Browsing Tag
China
665 posts
BOSS Zhipin revenue rises 14% as KANZHUN margins expand and AI recruitment investment accelerates
KANZHUN revenue rose 14% as BOSS Zhipin users topped 70M, operating profit jumped 33% and the company declared a $230M dividend.
Chang’e-7 launch delayed as China says Moon mission fails to meet launch conditions
China says Chang’e-7 cannot launch during its planned 2026 window after mission assessments found that required launch conditions had not been met.
US launches economic offensive against Iran as Tehran’s rial crashes to record low
US expands Iran sanctions across five sectors as Tehran’s rial hits a record low and Washington threatens foreign trade partners with penalties.
PDD holds 25% operating margin as Temu faces tougher U.S. and European trade rules
PDD revenue rose 8% to RMB112.4B while profit fell 12% as Temu and Pinduoduo increased merchant, technology and global compliance spending.
Sembcorp (SGX: U96) profit drops 25%, but Alinta lifts pro forma H1 earnings to S$558m
Sembcorp Industries’ underlying H1 profit fell to S$369 million, but pro forma earnings including Alinta reached S$558 million and management expects a stronger second half.
Lai Ching-te invokes 1958 Taiwan Strait battle as defence budget passes NT$1tn
President Lai Ching-te used the anniversary of the 1958 Taiwan Strait crisis to defend record military spending while renewing his offer of dialogue with Beijing.
Tesla faces 2.98 million-vehicle China recall as door-handle safety crackdown hits EV industry
Tesla accounts for nearly 2.98 million vehicles in China's record recall over emergency door-access concerns, while regulators are tightening rules on concealed EV handles.
MV Ocean Winner sinks off Odisha as 22 crew remain missing in Bay of Bengal
Indian maritime authorities are searching for 22 missing crew members after the Panama-flagged Ocean Winner sank while carrying iron ore from Paradip to Singapore.
ZKH Group (NYSE: ZKH) posts first operating profit as GMV jumps 19%
Revenue rose 12.8% and gross margin widened to 17.6%, but the Chinese industrial procurement platform still used RMB122.4 million of operating cash.
KE Holdings profit doubles as margin surge offsets 6% revenue decline in China housing market
KE Holdings profit doubled despite a 6% revenue decline as Beike’s margins surged and housing transaction value returned to growth.