China banks pressured by rising loan losses, low margins
China’s mega banks are under pressure from rising allowances for loan losses and a continued margin erosion in their mission to support the world’s second-largest economy. The lenders, led…
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China’s mega banks are under pressure from rising allowances for loan losses and a continued margin erosion in their mission to support the world’s second-largest economy. The lenders, led…
China electric vehicle (EV) brands are making fast and furious sales in the Asia-Pacific, but Japanese carmaker Suzuki is not going head-to-head with them. Recognising that the EV wave is…
Silver Lion winner Cai Shangjun is back at the Venice Film Festival with competition title “The Sun Rises on Us All,” a restrained drama about guilt, complicity and the elusive possibility…
THE United States is making it more difficult for chipmakers Samsung and SK Hynix to produce chips in China by revoking authorisations that allowed the companies to receive American…
With no signs of immediate recovery — despite a recent stock market rally — luxury and fashion brands have continued to hold back on localized campaigns in China. That meant this year’s…
A visit by a pair of U.S. senators to Taiwan has drawn criticism from China, which claims the island as its own and objects to any contact between officials of the two sides. The pair's…
Fast fashion brand Forever 21 is making its fourth run at the Chinese market, having previously entered and exited the world’s second-largest economy three times since 2008. Also in the…
ALL IN THE FAMILY: Givenchy has appointed Zhang Ruonan its brand ambassador in China, effective immediately. The prominent actress teased her fashion partnership by attending Sarah…
Celebrating China‘s Valentine’s Day Qixi with groovy tunes, Valentino has linked up with Taiwanese pop icon Jolin Cai on a music video for “Pillow,” a dreamy pop single from her latest…
Nike is doubling down on the Chinese market by teaming up with designers with strong local resonance. The brand’s latest collaborator is Susan Fang, a Shanghai-based Canadian Chinese…
Property developer GuocoLand posted a 48 per cent drop in net profit to S$32.4 million for its half year ended Jun 30, from S$62.4 million in the corresponding period a year ago. This…
And that requires swallowing our pride here, right? Like we actually need to learn from China, even though US politicians don’t want to admit that. Yes. I think that we should all swallow…
A NEW China-buys-China narrative is taking shape as Beijing steps up its tech rivalry with the US. The world’s second-largest economy not only wants to build generative AI models, but…
China is prepared to provide Malaysia technical and technological assistance in rare earths processing, though it has asked for any cooperation to involve only state-linked companies,…
[SINGAPORE/HONG KONG] The property investment arm of Chinese e-commerce giant JD.Com and two other firms plan to launch a Singapore-based real estate investment trust (Reit) with assets…
“Sure, but there aren’t that many of them,” Trump said. “If you look at the top twenty-five cities for crime, just about every one of those cities is run by Democrats.” In Newsweek’s…
Nvidia’s business in China will be the focus of investors when the AI chipmaker reports earnings on Wednesday, following an unusual deal with the Trump administration and Beijing’s…
Logistics company GLP said on Tuesday (Aug 26) it had secured an investment of 2.5 billion yuan (S$449.5 million) from Zhejiang government-backed investors to expand its China…
China will accelerate the expansion of its carbon market to incorporate major industries by 2027, according to guidelines issued by top policymakers. By 2030, China hopes to have in place…
iQiYi Pictures’ thriller “The Shadow’s Edge” climbed to the top of the Chinese box office in its second weekend with RMB182.9 million ($25.4 million), according to Artisan Gateway. The…
The prospect of new tariff hikes continues to threaten the global furniture industry. Late Friday, U.S. President Donald Trump said on Truth Social that his team has launched an…
State action lowered the birth rate in China, but it won’t be able to raise it — and might, in fact, shrink it even more. Source link
The technology allows drivers to use voice commands to control navigation apps, in-car entertainment and cabin temperature, as well as receive news updates Tesla plans to…
China has been expanding the use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world’s second-largest economy and challenge the…