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Western trade helps buoy Xinjiang’s exports but signs of slowing growth in November
The region’s trade volume has risen by roughly a quarter this year, with electrical products and garments leading the way.
Read moreHeathrow cancels flights as wind hits festive travel
Strong winds are continuing to cause some disruption as millions of people travel ahead of Christmas.
Read moreChristmas getaway: Tips to avoid disruption
Some 14 million drivers are expected to hit the road in the last weekend before Christmas, according to the RAC.
Read moreSonic Beats Lion King at Box Office
“Mufasa: The Lion King” sputtered in second place at theaters in the United States and Canada. “Sonic the Hedgehog 3” was No. 1.
Read moreRemoving Carbon From the Sky Could Be the Next Climate Gold Rush
Investors are betting that they can make a dent in global warming, and healthy profits, with companies that alter the atmosphere.
Read moreWhy Is It So Hard to Make a Robot Chef?
Restaurants are experimenting with automation. But in the kitchen, human labor is hard to replace.
Read moreDiamonds are plunging in value around the world. Is China to blame?
China’s demand for natural diamonds has ‘fallen off a cliff’ amid plunging marriage rates, while its factories are churning out synthetic alternatives that are up to 90 per cent cheaper.
Read moreWe Gave Workplace Advice. Readers Shared What They’d Do Instead.
Some readers have their own opinions about the workplace advice that this columnist doled out over the past six months.
Read moreHow much is the winter fuel payment and who can still get it?
Government plans to limit the payment have been criticised by some MPs, unions and charities.
Read moreBlake Lively, Justin Baldoni and a Smear Campaign After ‘It Ends With Us’
Private messages detail an alleged campaign to tarnish Blake Lively after she accused Justin Baldoni of misconduct on the set of “It Ends With Us.”
Read moreTrump Appoints ‘The Apprentice’ Producer as Special Envoy to Britain
Mark Burnett and President-elect Donald J. Trump had a long and successful collaboration that made Mr. Trump a household name.
Read moreElon Musk's curious fixation with Britain
The tycoon has changed his tune when it comes to the UK - and there are clues which help to explain why.
Read moreValencians struggling to recover from devastating floods
The Spanish region was badly hit by flooding in October, and the clean up is far from over.
Read more'Worst place I've lived': Vulnerable left in unsafe homes
Vulnerable people have been left living in homes which have been deemed unsafe, the BBC has discovered.
Read moreUndocumented Workers Take on Dangerous Jobs to Feed America
Undocumented workers help feed America’s hunger for prepared foods, but some take jobs with staffing agencies that expose them to hazardous conditions.
Read moreStarbucks Workers Strike in LA, Chicago, Seattle
The walkouts in Los Angeles, Chicago and Seattle come after talks between the company and the workers’ union failed to produce an agreement on raises.
Read moreParty City Stores to Close by February, Company Says
In an internal letter, the company said inflation and changes in consumer spending had forced it to shut its more than 700 stores.
Read moreAmazon Delivery Drivers at Seven Hubs Walk Out
The retail giant said it expected its operations to be largely unaffected by the strike of some drivers at contracting firms Amazon uses to deliver packages.
Read moreIran’s Energy Crisis Hits ‘Dire’ Point as Industries Are Forced to Shut Down
Although Iran has one of the biggest supplies of natural gas and crude oil in the world, it finds itself in a full blown energy emergency, coming just as it also suffers major geopolitical setbacks.
Read moreAmazon Warehouse Workers in New York City Join Protest
The workers’ union hopes that adding employees at the Staten Island warehouse to a protest started by delivery drivers will increase pressure on Amazon.
Read moreTroy Masters, Pioneering L.G.B.T.Q. Journalist, Dies at 63
He was at the helm of several influential publications, notably Gay City News in New York City and, since 2017, The Los Angeles Blade.
Read moreFrom Inflation to Bitcoin, 9 Charts That Explain 2024
Rate cuts, stock surges, and Trump’s tariff threats are among the biggest forces shaping business and the economy.
