The average forecast for China's real gross domestic product (GDP) growth in 2023 is 5%. That's down 0.5 percentage points from the previous survey three months ago. Some economic indicators are showi ...

Eu antitrust regulators have not opened a formal investigation into chips used in artificial intelligence, the European Commission said. A few days ago, the French competition authority searched for N ...

A small Filipino crew has a dangerous mission: They are to sail to a disputed coral atoll in the South China Sea, cut through a floating barrier used to block Philippine fishing boats and leave before ...

China's lottery sales surged to their highest level this year in August, reaching 52.96 billion yuan ($7.25 billion), up 53.6 percent from a year earlier, amid public concerns about the country's slug ...

In a recent survey of 100 Japanese entrepreneurs, more than 60 percent of the respondents said the risk of doing business in China is rising. Fears of a property bubble bursting are growing louder. As ...

In June, Ford Motor Co. (F) CEO Jim Farley briefed visiting members of Congress on the company's plans to build a $3.5 billion battery plant. He believes that using Chinese battery technology at the M ...

Pet products retailer Petco (WOOF) borrowed $1.7 billion two years ago at an interest rate of about 3.5%. Now its interest rate is close to 9%. Petco's interest costs soared to nearly a quarter of it ...

Most business leaders will never make an international incident in their lifetime. Elon Musk did it twice this September. Days later, after Musk's Taiwan-related comments drew fire from Taiwan, where ...

The diet drug boom has added hundreds of billions of dollars to the combined market value of Eli Lilly (LLY) and Novo Nordisk (NVO). Although the fat revenue generated by diet drugs is obvious, the va ...

In recent months, Saudi Arabia and Russia have easily earned billions of dollars more in oil revenue despite lower production after their decisions to cut production sent crude prices through the roof ...

Mark Zuckerberg really has to pray that growth in Facebook's advertising business doesn't slow down again. The co-founder and CEO of Meta Platforms (META) took the stage at the company's Silicon Vall ...

For the first time in six months, U.S. investors are in a state of "extreme Fear," according to the widely cited Cable News Network's Fear and Greed index. For the first time since March 15, the index ...

Russia, one of the world's largest oil exporters, is suddenly facing fuel shortages at home. The shortage has sparked tensions between the Kremlin and Russia's Oil companies, including the firing of s ...

China's huge real estate bubble has burst, but despite a prolonged downturn in the property market, prices have not fallen significantly. This is partly because many Chinese cities have imposed strict ...

Facebook parent Meta Platforms Inc. (META) on Wednesday announced release dates for its upcoming Quest 3 virtual reality headset and new Ray-Ban smart glasses, as well as a range of artificial intelli ...

Profits at industrial companies rose 17.2 per cent in August from a year earlier, the first positive month for industrial companies since the second half of last year, according to data released by th ...

Us and European oil and gas companies are tightening their investment spending, making it easier for Saudi Arabia and Russia to fund their political campaigns. the Saudi-led Organization of the Petrol ...

After FTX's collapse, the cryptocurrency market seemed to be dominated by Binance, the world's largest cryptocurrency exchange. However, less than a year later, Binance also ran into trouble. Binance' ...

A new survey finds that it has become much harder for American companies to make money in the Chinese market. According to a survey of member companies by the US-China Business Council, rising bilater ...

The 2024 presidential election is the first since the United States woke up to a double shock from China. China has shrugged off the hand of "engagement" extended by the United States and become our n ...