Shares of the parent of Temu and Pinduoduo are being held back by geopolitical risks and fierce competition in China’s e-commerce sector.
From L’Oréal’s minority stakes in To Summer and Documents, to Estée Lauder’s investment in Melt Season, the world’s biggest beauty brands are making moves to acquire Chinese up-and-comers
China reclaiming the No 1 spot as India’s top trading partner last year was an ‘aberration’, Indian analysts say, with the government in Delhi keen to prevent a recurrence.
Egypt’s military said that a border guard was killed in a shooting in the Rafah border area with Gaza, where Israeli forces are deployed.
Woman charged with eight traffic-related offences, marking second such case within a week after police arrested another resident over riding e-bike with two children.
Scientists at Finnish company Solar Foods have figured out how to make protein using air and electricity. If approved as a food, the sustainable product could help reduce global warming.
During a meeting with high-profile business leaders and economists, President Xi Jinping said too much investment into new energy would stifle innovation and deprive other sectors of needed resources.
The newly revamped venue pairs exquisite seafood fine dining with a commitment to sustainable sourcing and reducing food waste
Hong Kong markets extend gains after further moves to ease curbs in the property sector and on the back of a semiconductor investment fund.
Japan bans meat and plant products to prevent diseases and pests, while Singapore allows 5kg of beef, mutton, pork and chicken from designated countries.
Production of China’s home-grown narrowbody jet is getting big upgrades and offering intensive training to pilots and cabin crew, while steps are under way to make the C919 ‘an even more Chinese jet’.
Playful and pragmatic looks that work on city streets and sandy beaches alike mark out artistic director Kim Jones’ summer capsule collection celebrating la dolce vita
Warmer air from increasing carbon emissions is changing wind speeds and likely contributing to severe turbulence. This is just one of the climate change challenges facing airlines, as global air travel recovers from the pandemic.
A German man with a wife from Thailand has become a media star in the kingdom because he looks like Hollywood actor Keanu Reeves.
The Chinese internet giant aims to expand the coverage of WeChat Pay in the Maldives to 8,000 merchants by the end of this year.
Shelving the waste-charging scheme seems to be the wisest and most politically cost effective way to handle the situation, an academic says.
With proper planning and education, a workable scheme must be devised to cope with the city’s looming mountain of waste.
President Ferdinand Marcos Jnr has warned of ‘blatant attempts of destabilisation’ and urged the Philippine military to stay loyal to him.
Start-up founders say there is a mismatch between their needs and the agendas of Malaysian government-linked seed funds.
Local cricket association chairman Burji Shroff hints at event being held alongside the Hong Kong Blitz but adds that city needs better grounds and practice facilities to keep up with its international competitors.
A series of powerful storms swept over the central and southern US over the Memorial Day holiday weekend, and left a wide trail of destroyed homes, businesses and power outages.
The Agricultural, Fisheries and Conservation Department says the emu is under observation at one of its animal management centres after being captured at the weekend.
Growth in rentals on luxury residential properties cooled last quarter, as policymakers took steps to rein in inflation. Sustained demand, however, will keep the market bullish this year, Knight Frank says.
Having wowed the film festival crowds with her debut feature, City of Wind, Portugal-based Mongolian director Lkhagvadulam Purev-Ochir reveals why her next project will see her return to her homeland.
The authorities decided that the best way to deal with a prominent statue of a famous peasant leader was not to destroy it, but move it to a less noticeable place.
It is the latest gambit by the Conservative Party to try to shore up a core vote ahead of the July 4 election.
The Middle East and Indonesia are the next targets for Hong Kong to attract family offices, but more needs to be done to bolster the city’s status as a global family office hub, according to an InvestHK executive.
The Microsoft billionaire’s only son with his ex-wife Melinda French Gates turned 25 on the same day as the White House state dinner – so what has he been up to?
The C919, China’s home-grown commercial jet, has completed a year of passenger flights. Will it receive airworthiness certification from the Western countries currently sanctioning trade and tech in other fields?
Aid to tens of thousands soup kitchens was frozen after Javier Milei took office in December vowing to slash public spending and weed out corruption in the social welfare system.