Read moreChinese Premier Li Qiang makes new overtures to foreign firms, pledging more access and services
Li uses trip to Zhejiang to reaffirm support for overseas investors and private domestic players.
Read moreEgg Prices Jump Before Holidays as Bird Flu Spreads
Costs have soared again amid a bird flu outbreak, bringing renewed attention to the fact that while inflation is cooling, prices are still elevated.
Read moreHow to Keep ‘People Pleasing” From Ruining Your Finances
Spending money to avoid conflict or gain social acceptance can ruin your finances. Some self-reflection and support from professionals can help turn things around.
Read moreHow Netflix’s ‘Culinary Class Wars’ Made Chef Anh Sung-jae a Star
Anh Sung-jae went to America as a 13-year-old, joined the Army, went to culinary school and opened a top restaurant in San Francisco. Now back home in South Korea, he’s a Netflix star.
Read moreChina sees surge in travel demand for extended Lunar New Year holiday
Flights and group tours are already booking up weeks ahead of the eight-day public holiday, which begins on January 28.
Read moreGoogle suggests fixes to its search monopoly
Google proposed new limits after a judge ruled Google illegally crushed competition in search.
Read moreGoogle Proposes Fix to Solve Search Monopoly
The search giant’s proposals included allowing flexibility for companies and consumers in choosing a search engine.
Read moreFor Syria’s Economy, the Way Forward Starts With Sanctions Relief
Years of strife ruined the energy sector, battered the currency and strangled growth. The West must ease financial controls to help the economy, experts say.
Read moreAmazon Reaches Settlement to Resolve Federal Safety Accusations
The Occupational Safety and Health Administration agreed to withdraw citations at nine of 10 warehouses where it had flagged violations; the company agreed to a $145,000 penalty.
Read moreBiden Withdraws Proposed Regulations on Student Loans and Trans Athletes
The decision to withdraw the regulations seemed to be an acknowledgment that they would go nowhere under the Trump administration.
Read moreFDA approves Eli Lilly's weight loss drug Zepbound for sleep apnea, expanding use in U.S.
The agency's decision expands the use of Zepbound and could potentially pave the way for Eli Lilly to gain broader insurance coverage for the treatment.
Read moreSega considering Netflix-like game subscription service
It's another sign the industry is moving away from owning games - some fear that means gamers having to "shell out more."
Read moreWhy self-confessed 'superfans' were engrossed by Post Office inquiry
People with no connection to the Post Office avidly followed the inquiry, both online and in person.
Read moreHow has Hengqin helped Macau diversify its casino-dominated economy?
Greater Bay Area plan has added impetus to development of neighbouring island in Zhuhai.
Read moreHow a Government Shutdown Could Affect the Economy
A short lapse in funding would probably do only modest damage. But it could send a troubling signal about government dysfunction.
Read moreThe Other Game
At the DealBook Summit, seven sports stars and experts discussed how building a brand as an athlete has changed.
Read moreWall St. Is Making Irrelevant Predictions, Again
Optimistic guesses about the future are not forecasts, our columnist says.
Read moreTrump Puts $4 Billion in Shares of His Media Company in a Trust
A regulatory filing showed that the president-elect transferred some 115 million shares of Trump Media to a trust controlled by his son Donald Trump Jr.
Read moreWhat a government shutdown could mean for air travel
A government shutdown could mean thousands of air traffic controllers and TSA agents would go without paychecks.
Read moreVolkswagen agrees deal to avoid German plant closures
VW and a union have, however, agreed to cut more than 35,000 jobs across the country by 2030.
Read moreOpenAI Unveils o3 System That Reasons Through Math, Science Problems
The artificial intelligence start-up said the new system, OpenAI o3, outperformed leading A.I. technologies on tests that rate skills in math, science, coding and logic.
Read moreAmazon Has Overhauled Its Drone Delivery. Will the Public Welcome It?
