Business

Super Micro Surges Premarket on Strong Outlook, H&R Block Jumps on Earnings

Super Micro Computer shares jumped premarket after raising its outlook, while H&R Block surged on strong earnings and CoreWeave and Coherent posted big mov

US Mortgage Rates Stop Rising, Nudging Homebuyer Demand Back

US mortgage rates eased slightly this week, halting a run of increases and drawing modest homebuyer and refinance demand back into a subdued market.

Eli Lilly Sues Six Companies Over Illegal Sales of Experimental Obesity Drug

Eli Lilly has sued six companies for allegedly selling versions of retatrutide, an experimental obesity drug still under clinical development and unapprove

Tencent Beats Revenue Estimates on Games and AI Ads Despite 26% Stock Slide

Tencent topped revenue expectations on gaming and AI-driven advertising, even as shares fell 26% amid rising AI spending and fierce competition in China.

FlightAware Withdraws Lawsuit Against Kalshi Over Flight-Cancellation Betting Markets

FlightAware has dropped its lawsuit accusing prediction-market platform Kalshi of using its data without authorization to power flight-cancellation betting

Government Policies Drive Growth in China’s Rehabilitation Robot Market

According to a recent report from consultancy Frost & Sullivan, China's medical rehabilitation robot market is poised for rapid development in the coming years,...

ISUZU China Launches New Website, Providing Customers with Easy Access to Its Range of Trucks and Services

Discover the new website of Qingling ISUZU Vehicles. Browse through ISUZU's range of vehicles and after-sales services, and customize your vehicle online.

China’s Resurging Overseas Demand Set to Bolster 2023 Foreign Trade Growth

China's foreign trade is expected to continue its steady growth in 2023, supported by resurging overseas demand, the country's free trade measures, and various...

Over 34,000 Exhibitors to Attend China’s Largest Trade Event

The 133rd China Import and Export Fair, also known as the Canton Fair, is set to open this spring with a new ferry terminal...

UN World Data Forum 2023: Advancing Sustainable Development with Data

The fourth United Nations World Data Forum is set to take place from April 24 to 27 in Hangzhou, East China's Zhejiang province, according...

Italian Companies Express Confidence in China’s Market Growth at Third China International Consumer Products Expo

During the ongoing Third China International Consumer Products Expo in Haikou, capital of Hainan province, top executives of Italian companies expressed their confidence in...

Midea Group to Enhance Competitive Edge in Brazil with New Factory

Midea Group, a Chinese home appliance maker, has announced its latest move to expand its presence in Brazil with the groundbreaking ceremony for its...

China’s IP Court Streamlines Appeal Process, Improving Quality of Trials and Law-Based Environment for Innovators

China has become an increasingly popular venue for resolving international intellectual property disputes, according to a recent report by the Intellectual Property Court of...

Hsu Fu Chi Leads Innovation in Healthy Snacks with New Research Center

Hsu Fu Chi, a snack maker based in Dongguan, Guangdong province, has partnered with the South China University of Technology to establish a healthy...

Pernod Ricard opens four boutique stores in Hainan Free Trade Port

Pernod Ricard, the French wine and spirits group, is optimistic about China's growing economy and has plans to expand its investments while focusing on...

IMF predicts positive spillovers from China’s economic growth in 2023

According to the International Monetary Fund (IMF), China's economy is projected to grow at a rate of 5.2 percent this year following the reopening...

China’s CPI Dips to an 18-Month Low in March

China's consumer inflation eased in March, reaching an 18-month low, while factory-gate prices showed an annual fall for the sixth consecutive month, according to...

Hopeful Signals Abound in China’s Latest Economic Data

According to recent data released by the National Bureau of Statistics of China, the country's major economic indexes have been in the expansion zone...

Egypt expert hails CICPE 2023 as boon to global growth and international trade

The upcoming China International Consumer Products Expo (CICPE) 2023 is viewed as a beacon of hope for global growth and trade, especially given the...

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