Asia Pacific

New Business

Tesla and global carmakers race against Chinese EV rivals at Shanghai import expo

International brands led by Tesla are intensifying their efforts to compete with Chinese electric-vehicle (EV) manufacturers like BYD, as they…

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New Business

As China holds the line in ‘trade war 2.0’, its yuan follows suit

When US President Donald Trump fired the opening salvoes of his country’s trade war with China in his first term,…

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New Business

BYD quarterly profit tumbles as weak China sales offset overseas gains

The Shenzhen-based company said its profit tumbled to 7.8 billion yuan (US$1.1 billion) in the three months ended September, compared…

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New Business

Chinese EV maker BYD’s sales surge in Europe, narrowing gap with market leader Tesla

Chinese electric vehicle (EV) maker BYD recorded surging sales in Europe last month after it launched more models and expanded…

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New Business

Hilton to launch new brands in China as it seeks to expand presence to more than 300 cities

Global hotel chain operator Hilton plans to introduce new brands to mainland China, aiming to meet evolving lifestyle demands amid…

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New Business

As China, Hong Kong property markets stabilise, is it time for investors to quit Japan?

As Japan enters a new era with the likely election of Sanae Takaichi as the first female prime minister of…

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New Business

China’s rare earth export controls have gone global. Can it enforce them?

As more countries begin formulating contingency plans for their stocks of rare earth elements, analysts said China’s tightening control over…

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New Business

China’s property market poised to decline at least through 2026, S&P analyst says

China’s vast property market is expected to continue to decline at least through the next year, according to S&P Global…

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New Business

China’s car dealers feel life-threatening squeeze from price war, e-commerce rivals

Chinese car dealers, once the beneficiaries of the country’s booming automotive market, are facing a bleak future as they fall…

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New Business

New trend among fashion brands: setting up cafes to drive up store traffic

A new trend has emerged in Hong Kong’s commercial property landscape as the retail sector slowly recovers: non-food and beverage…

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