A recent visit to the company’s overhauled drone delivery program in Arizona left me impressed by the drones, but skeptical that the public will welcome them.
Read moreGovernment Shutdown and Travel: What to Know About Flights, Passports and More
The failure to act by Congress could cause airport lines and other disruptions across the travel industry during a busy holiday travel period.
Read moreParty City to close all of its stores, report says
Party City on Friday announced it will close all of its stores and has initiated corporate layoffs effective immediately, according to a CNN report.
Read moreCFPB sues JPMorgan Chase, Bank of America and Wells Fargo over Zelle payment fraud
Zelle, a peer-to-peer payments network run by bank-owned fintech firm Early Warning Services, allows for instant payments to other consumers and businesses.
Read moreVolkswagen Reaches Labor Deal, Avoiding Germany Plant Closures
The automaker agreed to keep all 10 of its factories in Germany open and to guarantee workers’ jobs until the end of 2030.
Read moreStarbucks baristas strike in three U.S. cities during pre-Christmas rush
Starbucks baristas are striking in Los Angeles, Chicago and Seattle.
Read moreBiden Administration Sues 3 Big Banks Over Zelle Fraud
Action against Bank of America, JPMorgan Chase and Wells Fargo may not survive President-elect Donald J. Trump’s return to office.
Read morePCE Inflation, the Fed’s Preferred Measure, Sped Up in November
The Personal Consumption Expenditures index climbed 2.4 percent from a year earlier, though the report’s details were more subdued than expected.
Read moreNetflix secures U.S. rights to the FIFA Women's World Cup in 2027, 2031
Netflix said Women's World Cup coverage will include commentary and entertainment, as well as Netflix original documentaries in the lead-up to the tournament.
Read moreWhat the top 75 college sports programs are worth
The top of the list is dominated by SEC and Big Ten schools, due largely to each conference's massive media rights deals.
Read moreBanking app Dave, back from the brink, is this year's biggest gainer among financials with 934% surge
Dave, which makes money by extending loans to cash-strapped Americans, is emblematic of a larger shift that's still in its early stages, analysts say.
Read moreStarbucks baristas launch strike in US, union says
It follows calls from the Workers United union for higher pay and better conditions for Starbucks baristas.
Read morePro pickleball players are now getting a higher salary than WNBA, NWSL players
Pickleball continues to grow at the professional ranks after the completion of a merger in 2024 to help unify the sport.
Read moreThe Shutdown Crisis Leads to Questions About Who Is in Charge
Donald Trump has yet to take office but the president-elect and Elon Musk are already influencing policy, putting the federal government hours away from a shut down.
Read moreFrom Nike to Intel, CEO departures at U.S. companies hit a record this year
CEO exits at U.S. public companies were a record in 2024 as they faced competitive and strategic challenges.
Read moreHow a New Year’s Resolution Can Set Up Financial Goals for Success
Don’t give up on resolving to do better, psychologists and personal finance experts say. The key is to reframe the way you think about it.
Read moreFAA puts temporary bans on drone flights over areas of New York, New Jersey
The Federal Aviation Administration on Friday added more temporarily bans on drone flights, now over 24 areas across New York, and were requested by New York Governor Kathy Hochul.
Read moreGovernment borrowing at three-year low for November
Public sector borrowing was £11.2bn last month, the lowest November figure since 2021.
Read moreBritannica, Onetime Encyclopedia Publisher, Pushes A.I. Tools
The encyclopedia maker could have become a casualty of the Wikipedia era. But it has remade itself into a digital learning giant that is weighing going public.
Read moreChina’s tax agency cracks down on influencers, online merchants amid shrinking revenue
A newly proposed regulation would require internet platform operators to report revenue information about users.
Read more‘Resilient’ trade of China’s Shenzhen puts tech hub in position to overtake Shanghai
Total trade value in city dubbed China’s Silicon Valley surged past 4 trillion yuan from January to November, with a record year-on-year increase.
