Swedish retail giant IKEA and sister property business Ingka Centres are to accelerate expansion in Asia this month with Livat Shanghai to open and Delhi breaking ground. ( read original story ...)
Two Chinese AI Chipmakers Seek IPOs in Shanghai
Bloomberg has learned that two of China's most prominent designers of AI chips are targeting stock listings. People familiar with the matter have told us that Shanghai Enflame Technology Co. and ... ( read original story ...)
How China has ‘throttled’ its private sector
Venture capital finance has dried up amid political and economic pressures, prompting a dramatic fall in new company formation ... ( read original story ...)
As Tensions Rise, China Profits Drop for U.S. Companies
The American Chamber of Commerce in Shanghai reports only two-thirds of American busiensses operating in China were profitable in 2023. ( read original story ...)
U.S. Firms See Record-Low Profits in China: Report
A new report says U.S. companies in China are seeing record-low profits, amid U.S.-China tensions and a slowing Chinese economy. ( read original story ...)
Alibaba shares jump 4% on its addition to mainland Stock Connect Scheme
Shares in Alibaba Group , jumped 4.2% on Tuesday as investors cheered its inclusion on China's mainland stock exchanges after the e-commerce giant upgraded its Hong Kong listing to primary status last ... ( read original story ...)
China Shares May Stop The Bleeding On Tuesday
Oil prices climbed higher Monday on the possibility of weather-related production issues in the the Gulf of Mexico, and on OPEC's decision to delay a production boost originally scheduled to begin in ... ( read original story ...)