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APD | Vietnam officially exports mangoes to US

By APD writer Alice **Hanoi, Feb. 19 (APD) ** – Vietnam has now begun officially exporting its mangoes to the US market, afte

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China's CRRC sets up financial leasing arm for overseas services

China's CRRC Corporation Limited, the world's largest supplier of rail transit equipment, has recently opened its financial l

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Alibaba to take Bilibili's 8-percent stake

The Chinese e-commerce giant Alibaba group is to buy 24 million shares of stock from Bilibili, a leading online entertainment

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Banks target asset management

A broader range of asset management activities are set to become integral to Chinese banks, following new rules. The banking

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APD | ADB gets into offshore Philippine PESO bond Market

By APD writer Melo M. Acuna Manila, Feb.8(APD) – The Asian Development Bank (ADB) has raised P5.2204 billion or US$100 millio

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Stock rally flags after strong U.S. data, bond yields rise

Bond yields rose and stock markets mostly edged higher on Friday after U.S. employment and manufacturing data underscored a s

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Mobile pay encouraging tourists to spend more

Chinese travelers are spending more money than ever on overseas trips, with 60 percent of visitors to Europe identifying mobi

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APD | Philippine banking system's stability and soundness became pillar of economic strength

By APD writer Melo M. Acuna MANILA, Jan.29(APD) – Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla said while 2

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APD | Philippine remains one of the fastest-growing economies in Asia

By APD writer Melo M. Acuña MANILA, Jan.24 (APD) – Socioeconomic Planning Secretary Ernesto M. Pernia said the country’s econ

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Tesla's Model 3 gets green light in Europe

Tesla's Model 3 has been given the green light to hit the road in Europe, clearing the final hurdle for the European introduc

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BMW, Daimler plan cooperation in autonomous driving: report

German car manufacturers BMW and Daimler are planning to cooperate in the development of autonomous driving systems, the Germ

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China’s answer to slowing consumption: 2.5-day weekend

Tough times call for tough measures. Or so it seems to be the case in a growing number of Chinese provinces, as they are look

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China to remain top market for Asia-Pacific economies: think tank

Despite a recent decline, China will remain the prime destination for Asia-Pacific (APAC) exports for several years to come,

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HK businesses reap rewards from new trade arrangement

About 24 billion yuan ($3.5 billion) worth of Hong Kong goods imported through Shenzhen Customs have been exempted from tarif

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Tesla to start delivering Model 3 to China buyers in March

Tesla Inc (TSLA.O) said on Friday it plans to start delivering Model 3 cars to customers in China in March, cementing a time

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Apple cuts sales forecast as China sales weaken; iPhone pricing in focus

Apple Inc on Wednesday took the rare step of cutting its quarterly sales forecast, with Chief Executive Tim Cook blaming slow

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Oil starts 2019 with gains, as traders gear up for volatile year

Oil markets began 2019 in positive territory on Wednesday, as traders prepare for a likely volatile year of trading amid soar