US-listed Chinese video streaming service iQiyi accused of inflating its figures

TAIPEI (Taiwan News) – Just like Luckin Coffee and TAL Education, another United States-listed Chinese firm, iQiyi, has come under fire for allegedly faking key data about its performance, repor...

Employee at Chinese education company in US forged figures

TAIPEI (Taiwan News) — After Luckin Coffee and iQiyi, another Chinese company, TAL Education, has also been accused of cooking its books, leading its share price to slide precipitously, reports ...

Shares China’s Luckin Coffee plunge 81% after fake data claims

TAIPEI (Taiwan News) — Shares of the popular Chinese coffee chain Luckin Coffee (瑞幸咖啡) on Friday (April 3) sank as much as 81 percent after the company revealed in a statement that its senior ex...

Energizer, ADT advance; Bank of America, Canadian Solar slip

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday: Energizer Holdings Inc., up $6.38 to $48.38 The battery and personal care products m...

Luckin Coffee squeezing into Chinese juice market

AMSTERDAM (AP) — Luckin Coffee is squeezing into the juice business. The Chinese rival to Starbucks is establishing a joint venture with Dutch-headquartered agricultural goods produc...

Business Highlights

___ Mounting tensions with Iran, China leave oil prices in flux NEW YORK (AP) — A rare mix of geopolitical tensions in the Middle East and China is tugging oil pric...

Luckin, a Starbucks rival in China, jolts higher in US debut

NEW YORK (AP) — Luckin Coffee, a fast-growing rival to Starbucks in China, jolted higher in its U.S. stock market debut Friday. The Chinese company, which opened its first store in B...

Luckin, a Starbucks rival in China, jolts higher in US debut

NEW YORK (AP) — Luckin Coffee, a fast-growing rival to Starbucks in China, jolted higher in its U.S. stock market debut Friday. The Chinese company, which opened its first store in B...

Starbucks, Alibaba announce China delivery venture

BEIJING (AP) — Starbucks and Chinese e-commerce giant Alibaba Group have announced a coffee delivery venture that adds to growing competition in China's premium coffee market. Starbu...