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Shares of British chip designer Arm fell 8.8% in premarket trading on Thursday, as lackluster revenue guidance clouded a positive sales quarter driven by demand for artificial intelligence applications.
BEIJING — China's customs agency released data Thursday that showed exports rose in-line with expectations in April, while imports surged ahead of forecasts.
SINGAPORE -- Global business leaders are increasingly looking to India and Southeast Asia as alternative supply chain destinations while trade relations between China and the U.S. deteriorate, a poll by PwC published Thursday shows.
TAIPEI -- China accounted for 30.7% of Taiwan's exports for the first four months of the year, nearing a low last seen more than two decades ago for the island's biggest trading partner.
SHANGHAI/PARIS -- Chinese President Xi Jinping is performing a delicate balancing act during his trip to Europe, analysts said, as he seeks to bolster economic ties with the region while facing growing pressure to fix trade imbalances and intervene in the Ukraine war.
HONG KONG -- China's exports grew slightly in April amid increasing scrutiny of its trade by the U.S. and Europe, posing questions over whether the momentum will last.
Futures linked to the Dow Jones Industrial Average hovered near the flatline Wednesday evening after the 30-stock index posted its sixth consecutive winning day.
BANGKOK (AP) — The prime minister of Thailand, the first country in Asia to legalize cannabis two years ago, said Wednesday that he wants to outlaw the drug again amid concerns that the lack of regulation had made it available to children and increased crimes.