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China's Xiaohongshu carves out a niche in an increasingly crowded e-commerce market
South China Morning Post via Yahoo Singapore Finance· 17 hours agoChinese social media platform Xiaohongshu, the Instagram-style app where young consumers to share lifestyle tips, is seeking to become a new force in the country's crowded e-commerce market ...
Chinese AI start-up Baichuan raises US$700 million from Alibaba, Tencent, Xiaomi
South China Morning Post via Yahoo Singapore Finance· 4 days agoBaichuan AI, one of China's four so-called artificial intelligence (AI) tigers, raised about 5 billion yuan (US$687.6 million) in a new funding round that valued the start-up ...
Foxconn to invest $138 million for new business headquarters in China
Reuters via Yahoo News Singapore· 5 days agoBEIJING (Reuters) -Taiwan's Foxconn, the world's largest contract electronics maker and Apple's...
ByteDance-owned Douyin said to miss first-half e-commerce sales goal amid weak consumption
South China Morning Post via Yahoo Singapore Finance· 4 days agoByteDance-owned Douyin, the Chinese version of global hit short video platform TikTok, missed its...
Shanghai launches $13.8 billion in funds to boost integrated circuit, biomedicine, AI sectors
Reuters via Yahoo Singapore Finance· 3 days agoBEIJING (Reuters) - China's commercial hub Shanghai on Friday announced 100 billion yuan ($13.79...
Chinese self-driving start-ups pursue IPOs in Hong Kong as commercial roll-out gathers pace
South China Morning Post via Yahoo Singapore Finance· 5 days agoChinese self-driving start-ups are rushing to float shares in Hong Kong and other markets, seeking...
EMERGING MARKETS-Currencies linger, stocks drift lower ahead of US PCE data
Reuters SG via Yahoo Singapore Finance· 5 days ago* U.S. PCE, GDP data awaited * China's yuan, stocks pare early losses * Thai baht edges higher; rupiah, ringgit slip * Markets in Taiwan closed due to typhoon By Sameer Manekar ...
China cuts 1-year benchmark rate and doubles subsidies for EVs in its 'cash for clunkers' program
Associated Press Finance via Yahoo Singapore Finance· 4 days agoChina ratcheted up its effort to reinvigorate its slowing economy Thursday by unexpectedly cutting a...
EMERGING MARKETS-S.Korean won, Japanese yen lead gains among steady Asian FX
Reuters SG via Yahoo Singapore Finance· 6 days ago... dlr 32.820 32.848 +0.09 Korean won 1384.600 1388.2 +0.26 Baht 36.270 36.28 +0.03 Peso 58.410 58.385 -0.04 Rupiah 16205.000 16215 +0.06 Rupee 83.658 83.6575 0.00 Ringgit 4.677 4.678 +0.02 Yuan 7.274 7.2736 0.00 Change so far in 2024 Currency Latest bid End 2023 Pct Move Japan yen 156.680 141.060...
EMERGING MARKETS-Currencies linger, stocks drift lower ahead of US PCE data
Reuters SG via Yahoo Singapore Finance· 5 days ago(.) * U.S. PCE, GDP data awaited * China's yuan, stocks pare early losses * Thai baht edges higher; rupiah, ringgit slip * Markets in Taiwan closed due to typhoon By Sameer ...
