PDD Holdings (PDD) on Thursday reported fourth-quarter results that rose year over year but the Chinese e-commerce platform's revenue fell short of market expectations. Adjusted earnings advanced to ...

PDD Holdings, which operates the Pinduoduo and Temu, missed market estimates for quarterly revenue on Thursday, as demand ...

The totally nonsensical “official Chinese Mint crypto” scam, Japan dives into stablecoins, Bithumb chair vindicated: Asia ...

The official foreign exchange (forex) rate depreciated by 1.3 per cent to N1,537.50 per dollar as CBN’s robust intervention — selling $360.00 million to authorised dealers — helped mitigate a steeper ...

BEIJING - China has announced a raft of measures to optimize consumer finance, aiming to stimulate consumption and improve ...

SHANGHAI, March 11, 2025 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility tech provider, today announced unaudited financial results for the quarter ...

Universal Electronics is set for growth with demand for its control and sensor tech. Learn why UEIC stock is a buy with ...

Explore why the USD/CNY exchange rate has retreated, and what to expect in the coming weeks now that China moved into a ...

Bankers working across China’s debt capital markets (DCM) have said that more CNH-denominated bond issuances are to be expected in Hong Kong, mainly due to ‘cheaper for longer’ funding costs of ...

The yen and pound account for 5.5% and 4.9%, respectively, while the balance is spread across the renminbi and Canadian and Australian dollars, each with shares of 2-3%. In the early 2000s ...

Outstanding renminbi loans in the Hong Kong market reached 724 billion yuan ($99.32 billion) by the end of 2024, marking a 64 percent surge from 2023, the Hong Kong Monetary Authority said ...