China says Philippine ‘provocations’ cause of South China Sea tensions
BEIJING: China on Thursday (March 28) blamed Philippine actions for recent rising tension between the two sides in the hotly…
China lifts punitive tariffs on Australian wine
BEIJING: China said Thursday (March 28) it would lift punitive tariffs on Australian wine, reopening a billion-dollar market as ties…
Shanghai continues boosting advanced industries
While three future industrial pilot zones begin taking shape in the city, Shanghai has been in consistent progress to build…
Retail investors host meme stock party
The retail investing crowd is back in the throes of a meme stock mania as encouraging messaging from the Federal…
Hershey hit with downgrade as cocoa prices touch record
Hershey Co was downgraded at BNP Paribas Exane to “neutral” from “outperform” on Tuesday, citing the recent surge in cocoa…
Visa, Mastercard reach US$30bil card fee deal
Visa and Mastercard reached an estimated US$30bil settlement to limit credit and debit card fees for merchants, with some savings…
GameStop cuts jobs to reduce costs amid sales decline
Videogame retailer GameStop says it has cut an unspecified number of jobs to reduce costs and reported lower fourth quarter…
Expensive US chip stocks at risk of sell-off
The artificial intelligence (AI) furore gripping the stock market has the shares of chipmakers like Nvidia Corp soaring, making them…
State power company enables green energy revolution in Suzhou
Due to decades of coal mining, the land across Suzhou in Anhui province has been left with many mining pits.