BRIEF: Yue Yuen profit slips as tariffs cloud footwear demand
Sports footwear manufacturer Yue Yuen Industrial (Holdings) Ltd. (0551.HK) said on Wednesday that its revenue last year fell 1.8% year-on-year to $8.03 billion, while its net profit declined 2.9% to…
BYD hits tariff roadblock after ramping up Mexico sales
The Mexican government’s plans to raise tariffs on Chinese-made cars to 50% could stall BYD’s growth engine in the North American market Key Takeaways: The Chinese car maker supplies nearly…
Mounting challenges take the fun out of Playmates Toys
The once dominant toy maker has struggled since last year, and its downward spiral accelerated in the first half of 2025 Key Takeaways: Playmates Toys reported its revenue plunged nearly…
BRIEF: Shein hikes U.S. prices as much as 377%
Fast-fashion giant Shein has sharply increased its prices in the U.S., with the cost for some items surging by as much as 377%, ahead of new tariffs on small parcels,…
BRIEF: TSMC’s profit jumps in first quarter, unaffected by tariff impact
Taiwan Semiconductor Manufacturing Co. Ltd. (TSM.US; 2330.TW) reported on Thursday its revenue reached T$839.25 billion ($25.53 billion) in the first quarter, up 35.3% year-on-year. Its net profit rose for the…
WuXi group wrestles with uncertainty over pharma tariffs
Drugs services giant WuXi AppTec cashed in a stake in Wuxi XDC to soften the blow from a first round of Trump tariffs, as the pharma sector braces for another…
BYD drives ahead on European journey, undeterred by new tariffs
China’s leading EV maker unveiled plans to bring its cars to Germany, even as talks between China and the EU to head off European EV tariffs remain deadlocked Key Takeaways:…
