Browsing Tag
China
665 posts
CNOOC H1 profit jumps 23% to record RMB85.8bn as output hits new high
CNOOC Limited delivered record first-half profit and production as higher oil prices combined with rising volumes, while its low production-cost base preserved substantial cash-generation leverage.
Typhoon Saudel hits Zhejiang as China warns nine regions of prolonged flooding
Typhoon Saudel has made landfall in Zhejiang after China issued its highest storm alert, with severe rain expected to spread deep inland across nine regions.
Pernod Ricard (EPA: RI) falls 7.2% as US and China sales slump deepens
Pernod Ricard fell 7% as U.S. and China sales slumped. Can India growth, €1bn of savings and stronger cash flow revive RI?
Prudential (LSE: PRU) slips as $1.5bn buyback meets China growth risk
Prudential raised H1 new-business profit 8% and its buyback to $1.5bn. Can Hong Kong growth withstand rising China regulatory risk?
Bilibili users reach 117m a day as advertising becomes its largest revenue business
Bilibili Q2 profit jumped 55% as advertising revenue surged 28%, users spent 113 minutes daily and gross margin improved again.
Chinese artist Gao Zhen jailed for three years over satirical Mao sculptures
Chinese artist Gao Zhen has received a three-year prison sentence over politically critical artworks involving Mao Zedong, with rights groups challenging the retrospective use of China’s criminal law.
Li Auto forecasts return to delivery growth as Q2 revenue drops to RMB25.7bn
Li Auto Q2 revenue fell 15% as it posted a RMB1.7B loss, but vehicle margins improved and Q3 guidance points to renewed delivery growth.
Bill Gates says world is underestimating AI disruption as permanent job losses move closer
Bill Gates warns AI could permanently eliminate jobs, amplify security threats and reshape childhood while governments remain dangerously unprepared.
Nepal-China border catastrophe deepens as glacier collapse theory emerges and death toll surges
Nepal-Tibet flash floods kill scores and leave hundreds missing after a suspected glacier collapse devastates villages, roads and a major China border route.
India and China restart boundary push as Doval-Wang talks target lasting settlement
Ajit Doval and Wang Yi have agreed to continue negotiations over the disputed Himalayan boundary as India and China attempt to convert military de-escalation into a more durable political settlement.