China
Trade war: Fresh Chinese tariffs dim hopes for near-term resolution
The trade standoff between Washington and Beijing seems to be escalating into an intense economic warfare. The immediate effect of…
Tesla and BMW are not rivals, but role models to each other
During the second quarter earnings conference call on Wednesday, Tesla (TSLA) chief Elon Musk confronted a tricky question – whether…
GE employee steals confidential files, hides them in a picture of sunset
General Electric Company (GE) received a rude shock after one of its employees was arrested for stealing confidential information. Chinese-American…
Oil price: Uncertainties rife in the long-term
Oil prices saw an initial drop before steadying on Friday while long-term factors point to further pressures in the market.…
Google seems to be sitting on an ethical seesaw
Alphabet Inc. (GOOGL) unit Google is looking to re-enter China and reportedly has plans to launch a search engine in…
Tyson Foods shares plunge after profit outlook cut, blames Trump’s Tariffs
Tyson Foods (TSN) cut its annual profit forecast, blaming the uncertainty surrounding the brewing trade war as well as volatility…
Loyalty members, sales push Starbucks profit higher in Q3
Coffee-shop chain Starbucks posted third-quarter earnings on Thursday, with net revenue jumping 11% to a record $6.3 billion. Profit was…
China’s trade surplus with US hits all-time high as tariffs backfire
When the trade standoff between the world’s largest economies intensified in recent weeks, market watchers had cautioned that a further…
ZTE gets help from US government to end export ban
The US Commerce Department signed an agreement with ZTE Corp. that will help ease the restrictions on the Chinese firm…
Will US stocks fall further in April?
Stocks had kicked off the second quarter in red as fears peaked on global trade wars. Last month, the markets…
Walmart opens small supermarket store in China
When we talk about the international story of discount retailer Walmart (WMT), the journey had both ups and downs. The…
Tit-for-tat response from Beijing sets the stage for full-blown trade war
Though it was widely expected, China’s decision to impose trade tariffs on US products has triggered concerns that the international…
Alibaba digests Chinese food delivery platform Ele.me
Marking yet another huge deal, Alibaba Group (BABA) said it would take over food delivery app Ele.me for an estimated…
Alibaba continues to invest in Southeast Asia
Chinese e-commerce giant Alibaba’s (BABA) investment in Southeast Asia takes another leap. The tech giant, which is planning for a…
Uber sells Southeast Asia business to Grab
Uber has agreed to sell its Southeast Asian operations to Singapore-based competitor Grab, signaling its departure from a key market.…
Baidu’s iQiyi plans for IPO
Nasdaq’s President Nelson Griggs predicted that the year 2018 will be a good year for IPOs. And the first three…