China's State Administration for Market Regulation (SAMR) has slapped a fine of 18.23 billion yuan ($2.78 billion) on Alibaba Group for indulging in a monopolistic act of abusing its dominant market position.
The International Monetary Fund (IMF) on Tuesday (Apr. 6) projected that the global economy will grow by 6 percent in 2021, 0.5 percentage point above the January forecast, according to the latest World Economic Outlook (WEO).
The U.S. Supreme Court handed Alphabet Inc's Google a major victory on Monday (Apr. 5), ruling that its use of Oracle Corp's software code to build the Android operating system that runs most of the world's smartphones did not violate federal copyright law.
Global trade is set to grow by 8 percent in 2021, the World Trade Organization (WTO) said Wednesday (Mar. 31), stressing that the route out of the COVID-19 crisis rested on the rapid rollout of vaccines.
Bilibili Inc fell on its debut in Hong Kong, becoming the latest US-traded Chinese mainland firm to disappoint on its homecoming during a global sell-off in the country's technology shares. Shares of the fast-growing video streaming service sank more than 6 percent early Monday (March 29).
Nike has become the next target of Chinese netizens' rage after H&M for its stance over Xinjiang cotton supply issues.
The hashtag #nike has become the biggest trending topic on China's Twitter-like social media platform Sina Weibo on Thursday (March 25) with 720 million views and 530,000 comments over its announcement outlining its boycott of Xinjiang cotton.
Hong Kong's financial system has been operating smoothly despite the COVID-19 pandemic and other global uncertainties, an official of the Hong Kong Special Administrative Region (HKSAR) government said Wednesday (March 24).
China will become the largest market for Tesla, said Elon Musk, co-founder and CEO of the electric carmaker, in an exclusive interview with China Media Group (CMG) on the sidelines of the 2021 China Development Forum that concluded on Monday (Mar. 22).
China's six major state-owned banks started promoting digital yuan wallets in Shanghai. People can apply for a trial use of the wallets at the banks' outlets, the Shanghai Securities News reported on Tuesday (Mar. 23).
Chinese mainland online video site Bilibili Inc is set to raise HK$20.2 billion (US$2.6 billion) after pricing shares in its Hong Kong secondary listing at HK$808 each, three people with direct knowledge of the matter said.
Hong Kong's overall consumer prices rose 0.3 percent over the same month a year earlier, the Census and Statistics Department of the Hong Kong Special Administrative Region government announced on Monday (March 22).