Huawei net profit drops 32% in the first half of 2025 despite revenue growth · TechNode
Huawei on Friday reported a 32% year-on-year decline in first-half net profit, despite modest revenue growth, as rising costs and investment pressures weighed on earnings. The company posted revenue of…
CITIC reports solid H1 2025 results with higher dividend
CITIC actively invests in emerging industries like digital technology, low-altitude economy and artificial intelligence. CITIC Ltd has published interim results for 2025, reporting revenue of 368.8 billion yuan ($51.69 billion),…
Shanghai’s Putuo district hosts cross-border financial services forum
The 2025 Cross-border Financial Services Forum takes place at the Shanghai Convention and Exhibition Center of International Sourcing in Putuo district on Tuesday. The 2025 Cross-border Financial Services Forum was…
Major beverage players enjoying high tea time
Employees prepare tea for customers at a store in Huangshan, Anhui province, on July 15. CAO LI/XINHUA With consumers“ pursuit of wellness, variety and refinement, China’s tea beverage brands are…
Maidelong banks on new retail mode for growth
Consumers browse products at a Maidelong store in Wuhan, Hubei province. Maidelong, formerly known as Metro China, has renovated one of its stores in Beijing by adopting domestic counterpart Pangdonglai“s…
China extends anti-dumping duties on some phenol imports
BEIJING – China“s Ministry of Commerce will extend anti-dumping duties on phenol imports from the United States, the European Union, the Republic of Korea, Japan and Thailand for five years,…
Trump says Intel agreed to give US government 10 pct stake
US flag, Intel logo and words „10% stake“ are seen in this illustration taken August 22, 2025. NEW YORK – US President Donald Trump said Friday Intel“s CEO has agreed…
Cave basketball in Southwest China’s Guizhou goes into limelight
GUIYANG – Cars lined up in long queues as thousands of spectators from across China flocked to watch a unique basketball tournament held deep inside a cave in Southwest China“s…
China issues interim rules on rare earth management
BEIJING – Chinese authorities have unveiled a set of interim rules to strengthen the control and management of rare earth mining, smelting and separation. The interim rules, made public on…
Why Filipinos flood social media to shame ‘nepo babies’ amid US$9.5 billion scandal
As public scrutiny intensifies over anomalous flood control projects in the Philippines, Filipinos have turned to social media spaces such as Reddit to expose the lavish lifestyles of the children…