EV Startup VinFast’s Market Debut Pushes Value Higher Than GM, Ford
Shares in the Vietnamese electric car company more than tripled in its first day of trading, giving it a roughly...
Developing Economies
China Torpedoes Intel’s Bid to Buy Israeli Chip Maker Tower Semiconductor
Intel scrapped its more-than-$5 billion offer to buy Tower after Chinese regulators failed to approve the deal in time, the...
Estée Lauder’s Big Bet on China Is Looking Not So Pretty
Estée Lauder’s longtime chief, Fabrizio Freda, is under pressure to show he can turn around the beauty giant’s key China...
China Slashes Rates, Suspends Youth Jobless Data as Economy Signals Sharper Downturn
Updated Aug. 15, 2023 3:35 am ETListen to article(2 minutes)SINGAPORE—Chinese officials said they would stop reporting the country’s youth unemployment...
This Was Supposed to be the Antidote for TikTok Brain. It’s Just as Bad.
YouTube Shorts adds “short bursts of thrills” to kids’ digital diets, making it harder to pull away. Source link
How U.S. and China Are Breaking Up, in Charts
Listen to article(2 minutes)A deepening confrontation between the U.S. and China is eroding trade ties between the world’s two largest...
Diamonds Are on Sale. They Won’t Be Forever.
A postpandemic glut has led to falling prices for some gems, but they are likely to bounce back. Source link
U.S. and China Poised to Drift Further Apart After Investment Ban
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Biden Restricts U.S. Investment in China
The executive order also requires U.S. private-equity and venture-capital firms to disclose certain investments in the country. Source link
