Business

Apple Unveils $1,999 Foldable Duo iPhone at First Ternus Event

Apple debuted a $1,999 passport-shaped foldable iPhone called Duo and a pricier iPhone 18 Pro at its first showcase led by new CEO John Ternus.

IAEA Board Refers Iran to UN Security Council for First Time in 20 Years

The IAEA board voted on Wednesday to refer Iran to the UN Security Council for nuclear non-compliance, the first such move in 20 years.

Zelenskyy’s Plane Nearly Struck by Drone Leaving Moldova, Norway’s PM Says

Ukrainian President Zelenskyy's plane was nearly struck by a drone leaving Moldova on Tuesday, Norway's PM Jonas Gahr Stoere said, en route to Oslo.

US Bans Canadian Dairy, Alcohol and Motorcycles, Adds 50% Surcharge on More Goods

The US will ban Canadian dairy, most alcohol and motorcycles in three weeks and add a 50% surcharge on more goods from September 15, the White House said T

Brent Crude Nears $100 as Iran Strikes US Base in Jordan

Oil prices surged toward $100 a barrel Wednesday as Iran struck a US base in Jordan and American forces destroyed five Iranian tankers.

China’s Tech Companies Set to Flourish in Domestic Capital Markets

A recent report by global consultancy PwC suggests that the Chinese mainland's capital market will receive a boost to support innovative enterprises with key...

China and Iran’s Trade Relationship Continues to Thrive, with $15.8 Billion in Total Trade for 2022

China and Iran have been long-standing trade partners for over a decade, and that trend has continued into 2022. According to the Ministry of...

Chinese Ministry of Commerce Reiterates Significance of Economic and Trade Cooperation with the United States

On Thursday, the Chinese Ministry of Commerce reiterated the significance of economic and trade cooperation between China and the United States. The Ministry stated...

Chinese Chip Industry Association Warns Against US, Japan, and Netherlands’ Export Controls

The China Semiconductor Industry Association (CSIA), the country's top chip industry trade group, has expressed opposition to the reported export controls on the country's...

Rural Tourism on the Rise in Hainan, China, Boosting Local Economies and Job Growth

In China's southeastern Hainan province, rural tourism is on the rise. The region is known for its tropical fruits, stunning scenery, and refreshing sea...

RCEP helps more ASEAN agricultural products enter Chinese market

The implementation of the Regional Comprehensive Economic Partnership (RCEP) has brought about changes in the import of fruits and agricultural products from Southeast Asian...

China’s Machinery Industry Set for Steady Growth in 2023, Says Industry Federation

The machinery industry in China is expected to continue its steady growth trajectory, following a faster pace of recovery, according to the China Machinery...

Chinese Housing Market Resilient with Month-on-Month Increase in Home Prices in January

The Chinese housing market showed signs of stability in January, with a greater number of cities experiencing slight month-on-month increases in home prices, according...

China Nears Completion of First Domestically-Built Large Cruise Ship

China's first domestically-built large cruise ship is nearing completion, with over 91 percent of construction finished, according to the administration bureau of the bonded...

Chinese Yuan Weakens Against US Dollar, Prompting Speculation on Trade Tensions

The China Foreign Exchange Trade System announced that the central parity rate of the Chinese currency, the renminbi or yuan, weakened by 336 pips...

China Takes a Step Towards Tightening Oversight and Regulation of Financial Sector

China has issued a guideline for improving the oversight of finance and accounting activities in the country. The directive was jointly released by the...

China’s central bank strengthens financial support for key areas and weak links

The People's Bank of China (PBOC) has announced that it will take precise measures to strengthen financial support for key areas and weak links...

China’s Spring Festival Travel Rush Sees Over 1.5 Billion Trips, Boosts Tourism and Consumption Revival

The Spring Festival travel rush, which marks the celebration of the Chinese New Year, officially ended on Wednesday. The travel season, also known as...

Strong Recovery Trend: China’s SMEs Show Improvement in January

Industrial data has shown that small and medium-sized enterprises (SMEs) in China experienced a surge in activity during January, indicating a steady recovery in...

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