Ideal Car Reports 2.3 Billion Net Loss in First Quarter, Gross Profit Falls to Near Lowest in Years
In the first quarter of 2026, the overall profit margin of China’s new energy vehicles dropped to 3.2%, the lowest…
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EU Launches Deeper Investigation into JD.com’s Acquisition in Germany, Potentially Involving Chinese Subsidies
The European Union’s competition watchdog announced on May 28 that it has initiated a comprehensive investigation into the $2.5 billion…
Koizumi and the Marcos family: Japan and the Philippines upgrade to comprehensive strategic partnership
In response to the invitation from the Japanese government, Philippine President Ferdinand Marcos Jr. embarked on a four-day state visit…
Chinese Communist Party Bans Cross-Border Stock Trading, Mainland Investors Opening Accounts in Hong Kong Must Sign Declaration.
Mainland Chinese individuals intending to open investment accounts in Hong Kong banks are now required to sign a declaration to…
Hong Kong banks reportedly raise threshold for Mainlanders to open savings accounts.
Hong Kong banks are reportedly stepping up scrutiny on Mainland Chinese customers seeking to open savings and investment accounts, requiring…
May Heatwave: UK and France Hit by High Temperatures, Over 40 Dead in India as Temperature Surpasses 47°C
A rare and deadly heatwave is sweeping across Western Europe, with extreme heat also hitting multiple regions in India. On…
Four Men from Hunan Fishing Experiencing Rising River Water, 2 Washed Away and Died
On May 26, four men from Zhangjiajie City, Hunan Province went fishing by the riverbank, when suddenly the water level…
Huawei’s high-profile promotion of “Law of Calmness” criticized as not a real breakthrough.
Recently, Chinese tech giant Huawei made a high-profile announcement of the “Tao Law” in Shanghai, claiming to bypass the limitations…
The European Central Bank may raise inflation expectations in June, increasing the likelihood of a rate hike.
The impact of the Iran war has led to a steady rise in energy prices, exacerbating the inflation risks in…
23 officials in Fujian punished in toxic waxberry case; Netizens: Will not eat them anymore
In mid-May, it was discovered in Zhangzhou, Fujian, a major production area for ya-mei in China, that ya-mei was being…