China · Business
Same event, multiple sources, transparently cited.
-
IMF raises UK 2026 growth forecast to 1.0% despite Middle East conflict risks
The IMF raised the UK's 2026 economic growth forecast to 1.0% citing stronger Q1 data but warned of risks from political instability and Middle East energy shocks.
-
Standard Chartered to cut over 7,000 back-office jobs globally by 2030 due to AI
Standard Chartered announced on May 19 it will cut more than 15% of its back-office roles by 2030, replacing jobs with AI and automation investments.
-
Nvidia CEO Jensen Huang expects China to eventually allow US AI chip imports
Nvidia CEO Jensen Huang said China will open its market to US AI chips, despite current restrictions blocking Nvidia’s H200 sales there.
-
Nissan Plans to Export Chinese-Made EVs to Canada Following Policy Shift
Nissan is considering exporting electric vehicles made in China to Canada after regulatory changes eased restrictions on Chinese imports.
-
China's CXMT posts 1,688% profit surge and 719% revenue jump in Q1 2026 amid chip shortage
ChangXin Memory Technologies reported a 1,688% net profit rise and 719% revenue increase in Q1 2026 amid global DRAM shortages.
-
Evergrande liquidators sue PwC for US$8.4 billion over audit negligence in Hong Kong
Evergrande liquidators filed a US$8.4 billion lawsuit against PwC and affiliates alleging audit negligence in Hong Kong.
-
India's stock market loses $924 billion amid AI investment shift, risks losing top five spot
India's stock market dropped $924 billion from its September 2024 peak as investors favor AI sectors, threatening its top five global ranking.
-
EU plans to require companies to diversify suppliers to reduce reliance on China
The EU is drafting rules to force companies in key sectors to buy critical components from at least three suppliers, limiting single-supplier reliance to 30-40%.
-
Australia's unemployment rate rises to 4.5% in April, highest since 2021
Australia's unemployment rate rose to 4.5% in April 2026 with employment declining by 18,600, the first fall this year.
-
Australia orders six China-linked investors to divest Northern Minerals shares by June 1
Australia’s government directed six shareholders tied to China to sell near 27% of Northern Minerals shares within two weeks starting May 18, 2026.
-
Investor Dan Niles forecasts 30%-50% drop in AI stocks in early 2027
Tech investor Dan Niles predicts a 30%-50% plunge in AI-related stocks in early 2027 after a surge in enthusiasm and market concentration.
-
Qantas Flight Diverted to Papeete After Passenger Bites Flight Attendant
A Qantas flight from Melbourne to Dallas was diverted on May 15 after a passenger bit a flight attendant and was restrained by other travelers.
-
Tesla raises US Model Y prices, denies increases in China amid financing changes
Tesla raised prices for several Model Y variants in the US on May 16 but denied price hikes in China, where it canceled low-interest financing plans.
-
Valuetronics forecasts steep net profit drop in FY2026 due to Trio AI impairments
Valuetronics warned of a major net profit decline in FY2026 from impairments tied to its 26.6% stake in GPU and AI cloud firm Trio AI.
-
S&P revises Mexico credit outlook to negative citing fiscal weakness and rising debt
S&P Global Ratings lowered Mexico's credit outlook to negative on May 13, citing fiscal weakness and rising debt levels.
-
Ray Dalio Says China’s Rise Signals New Global 'Tribute System' Era
Ray Dalio said US global power is waning as China grows wealth and influence, reshaping global trade and security dynamics.
-
German Firms Show Stronger Optimism on China Economy Despite Geopolitical Challenges
Nearly 40% of German Chamber of Commerce members in China expect economic improvement in next six months, up from 22% last year.
-
China and US agree to lower tariffs and confirm major aircraft purchase after Trump-Xi summit
China and the US agreed to reduce tariffs on select products and confirmed China’s purchase of US aircraft following a Beijing summit with Presidents Trump and Xi.
-
China and US agree to uphold trade deals and create trade, investment councils
China and the US agreed to fully implement existing trade deals and establish bilateral trade and investment councils after a Beijing summit.
-
US-Iran talks ease oil prices as hopes grow for Strait of Hormuz reopening
On May 25, 2026, oil prices fell sharply following progress in US-Iran talks that could reopen the Strait of Hormuz and ease energy pressures.
-
Siemens signs deal to acquire key rail technology units from Italian firm Mer Mec
Siemens Mobility signed an agreement to acquire parts of Italian rail firm Mer Mec’s signaling, telecom, and services businesses.
-
Hong Kong's Q1 2026 GDP rises 5.9% year-on-year, government keeps 2026 growth forecast
Hong Kong's economy grew 5.9% year-on-year in Q1 2026 while the government maintained its 2026 growth forecast at 2.5%-3.5%.
-
OCBC Hong Kong targets fivefold wealth income growth with expanded team in 2026
OCBC Hong Kong plans to grow wealth income fivefold in 2026 by boosting revenue, hiring more wealth managers, and opening a new private client centre.
-
UK Prime Minister announces plan to nationalize British Steel, controlled by Chinese firm
UK Prime Minister Starmer unveiled legislation on May 11 to nationalize British Steel, currently owned by Chinese Jingye Group.