Business News
Latest business news and updates
Total: 2050
Riding the High-Seas: China’s Electric Two-Wheeler Giants Pivot as Domestic Costs Surge
Rising raw material costs and domestic market saturation are forcing Chinese electric scooter manufacturers to raise prices and pivot toward premium models. Simultaneously, a surge in global oil prices has triggered an export boom to Southeast Asia, where Chinese 'e-donkeys' are becoming a vital alternative to fuel-dependent motorcycles.
The Golden Yolk Trap: A Chinese Egg Giant Faces a Crisis of Trust
Chinese high-end egg brand Huang Tian’e is facing a major trust crisis after a whistleblower detected yolk-darkening additives in its products. The incident has exposed the brand's aggressive marketing tactics and the fragility of high-premium food products built on perceived naturalness in an increasingly transparent market.
Country Garden’s Paper Profit: Engineering a Survival Blueprint in China’s Property Ruins
Country Garden has reported its first net profit in years, primarily due to a massive debt-to-equity restructuring that reduced liabilities by over 216 billion RMB. While the company is pivoting toward light-asset management and 'guaranteed delivery' of homes, its core property development business continues to face significant impairments and market headwinds.
The $100 Barrel Returns: Trump’s Brinkmanship in the Gulf Shakes Global Energy Markets
Oil prices surged past $100 per barrel as President Trump threatened to destroy Iranian oil infrastructure if negotiations over the Strait of Hormuz fail. The market reaction marks a return to 2022 price levels, reflecting deep fears of a significant global supply disruption.
Liquid Gold: Moutai Breaks Eight-Year Silence with Strategic Price Hike
Kweichow Moutai has increased the retail price of its flagship liquor to 1,539 RMB, marking its first such adjustment since 2018. The move aims to reclaim profit margins from the secondary market and signals confidence in high-end consumption despite economic challenges.
The Automation of Ambition: How AI and Stablecoins are Reshaping the Global South's Digital Economy
Fintech leader EBANX predicts that emerging markets will add one billion new consumers by 2036, driven by a radical shift toward localized payments, Agentic AI, and stablecoins. As traditional credit card reliance fades, the global digital economy is moving toward an automated, decentralized order where AI agents manage consumption and digital assets provide a hedge against economic volatility.
A Rude Awakening for China’s Mattress King: Inside the $14 Million Scandal at Xilinmen
Xilinmen Furniture is facing a major governance crisis after 100 million RMB was illegally transferred from a subsidiary's account, leading to a police investigation and a massive asset freeze. The incident highlights critical failures in internal controls and the risks of family-dominated management in one of China's leading consumer goods companies.
Driving Off the Rails: Legal Woes and Governance Failures at Hongxing Shares
Hongxing Shares director Su Qiwen has been sentenced for dangerous driving, further complicating the company's outlook following his spouse's prior short-term trading violations. The legal trouble coincides with a projected 73% drop in annual profits as the company struggles with market competition and the loss of non-recurring income.
Moutai’s Liquid Gold: Price Hikes and Executive Shake-ups at China’s Spirits Giant
Kweichow Moutai has announced price increases for its iconic Flying Fairy baijiu alongside the abrupt dismissal of its CFO and Board Secretary, Jiang Yan. These moves reflect a dual strategy of aggressive revenue optimization and a significant reshuffling of top-tier corporate governance.
iQIYI’s Dual Offensive: Hong Kong Listing and Buyback Plan Spark Double-Digit Surge
iQIYI shares surged over 10% following news of a planned Hong Kong listing and a $100 million share buyback. The moves are seen as strategic efforts to mitigate US delisting risks and signal confidence in the company's long-term profitability.
CICC Profits Leap 72% as China’s Premier Investment Bank Rides a Capital Market Rebound
CICC reported a nearly 72% jump in net profit for 2025, reaching 9.79 billion RMB, alongside record-high dividend distributions. The results underscore a strong recovery for China's top-tier investment banking sector and a strategic focus on enhancing shareholder returns.
Bitcoin Reclaims $68,000 Milestone: Resilience Amidst Shifting Global Liquidity
Bitcoin rose over 3% to break the $68,000 threshold on March 30, 2026, signaling a robust recovery following recent market liquidations. This price surge highlights Bitcoin's resilience and its evolving role as a speculative hedge amidst global currency fluctuations and a fragmented economic landscape.