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

Industry Leaders Urged to Establish Research Institutes for Technological Innovations

During the ongoing two sessions, Yao Lijun, a member of the 14th National Committee of the Chinese People's Political Consultative Conference, called for more...

China Eyes Nuclear Power as Base Load Power Supply to Support Renewable Energy Development

A political adviser at this year's two sessions has called for nuclear power to play a more significant role in China's efforts to achieve...

Chinese automakers make significant inroads into European EV market

China's dominance in the new energy vehicle (NEV) sector is on the rise, with Chinese and foreign carmakers exporting 170,000 electric vehicles and plug-in...

China’s maternal and infant care market reflects changing consumer tastes and preferences

China's maternal and infant care market is expected to experience significant growth, driven by the increasing consumption power of new parents. According to a...

Food Delivery and Ride-Hailing Jobs Overtake Waiter Positions in China’s F&B Industry

A recent job fair at Henan University of Economics and Law sparked a heated discussion after several catering companies recruited dishwashers for a minimum...

Guzhen Town in Guangdong Province Resumes Offline Exhibitions with the 28th China International Lighting Fair

Surrounded by whimsical butterfly- and rabbit-shaped lamps, workers are busy assembling illuminations while others rehearse for the highly anticipated light show at the upcoming...

China’s Financial Sector to Benefit from Central Financial Commission Analysts Say

China's decision to establish a central financial commission has been lauded by analysts as a crucial move towards strengthening and refining financial supervision, and...

China to Enhance Border and Cross-Border Economic Cooperation Zones for Greater Trade and Investment

China is set to bolster its border and cross-border economic cooperation zones with a set of 15 new measures aimed at expanding their layout...

Global Companies Remain Confident in China’s Market, Increasing Investment

Market analysts and business executives stated on Friday that global corporations are resolute in their belief that increasing investment in China is a wise...

Female GMs Leading the Way: Marriott and J Hotel Set Examples in China’s Hospitality Industry

Zhang Xin has found the hospitality industry to be incredibly appealing, having worked in it for over 25 years, starting as a receptionist and...

Chinese Scientists develops self-learning technology for autonomous vehicles

A research team from Tsinghua University has developed a breakthrough technology in autonomous driving that allows vehicles to self-learn while driving in unfamiliar situations....

China Criticizes US for Unreasonable Suppression of TikTok Amid Security Concerns

China has once again urged the United States to stop spreading false information about data security issues and unreasonably suppressing related companies. This comes...

Hainan’s Free Trade Port draws global attention as foreign officials attend development seminars

Foreign business officials who attended a recent seminar in Haikou, Hainan province, have expressed their belief that the Hainan Free Trade Port (FTP) will...

China’s Smart Farming Technologies Revolutionize Agricultural Industry

China's agricultural industry is undergoing a transformation through the integration of cutting-edge technologies such as big data, cloud computing, and the internet with traditional...

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