Read moreHow China manages big data is changing, as new state-owned firm takes the helm
Restrictive ‘data silos’ have impeded logistics and hindered commercialisation of data, but a new centrally managed company aims to tear down barriers.
Read moreChina’s demand for intelligent cars to create a US$356 billion components industry by 2030
Market for car parts and software is likely to grow at an annualised pace of 28.8 per cent between 2026 and 2030.
Read moreMigration from China’s countryside to cities to be a key factor in resource allocation
Annual national rural work conference sets out priorities for rural planning and construction as urbanisation gathers pace.
Read moreWhy China will struggle to boost consumption
A system which emphasises stability and control will face challenges in uncovering the DNA of the Chinese consumer.
Read moreTrump Tariffs? Europe Braces but Has No Clear Strategy
The incoming president promised “tariffs all the way” unless Europe bought more U.S. oil and gas. European officials have no clear strategy for avoiding a trade war.
Read moreMacau Is the Casino Capital of the World. For China, That’s Not Enough.
A quarter century after the former Portuguese colony was made a Chinese territory, Macau’s economic boundaries with the mainland are being blurred.
Read moreRomance scammer duped £17k from me with deepfakes
Nikki MacLeod believed she was sending money to a real woman whom she was in a relationship with.
Read moreChinese toymaker Pop Mart’s 370% surge fuelled by blind box collectibles
Pop Mart’s blind box toys have become a global sensation, turning the toymaker into the hottest Chinese growth company.
Read moreWorst major train stations for cancellations named
The latest figures show almost one in 10 trains were cancelled at Manchester Victoria.
Read moreN Korea hackers stole $1.3bn of crypto this year - report
Some incidents may be linked to North Korean IT workers infiltrating tech firms, according to research firm Chainalysis.
Read moreWilliam J. Hennessy Jr., Sketch Artist of Courtroom Drama, Dies at 67
His lively drawings of historic Supreme Court arguments, impeachment trials and murder cases gave the public a peek into venues where cameras were banned.
Read moreNeil Cavuto, Longtime Fox News Host, Signs Off the Network
“Your World with Neil Cavuto” was shown in the 4-5 p.m. slot for 28 years, since the network began in 1996.
Read moreTrump Tossed a Debt Limit Grenade Into Spending Talks. Here’s Why.
President-elect Donald J. Trump was forced to negotiate with Democrats over the borrowing cap during his first term.
Read moreNike CEO Elliott Hill outlines new strategy after retailer blames promotions for declining revenue and profit
Nike beat Wall Street's expectations on the top and bottom lines under new CEO Elliott Hill.
Read moreAI is trained to spot warning signs in blood tests
AI can spot patterns in the data from blood tests that can give an early warning of disease.
Read morePublishers Battle for the C-Suite
Numerous media outlets, looking for new lucrative lines of business, are pursuing newsletters and events aimed specifically at top executives.
Read moreWhat Are ‘Healthy’ Foods? New Rules for Labeling Are Issued.
The Food and Drug Administration released final rules on labeling foods as “healthy,” tightening limits for sugar, sodium and saturated fat.
Read moreAmerican Airlines Settles Racial Discrimination Case
Three Black men had accused the airline of wrongly forcing them to get off a plane for an hour because of a complaint about body odor.
Read moreForeign tourist arrivals to China suddenly surge as visa relaxations fuel travel searches
Travel platforms such as Fliggy and Trip.com see huge influx in interest as Beijing makes it easier to transit.
Read moreRupert Murdoch’s Appeal to Alter Family Trust Faces Uphill Battle
Mr. Murdoch’s appeal over whether he can consolidate his son Lachlan’s power over his media empire is due just before Christmas.
Read moreArtificial Intelligence in 2030
At the DealBook Summit, ten experts in artificial intelligence discussed the greatest opportunities and risks posed by the technology.
Read moreDarden Restaurants stock climbs as Olive Garden, LongHorn Steakhouse fuel sales growth
Darden Restaurants met Wall Street's expectations for its fiscal second-quarter results.
