Cumulative profits at major industrial firms climbed 3% in April, brushing off the impact from prohibitive U.S. tariffs and persistent deflationary pressures.
China’s Soft Spot in Trade War With Trump: Risk of Huge Job Loss
A chronic housing slowdown and high youth unemployment rate have made China more vulnerable than it was in President Trump’s first term.
Exclusive: China regulator summons automakers to discuss ‘zero-mileage’ used car sales
China's commerce ministry will meet industry bodies and automakers including BYD and Dongfeng Motor to discuss increasing sales of "used cars" that were never driven, a person with direct knowledge of ...
Kuwait: BJP MP Baijayant Panda says India will retaliate strongly against terrorism from Pakistan
BJP MP Baijayant Panda said that India is taking economic steps to pressurise Pakistan into ending terrorism on its soil and these measures include restrictions on trade, shipping, water, and visas.
China’s industrial profits rise 3% in April after output beat estimates despite U.S. tariffs
Cumulative profits at major industrial firms climbed 3% in April, brushing off the impact from prohibitive U.S. tariffs and persistent deflationary pressures.
China accuses Taiwan of cyberattack on tech company
Chinese public security authorities in the city of Guangzhou have attributed a cyberattack on an unnamed technology company to the Taiwan government, a statement showed on Tuesday.
China’s industrial profits rise 1.4% in January-April
BEIJING (Reuters) -Profits at China's industrial firms expanded 1.4% in the first four months of 2025 from the same period last year, official data showed on Tuesday, following a 0.8% gain in the ...
China Turns to Consumers to Boost Growth, but Households Are Wary
Beijing has offered incentives to prod shoppers to spend more, but leader Xi Jinping is reluctant to push a bigger shift away from manufacturing.
China’s Longi Shuffles Leadership as Solar Losses Deepen
The founder of one of China’s biggest solar manufacturers, Longi Green Energy Technology Co., will resign from his role overseeing day-to-day operations, as deepening losses plague the company and its ...
LOLC Finance posts record Rs.25bn profit
LOLC Finance PLC set a new benchmark in the non-bank financial institution (NBFI) sector by reporting an outstanding profit after tax of Rs.25 billion for the financial year ending March 31, 2025. ..