Alibaba shares fall 5% in premarket trading after posting 86% profit drop
Alibaba said it is working on a rival to ChatGPT, the artificial intelligence chatbot that has caused excitement across the ...
Tag: Breaking News: Asia
SoftBank Vision Fund posts first annual gain in 3 years, up $4.6 billion
SoftBank's Vision Fund, the brainchild of the company's founder Masayoshi Son, has faced a number of headwinds including a slump ...
HSBC beats expectations in first quarter earnings; CEO Noel Quinn to retire
The HSBC Holding logo is being displayed on a smartphone with HSBC visible in the background in this photo illustration ...
Yellen says U.S. plans to ‘underscore’ need for China to shift policy
U.S. Treasury Secretary Janet Yellen attends a press conference at U.S. Ambassador's residence in Beijing on April 8, 2024.Pedro Pardo ...
Xiaomi shares pop 16% after the Chinese smartphone maker launches its first EV
A Xiaomi SU7 electric sedan is seen displayed at a regional HQ of Xiaomi in Nanjing in east China's Jiangsu ...
China kicks off the year on strong note as retail, industrial data tops expectations
High-rise residential and commercial buildings are being constructed near Dongyu Road, Qiantan, in the Pudong New Area of Shanghai, China, ...
China’s annual parliamentary meeting has ended. Here are the key takeaways
A soldier in front of the Great Hall of the People on March 11, 2024, the closing day of the ...
China’s central bank governor says there’s room to cut banks’ reserve requirements
China's central bank governor said there was room to further cut banks' reserve requirements, and pledged to utilize monetary policy ...
China’s top securities regulator vows to ‘strictly’ crack down on market manipulators
A securities business hall in Fuyang, China, in December 2023.Costfoto | Nurphoto | Getty ImagesBEIJING — China's top securities regulator ...
HSBC posts record annual profit but misses estimates on China write-down, shares tumble 7%
Customers use automated teller machines (ATM) at an HSBC Holdings Plc bank branch at night in Hong Kong, China, on ...
