Browsing Tag
China
665 posts
Nike forecasts high-single-digit sales decline as $2.5bn restructuring deepens
Nike's fiscal 2027 outlook disappointed investors after first-quarter revenue fell 4%, Greater China deteriorated further and management warned that repairing Sportswear, Jordan Brand and distribution will take multiple seasons.
Why Novartis is paying $575m upfront for an mRNA immune-reset bet worth up to $7.8bn
Novartis has agreed to license Abogen Biosciences’ mRNA-encoded T-cell engager ABO2203 and secure options over additional RNA programs, committing $575 million upfront while leaving most of the headline $7.8 billion value contingent on future development, regulatory and commercial milestones.
China factory activity returns to growth as AI boom lifts September manufacturing PMI
China’s manufacturing PMI rose to 50.1 in September, ending two months of contraction as easing weather disruption and AI-related demand supported factories.
Hong Kong launches eight ETFs as Chinese investors seek South Korean chips and US technology exposure
Eight new ETFs have debuted in Hong Kong offering exposure to Korean chipmakers, US technology shares and Malaysian stocks as mainland demand for foreign assets rises.
US and China unveil $60bn tariff relief package after Trump-Xi summit
The US and China unveiled $60 billion in tariff relief, but chips, EVs and soybeans remain contentious. See what the new trade deal really changes.
Yangzijiang Maritime orders 24 ships as newbuild portfolio reaches 98 vessels
Yangzijiang Maritime Development has ordered 24 vessels and secured options for another 16, taking its newbuild portfolio to 98 ships as the Singapore-listed maritime investment group expands across bulk carriers, product tankers, chemical tankers and VLCCs while retaining the ability to charter or resell assets.
US-China deal delivers $30bn tariff cuts and new AI safety channel after Xi visit
China and the United States have agreed to reciprocal tariff cuts worth $30 billion each and created a new bilateral channel for major AI incidents.
US-China AI rivalry expands globally as countries weigh competing technology ecosystems
The US and China are exporting rival AI ecosystems worldwide. See why many countries are mixing American chips with Chinese open models.
Taiwan deploys larger patrol vessels around Pratas Islands as Chinese activity increases
Taiwan has stationed a new patrol vessel at the remote Pratas Islands and is regularly sending larger ships as Chinese maritime activity increases nearby.
Chinese intelligence support may be sharpening Iran attacks on US forces across Middle East
Chinese-linked intelligence may be helping Iran strike US forces with greater precision. Find out how satellite data is changing the Middle East war.