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YMTC Breaks Into Global Top 3 NAND Suppliers With 14% Share

Yangtze Memory Technologies captured 14% of global NAND flash bit shipments in Q2, entering the world's top three suppliers for the first time.

Lenovo Profit Beats Estimates as AI Servers Drive 43% Revenue Jump

Lenovo Group posted a 43% surge in quarterly revenue and stronger-than-expected profit, driven by booming demand for AI computers, servers and services.

Maersk Shares Jump 7% After Profit Beat and Raised Full-Year Outlook

A.P. Moller-Maersk shares surged as much as 7% after the shipping giant beat profit estimates and raised its full-year earnings guidance.

Cisco Stock Drops Despite Earnings and Revenue Beat on Wall Street

Cisco shares fell after hours despite beating Wall Street estimates on earnings and revenue, as investors focus on AI-driven networking demand and guidance

Total Solar Eclipse Sweeps Europe and Arctic, Sending Hotel Prices Past $1,000

A rare total solar eclipse crossed Europe, Iceland and the Arctic on August 12, drawing millions and pushing some hotel prices above $1,000 a night.

China’s services sector shows strong growth in February

China's services sector activity continued to expand for a second consecutive month in February, indicating a rebound in the country's economy after the pandemic....

Experts Predict China’s NEV Market to Sustain Rapid Growth Amid Rising Demand and New Models

China's new energy vehicle (NEV) market is poised for continued growth, despite a lackluster start to the year. Experts and industry executives predict that...

China National Space Administration Approves Robotic Asteroid Sampling Mission

The Chinese government has announced plans to send a robotic spacecraft, called Tianwen 2, to collect samples from an asteroid known as 2016 HO3....

Vice-Premier Liu He urges mobilization of resources for China’s IC industry

Chinese Vice-Premier Liu He has called for a nationwide effort to develop the integrated circuit (IC) industry, amid US curbs and rising tensions in...

Chinese Spokesperson Says Hong Kong National Security Law Brings Stability and Improved Business Environment

The formulation and enactment of the Law on Safeguarding National Security in the Hong Kong Special Administrative Region is an important milestone in the...

Private Sector in Hong Kong SAR Expands at Fastest Pace Since May 2021, S&P Global Reports

According to a report released on Friday by S&P Global, the S&P Global Hong Kong SAR Purchasing Managers' Index registered 53.9 in February, up...

Hong Kong Welcomes First Large-Scale Mainland Tourism Inspection Group Since Pandemic Outbreak

Hong Kong Special Administrative Region has recently received its first large-scale tourism inspection group from the Chinese mainland since the outbreak of the COVID-19...

Haval Launches New Plug-In Hybrid Dargo as Part of Expanding NEV Portfolio

Haval, a brand of Great Wall Motors, launched its plug-in hybrid Dargo on Monday, showcasing the company's efforts to explore opportunities in the burgeoning...

Chinese Manufacturing Sector Should Focus on Global Expansion and Cutting-Edge Technologies, Says TCL Founder

Li Dongsheng, the founder and chairman of Chinese consumer electronics maker TCL Technology Group Corp, has called on China's manufacturers to shift from exporting...

Beibu Gulf Port in China Bucks Container Throughput Trend with 15% YoY Increase in January

Beibu Gulf Port in South China's Guangxi Zhuang autonomous region has achieved a significant increase in container throughput in January, contrary to the trend...

Guangdong Implements New Measures to Support Local Enterprises and Boost Market Vitality

Guangdong province, a major economic powerhouse in southern China, announced on Thursday a series of new measures and policy updates aimed at boosting market...

AutoFlight sets new record for the longest eVTOL flight ever with 250.3 km on a single charge

AutoFlight, an innovative eVTOL manufacturer, has recently announced a groundbreaking achievement that has placed them on the map as a serious contender in the...

China’s CGN Plans to Put More than 10 Hualong One Reactors into Operation by 2025

China is ramping up its green energy push with the deployment of over 10 units of Hualong One, a cutting-edge third-generation nuclear reactor that's...

Goldman Sachs Upgrades China’s Growth Forecast as US Companies Invest in Country’s Consumer Market.

Many of the largest US companies are doubling down on China, betting on the nation's vast consumer market and the potential for a post-pandemic...

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