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Traditional pharma firm furthers reform efforts

Yunnan Baiyao, the Kunming-based manufacturer of healthcare products, has had two spectacular decades. Since 1993, the year i

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Chinese yuan weakens to 6.7659 against USD Monday

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 36.00 basis points to 6.7659 against the U.S.

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China sees consumption grow in Spring Festival holiday

Chinese people did a lot of spending over the Spring Festival holiday.The total earnings of retail and catering companies in

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Bringing affordable gas to China

Maarten Wetselaar, Shell's director for integrated gas and new energies, loves sports so much he believes there are clear par

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Renault denounces Nissan over Ghosn investigation: report

Lawyers for French carmaker Renault have criticized their Japanese alliance partner Nissan for its handling of an internal pr

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U.S. stocks slide as growth worries, trade fears linger

U.S. stocks went down on Thursday as fears over a possible slowdown of global growth and trade uncertainties were reignited,

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HMV bought by Canadian music store mogul Doug Putman

A Canadian music entrepreneur has rescued HMV from collapse, taking over 100 shops and safeguarding 1,500 jobs. Doug Putman,

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China's industrial profits up 10.3 pct in 2018

Profits of China's major industrial firms grew 10.3 percent year on year in 2018, but lower than the 21-percent expansion for

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Renault names new leaders as scandal-hit Ghosn bows out

Renault appointed Michelin boss Jean-Dominique Senard as its new chairman on Thursday, after Carlos Ghosn was forced to resig

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APD | Philippine's second year of slowing growth should be a wake-up call

By APD writer Melo M. Acuña Manila,Jan.24(APD)- Private research group IBON said that the second year of slowing growth under

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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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Foxconn to hire 50,000 people in first quarter after job cut reports

Taiwan's Foxconn, assembler of Apple's iPhones, on Tuesday said it was trying to recruit for more than 50,000 positions acros

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Interest rates in focus amid the festival rush

After suspending reverse repos for a week, China's central bank resumed them on Jan 14 in the hope of injecting more liquidit

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Factories in China lead the next industrial wave, said WEF

The World Economic Forum (WEF) continues to highlight smart manufacturing as a way leading to the fourth industrial revolutio

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Google to buy Fossil's smart watch technology for 40 mln USD

Google will pay 40 million U.S. dollars to buy the smart watch technology of Fossil Group Inc. to bolster its wearable busine

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APD | Intense infrastructure development to harness Philippine's growth potential

By APD writer Melo M. Acuna **MANILA,Jan 17.(APD) – **Growth reforms have brought the Philippines to where it is today as “on

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China has second-largest tourism revenue 7 years running

China's tourism revenue, following that of the United States, has been the world's second largest for seven consecutive years