Sino Biopharmaceutical plans to acquire the remaining 95.09% of LaNova Medicines for up to USD 951 million, raising its stake to 100%. After accounting for LaNova’s estimated USD 450 million in cash, ...

Huawei topped China’s smartphone market in Q2 2025 for the first time in four years, taking an 18.1% share despite a 3.4% drop in shipments, IDC said. National smartphone sales fell 4% amid weak ...

Klook is exploring a US IPO that could raise USD 300–500 million, according to sources. Backed by SoftBank and Goldman Sachs, the travel booking platform turned profitable in 2023 and may file ...

Ganfeng Lithium and Tianqi Lithium issued profit warnings for the first half of 2025, citing falling lithium prices and sector volatility. Ganfeng expects net losses of RMB 300–550 million, while ...

ASML beat Q2 2025 estimates with EUR 7.7 billion in sales and EUR 5.5 billion in bookings but warned of potential flat growth in 2026 amid rising global uncertainty. The company also trimmed its 2025 ...

Sino Biopharmaceutical plans to acquire the remaining 95.09% of LaNova Medicines for up to USD 951 million, raising its stake to 100%. After accounting for LaNova’s estimated USD 450 million in cash, ...

JPMorgan CEO Jamie Dimon said the bank will engage with stablecoins and its own JPMD token “to understand it, to be good at it,” despite his longstanding skepticism of crypto. The blockchain-based ...

Tesla has launched the Model Y in India, starting at nearly USD 70,000, well above US pricing, due to high import duties and taxes. The debut coincides with the opening of its first showroom in Mumbai ...

CMB International Securities has received a virtual asset licence from Hong Kong’s Securities and Futures Commission, becoming the first mainland Chinese broker approved to offer crypto trading, ...

Latam-GPT, Latin America’s first open-source LLM, is set to launch in September with 50 billion parameters. Led by Chile’s CENIA and supported by over 30 partners, the project centers on local ...

Air China, China Southern Airlines, and China Eastern Airlines reported estimated H1 2025 losses totaling up to RMB 5.55 billion, citing fare competition, weak demand, and macro headwinds. Regulators ...

Shenzhen has launched a global-first project deploying 41 autonomous delivery robots to restock over 100 7-Eleven stores across its subway system. Operated by a Vanke logistics unit, the robots board ...