China-based Victory Giant Technology is expected to price its Hong Kong initial public offering at the top of its indicated range, reflecting strong investor demand despite global market volatility. The company plans to sell shares at HK$209.88 each, aiming to raise approximately HK$17.5 billion (about......
ASML is set to report its first quarter 2026 results on April 15, with investors focusing on both financial performance and a major change in disclosure policy. The company said it expects quarterly revenue between 8.2 and 8.9 billion euros, with gross margins of 51 to 53 percent. Analysts estimate revenue......
The former chairman of China Evergrande Group, Hui Ka Yan, has admitted guilt in a major fraud case, marking a dramatic fall from one of the most powerful figures in China’s property sector to a central figure in its largest corporate collapse. Once celebrated as the founder of a real estate empire......
Chinese investment in Brazil is undergoing a major transformation, shifting away from large-scale infrastructure projects toward consumer-focused industries such as food, retail, and services. A new wave of companies from China is increasingly targeting Brazil’s more than 200 million consumers,......
A strategic partnership between Marita and Gotion High-Tech highlights Morocco’s growing role as a regional energy hub, with a focus on storage technologies and industrial expansion across Africa. As global energy systems undergo rapid transformation, Morocco is positioning itself at the forefront......
Nike’s efforts to stabilize its business are encountering fresh challenges as unrest in the Middle East threatens to affect global operations. The sportswear giant also continues to struggle with slower sales growth in China, a key market for the company. Executives have warned of a notable drop......
BASF inaugurated Thursday its massive Verbund integrated chemical complex in Zhanjiang, Guangdong province, southern China the company's biggest single investment in 160 years at 8.7 billion euros across four square kilometers employing over 2,000. Launch timing shadows short-term profitability amid......
China has expressed its willingness to address trade and economic issues with the Netherlands through dialogue, Wang Wentao said while meeting his Dutch counterpart on the sidelines of a WTO conference in Cameroon. The discussions included bilateral cooperation in the semiconductor sector and matters......
China Eastern Airlines announced on Wednesday that it has signed a contract with Airbus to purchase 101 A320NEO aircraft, according to a filing with the Shanghai Stock Exchange. The total list price for the order is approximately $15.8 billion. The aircraft are scheduled to be delivered in batches between......
Grab Holdings has agreed to acquire foodpanda’s delivery business in Taiwan for $600 million in cash, marking the Singapore-based company’s first expansion outside Southeast Asia. The deal will extend Grab’s footprint to a ninth market, adding operations in 21 Taiwanese cities and......
German chemical giant BASF is reinforcing its long-term commitment to China through its largest-ever investment project, aiming to expand its footprint in the world’s biggest chemicals market. The company is currently developing a major chemical complex in Zhanjiang, a project estimated to cost......
Tencent Holdings reported strong financial results for the fourth quarter of 2025, with revenue reaching 194.4 billion yuan, or about 28.3 billion dollars, marking a 13 percent increase from a year earlier and slightly exceeding analyst forecasts. Net profit attributable to shareholders rose 14 percent......
The Italian government is preparing to hold discussions with representatives of Pirelli and its major investors as authorities examine concerns surrounding foreign influence within one of the country’s most prominent industrial groups. According to officials familiar with the matter, the talks......
