China · Business
Same event, multiple sources, transparently cited.
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Cathay Pacific to close boarding gates 15 minutes before departure starting June 1
Cathay Pacific will close boarding gates 15 minutes before departure and start boarding 5 minutes earlier at Hong Kong International Airport from June 1.
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US Approves Nvidia H200 AI Chip Sales to Around 10 Chinese Firms amid CEO Visit
The US Commerce Department cleared about 10 Chinese companies to buy Nvidia's H200 AI chips during a visit by Nvidia CEO Jensen Huang to China.
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Takeda to cut about 4,500 jobs globally in fiscal 2026 restructuring
Takeda Pharmaceutical plans to cut roughly 4,500 jobs worldwide in fiscal 2026 to centralize functions and reduce costs.
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Nine-storey building collapse in Angeles City kills four, leaves 17 missing
A nine-storey building under construction collapsed early May 24 in Angeles City, Philippines, killing four and leaving at least 17 workers missing.
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Citadel asks some Hong Kong quantitative researchers to relocate or quit
Citadel told some Hong Kong-based quantitative researchers to relocate to Singapore or Miami or leave the company, sources say.
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China’s MiniMax and Knowledge Atlas AI stocks face limited short-selling until July lockup ends
Shares of MiniMax and Knowledge Atlas surged 400% and up to 900% since January, but lockups restrict short selling until July 2026.
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Gas Explosion at Shanxi Coal Mine Kills at Least 82 Workers
A gas explosion at Liushenyu coal mine in Shanxi, China, on May 22 killed at least 82 people and injured 128.
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US-China trade tensions and AI rivalry dominate 2026 APEC Trade Ministers Meeting in Suzhou
Trade ministers met in Suzhou May 22 to discuss Asian-Pacific trade issues amid US-China tensions and AI competition.
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Gas explosion at Shanxi Liushenyu coal mine kills 82, leaves 2 missing
A gas explosion at Liushenyu coal mine in Shanxi province killed 82 and left two missing as rescue efforts continue.
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Sony’s PlayStation Store dynamic pricing may breach EU consumer laws
Sony ran a dynamic pricing test on PlayStation Store showing different game prices to users, raising legal concerns in the EU.
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Gas Explosion at Shanxi Coal Mine Kills at Least 82 Workers
A gas explosion at Liushenyu coal mine in Shanxi province on May 22 killed at least 82 people with two missing.
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Chinese firms warn Indonesia nickel policies threaten investment amid quota cuts and tax hikes
Chinese companies urged Indonesian President Prabowo Subianto to ease nickel ore quotas and taxes, citing high costs and regulatory barriers that risk cutting investment.
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Netherlands opposes US plan to further restrict ASML sales and services to China
The Netherlands government formally objected to a US proposal to ban ASML’s sales of certain lithography machines and services in China.
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Morgan Stanley forecasts improved profit outlook for Chinese firms in Q2 2026
Morgan Stanley projects better profits for Chinese companies in Q2 2026 driven by strong Q1 results and rising exports.
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China launches two-year crackdown on illegal cross-border securities trading
China announced a two-year campaign targeting unauthorized offshore investment services and brokerages including Tiger, Futu, and Longbridge.
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Philippine central bank weighs off-cycle rate hike amid persistent inflation pressures
The Philippine central bank is considering an off-cycle interest rate hike before its June 18 policy meeting due to ongoing inflation concerns.
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Taiwan Probes Three for Smuggling Nvidia AI Chips to China Violating US Rules
Taiwan prosecutors arrested three suspects for forging documents to export Nvidia AI servers to China, Hong Kong, and Macau in breach of US export controls.
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Global survey shows record low worker confidence amid rising AI job loss fears
Mercer's 2026 report finds worker confidence at an all-time low with 40% fearing AI will replace jobs worldwide.
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Shein acquires US sustainable fashion brand Everlane for $100 million
Chinese fast-fashion company Shein acquired US sustainable fashion brand Everlane for $100 million, keeping its leadership and brand independence.
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Hong Kong to launch government-owned gold-clearing system by July 2026
Hong Kong plans to launch a government-owned gold-clearing system by July to allow faster trade settlement via unallocated accounts.
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China restricts rare earth exports to Japan amid Taiwan dispute
China has cut off heavy rare earth exports to Japan since December 2025 amid a diplomatic row over Taiwan.
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Chinese EVs capture over 15% of Europe's electric vehicle market in April 2026
Chinese electric vehicle brands reached more than 15% market share in Europe in April 2026, with sales doubling year-on-year.
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Lenovo reports 38% profit growth and strong AI-driven earnings for fiscal 2026
Lenovo posted 38% profit growth and surged AI revenue, driving shares up 17% in Hong Kong on May 22.
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India's power demand hits new record 270.82 GW amid severe May heatwave
India's power producers set a record peak electricity demand of 270.82 GW on May 21 amid intense heat across the country.