lockdowns

Apple cuts outlook for iPhone shipments on China lockdowns

Apple Inc. said shipments of its newest premium iPhones will be lower than previously expected after China lockdowns affected operations…

1 month ago

China adds 1t yuan more of stimulus to rescue growth

CHINA stepped up its economic stimulus with a further 1 trillion yuan (RM652.5 billion) of funding largely focused on infrastructure…

4 months ago

Malaysian students allowed to enter China from Aug 24 – Embassy

KUALA LUMPUR – Foreign students holding valid Chinese residence permits for study are allowed to enter China from Aug 24,…

4 months ago

Global business travel won’t see full recovery until 2026

NEW YORK – Inflation, supply chain problems and ongoing Covid-19 lockdowns in China are among the factors conspiring to delay a full…

4 months ago

Hit by China shutdown, Tesla boosts auto prices and sells bitcoin

NEW YORK, United States – Tesla reported solid quarterly earnings Wednesday despite a hit from Covid-19 lockdowns in Shanghai that Chief…

5 months ago

Chinese official sacked for negligence, video game addiction

BEIJING, China – A Chinese official has been sacked for negligence, video game addiction, and a litany of other offences,…

5 months ago

Nearly one in four European firms consider shifting out of China

NEARLY one in four European companies in China are considering shifting their investments out of the country as the ongoing…

6 months ago

China factory activity gradually improves as lockdowns ease

CHINA’S factories still struggled in May, but the slower pace of contraction suggests that the worst of the current economic…

6 months ago

China Plans Tax Relief of Over $21 Billion to Lift Economy

China will offer more than 140 billion yuan ($21.1 billion) in additional tax relief mainly aimed at businesses as it…

7 months ago

Hong Kong Airlines Asks Pilots to Take Leave on Reduced Pay

HONG KONG – Hong Kong Airlines Ltd. has asked pilots to take several months leave on sharply reduced pay as…

7 months ago

Workers at Apple China plant clash with guards over lockdowns

by BLOOMBERG SHANGHAI • Hundreds of workers at a technology factory in China clashed with authorities and flooded past isolation…

7 months ago

Millions in Beijing urged to work from home to fight Covid outbreak

by AFP BEIJING – Millions of people in Beijing returned to work Thursday, many remotely, with scores of subway stations…

7 months ago

China’s Economy Slows Rapidly as Covid Zero Lockdowns Bite

by BLOOMBERG CHINA’S economic activity contracted sharply in April as the lockdown of Shanghai and other areas around the country…

7 months ago