HONG KONG (AP) — Asian shares were mostly lower on Monday after gains in technology stocks snapped Wall Street’s four-week losing streak. ( read original story ...)
Beijing AI firm to establish global headquarters in Hong Kong, hold IPO in city
Hong Kong finance minister Paul Chan confirms Post report that AICT aims to hold initial public offering in city. ( read original story ...)
Sinopec’s 2024 net profit plunges 16.8% due to falling oil prices, NEVs
China Petroleum & Chemical Corp , , known as Sinopec, reported a 16.8% decline in 2024 net profit on Sunday, citing lower crude oil prices and the accelerated development of the new energy vehicle ... ( read original story ...)
AstraZeneca to invest $2.5 billion in Beijing hub as it looks beyond Chinese tax probe
British pharmaceutical giant AstraZeneca announced on Friday that it will invest $2.5 billion in a research and development center in Beijing, China. ( read original story ...)
Asian and European Stocks Drop Despite German Vote for Massive Spending
Stock markets were largely in the red across the globe on Friday as markets focus on the risks to global growth from tariffs. Even a historic vote in Germany to unlock potentially more than $1 ... ( read original story ...)
China’s Bank of Communications 2024 profit flat, warns of margin pressure
China's Bank of Communications Co Ltd (BoCom) reported a 0.9% rise in 2024 net profit, while warning of margin pressure and bad debt. Profit was 93.586 billion yuan ($12.91 billion) last ... ( read original story ...)
Global banks raise China’s growth forecast, ease bearish yuan views
Global investment banks have raised their projections for China's economic growth and eased bearish views on the Chinese currency, spurred by early signs of economic recovery, though concerns over ... ( read original story ...)