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CHINA FACTORY NEWS
Russia repels drone attack over Leningrad region as economic forum kicks offRussia intercepted 50 drones over Leningrad region overnight. This comes as President Putin's economic forum, the 'Russian Davos', starts i...- China factory activity slows in MayChina's manufacturing activity slowed in May, with the official factory PMI slipping to 50 from 50.3 in April, as a five-day holiday disrup...
- Fishermen are being pushed to the brink by fuel costs in Southeast AsiaRising energy, freight, and supply chain expenses are escalating seafood prices globally. Governments offer aid, but it's stretched thin, i...
- US to invest $2 billion in IBM, other quantum computing firmsUS government will invest $2 billion in nine quantum computing firms, including IBM’s new chip venture Anderon, to strengthen America’s lea...
- Want to jump into the 'China is back' rally? Tread carefullyInvestors are increasingly betting that “China is back” as the economy rebounds from years of deflation, helped by strong manufacturing, ex...
- 21 killed, 61 injured in blast at fireworks factory in ChinaA devastating explosion at a fireworks factory in China's Hunan province has claimed 26 lives and injured 61 people. The blast occurred at ...
- India is blocking a cheap way to beat the heat wave, one tweak in AC can lower costsIndia faces a cooling crisis as soaring temperatures drive unprecedented electricity demand. While AC sales surge, a safer, cheaper, and mo...
- Chinese firm shuts Gwadar plant in Pakistan, lays off workers amid lossesA Chinese firm has ceased operations in Gwadar citing business difficulties. This development raises concerns ahead of Prime Minister Shehb...
- How long before Iran breaks under crushing US pressure?Iran and the US face a prolonged standoff. The US is intensifying economic pressure on Iran's economy. Iran indicates it can withstand the ...
- US orders chip equipment companies to halt some shipments to China's No. 2 chipmaker Hua HongAmerica has moved to curb China's chip ambitions. The US Commerce Department has directed chip equipment companies to stop sending tools to...
- How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
- Chery Tiggo V: This wild Chinese SUV can turn into a pickup truck and even a camperChery Tiggo V: Chery has unveiled the 2027 Tiggo V, a versatile three-row family SUV capable of transforming into a dual-cab ute. This inno...
- Tesla says to add 1,000 jobs in GermanyElon Musk's automotive and robotics company Tesla said Thursday that it would hire more than 1,000 people in Germany, a rare bright spot in...
- Billions in Wealth, Millions in Pay: A look at Tim Cook’s earnings story at Apple; all about his net worth and paycheckApple's CEO Tim Cook is stepping down in September 2026. Veteran executive John Ternus will take over the top role. Cook will become execut...
- Is a college education still worth it in India?India must confront the impact of AI on jobs due to its large youth population, reliance on software services, and an oversupply of graduat...
- China's factory activity contracts for a second monthChina economy: The official manufacturing purchasing managers index, or PMI, slipped to 49 from 49.3 in January, a four-month low, the Nati...
- China’s manufacturing slumps, dragging down Asia factoriesThe country's economic data- Caixin index of manufacturing activity plunged to 49.2 last month, a six-month low. This indicates contraction...
- Asia's factory activity slows in May as China COVID curbs weighManufacturers slowed activity last month in countries ranging from Japan to Taiwan and Malaysia, a sign of the challenge policymakers face ...
- Starbucks chicken products off shelves in ChinaLaw enforcement officials have suspended production at a suburban plant of Shanghai Husi Food Co., and further investigation is underway, t...
- 1,500 jobless as another China factory shuts: ReportHong Kong-listed appliance maker shut its southern China factory on Monday, state media reported, making it the latest victim of the world ...
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