(CHA) starts trading on the Nasdaq

(CHA) starts trading on the Nasdaq

People shopping at a Chagee store in Shanghai, China, on Oct. 18, 2023. Costfoto | Nurphoto | Getty Images Shares of Chinese tea chain Chagee climbed 15% during its public market debut on Thursday, as the company plans a U.S. launch despite trade tensions between Washington and Beijing. The stock, which is trading on the…

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Taiwan iPhone maker Foxconn sets its sights on the ever more crowded EV market | Business

Taiwan iPhone maker Foxconn sets its sights on the ever more crowded EV market | Business

BANGKOK – Auto industry newcomers like Taiwan-based iPhone maker Foxconn and China’s Huawei Technologies are maneuvering to gain an edge in the electric vehicle sector, prompting automakers like Japan’s Nissan and Honda to announce plans to join forces against a flood of ambitious competitors. Also known as Hon Hai Precision Industry, Foxconn has been snapping…

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