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Haier debuts three-drum ‘lazybones’ washing machine that handles multiple loads at once

Chinese household appliance giant Haier has introduced a front-loading washing machine capable of handling three separate loads simultaneously, a feature…

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New Business

Hong Kong stocks fall for fourth day as Trump tariffs stoke trade tensions

Hong Kong stocks declined for a fourth day as worries about global trade wars pushed some markets close to a…

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New Business

Hong Kong stocks slip with Asian markets, Nasdaq on heightened recession risks

Hong Kong stocks slid for a third straight day, tracking losses in major Asian markets, amid concerns rising tensions in…

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New Business

China strives to end vicious price wars plaguing several industries

China’s market regulator has convened a meeting with leading solar, automotive and technology companies to address the vicious cycle of…

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New Business

Hong Kong stocks snap 2-day drop as investors return to tech firms following US sell-offs

Hong Kong stocks rose to halt a two-day decline as a correction for the largest US tech firms turned investor…

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New Business

China’s Ele.me joins Meituan, JD.com in vowing welfare coverage for armies of riders

In quick succession, three major online platforms in China – JD.com, Meituan and Ele.me – have unveiled plans to provide…

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New Business

Bridgewater reports mixed returns after pruning Alibaba, adding bets on Li Auto, Baidu

Bridgewater Associates trimmed most of its holdings in US-listed Chinese stocks last quarter, including bets on Alibaba Group Holding and…

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New Business

Hong Kong stocks gain after US reversal on package ban

Hong Kong stocks rose on Thursday, following gains in the US as traders navigated nonstop news around the trade battle…

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New Business

Hong Kong stocks jump on AI theme, hope for US-China tariff reprieve

Hong Kong stocks advanced on Tuesday, with investors boosting artificial-intelligence (AI) firms amid optimism that trade negotiations are taking place…

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New Business

JD.com launches gifting feature to compete with Alibaba, Tencent ahead of Lunar New Year

Chinese e-commerce platform operator JD.com on Friday introduced a gifting feature on its mobile app, joining rival Alibaba Group Holding…

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