China, the world’s second-largest economy, has announced retaliatory tariffs and the ministry hinted in its latest statement that more may be coming. ( read original story ...)
2Haitian Flavoring Reports Double-digit Profit Growth For 2024; Prepares…
Foshan Haitian Flavouring and Food Co. Ltd. (603288.SH) last Thursday reported revenue and profit growth for 2024 amid a globalization drive to propel its business. The leading Shanghai-listed soy ... ( read original story ...)
Shanghai’s elderly investors keep faith despite stock market woes
A raucous group of elderly investors held court at a Shanghai securities company on Tuesday, chatting loudly about the stock prices flickering on LED boards as Chinese markets stutteringly recovered from the brutal day before. ( read original story ...)
Hedge funds capitulate, investors brace for margin calls in market rout
Some hedge funds say they are offloading all or most of their holdings of stocks as U.S. President Donald Trump's trade war wipes out trillions of dollars of market value and forces them to curtail trading using borrowed cash. ( read original story ...)
Microsoft joint venture Wicresoft halts projects in China, lays off thousands of workers
Wicresoft will cease work on Microsoft projects in China owing to ‘geopolitical shifts and changes in the global business environment’. ( read original story ...)
Shanghai launches all-round service center for foreign talents
The Bund Service Center for International Professionals is launched in Shanghai's Huangpu district on April 8. [Photo provided to chinadaily.com.cn] ... ( read original story ...)
Exclusive: Micron to impose tariff-related surcharge on some products from April 9, sources say
U.S. memory chipmaker Micron Technology has told U.S. customers it plans to impose a surcharge on some products from Wednesday to account for U.S. President Donald Trump's new tariffs, four sources ... ( read original story ...)