A cargo ship carrying containers is seen close to the Yantian port in Shenzhen, following the novel coronavirus illness (COVID-19) outbreak, Guangdong province, China Might 17, 2020. Martin Pollard | Reuters BEIJING — China’s exports fell in Might for the primary time since February, customs knowledge confirmed Wednesday. Exports fell 7.5% year-on-year to $283.5 billion, … Read more
Chinese language tech big Tencent launched quarterly outcomes Wednesday. Nurphoto | Nurphoto | Getty Photos Tencent reported an 11% bounce in quarterly income Wednesday, marking its quickest development in additional than a yr, as the corporate noticed an enormous rebound in fee volumes, advert gross sales, and gaming. This is how Tencent did within the … Read more
YANGZHOU, CHINA – MAY 02: Aerial view of vacationers visiting the Dongguan road throughout the Might Day vacation on Might 2, 2023. Vcg | Visible China Group | Getty Photos China’s financial information for April broadly missed expectations because the financial system continued to indicate an uneven path of restoration from the affect of its … Read more
SoftBank has confronted headwinds in its Imaginative and prescient Fund funding division because of a fall in know-how firm valuations amid rising rates of interest. Kiyoshi Ota | Bloomberg | Getty Photographs SoftBank recorded a document loss for its Imaginative and prescient Fund as a current rally in tech shares has executed little to assist … Read more
FILE PHOTO: Pakistan’s Prime Minister Imran Khan speaks throughout an interview with Reuters in Islamabad, Pakistan June 4, 2021. Saiyna Bashir | Reuters Former Pakistani Prime Minister Imran Khan was arrested at a courtroom within the capital Islamabad by paramilitary officers Tuesday. Footage of the arrest exhibits dozens of paramilitary personnel surrounding Khan and pushing … Read more
QINGDAO, CHINA – MAY 06: Aerial view of illuminated Qingdao Qianwan Container Terminal at nightfall on Might 6, 2023 in Qingdao, Shandong Province of China. Vcg | Visible China Group | Getty Photos China’s exports grew 8.5% in April in U.S. greenback phrases, marking a second-straight month of progress, whereas imports fell 7.9% in contrast … Read more