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TikTok looking to spread wings in overseas markets

Short video app TikTok is eyeing a bigger presence in the United States after settling a dispute involving its sister app for

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APD | Sri Lanka picks Chinese company to maintain part of coal power plant

By APD writer Easwaran COLOMBO, Feb. 28 (APD) -- Sri Lanka has picked a Chinese company to maintain part of a coal power plan

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Central bank taking steps for a multi-level capital market

China's central bank will take further steps to encourage equity financing and facilitate capital market reforms to diversify

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In a shift, Buffett says focus on Berkshire's stock price

Warren Buffett has long told investors in his Berkshire Hathaway Inc they should not pay so much attention to what its stock

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Amazon reportedly pays no tax in 2018

A recent report showed that U.S. e-commerce giant Amazon did not pay federal income taxes in 2018. Published Wednesday by the

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Singapore's non-oil domestic exports to Chinese mainland falls 25.4 pct in January

Singapore's non-oil domestic exports (NODX) to Chinese mainland decreased by 25.4 percent year-on-year in January, compared t

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U.S. toy industry to discuss expansion in Brazil, China at int'l toy fair

The U.S. toy industry will discuss strategies for expansion in Brazil and China, two of the world's most populous countries h

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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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Suning to acquire 37 Wanda department stores

Suning.com, the retail unit of Suning Holdings Group Ltd, announced on Feb 12 that it will acquire a total of 37 department s

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Tesla cuts Model 3 price for second time this year

Tesla Inc said on Wednesday it was lowering the price of its Model 3 sedan by $1,100, after the electric carmaker ended its c

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China to combine QFII, RQFII schemes to boost foreign investment

To further open up China's capital markets and attract long-term investment from overseas, the country's securities watchdog

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South China's Guangdong sets new target for economic growth this year

South China's Guangdong province is set to achieve 6 percent to 6.5 percent in economic growth this year, said Governor Ma Xi

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iPhone Q4 shipments plunge in China amid competition, patent battle

Apple's iPhone shipments in China plunged 22 percent in the final quarter of 2018 as the U.S.-based tech giant struggles in t

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Realty forecasts underline mild correction, overall stability

A moderate slowdown but overall a return to a healthier cycle - that, in brief, is experts' prediction for China's real estat

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Spotlight: Morgan Stanley posts disappointing Q4 earnings amid market turmoil

Morgan Stanley's earnings results for the fourth quarter of 2018 (4Q2018) turned out to be inferior to market estimates on Th

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Eurozone industrial slump sparks recession fears

Eurozone industrial output fell to a near three-year low in November, reflecting falling sentiment across the region as conce

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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