Online fashion retailer's profit plunged by $1 billion in 2024, a new report says, and worse is to come after Trump closed a tax loophole it used to send items to the US
Nvidia's results this week will put a spotlight on demand for its chips after low-cost AI models from China's DeepSeek raised doubts on the need for big outlays on pricey chips
Markets in Hong Kong, Shanghai and many other Asian capitals fell on Monday after Trump moved to curb Chinese investment in the US
Catering outlets, restaurants and cafes have been hammered by China's intensifying economic slowdown over the past year, according to recent industry reports.
Nissan did not want to be a Honda subsidiary, according to sources reported by Nikkei; its board is now reportedly reconsidering it's options
Huawei to make DeepSeek model available on Ascend, while Alibaba, Baidu and Tencent's cloud arms also say they've made its models accessible via their services
US Postal Service has stopped receiving parcels from China and Hong Kong while it rejigs operations after President Trump closed the de minimis loophole
The lifting of the de minimis loophole will hurt the Chinese and US e-commerce firms but won't kill them, an analyst said
"These moves are warnings that China intends to harm US interests if need be, but still give China the option to back down," one analyst said
Support for an Alaska pipeline is one of a few energy deals Tokyo is considering for when PM Shigera Ishiba meets with Donald Trump, to ease trade friction concerns
Carmakers of both EVs and Japanese firms like Toyota have had to offer big discounts as they are locked in a bruising price war, while the economy is sluggish
Social media accounts run by Chinese state media, plus embassies highlighted DeepSeek's 'breakthrough' prior to the stock crash on Monday and push Beijing's narrative on surpassing the US in critical areas of competition, report says