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Today: February 18, 2025
Today: February 18, 2025
Casey Hall

Casey Hall

Staff Writer

Latest From Casey Hall

Asia|Business|Economy|Technology

Alibaba to partner with Apple on AI features, sending shares to 3-year high

Alibaba will partner with Apple to support iPhones' AI services offering in China, its chairman said on Thursday, a move likely to help the U.S. company ease falling

Alibaba to partner with Apple on AI features, sending shares to 3-year high
Asia|Business|Economy|Fashion and Beauty|Political|US

Trump's de minimis cancellation is bad news for Temu, but worse for Shein

The Trump administration move to stop low-cost imports entering the U.S. tariff-free is likely to hit fast fashion retailer Shein harder than online dollar-store

Trump's de minimis cancellation is bad news for Temu, but worse for Shein
Asia|Business|Economy|Political|US

US Postal Service U-turn on China parcels sows confusion among retailers, shippers

The U.S.

US Postal Service U-turn on China parcels sows confusion among retailers, shippers
Asia|Business|Economy|Entertainment|Travel

China readies for Lunar New Year, amid worries about the economy

Travellers thronged railway stations and airports on Friday, clutching large suitcases and gifts such as boxes of fruit as they joined millions of

China readies for Lunar New Year, amid worries about the economy
Asia|Business|Economy|Political|US

American firms in China fearful of US-China trade turmoil at 5-yr high, survey shows

More than half the American businesses in China, the most in five years, say they are concerned about a further deterioration in the bilateral relationship between

American firms in China fearful of US-China trade turmoil at 5-yr high, survey shows
Asia|Business|Economy|Fashion and Beauty

China enters 'new normal' for luxury market with flat sales expected in 2025, report says

China's luxury market declined by 18% to 20% in 2024, marking the end of a period of "exponential growth", with sales expected to remain flat this year, consultancy

China enters 'new normal' for luxury market with flat sales expected in 2025, report says
Asia|Business|Political|US|World

China both hopeful and on edge as Trump returns to White House

Chinese officials and ordinary people are hopeful but on edge as Donald Trump returns to the White House, eager to avoid a repeat

China both hopeful and on edge as Trump returns to White House
Uncategorized

Alibaba's quarterly revenue beats despite China's sputtering economy

China’s Alibaba Group Holding reported its strongest quarterly revenue growth in almost two years on Thursday as its domestic e-commerce unit focuses on low-cost products to attract consumers amid a sober economic environment. The Chinese e-commerce giant posted first-quarter revenue of 234.16 billion yuan ($32.29 billion), up 14% from the prior-year quarter which was hit by strict pandemic lockdowns. The figure beat analysts’ estimates of 224.92 billion yuan, according to Refinitiv data. The company’s U.S.-listed shares rose as much as 5.6% to $100.1 in early trading. “Most investors had expected an okay quarter,

Uncategorized

Alibaba's quarterly revenue beats despite China's sputtering economy

China’s Alibaba Group Holding reported its strongest quarterly revenue growth in almost two years on Thursday as its domestic e-commerce unit focuses on low-cost products to attract consumers amid a sober economic environment. The Chinese e-commerce giant posted first-quarter revenue of 234.16 billion yuan ($32.29 billion), up 14% from the prior-year quarter which was hit by strict pandemic lockdowns. The figure beat analysts’ estimates of 224.92 billion yuan, according to Refinitiv data. The company’s U.S.-listed shares rose as much as 5.6% to $100.1 in early trading. “Most investors had expected an okay quarter,

Asia|Business

EU aims to increase food exports to China despite trade tensions

On a visit to China this week, EU Agriculture Commissioner Janusz Wojciechowski said his focus will be on increasing agri-food exports to the world's second largest

EU aims to increase food exports to China despite trade tensions
Asia|Business|Economy|Finance|Lifestyle

Exclusivity the name of the game as luxury firms target China's wealthiest for growth

The world's biggest luxury brands seeking growth in their second-largest market China are all courting the likes of wealthy entrepreneur

Exclusivity the name of the game as luxury firms target China's wealthiest for growth
Asia|Business|Economy|News

Analysis-‘Lovin’ it’: McDonald’s raises China bet, bucking Western firms' derisking trend

The decision by McDonald's to take greater control of its China business and expand aggressively in the face of a consumer slowdown and geopolitical tensions seems

Analysis-‘Lovin’ it’: McDonald’s raises China bet, bucking Western firms' derisking trend
Asia|Fashion and Beauty|Lifestyle

In China's slowing beauty market, big brand discounts won't cut it

Expensive beauty hauls are a thing of the past for Evelyn Zhu.