Read moreAmazon hit by 'strike' during holiday season scramble
One of America's most powerful labour unions is staging a protest against the e-commerce giant.
Read moreBank of England Holds Rates as U.K. Inflation Rises Amid Economic Uncertainty
Stubborn inflation, tax rises and high interest rates make it difficult for many to muster optimism, at least in the short term.
Read moreHidden ‘Junk’ Fees Must Be Disclosed, F.T.C. Rule Says
Hotels, short-term rentals and event ticket-sellers must advertise the full price of their offerings under the rule, which is supposed to go into effect in the coming year. Here’s what to know.
Read moreFDA says Eli Lilly's weight loss drug Zepbound is no longer in shortage
The decision that will eventually bar compounding pharmacies from making unbranded versions of the injection.
Read moreNvidia’s Global Chips Sales Could Collide With US-China Tensions
The chipmaker expects more than $10 billion in foreign sales this year, but the Biden administration is advancing rules that could curb that growth.
Read morePost Office spent £132m defending itself at inquiry
The money relates to legal costs for the inquiry into the wrongful conviction of sub-postmasters.
Read moreNovember home sales surged more than expected, boosted by lower mortgage rates
Sales of previously owned homes rose 4.8% in November compared with October, according to the National Association of Realtors
Read moreMan convicted for repeatedly lying about inventing Bitcoin
Computer scientist Craig Wright was given a suspended prison sentence for what was described as "legal nonsense."
Read moreWhy Kylie Kelce’s Podcast, ‘Not Gonna Lie,’ Is a Breakout Hit
But in her first interview since her podcast reached No. 1, she does share ideas about why the show has become a breakout hit.
Read moreMalls are using new restaurants to draw consumers as shopping centers reinvent themselves
Malls are adding new dining options, like Din Tai Fung and Eataly, to attract customers.
Read moreInterest rates held as Bank says economy doing worse
The Bank considered a rate cut as it thinks the economy has performed worse than it expected.
Read moreTreasury minister named in Bangladesh corruption probe
Tulip Siddiq is alleged to have helped her aunt, the former prime minister of Bangladesh, embezzle up to £4bn.
Read moreWater bills to rise by £86 on average next year
The higher-than-proposed average bill rise in England and Wales comes amid public anger over sewage discharges.
Read moreFrom trees to decorative chickens, holiday decor could boost retailers as shoppers pull back on gifts
Retailers are trying to capitalize on customers going big on decorating, especially as discretionary spending is still under pressure.
Read moreHarland & Wolff saved by deal with Spanish firm
Spain's state-owned shipbuilder confirms it is buying Harland & Wolff, best known for the Titanic.
Read moreWhen will interest rates fall?
Bank of England interest rates affect the mortgage, loan and savings rates for millions of people.
Read moreHow much will my water bill rise by?
Regular Ofwat has revealed how much water companies can raise their customers' bills by.
Read moreWashington and the Markets are Feeling the President-elect Effect
The President-elect takes office in a month, but his influence on policy is already being felt by investors and across Washington.
Read moreWhy Americans are outraged over health insurance — and what could change
The shooting of Brian Thompson has unleashed a torrent pent-up of anger towards insurers, renewed calls for reform and reignited a debate over U.S. health care
Read moreChina’s youth-unemployment pressure eases as index falls for third straight month
The youth-unemployment rate fell to 16.1 per cent in November, its third consecutive monthly decline, according to Chinese government data.
Read moreHow Vuori reached a $5.5 billion valuation by taking share from Lululemon
Vuori has grown from a no-name brand into a $5.5 billion empire by building a profitable and growing business and taking share from Lululemon.
Read moreCar loan scandal payouts row - what's it about?
The Supreme Court will make a key decision which could unlock compensation for millions of motorists.
Read morePrivate equity looks to buy in to college sports
Schools with the most valuable athletic programs, and the strongest football performance, sit in the best position to capitalize.
