The Beijing-based company said Tuesday that fourth-quarter net profit rose 90% from a year earlier to 9.00 billion yuan, equivalent to $1.24 billion. After adjusting for share-based compensation and ...

China's Xiaomi on Tuesday reported an almost 50% jump in fourth-quarter revenue, beating analyst estimates, and raised its target for electric vehicle deliveries this year to 350,000 from 300,000. The ...

As global markets face headwinds from trade policy uncertainties and inflation concerns, Asia's tech sector continues to capture attention, particularly as Chinese markets rally on stimulus hopes. In ...

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Better-than-expected economic numbers weren’t enough to buoy stocks, with the S&P 500, Nasdaq Composite and the Dow Jones indexes all opening lower.

Tesla stock fell nearly 5% Monday, continuing a rough few weeks — and start to 2025 — for the automaker. Shares of the EV ...

The initial public offering in December 2020 raised more than HKD 1.4 billion for Vesync. The firm is in a net cash position as at the end of 2024. It has an asset-light business model with low ...

CCS Insight found the second-hand smartphone segment grew 6 per cent year-on-year in 2024, surpassing the growth of the primary market.

Historically, India’s manufacturing sector has faced several challenges. The sector has long been hampered by complex regulations, high labor costs, inadequate infrastructure, and an inefficient ...

China's Xiaomi reported a 48.8% rise in fourth-quarter revenue on Tuesday, boosted by strong electric vehicle and smartphone sales.