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JD.com reports robust Spring Festival holiday sales

Chinese e-commerce giant JD.com reported robust sales during the Chinese New Year holiday as consumers upgrade their online s

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Outlook for PS4, Switch dims as cloud gaming looms ahead

Despite posting record quarterly earnings on Friday, shares in Sony fell on Monday morning after announcing falling sales of

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Sony boosts profit on tax cut, yen, sales of music, movies

Japanese electronics and entertainment company Sony posted a 45 percent surge in its October-December profit thanks to tax cu

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Deutsche Bank faces questions from authorities investigating Danske

Deutsche Bank said on Wednesday it had received requests for information from regulators and law enforcement agencies around

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Google fined record $57 mln for privacy rule breach

France’s data protection watchdog CNIL fined Alphabet’s Google 50 million euros (57 million U.S. dollars) on Monday for breac

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Grim outlook as China's car sales boom comes to an end

China sold 28.08 million cars last year, down 2.76 percent from 2017, marking the first fall since 1990 in the world's larges

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Chinese firms eyeing S American market

China's trade and investment relations with countries in South America remain solid and are expected to continue to expand, d

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US food manufacturer to establish pet food plant in Tianjin

Mars Incorporated, a US global manufacturer of confectionery, pet food and other food products, has recently signed an agreem

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New apps declare ‘war’ on WeChat, but analysts see defeat

Three new Chinese web warriors on Tuesday coincidentally declared war on Tencent-owned WeChat, the nation's most popular mess

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World's retailers gather in New York to discuss trends, opportunities, challenges

Some 37,000 people from 99 countries gathered on Sunday in New York city's Javits Center to discuss the trends, opportunities

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US-China Business Council pleased with trade talks

The US-China Business Council is pleased the governments of the two countries had substantive discussions over the past three

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Chinese smart phone company Xiaomi shares continue plunge

Xiaomi Corp's share price dropped 6.85 percent in Wednesday's trading, despite its controlling shareholders pledging not to s

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Larger scale tax cuts to be introduced for small, micro businesses

China will unveil larger scale tax cuts and tax exemptions for micro and small enterprises (MSEs), a State Council executive

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New Zealand's largest lobster exporter weighing China's online market

New Zealand's largest lobster exporter said on Sunday it is ready to face Chinese consumers directly by delivering lobsters t

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Chinese SMEs raise 8.76 billion U.S. dollars on new third board in 2018

China's small-and medium-sized enterprises (SMEs) raised 60 billion yuan (8.76 billion U.S. dollars) on the country's "n

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China's power use continues stable growth in November

China's power consumption saw stable growth in November. Electricity use increased 6.3 percent year-on-year last month, sligh

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ofo founder admits bankruptcy fears as wheels threaten to come off

The founder of Chinese bike-sharing company ofo has conceded that the service is on the brink of bankruptcy after a year of “