US Tops China on Fortune 500 List for First Time Since 2018
A total of 139 U.S. companies made the 2024 Fortune Global 500 list, topping China’s 133 companies, in a first since 2018. U.S.-based retailers Walmart and Amazon topped the list, with China’s State Grid electric utility third, followed by the Saudi oil
A Hong Kong court on Monday adjourned a hearing for a petition seeking the liquidation of China’s Kaisa Group until Sept. 9. This comes after a judge in June gave the developer a seven-week adjournment to work out a restructuring plan, stating there was
Hong Kong’s top court on Monday rejected a bid to overturn the convictions of seven prominent pro-democracy activists, including media mogul Jimmy Lai, for their roles in the 2019 protests. Lai, 76, founder of the now-defunct liberal newspaper Apple Daily;
Philippines Foreign Secretary Enrique Manalo said on Aug. 12 that the country will file a diplomatic protest with China over a recent incident involving the Chinese military and the Philippine air force. Two Chinese aircraft on Aug. 8 dropped flares in the