Chinese tech giant Alibaba’s quarterly profit shrinks 29 percent
Beijing (AFP) - Chinese e-commerce giant Alibaba reported a 29 percent fall in quarterly profit on Thursday as it battles ...
Monday, April 28, 2025
Tag: China
China’s underwhelming data dampens hope of economic recovery
Beijing (AFP) - Chinese industrial production growth slowed in July while unemployment rose, official data showed Thursday, highlighting an uneven ...
E-commerce tycoon Huang tops China’s rich list
Beijing (AFP) - E-commerce tycoon Colin Huang has become China's richest man, an index showed Friday, capping an ascent for ...
Chile’s largest steelmaker suspends production, blames China
Santiago (AFP) - Chile's largest steel plant announced on Wednesday that it had suspended operations because it could not sustain ...
P&G eyes overall sales growth despite China weakness
New York (AFP) - Procter & Gamble projected revenue growth over the next 12 months as the consumer products giant ...
Chinese leaders pledge further support for flagging economy
Beijing (AFP) - President Xi Jinping and other Chinese leaders stressed the need for further reform to support economic activity ...
Nissan shares plunge after profit warning
Tokyo (AFP) - Nissan tumbled more than 10 percent on Thursday after the Japanese automaker issued a profit warning, citing ...
French luxury giant LVMH half-year net profit drops 14%
Paris (AFP) - The world's largest luxury group, LVMH, said Tuesday its half-year net profit slid 14 percent amid an ...
China central bank says cuts two key rates to support economy
Beijing (AFP) - China's central bank on Monday cut two benchmark interest rates in a bid to boost lagging growth ...
Asian markets drop as Biden drops out of White House race
Hong Kong (AFP) - Asian markets fell Monday as Joe Biden's decision to drop out of the US presidential race ...
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