Tesla cuts Model S and X prices by over 6% in China
Tesla has cut prices for its existing inventories of its premium Model S and Model X cars in China by as much as 6.9%, it said on Wednesday.
2023-08-17 11:59
Banking glitch allows customers to withdraw money they don't have
A technical fault meant that for several hours Tuesday customers of one of Ireland's biggest banks could withdraw funds they did not have.
2023-08-16 20:28
A Vietnamese electric carmaker is now worth more than Volkswagen and Ford
One of Vietnam's biggest automakers has made a big splash on its entry to Wall Street, pushing its market capitalization above that of industry giants such as Volkswagen and Ford.
2023-08-16 15:21
China's economic activity slows further in July as recovery stalls
China has reported a slew of disappointing economic data showing another month of tepid growth in the world's second largest economy.
2023-08-15 10:53
Taiwan's Foxconn says it sees 'billions' of dollars in India investments
A month after exiting an ambitious project to help build one of India's first chip factories, Taiwan's Foxconn says it remains bullish about the world's most populous nation and is planning "billions" of dollars in investments there, as multinationals seek to diversify their supply chains beyond China.
2023-08-15 09:48
China's Country Garden suspends trading of onshore bonds amid talk of debt restructuring
Country Garden, one of China's top property developers, suspended trading in 11 of its onshore bonds on Monday, adding to speculation the company may be preparing to restructure its debt as it struggles to raise enough cash in time to avoid default.
2023-08-14 15:53
Startup nation no more? Investments plunge as Israel pushes on with judicial overhaul
Almost every weekend for more than 30 weeks, tens of thousands of Israelis have taken to the streets of Tel Aviv to protest against government plans to weaken the judiciary and chip away at the independence of the Supreme Court.
2023-08-11 21:18
Chinese property giant Country Garden flags loss of up to $7.6 billion as it nears default
One of China's biggest property developers says it has burned through up to $7.6 billion in the first half of the year, compounding the crisis coursing through the country's embattled real estate sector.
2023-08-11 14:21
New Zealand plans to require large firms to report gender pay gaps
New Zealand's government plans to compel large businesses to report the state of their gender pay gaps in a bid to increase equity in the workplace, the country's Minister for Women Jan Tinetti announced Friday as the ruling Labour party gears up for an election fight.
2023-08-11 11:53
US investment curbs deal 'major blow' to Chinese startups
New constraints on US investments in advanced technology in China will exacerbate a slump in deals between the world's top two economies and deliver a "major blow" to Chinese startups, analysts and investors told CNN Thursday.
2023-08-10 20:15
The world's biggest law firm is splitting off its business in China
Dentons, the world's biggest law firm by number of employees, is distancing itself from its business in China in response to intensifying regulation in the country.
2023-08-09 18:48
China slips into deflation as consumer prices fall for the first time in more than two years
The Chinese economy has slipped into deflation, with consumer prices falling for the first time in more than two years in another sign of weakening demand.
2023-08-09 17:24