Read moreWhere Does a ‘Remarkable’ U.S. Economy Go From Here?
America’s economy is far outstripping its peers, but there are serious risks, including from the president-elect.
Read moreNBA Star Luka Doncic Debuts Foundation Focused on Youth Basketball
The N.B.A. star is worried that for too many youth basketball players, the sport is no longer fun. He’s trying to find ways to change that.
Read moreNever mind stimulus, rebalancing is China’s real economic challenge
The problem is not China’s leaders lacking the will to enact large-scale stimulus but whether it will work given the present challenges.
Read moreChina’s record farm yields see fertiliser on its way out as advanced tech is in
Modernisation efforts come as food-security stability grows more critical in China’s agrarian undertakings.
Read moreUS Fed’s hawkish rate-cut forecast slams China’s yuan
China’s currency, hammered since Trump’s re-election, has depreciated further against the US dollar, despite the yuan’s share among global payments rising.
Read moreG.M. Led in China for Years. Here’s How It Ended Up 16th in Sales.
General Motors has gone from market leader to also-ran in the world’s largest car market, stymied by its own missteps and Chinese policies that favored its local rivals.
Read moreStarbucks’ China Problem: Coffee Drinkers Want More for Less
For years, Starbucks was the dominant coffee chain in China. Now rivals offering local flavors and cheaper prices are crushing the company’s bottom line in its second-largest market.
Read moreWorld's first Bitcoin nation scales back crypto dream
El Salvador has eased its pro-cryptocurrency policies to help secure a $1.4bn loan from the IMF.
Read moreStocks slide as US central bank signals slower pace of rate cuts
The Federal Reserve warned it would be cautious about more interest cuts in the face of inflation concerns.
Read moreChina’s EV champion Geely bets on tech edge to expand in Asia, EU
In an interview with the Post, Geely CEO Gui Shengyue discusses the company’s overseas strategy and EU tariffs.
Read moreThe mega trade deal that has French farmers in uproar
The EU wants a trade deal with four South American nations, but France is strongly opposed.
Read moreCalifornia Declares an Emergency Over Bird Flu in Cattle
Officials have discovered the virus in 645 dairy herds, more than in any other state so far.
Read moreStocks Plunge as Fed Forecasts Fewer Rate Cuts Next Year
The Federal Reserve cut rates for a third time this year, but investors shuddered at revised forecasts suggesting only two cuts in 2025.
Read moreThe New Politics
At the DealBook Summit, nine prominent political figures, advisers and journalists debated what drove Trump’s victory and what it means for politics going forward. Here’s what they said.
Read moreSuperpower showdown: how US-China economic warfare could play out under Trump
As US president-elect Donald Trump forms his hawk-filled cabinet, what might China do to counter and deflect a barrage of blows?
Read moreAmerican homeowners are wasting more space than ever before
The number of extra bedrooms — defined as a bedroom in excess of the number of people in a home, and even including one for an office — has reached a new high.
Read moreStellantis further delays electric Ram pickup to prioritize plug-in 'EREV' model
Stellantis said Wednesday it will further delay an all-electric Ram pickup from next year until 2026.
Read moreU.S. auto sales next year expected to be best since 2019
S&P Global, Edmunds and Cox Automotive expect new auto sales to increase year over year by 2.5% or less to achieve the industry's best results since 2019.
Read moreMerck to develop weight loss pill from Chinese drugmaker in up to $2 billion licensing deal
Merck will pay Hansoh $112 million upfront for rights to the drug, with the potential for an additional $1.9 billion in payments and royalties on sales.
Read moreCEO sentiment in China sours amid slowdown risks, survey finds
Local competition and geopolitical tensions add to short-term pressures, but views of CEOs were more positive when pointing to China’s long-term outlook.
Read moreChina must harness cutting-edge AI to transform its finance sector: former PBOC official
The call comes amid a Chinese government drive to revitalise the economy by cultivating “new quality productive forces”.
