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China

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China's passenger car sales rise for third straight month in April
Chinese passenger car sales rise for a third month in April

SHENZHEN, China: China's passenger car sales climbed for the third consecutive month in April, increasing 14.8 percent from a year...

April exports in Taiwan surge ahead of possible US tariffs
Taiwan April exports jump 30% ahead of US tariffs

TAIPEI, Taiwan: Taiwan's exports grew much more than expected in April, as buyers rushed to purchase its high-tech products before...

Microsoft bans Chinese AI app Deepseek over data security fears
Microsoft denies its employees use of China's Deepseek

REDMOND, Washington: Microsoft has prohibited its employees from using Deepseek, a Chinese artificial intelligence app, citing concerns...

Toyota warns of 21% profit drop amid Trump tariffs, weak dollar
Toyota sees 21% full-year profit decline as tariffs take a bite

TOKYO, Japan: Toyota Motor Corp is bracing for a 21 percent decline in full-year profit, as the impact of President Donald Trump's...

US and China officials to hold key trade talks in Switzerland
US, China holding ice-breaker trade talks in Geneva on Saturday

WASHINGTON/BEIJING: U.S. Treasury Secretary Scott Bessent and lead trade negotiator Jamieson Greer are meeting China's top economic...

Update: Xi replies to founder of Danish Chamber of Commerce in China
Update: Xi replies to founder of Danish Chamber of Commerce in China

BEIJING, May 15 (Xinhua) -- Chinese President Xi Jinping has replied to a letter from the founder of the Danish Chamber of Commerce...

Business

Section
China's passenger car sales rise for third straight month in April
Chinese passenger car sales rise for a third month in April

SHENZHEN, China: China's passenger car sales climbed for the third consecutive month in April, increasing 14.8 percent from a year...

Dow disappoints but broader U.S. markets advance
Mixed day on Wall Street but Nasdaq Composite surges 137 points

NEW YORK, New York - U.S. stocks were bought up on the Nasdaq Composite and Standard and Poor's 500 while the Dow Jones industrial...

US worker productivity falls, pushing labor costs higher
U.S. worker productivity declines in first quarter

WASHINGTON, D.C.: U.S. worker productivity fell in the first quarter of the year for the first time in nearly three years, leading...

Taiwan’s China Airlines orders 14 Boeing 777X jets
Taiwan's China Airlines orders 14 Boeing 777X planes

TAIPEI, Taiwan: Taiwan's China Airlines has placed an order for 14 Boeing 777X wide-body aircraft, consisting of 10 777-9 passenger...

Citgo posts $82 million Q1 Loss, reversing last year’s $410M profit
Citgo posts $82 million loss in Q1 amid weak margins

HOUSTON, Texas: Citgo Petroleum, the Houston-based refiner owned by Venezuela, posted a net loss of US$82 million for the first quarter,...

April exports in Taiwan surge ahead of possible US tariffs
Taiwan April exports jump 30% ahead of US tariffs

TAIPEI, Taiwan: Taiwan's exports grew much more than expected in April, as buyers rushed to purchase its high-tech products before...