Hyundai Motor advances a renewed China strategy anchored in its ‘In China, For China, To Global’ approach IONIQ V debuts as the first dedicated IONIQ production model for China, tailored to local customer needs and expectations China positioned as a strategic hub for EV innovation and global competitiveness Ambitious roadmap targets 20 new models in…
By Che Pan and Laurie Chen BEIJING, March 19 (Reuters) – Apple posted a 23% surge in China smartphone sales in the first nine weeks of 2026, bucking a broader market decline as some Android phone makers raised prices in response to higher costs for memory chips. China’s overall smartphone market fell 4% year-on-year in…
China has lifted its years-long ban on Canadian beef exports — a move industry officials hope will contribute to the sector’s growth and support future market diversification. Federal Agriculture Minister Heath MacDonald announced the ban’s removal Tuesday, following a recent trip to Beijing, adding he’s aware of a Canadian company shipping its first load of…
It’s a great week to be Jensen Huang. Nvidia is the world’s first $5 trillion market cap company. Huang’s personal wealth has increased by $17 billion over just the past week. President Donald Trump is hinting that the US could not only open the Chinese market back to Nvidia but might even allow the chipmaker…
Nexperia has withheld access to work accounts and halted salaries for its employees in China, according to local news reports citing a letter from the Chinese unit of the Dutch chipmaker, marking the latest escalation in a growing political dispute between the Netherlands and China. The Chinese unit of Nexperia informed customers on Friday that…
In the Capital Connectors series, exclusive interviews with six influential Chinese and global bankers reveal the opportunities and challenges for Hong Kong in its evolution as an international financial hub. Hong Kong has become the fundraising venue of choice for Chinese technology giants, surpassing the US thanks to growing liquidity, market reforms and proximity to…
As global markets react to the Federal Reserve’s decision to cut interest rates, small-cap stocks have shown notable sensitivity, with indices like the Russell 2000 experiencing a rally. In this dynamic environment, identifying high-growth tech stocks in Asia involves looking for companies that can leverage technological advancements and adapt to changing economic conditions while navigating…
MUNICH (Reuters) -U.S. tariffs have cost Volkswagen, Europe’s largest carmaker, billions of euros so far, its chief executive said on Monday, adding that its key brand Porsche was being squeezed in a “sandwich” of duties and a weak Chinese market. “Up to now, it’s several billion euros on our balance sheet that this situation costs…
Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) fell 3.3% in the afternoon session after investors continued to lock in some profits, as its latest earnings report failed to meet the market’s highest expectations. The decline extends from the previous session, as investors reacted to a quarterly report that, while strong, showed signs of…
(Reuters) -Nvidia has told some of its component suppliers to suspend production work related to H20, its AI chip tailor-made for the Chinese market, The Information reported on Thursday, citing two people with direct knowledge of the communications. Reuters could not immediately verify the report. (Reporting by Yazhini MV in Bengaluru; Editing by Sumana Nandy)…