Global Times

China’s Communist Party (CCP) mouthpiece Global Times warned the U.S. of retaliation after the House of Representatives Speaker Nancy Pelosi's visit to the Chinese-claimed self-ruled island angered Xi Jinping's government. Xi government's flagship newspaper published quotes from...

Chinese e-commerce platforms Alibaba Group Holdings (NYSE: BABA) and JD.com Inc (NASDAQ: JD) kicked off the annual mid-year online shopping festival “6.18” with record sales as the country struggles to reach full recovery from the coronavirus pandemic, China’s state newspaper...

Short-form video app TikTok is reportedly in negotiations to list on the Intercontinental Exchange Inc (NYSE: ICE)-owned New York Stock Exchange. What Happened: The ByteDance-owned Chinese social media company is holding preliminary talks to list on the NYSE, as per a tweet from the state-...

Tesla Model Y Tesla Inc (NASDAQ: TSLA) is taking legal action againt a Chinese tech media outlet called PingWest that earlier reported of harsh working conditions and quality control problem at Tesla's Shanghai Gigafactory. What Happened: Tesla reportedly has sent an "indictment" and...

Beijing is tightening its lockdown, closing schools and cancelling around 60% of inbound and outbound commercial flights as authorities raised the alert level Wednesday to contain a second wave of coronavirus.  Benzinga is covering every angle of how the coronavirus affects the...

FedEx Corp (NYSE: FDX) shares were moving down Monday on a report of a Huawei smartphone shipped from the U.K. to the U.S. that was returned by the carrier.  FedEx apologized for the "operational error" made in not delivering a Huawei smartphone to a U.S. address, according to the...

China will release official 5G business licenses to major carriers in the country Thursday, according to China's Global Times, an newspaper aligned with the country's Communist Party.  This is a significant move on China's part in attempting to maintain its position in...

The ramp in trade tensions between the U.S. and China this month wiped $1.1 trillion in value from the S&P 500 in less than two weeks. Stock investors aren’t the only ones rattled by the trade war, as the bond market is also feeling the impact. Treasury Auction Disappoints On May 8, the...