The New York Stock Exchange closing bell rang as markets watched SpaceX's planned record initial public offering. The Elon Musk-led rocket and satellite company is seeking a valuation of around $1.76 trillion, with plans to sell 555,555,555 shares at an initial price of $135 each. If completed, the IPO could raise about $75 billion, potentially shattering the record set by Saudi Aramco in 2019.

"We should have brought more empty suitcases," Gloria Guevara, World Travel & Tourism Council (WTTC) president and CEO, told the Global Times on Wednesday, recalling a recent family trip to China that ended with extra baggage fees after extensive shopping.During a 10-day visit last year, Guevara

China's industrial subsidy policy is strictly within World Trade Organization (WTO) rules, Chinese foreign ministry spokesperson Mao Ning said on Wednesday. Mao made the remarks at a daily press briefing when asked to comment on a report released by the Organization for Economic Co-operation and

The 29th St. Petersburg International Economic Forum (SPIEF) opened here on Wednesday, bringing together about 20,000 representatives from political, business and academic circles from more than 100 countries and territories.

China is steadily expanding the opening up of the telecom sector, with 166 foreign-funded enterprises having received approvals for pilot operations in value-added telecom services since the first batch of such approvals was issued in February 2025, the Ministry of Industry and Information

Japanese automaker Nissan and Chinese automaker Chery have signed a preliminary agreement to explore the production of Chery vehicles at Nissan's Sunderland plant in northeast England, as the Japanese group seeks to make better use of spare capacity at Britain's largest car factory.