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BUSINESSOn September 1, former Ukrainian defence minister Mykhailo Fedorov announced that Alex Karp, CEO of artificial intelligence and data analytics firm Palantir Technologies, would become the lead investor in a new defence technology company he is building. This confirmed what Fedorov had only gestured…
BUSINESSChina’s buoyant stock market lifted brokers’ earnings in the first half, while Hong Kong saw continued growth in retirement assets. Beyond China, a strengthening yen and Washington’s Treasury buy-back programme highlighted shifting dynamics in global currency and bond markets. Here are some of the…
BUSINESSAt a market in Bangkok, stallholders say they had no idea initially about a boxy structure covered in gunmetal grey panels that was quickly built and installed opposite their stalls. According to them, nauseating oil began to waft through the area, where a hospital is also located, several months…
BUSINESSYuen Kee Food Group, the owner of well-known restaurant brand Yuen Kee Dumpling, has cleared its listing hearing with the Hong Kong Exchanges and Clearing (HKEX), aiming to raise between HK$300 million (US$38.3 million) and HK$400 million, according to people familiar with the matter. The…
BUSINESSIn the second of our series of previews on the five-year plan and policy address, to be announced on September 16, Elizabeth Cheung and Vivian Au drill down on what’s holding back the Northern Metropolis. Read part one here. For employees of surgical robotics company Yuanhua Tech, travelling…
BUSINESSThis article was first published on September 12, 2001. America’s nightmare by Greg Torode in Washington President George W. Bush this morning (September 12, 2001) told the United States that thousands had lost their lives after two hijacked airliners destroyed New York’s World Trade Centre and…
BUSINESSEnflame Technology, one of the major challengers to Nvidia in China, saw its share price surge 188 per cent in its Shanghai trading debut on Friday, giving the Tencent Holdings-backed artificial intelligence chipmaker a market capitalisation of 176.4 billion yuan (US$26.3 million). The…
BUSINESSForeign carmakers have been slashing the prices of petrol-powered cars they make in China by more than 20 per cent to survive in a cutthroat market amid weakening consumer demand. Last month, big international marques including Volkswagen and Toyota offered average discounts of 23.4 per cent on…
BUSINESSA fraying global economic order could push South Korea and Japan towards deeper trade integration, with business leaders and analysts saying the two neighbours stand to benefit from such a partnership despite lingering historical wounds. The two countries could draw closer as the era of relatively…
BUSINESSAmerican artificial intelligence (AI) giant Anthropic has accused its Chinese AI rivals DeepSeek and Moonshot on Thursday of covertly routing customer requests to its Claude models, then showing users the responses as if they were from their own models. The new allegations mark a further escalation…
BUSINESSBeijing is weighing plans to send a group of top tech, electric vehicle and aerospace executives to accompany Chinese President Xi Jinping to Washington later this month, as the two sides race to finalise details for the closely watched visit. The South China Morning Post first reported on August…
BUSINESSBrazil is a global leader in renewable electricity but demand is growing. In the northeastern state of Paraíba, one of Brazil’s newest large-scale wind projects has been built with financing from the New Development Bank, also known as the BRICS Bank. CGTN's Lucrecia Franco traveled to Paraíba and…
BUSINESSA former vice-president of Hong Kong’s stock exchange operator has been charged by the city’s corruption watchdog with allegedly failing to comply with a statutory order to declare his assets during a probe. Geoffrey Tong Po‑hang, 39, former vice-president of Hong Kong Exchanges and Clearing…
BUSINESSKey witnesses are expected to testify in Chinese tech giant Huawei Technologies’ landmark criminal case on Thursday in Brooklyn, New York, as it enters its second day of testimony. It comes after a US government lawyer told federal jurors on the opening day that Huawei engaged in criminal…
BUSINESSA side event on intellectual property (IP) for overseas expansion was held on Thursday at the 2026 China International Fair for Trade in Services (CIFTIS) in Beijing. Co-hosted by the World Intellectual Property Organization (WIPO) China Office and the Beijing Intellectual Property Office, the…
BUSINESSFrom Spanish ham and Malaysian durians to Nepalese wool felt and African handicrafts, a growing range of overseas products is finding its way into the hands of Chinese consumers. At the imported commodities market of Yiwu International Trade City in east China's Zhejiang Province, some 150,000…
BUSINESSWhy does BRICS matter, and what could closer China-India cooperation mean for the world? Vijay Prashad, Indian historian and executive director of Tricontinental: Institute for Social Research, highlighted the rapid growth of trade among countries in the Global South and its importance to the BRICS…
BUSINESSThis year's Asia-Pacific Economic Cooperation (APEC) CEO Summit will be held on November 17 and 18 in Shenzhen, south China's Guangdong Province, the China Council for the Promotion of International Trade announced on Thursday.
BUSINESSChina's National Development and Reform Commission has held a roundtable with senior executives from more than 60 US companies operating in China. The companies, spanning technology, industry and consumer goods, discussed the business environment, policy support and prospects for future investment.
BUSINESSChina and the United States are holding consultations on a reciprocal tariff reduction framework arrangement that would cover $30 billion worth of products from each side, China's Ministry of Commerce said on Thursday. Economic and trade teams from both countries are earnestly carrying out the…
BUSINESSEditor's note: Xu Feibiao, a special commentator on current affairs for CGTN, is a senior researcher and the director of the Center for BRICS and G20 Studies of China Institutes of Contemporary International Relations (CICIR). The article reflects the author's opinions and not necessarily the views…