China Slides Into Deflation as Consumer, Producer Prices Decline
China’s consumer and producer prices both declined in July from a year ago, a sign of deflation pressure
2023-08-09 09:59
Alibaba, Tencent’s $66 Billion Party Starts to Fade
China’s largest tech companies Alibaba Group Holding Ltd. and Tencent Holdings Ltd. have gained $66 billion in market
2023-08-09 08:52
Tycoon Who Gave Away $750 Million Sees Profit in Loans to Poor
He built a fortune lending to low-income borrowers shunned by banks. He paid staff below-market wages and thought
2023-08-09 08:26
Indian Debt Collection Startup Raises $50 Million From Accel, Westbridge
Credgenics, an online service that helps banks collect on debt, raised $50 million in a funding round led
2023-08-09 07:52
Hedge Fund Shorts Nio and Honda, Favors Hyundai in Asia EV Race
An Asian hedge fund is shorting some Chinese and Japanese automaker stocks on bets they will lose out
2023-08-09 06:20
Ex-FTX Executive Salame Talking to Prosecutors About Plea Deal
Ryan Salame, the former co-chief executive of FTX Digital Markets, is in negotiations with federal prosecutors to plead
2023-08-09 03:24
Airbnb’s Lawsuit to Block NYC Short-Term Rental Law Is Dismissed
Airbnb Inc.’s challenge to a New York City municipal law requiring hosts to register for an operating license
2023-08-09 02:16
Billionaire Drahi Sees ‘No Impact Whatsoever’ on Altice From Portugal Corruption Probe
French-Israeli billionaire Patrick Drahi says a corruption probe into executives central to his telecommunications empire Altice is having
2023-08-09 01:58
Tesla’s New CFO Now Has Two Jobs and a Lot of Question Marks
Tesla Inc. has a long history of promoting talent from within. Outside hires don’t last for very long
2023-08-08 19:56
TSMC Partners With Infineon, NXP, Bosch to Build German Chip Fab
Taiwan Semiconductor Manufacturing Co. has agreed to build a €10 billion ($11 billion) plant in eastern Germany in
2023-08-08 18:48
China exports see biggest drop for three years
Global demand for Chinese goods has fallen as the cost of living and rising interest rates bite.
2023-08-08 16:15
LNG Japan Agrees $880 Million Deal to Join Giant Gas Project
LNG Japan Corp. agreed a deal worth as much as $880 million for a stake in a giant
2023-08-08 14:56