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China

Section
China's factory activity shrinks at fastest pace in over a year
China's factory activity falls sharply as Trump tariffs bite

BEIJING, China: China's manufacturing sector lost steam in April, with activity shrinking at the fastest pace in over a year, as new...

Hong Kong home prices fall for fourth month despite stimulus
Hong Kong home prices fall for fourth month in March

HONG KONG: Hong Kong's housing market continued to lose ground in March, with home prices falling for a fourth straight month despite...

China’s top airlines report deeper Q1 losses amid trade tensions
China's largest airlines see losses in Q1 from competition, US tariffs

BEIJING, China: China's top airlines are still grounded in red ink, reporting steeper losses for the first quarter as they battle fierce...

UPS to cut 20,000 jobs, close facilities amid Amazon slowdown
UPS to cut 20,000 jobs on reduced Amazon deliveries as tariffs weigh

ATLANTA, Georgia: United Parcel Service is cutting 20,000 jobs and closing dozens of facilities, marking one of its biggest shakeups...

Huawei targets Nvidia with new AI chip in tech showdown
WSJ: China's Huawei develops new AI chip, seeking to match Nvidia

BEIJING, China: China's Huawei Technologies is stepping up efforts to challenge U.S. dominance in artificial intelligence hardware,...

Carmakers boost long-range hybrid production in China
Automakers rush to meet surging China demand for long-range hybrids

SHANGHAI, China: Carmakers are stepping up their efforts to meet booming demand for long-range hybrids in China, the world's largest...

Business

Section
Amazon expands rural delivery network by investing $4 billion
Amazon to invest $4 billion to expand rural delivery network in US

SEATTLE, Washington: Amazon.com is ramping up its delivery game in rural America, announcing a US$4 billion investment to grow its...

Starbucks boosts staffing, slows automation push
Starbucks to beef up store staffing, go slow on automation rollout

SEATTLE, Washington: Starbucks is shifting course on its store strategy—putting people ahead of machines. The coffee giant announced...

China's factory activity shrinks at fastest pace in over a year
China's factory activity falls sharply as Trump tariffs bite

BEIJING, China: China's manufacturing sector lost steam in April, with activity shrinking at the fastest pace in over a year, as new...

Australia inflation hits 3-year low, boosting rate cut hopes
Australia's core inflation slows to 3-year low in Q1

SYDNEY, Australia: A key measure of inflation in Australia has cooled to its lowest level in three years, lending weight to expectations...

Ireland’s unemployment dips to 4.1% in April
Ireland's monthly unemployment rate drops to 4.1% in April

DUBLIN, Ireland: April 2025 saw a slight improvement in the labor market, with the seasonally adjusted unemployment rate dropping to...

UK grocery prices rise 3.8 percent in April, adding to consumer pressure
UK grocery inflation edges up to 3.8 percent in April, says report

LONDON, U.K.: Grocery prices in the UK rose by 3.8 percent in April, slightly higher than last month's 3.5 percent, adding more pressure...