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China's central SOEs report strong profit growth in 2018

China's centrally-administered state-owned enterprises (SOEs) saw strong revenue and profit growth in 2018, official data sho

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China's door opens wider for overseas in 2019, with full ownership likely in some financial sectors: analysts

China is looking to open its doors even wider this year to overseas investors by measures such as encouraging foreign compani

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China's foreign trade hits historic high in 2018

China's foreign trade rose 9.7 percent year on year to a historic high of 30.51 trillion yuan (about 4.5 trillion U.S. dollar

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Apple fights back locally with price cut

Apple Inc, which this week took the rare step of cutting its sales forecast in the face of the rise of China’s smartphone mak

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China's e-commerce hub to build credit evaluation mechanism

China's e-commerce hub Hangzhou, the capital of Zhejiang Province, plans to build a credit evaluation mechanism in two years

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China slowdown, trade disputes weigh on Asia factory activity

Factory activity weakened across Asia in December as the Sino-U.S. trade war and a slowdown in Chinese demand hit production

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HMV collapses into administration, putting 2,200 jobs at risk

HMV has become the first casualty of a slump in Christmas trade on the high street, collapsing into administration for the se

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Starbucks gets closer to customers with virtual store

World-leading coffee chain Starbucks said it will further enhance its digital collaboration with Alibaba Group by launching i

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APD | India: Reserve Bank of India chief resigns

By APD writer Rishika Chauhan NEW DELHI, Dec.11(APD) -- Urjit Patel, the governor of India’s Reserve Bank of India (RBI) resi

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APD | Thailand approves incentive schemes to support infrastructure development for Eastern Economic Corridor

By APD writer Juicy Chan BANGKOK, Nov.29 (APD) -- Thai authorities recently approved investment incentive scheme for bidding

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APD | Vietnam attracts 30.8 billion USD in FDI

By APD writer Alice Hanoi, Nov. 29 (APD) -- Foreign investors registered a total of 30.8 billion USD in direct investment in

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China not seriously considering U.S. Treasuries as trade war weapon

China’s ambassador to the United States said on Tuesday he does not believe Beijing is seriously considering using its massiv

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Spaniard Rodrigo named Vietnam's national futsal team coach

Miguel Rodrigo of Spain has started to work as head coach of Vietnam's national futsal team in the 2017-2020 period. Rodrigo,

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Sales on "Cyber Monday" hit record high

Online sales on "Cyber Monday" increased to 2 billion U.S. dollars, a new record driven by surging use of mobile devices, acc

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Iran reiterates support for political solution to Syria crisis

Iranian Vice President Eshaq Jahangiri said Tehran's main policy on Syria is to support the Arab state in its campaign agains

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Collapse accident kills two in World Cup stadium, Sao Paulo

Two construction workers were killed Wednesday during the collapse of a part of the ceiling in Itaquerao stadium in Sao Paulo

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Russia destroys three quarters of its chemical weapons stockpiles

Russia has destroyed over three quarters of its chemical weapons stockpiles, a Russian official said Tuesday. "We've got a ye