Charleston Lim
Writer
The Latest
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LabCorp Withdraws 2020 Guidance After Reporting Q1 Net Loss
LabCorp reported a net loss of $317.2 million on revenues of $2.82 billion for the first quarter of this year. 
LabCorp reported a net loss of $317.2 million on revenues of $2.82 billion for the first quarter of this year. -
JD.com Files Secondary Listing In Hong Kong, Sources Say
JD.com had reportedly already submitted a confidential filing with the Hong Kong Stock Exchange for its secondary listing. 
JD.com had reportedly already submitted a confidential filing with the Hong Kong Stock Exchange for its secondary listing. -
US Securities and Exchange Commission Launches Luckin Coffee Probe
The SEC is also seeking the cooperation of Chinese regulators for its own investigation into Luckin Coffee's financial reporting. 
The SEC is also seeking the cooperation of Chinese regulators for its own investigation into Luckin Coffee's financial reporting. -
African Swine Fever Cases In China Reimerges, Threatening Industry
All of the new cases reported were traced back to transported hogs between provinces and outside China. 
All of the new cases reported were traced back to transported hogs between provinces and outside China. -
Chinese EV Firm NIO Secures $1 Billion Lifeline As Part Of Deal
NIO secured the funds from three strategic investors, which required NIO to agree to certain terms, including the establishment of a new company called NIO China. 
NIO secured the funds from three strategic investors, which required NIO to agree to certain terms, including the establishment of a new company called NIO China. -
Boeing To Cut 16,000 Jobs After Reporting First-Quarter Loss
The pandemic combined with its already low sales numbers due to the ongoing grounding of its planes has forced Boeing to further slash its workforce and scale down production. 
The pandemic combined with its already low sales numbers due to the ongoing grounding of its planes has forced Boeing to further slash its workforce and scale down production. -
Property Buying Surges In Mainland China After Lockdowns Lifted
Months of pent-up demand has resulted in a surge in homes sales across major cities across China. 
Months of pent-up demand has resulted in a surge in homes sales across major cities across China. -
Merck Expects $2.1 Billion Sales Hit From Coronavirus Pandemic
Merck expects a huge hit on its sales this year given that more than two-thirds of its products need to be administered by doctors. 
Merck expects a huge hit on its sales this year given that more than two-thirds of its products need to be administered by doctors. -
Chinese Regulators Raid Luckin Coffee Offices Amid Financial Probe
Officials from China's State Administration of Market Regulation reportedly raided the offices of Chinese coffee chain retail operator Luckin Coffee. 
Officials from China's State Administration of Market Regulation reportedly raided the offices of Chinese coffee chain retail operator Luckin Coffee. -
HSBC First-Quarter Profits Fall By Nearly 50 Percent Amid Ongoing Crisis
HSBC attributed its poor performance for the quarter on the economic impact of the coronavirus pandemic and the continually lowering global oil prices. 
HSBC attributed its poor performance for the quarter on the economic impact of the coronavirus pandemic and the continually lowering global oil prices.
