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1 min read

Weibo soars 48% on report that China's Twitter may go private

A consortium involving Weibo's chairman may offer up to a 100% premium for a potential buyout, Reut…

Carla Mozée   


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1 min read

China's Weibo reportedly shuts down accounts for stock tips as Beijing targets content it deems damaging

Weibo has closed at least 52 accounts, the largest of which had more than 3 million followers, acco…

Carla Mozée   


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2 mins read

The Chinese government has reportedly taken stakes in ByteDance and Weibo as its hold on tech tightens

In the wake of the ByteDance news, Sen. Marco Rubio, a noted China hawk, called on the Biden admini…

Ethan Wu   


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1 min read

A Porsche dealership in China accidentally priced a car at an 88% discount and hundreds of people rushed to put deposits down

A Porsche dealership in Yinchuan, China, listed a Panamera for a mere 124,000 yuan, or $18,000, on …

Bianca Giacobone   


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2 mins read

Global stocks edge higher on expectations the Fed will calm inflation jitters, and bond complacency creeps in

"The Dow could look increasingly jittery, as Wednesday's Federal Reserve meeting approaches," said …

Shalini Nagarajan   


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Top Stories this AM: Stocks rise despite energy crunch, Evergrande; how to make money mining bitcoin - from home; Musk goes nuclear

US stock futures rose on Wednesday, pointing to a rebound at the open after equities suffered their…

INSIDER   


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3 mins read

The ECB says Twitter can predict the stock market

The ECB found that a one point move on the Daily Sentiment Index, a survey currently used, leads to…

Oscar Williams-Grut   


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1 min read

Chinese Internet Stocks Are Getting Slammed

58.com, which operates an online marketplace, reported first quarter profit that fell a penny short…

Myles Udland   


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5 mins read

China has destroyed its stock market in order to save it

(Additional reporting by Pete Sweeney, Kazunori Takada and Adam Jourdan in Shanghai, Shu Zhang and …

Greg McKenna,Reuters   


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3 mins read

Chinese Reform Plan Leaks And The Stock Market Surges

"The move up today in the A-share market was mainly driven by the leaked draft document that gave p…

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6 mins read

American fast-food giants are going big on a China wager, betting they can get the country's new middle class to love them back

As KFC and McDonald's struggle globally, they're driving hard into China with aggressive store expa…

Matthew Loh   


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2 mins read

China's throat-burning national liquor is now available as an ice cream, and people are being advised not to eat and drive

Moutai, also known as "firewater," is notorious for its high alcohol by volume. Chinese people rega…

Katie Boon   


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2 mins read

The world's 'most inconvenient' convenience store hangs on the side of a cliff in China, selling bottled water and snacks to parched climbers

"The store doesn't make much money, but the tourists are very grateful for it, so we all feel like …

Waiyee Yip   


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4 mins read

10 things before the opening bell

There's a perfect storm for rising energy costs, and gas prices are surging. This and more, in toda…

Phil Rosen   


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2 mins read

Alibaba's bizarre annual traditional of holding a mass wedding ceremony for its employees continued this year — without founder Jack Ma

This is the 17th year the company has held the group wedding. In order to take part, at least one m…

Weilun Soon   


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2 mins read

China says it arrested over 1,100 suspects and busted 170 criminal gangs in a crypto-related money-laundering crackdown

China's arrests came about a month after it banned financial institutions from crypto-related payme…

Shalini Nagarajan   


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2 mins read

10 things you need to know before the opening bell

Stocks are mostly up. In Europe, Germany's DAX rose 1%, Britain's FTSE 100 rose 0.4%, and the Euro …

Shalini Nagarajan   


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2 mins read

A Chinese ride-hailing company is so unhappy with its fleet of 278 Tesla cars that it bought billboards in Times Square to demand refunds

Last week, video of a Tesla Model S catching fire in a Shanghai parking garage made waves on social…

Graham Rapier   


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2 mins read

Tesla is investigating why a Model S appeared to explode in a Shanghai parking garage

Last week, another Model S caught fire shortly after being towed to a repair shop in Pennsylvania, …

Graham Rapier   


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2 mins read

Alibaba billionaire Jack Ma, China's richest man, pledged $14.5 million to fight the coronavirus

According to Bloomberg, Tencent has donated 300 million yuan ($43.5 million) of goods and will prov…

Charlie Wood