Japan bucks private equity slowdown in Asia Pacific with deal value soaring 183% last year
The total value of private equity deals in Asia Pacific last year fell to its lowest since 2014 as fundraising…
Chinese EV maker Nio releases a smartphone it expects at least half of its users to buy
SHANGHAI — Chinese electric car brand Nio on Thursday released an Android smartphone, which the company expects at least half…
Huawei says applying 5G technology to business was more difficult than expected
SHANGHAI — Huawei’s Chief Financial Officer Meng Wanzhou said Wednesday that applying 5G technology to business was more difficult than…
Investors are eyeing China’s neighbors as the recovery from ‘zero-Covid’ slows
China’s lackluster economic recovery since emerging from strict “zero-Covid” lockdowns has caused weaker sentiment toward the country, prompting investors to…
Volkswagen takes on China’s EV market with a higher-end car and $1 billion investment
BEIJING — German automaker Volkswagen is investing about $1 billion in China for electric car development, and releasing a vehicle…
Nio says it won’t join the ‘price war’ and slash prices like Tesla
SHANGHAI — Chinese electric car company Nio will keep its prices high rather than cut them, CEO William Li told…
