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

Shenzhen Stock Exchange’s Little Giants Show Strong Momentum in 2022

According to a report by China Securities Journal, the Shenzhen Stock Exchange's A-share companies are on track to make significant profits in 2022. The...

China’s special medical zone in Hainan attracts more patients in 2023

China's Boao Lecheng International Medical Tourism Pilot Zone has seen a surge in visitors in the first two months of 2023, with over 34,000...

Made-in-China.com Marketing Campaign Sees Surge in Overseas Orders

Made-in-China.com, a platform connecting global buyers with Chinese suppliers, has launched a marketing campaign to help Chinese suppliers find quality buyers and explore new...

China’s Bulk Commodity Market Sees Growth in March Amid Increased Demand

According to recent industrial data, China's bulk commodity market has experienced improving fundamentals, as sales and demand rebounded in March. The China Federation of...

China’s Railways Witness Significant Growth in Passenger Trips and Freight Volume in Q1 2023

According to industry data, China's railway system saw a steady increase in passenger trips and freight volume in the first quarter of 2021. The...

Ethiopian Airlines celebrates 50th anniversary of first flight to China

Ethiopian Airlines, Africa's leading and fastest-growing airline, is celebrating the 50th anniversary of its first flight to China, marking an important milestone in the...

SUEZ to Boost Investment in China’s Water and Waste Management Market

SUEZ Group, a leading French environmental solutions provider, plans to deepen its investment in China's water and waste management market. This move is in...

Realme’s latest GT Neo 5 SE aims to gain larger market share among gamers in China

Chinese smartphone brand Realme is making a push to grab a larger share of the world's largest smartphone market with its latest handset, the...

China to bring new opportunities to global enterprises, including French companies

China's Commerce Minister, Wang Wentao, has said that high-level opening-up will be unwaveringly promoted as a State policy to deepen cooperation in global industrial...

China’s unwavering opening-up and enormous domestic market provide unparalleled opportunities for French enterprises

Experts and business leaders agree that closer economic and trade ties between China and European countries will benefit both sides and inject more positive...

China’s growth and global expansion to fuel need for project professionals, says PMI CEO

According to Pierre Le Manh, the president and CEO of the Project Management Institute (PMI), China's ongoing economic growth and its companies' push to...

China Unveils New Policies to Secure Foreign Trade Orders and Upgrade Trading Structure

At the State Council Executive Meeting chaired by Premier Li Qiang, a raft of policy measures were decided upon to secure foreign trade orders...

Adisseo Group Targets China’s Aquaculture Market with New Protein Factory

Adisseo Group, a subsidiary of State-owned Sinochem Holdings Corp Ltd and a France-based animal nutrition provider, is set to launch a protein factory in...

Expert Suggests Mutual Recognition of Professional Standards in Greater Bay Area

According to James Chang, managing partner of regional economic clusters and south markets at PwC China, creating a group identity is a top priority...

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