China auto sales fell 4% in October, 16th month of decline
Auto sales in China fell for a 16th consecutive month in October, with the number of new energy vehicles (NEVs) sold contracting for the fourth month in a row, data from the country’s biggest auto industry association showed.
Asian shares a sea of red as HK chaos hits sentiment
Asian shares sank on Monday, the safe haven yen rose and gold jumped as fresh violence broke out in Hong Kong, while uncertainty still remained over whether the United States and China could end their damaging trade war.
China’s auto industry discusses ways to boost rural car sales: sources
China’s auto industry executives met with government officials over the weekend to discuss ways to promote higher car sales in rural areas, sources familiar with the matter said.
On Singles’ Day, green groups warn of China’s surge in packaging waste
Accumulated waste from China’s e-commerce and express delivery sectors stands to more than quadruple by 2025 unless action is taken to rein it in, green groups said on Monday, as an online shopping spree known as Singles’ Day broke new sales records.
Oil drops on concern over U.S.-China trade talks progress, oversupply
Oil prices fell on Monday amid renewed doubts over the prospects of a trade deal between the United States and China, while concerns over excess supplies also weighed on the market.
Alibaba Singles’ Day sales hit $23 billion in first nine hours
Chinese e-commerce giant Alibaba Group Holding Inc on Monday said sales for its annual Singles’ Day shopping blitz hit 158.31 billion yuan ($22.63 billion) in its first nine hours, up 25% from 126.72 billion yuan at the same point last year.
Asian shares give up gains as Hong Kong chaos hits sentiment
Asian shares reversed gains on Monday, the yen ticked higher and gold jumped as fresh violence broke out in Hong Kong, while uncertainty still remained over whether the United States and China could end their damaging trade war.
Kaiser Permanente CEO Bernard Tyson dies unexpectedly at 60
Bernard J. Tyson, chairman and chief executive officer of not-for-profit health insurer Kaiser Permanente, died unexpectedly in his sleep on Sunday, aged 60, the company said in a statement.
Oil slips on jitters over U.S.-China trade talks progress
Oil prices fell on Monday on renewed caution over the prospects of a trade deal between the United States and China, with investors shrugging off comments over the weekend by U.S. President Donald Trump that talks were going well.
Apple co-founder says Apple Card algorithm gave wife lower credit limit
Apple Inc co-founder Steve Wozniak joined in the online debate over accusations of gender discrimination by the algorithm behind the iPhone maker’s credit card, fueling scrutiny of the newly launched Apple Card.