Tesla’s 12% dive wipes $80 billion in market value
In a stunning turn of events, Tesla, the electric vehicle giant, witnessed a harrowing 12% plunge in its stock value on Thursday, resulting in an...
Tag : China
Moody’s warns of China’s economic slowdown
Moody's Investors Service is expressing mounting apprehension over the sovereign creditworthiness of Asia-Pacific countries in 2024. Their negative outlook stems from a combination of factors:...
Unprecedented turmoil hits China’s mutual fund market
The Chinese mutual fund industry is undergoing a significant upheaval, evidenced by the highest number of fund closures in the past five years. This trend,...
Economic downturn hits China’s global standing
Despite meeting its 2023 growth target with a 5.2% increase in real GDP, China has encountered a notable economic setback. For the first time in...
Avalanches strand 1,000 tourists in Xinjiang
In a remote village in China's Xinjiang region, around 1,000 tourists are stranded following a series of avalanches that have blocked access routes. The incident,...
Northwest China quake leaves 149 dead and two missing
In a recent update from state media, the death toll from a powerful earthquake in China's northwestern provinces has risen to 149. This significant seismic...
China in the grip of harsh winter as sub-zero temperatures affect millions
China is currently grappling with an intense cold wave, which has led to significant disruptions across the nation. The cold front has caused temperatures to...
WHO probes rise in respiratory illnesses in China
The World Health Organization (WHO) has intensified its focus on China, calling for comprehensive details regarding a surge in respiratory illnesses and specific instances of...
World Bank’s revised outlook for East Asia reflects China’s economic hurdles
Amid concerns about China's economic stability and diminished global demand, the World Bank has revised its growth projections for developing East Asia and the Pacific....
Safety concerns rise as 16 miners perish in China coal mine fire
In a tragic incident on Sunday morning, 16 miners were confirmed dead following a fire at the Shanjiaoshu Coal Mine in Guizhou province, southwest China....