Read moreChina’s bull run on bonds triggers fresh warning from central bank amid record-low yields
Institutions are being warned as bearish investor sentiment, and an expectation of lower interest rates, continue to make the bond market a sought-after haven.
Read moreChina’s childbirth conundrum sees costs keep people from getting on board for baby boom
World’s second-largest economy is facing unique demographic challenges unlike those seen anywhere in the world, Communist Party publication warns.
Read moreChina’s top EV maker BYD kicks off robotics recruitment drive for young talent
The Shenzhen-based carmaker is increasing its investment in humanoid robots amid a flurry of investment from local governments.
Read more10 trends to watch in 2025 in a rapidly transforming China
With China’s economic and social landscape set to be reshaped, businesses must stay agile and be prepared for change and uncertainty.
Read moreJapan's Honda and Nissan to reportedly begin merger talks
Nissan and Honda plan to enter into negotiations for a merger to better compete in the rapidly changing automotive industry, the Nikkei newspaper reported.
Read moreGrubhub to pay $25 million in FTC settlement over harmful practices against diners, workers
The complaint claims that Grubhub deceived diners about delivery costs and blocked access to their accounts.
Read moreStarbucks union votes to authorize strike ahead of this year's last scheduled bargaining session
In late February, Starbucks and the union announced they would work on a "foundational framework" on how to reach a collective bargaining agreement.
Read moreWalmart partners with China’s Meituan for 30-minute deliveries ‘anytime, anywhere’
The world’s largest retailer is partnering up with another Chinese tech firm four months after dumping its stake in JD.com.
Read moreWhat is neijuan, and why is it worrying China’s economic policymakers?
At central economic work conference, the country’s leadership emphasised the need to combat excessive cutthroat competition.
Read moreWalmart employees are now wearing body cameras in some stores
Walmart store associates are now using body cameras in some locations as retailers look to deter theft and make employees safer.
Read morePolicy support sees China’s tax revenue rise for second straight month
Tax revenue climbs by 5.3 per cent, while non-tax revenue surges by 40.4 per cent.
Read moreAlibaba to lose US$1.3 billion on Intime sale in retreat from offline retail
The deal for the department store chain is valued at 7.4 billion yuan, less than half of what Alibaba sank into it.
Read moreChina building world’s biggest artificial-island airport in Dalian
Dalian Jinzhouwan International Airport will cover an island that dwarfs the ones occupied by Hong Kong and Kansai airports.
Read moreHow China can achieve its next wave of economic growth
Beijing needs to eliminate the legacies of the restrictive planned economy, allowing a more market-driven allocation of land, money and labour.
Read moreFamily offices face hidden risks in making direct investments
Family offices, the in-house investment and service firms of high-net-worth families, have increasingly been making direct investments in private companies.
Read moreWomen’s basketball league Unrivaled secures $28 million in new funding from star-studded investor lineup
Startup basketball league Unrivaled announced on Monday the close of its Series A funding round, raising an additional $28 million before its inaugural season.
Read moreConcocting a plan: Starbucks hires chief growth officer in China to reignite sales
Tony Yang will focus on attracting young coffee drinkers via tie-ups with entertainment franchises and pop culture icons.
Read moreChina’s November consumption misses estimate, adds urgency to stimulus
Retail sales grew by just 3.0 per cent last month, while property investment also continued to drag, falling by 10.4 per cent in first 11 months.
Read moreIn from the cold: Scandi wines hope to win over drinkers
Thanks to climate change and tougher vines, Denmark and Sweden have a growing number of wineries.
Read moreFrom blind box toys to snacks, Chinese venture capital firm finds growth in niche spending
BA Capital has been able to tap into niche consumer areas to grow into a firm with US$1.38 billion under management.
Read moreEconomist Zhang Yansheng on how China can survive Trump threats, avoid Japan’s mistakes
Seasoned researcher says Trump’s ‘extremist’ protectionism will isolate US and cede the high ground on multilateralism to China.
