Business

China Mobile's Shanghai debut lukewarm after US delisting

China Mobile shares ended with slight gains on Wednesday in their debut on the Shanghai stock exchange after the telecoms giant was delisted in New York as tensions soared between Beijing and Washington.

Business

Alibaba to grow Southeast Asia e-commerce arm to $100b

Alibaba this week revealed an ambitious vision to grow its Southeast Asian e-commerce business to $100 billion in transacted sales as well as a pledge to reach carbon neutrality in its operations by 2030.

Business

US adopts rule that could see Chinese firms leave Wall Street

US market regulators on Thursday announced the adoption of a rule allowing them to delist foreign companies from Wall Street exchanges if they fail to provide information to auditors, which is aimed primarily at Chinese firms.

Business

Trading begins on new Beijing Stock Exchange

A new Chinese stock exchange focused on SMEs began trading in Beijing on Monday, boosting support for smaller-scale firms as economic growth slows and Beijing cracks down on domestic tech giants.

Business

Tale of two companies: Airbus recovers as Boeing reels

The aviation industry is slowly recovering from last year's Covid-induced downturn, but European aircraft maker Airbus is having a smoother ride than American rival Boeing, which has endured a series of crises.

Business

Iconic corporate names breaking up in trend to boost value

Three multinational giants—General Electric, Johnson & Johnson and Toshiba—this week announced plans to split into multiple companies, joining a trend the firms hope will provide more growth opportunities.

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