Browsing: Bloomberg
A group representing Cargill and Archer-Daniels-Midland pushes a surprising target for the next set of U.S. tariff hikes: used cooking oil from China
As President Joe Biden prepares a new wave of tariffs against China, a U.S. soybean trade group is pushing for…
China is still waiting for its ‘ChatGPT moment’, says AI expert Kai-Fu Lee: ‘For Americans, the moment happened 17 months ago’
The Beijing startup founded by technology pioneer Kai-Fu Lee is introducing its first artificial-intelligence application for consumers, a step aimed…
South Korea’s president is establishing a new ministry to boost the country’s birth rate, the world’s lowest, after a bruising election loss
South Korean President Yoon Suk Yeol issued his first apology over his wife receiving a luxury handbag under questionable circumstances,…
Tesla sends its former Asia head back to China as sales of its Shanghai-made EVs plunged 18% in April
Tesla Inc. is sending executive Tom Zhu back to China, where he led the carmaker’s entry into the country, the…
HSBC CEO Noel Quinn, who pivoted Europe’s largest bank back towards Asia, unexpectedly steps down
HSBC Holdings Plc’s Chief Executive Officer Noel Quinn is unexpectedly stepping down after nearly 5 years in the job, triggering…
Chinese medical devices are the latest goods to be targeted by the EU, following probes into China-made EVs, wind turbines and solar panels
The European Union launched an investigation into China’s procurement of medical devices, the latest in a spate of actions that…
Chinese suppliers shrug off U.S. tariff threats as customers flock to their cheap goods: ‘Even a 50% tariff won’t come close to driving them away’
China can withstand any new tariffs the world throws at it—even the punitive ones Donald Trump is planning if he…
Hong Kong’s bankers can earn 70% more than their peers in Singapore—and that’s putting them at risk of layoffs
Hong Kong investment bankers could face more job cuts as the slowdown in China deals persists and employers look to…
China’s EV price war flares up again after Tesla drops the cost of some models to the lowest point in 5 years
Tesla Inc.’s weekend move to slash prices across its range in China risks triggering a new round in the nation’s bruising price…
Apple removes Meta-owned WhatsApp and Threads from its China app store after Beijing deemed them national security risks
Apple Inc. removed social media services including Meta Platforms Inc.’s WhatsApp and Threads from its Chinese app store, responding to…