Read moreTrump 2.0 is forcing Asian economies to make hard choices fast
The stability and prosperity of Asia depends on how regional economic powerhouses navigate complex dynamics while maintaining their autonomy.
Read moreHong Kong and Xinjiang could be the core of Kazakhstan’s China strategy
As the centre of global economic activity shifts from West to East, strengthening ties with China will remain one of Kazakhstan’s top priorities.
Read moreChinese entrepreneurs, wary of tariffs, tag along with investments in US visa bids
A new cohort of Chinese migrants to the US is on the rise – investors looking to permanently relocate to conduct their business smoothly.
Read moreChina’s finance industry urged to better support tech innovation
Tsinghua University academic says country is lagging behind the US and calls for more funding for hi-tech firms to boost innovation.
Read moreWhat Elon Musk and Vivek Ramaswamy can learn from China’s reformers
Deng Xiaoping and Zhu Rongji’s radical reforms resulted in a leaner government and more dynamic economy: the exact goals of the Musk-Ramaswamy plan.
Read moreReporter’s note: How a mall in Mexico became a flashpoint in US-China rivalry
The fierce economic competition between the US and China has had many casualties - even a shopping centre in the heart of Mexico City.
Read moreChina’s annual growth on track to hit target of around 5%, senior official suggests
Country is going to achieve major goals this year, an economic forum in Beijing told.
Read moreChina aims to heal wounds of industrial ‘involution’ as officials vow to stem bloodletting
Beijing intends to rectify ‘neijuan-style’ competition that has caused overcapacity concerns and taken a toll on profits, especially in new-energy sector.
Read moreSouth Korean businesses based in China eye Trump tariffs nervously
Relocating operations or restructuring supply chains remain costly and complex challenges.
Read moreIce, snow economy eyed to heat up northeastern Chinese province with tourist influx
Jilin province plans to attract 230 million tourists and generate 420 billion yuan (US$57.7 billion) in revenue by 2027-28.
Read moreChina ups the ante on humanoid robotic innovation, applications to boost economy
Hangzhou, Chongqing and Nanjing, plus a part of the southwestern Sichuan province, release robotics policies to accelerate innovation.
Read moreBold and bountiful: China’s newest investment buzzword encourages risky capital plays
Concept of ‘bold capital’ has emerged amid national efforts to improve policy environment for investors that both encourages and forgives their attempts.
Read moreChinese EV maker Nio takes aim at foreign luxury marques BMW, Audi with new sedan
The ET9, which Nio expects to start delivering in March, is priced at 800,000 yuan (US$110,080) in presale.
Read moreChina busy bolstering other trade ties amid tensions with US, EU
Ministry of Commerce officials were active on a number of fronts early this week.
Read moreChina still ‘open’ to trade engagement with Trump despite tariff threats
Even as the risk of another trade war looms as Donald Trump prepares for his second term, China stresses ‘dialogue and coordination’ with US.
Read moreMeet Karol G, Colombia's Taylor Swift
The Colombian singer is the world's most-watched artist when it comes to streamed videos.
Read moreWhat is rage-baiting and why is it profitable?
Called rage-baiting, making people angry with social media posts can be a business.
Read moreHit by blackouts, Cuba’s tourism industry now braces for Trump
Cuba's hotels, already hit by power cuts, are now worried about Donald Trump's re-election.
Read moreIs AI any good at choosing gifts?
With vast amounts of data do draw on, AI should be able to come up with good gift ideas, but does it?
Read moreSweden’s ‘soft girl’ trend that celebrates women quitting work
Sweden has a reputation for strong gender equality, but some young women are giving up their jobs.
Read moreWhy is vintage audio equipment booming?
Music lovers are buying up old cassette, CD and record players and getting them fixed.
Read moreWhy are doctors wary of wearables?
Wearable tech claims to help monitor our health, but many doctors remain sceptical.
Read moreShould you pay more for parking if you have a big car?
Some councils are considering charging owners of larger vehicles more for parking permits.
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