Meituan Joins AI Race by Buying Co-Founder’s Months-Old Firm
Meituan is buying a co-founder’s generative AI startup for almost $234 million, a deal that gets the food-delivery
2023-06-30 08:49
Tokyo Inflation Speeds Up Again as Japan Production Sputters
Inflation in Tokyo re-accelerated for the second time in three months in June, an outcome that supports expectations
2023-06-30 08:20
Wanda Faces Key Payment Test as Bond Setback May Revive Concerns
Dalian Wanda Group Co., one of China’s largest private conglomerates, is set to face its biggest bond-repayment test
2023-06-30 07:24
US FDA Uncovers Fresh Faults at India’s Second-Biggest Drugmaker
US Food and Drug Administration officials found multiple faults at a plant run by one of India’s biggest
2023-06-30 05:27
Spy Fears Over a Chinese Corn Mill Led Biden to Tighten US Investment Curbs
Presidents Joe Biden and Xi Jinping are trying to ease tensions and calm trade fights between the world's
2023-06-30 05:18
Inventor of ‘Balance-Sheet Recession’ Says China Is Now in One
China is falling into a “balance-sheet recession” and needs to ramp up fiscal stimulus quickly to address the
2023-06-30 00:52
China Regulators Step Up Yuan Surveys as Currency Slump Worsens
China’s regulators are stepping up scrutiny of currency trading and cross-border capital flows, according to people familiar with
2023-06-29 18:15
US Probe Finds Chinese Balloon Used American Tech, WSJ Says
The alleged Chinese spy balloon that floated over the continental US earlier this year was equipped with American-made
2023-06-29 16:20
South Korea Turns Up Heat on Kim Jong Un With Hawkish Pointman
South Korean President Yoon Suk Yeol has stepped up his pressure campaign against North Korea by appointing a
2023-06-29 15:26
Big China Stimulus Isn’t Coming, Former IMF Official Says
China will likely disappoint those hoping the government will roll out massive stimulus to shore up the weakening
2023-06-29 14:56
BlackRock, Schroders Hunt China Deals in Growing Private Markets
Global fund managers building out private markets activities in China are finding lucrative opportunities to deploy capital even
2023-06-29 13:55
China’s New Law Extends Xi’s Combative Foreign Policy Stance
China has passed a sweeping foreign policy law that bolts together a slew of existing tools to counter
2023-06-29 12:24