In China's slowing beauty market, big brand discounts won't cut it
Asia|Business|Entertainment|Lifestyle|Travel

Disney to open first Zootopia-themed attraction in Shanghai

Shanghai Disney Resort will open a Zootopia-themed attraction to the public on Wednesday aiming to capitalise on a post-pandemic desire for travel and experiences in

Disney to open first Zootopia-themed attraction in Shanghai
Asia|Business|Finance|Stock Markets|Technology

Chinese gaming firms unveil share buybacks after regulatory move unnerves investors

A slew of smaller Chinese gaming companies have announced share buybacks - plans seen as an attempt to reassure investors after the market was spooked by

Chinese gaming firms unveil share buybacks after regulatory move unnerves investors
Asia|Business|Economy

Red Sea crisis pressures China's exporters as shipping delays, costs mount

For Chinese businessman Han Changming, disruptions to Red Sea freight are threatening the survival of his trading company in the

Red Sea crisis pressures China's exporters as shipping delays, costs mount
Asia|Business|Economy|Finance|US

US firms in China slightly more optimistic, but caution remains - survey

U.S. businesses in China are feeling more optimistic about bilateral relations and their profitability potential than a year ago, but most will still limit new

US firms in China slightly more optimistic, but caution remains - survey
Asia|Business|Economy|Finance

Alibaba misses revenue estimates; boosts buyback by $25 billion

China's Alibaba Group Holding on Wednesday missed analysts' estimates for third-quarter revenue, hurt by softness in the retail market and

Alibaba misses revenue estimates; boosts buyback by $25 billion
Business|Economy|Fashion and Beauty|Technology

Rise of fast-fashion Shein, Temu roils global air cargo industry

The rapid rise of fast-fashion e-commerce retailers such as Shein and Temu is upending the global air cargo industry,

Rise of fast-fashion Shein, Temu roils global air cargo industry
Asia|Business|Finance|Technology

Chinese e-commerce giants face delicate balance between discounts, profit

Quarterly earnings reports from Chinese e-commerce giants Alibaba and JD.com this week will be closely watched as barometers for the mood of consumers in the world's

Chinese e-commerce giants face delicate balance between discounts, profit
Asia|Business|Finance|Technology

China's Alibaba profit tumbles 86% though revenue beats estimates

China's Alibaba Group Holding reported an 86% plunge in fourth-quarter profit on Tuesday primarily due to valuation changes from equity investments, pushing

China's Alibaba profit tumbles 86% though revenue beats estimates
Business|Finance|Technology

Chinese retailer JD.com's low price strategy helps revenue beat expectations

Chinese online retailer JD.com on Thursday reported first-quarter revenue that beat market estimates, as price cuts and discount coupons helped boost sales

Chinese retailer JD.com's low price strategy helps revenue beat expectations
Asia|Business|Finance|News|Technology|Uncategorized

Xiaomi ups EV goal to 120,000 as Q1 tops forecasts on strong phone sales

China's

Xiaomi ups EV goal to 120,000 as Q1 tops forecasts on strong phone sales
Business|Food

In China, Starbucks tries to avoid price war but gets dragged into discounting

As Starbucks faces stiff competition for its brew in China from fast-growing, low-cost rivals who have chipped into its market share, the coffee chain

In China, Starbucks tries to avoid price war but gets dragged into discounting
Asia|Business|Celebrity|Entertainment|Sports|Technology

Alibaba's AliExpress recruits Beckham to 'score more' global sales

AliExpress, an e-commerce site owned by Chinese giant Alibaba, has signed former England soccer captain David Beckham as a brand ambassador as it plays catch-up with

Alibaba's AliExpress recruits Beckham to 'score more' global sales

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