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OPEC+ agrees oil output increase from February

FILE PIC: OPEC+ agrees oil output increase from February. /AP OPEC+ has agreed to stick to its planned increase in oil production for February, four sources from the group said, because it exp

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BizBeat Ep.146: China a critical pillar for European multinationals

02:45 The EU Chamber of Commerce in China has released its latest business confidence index survey, with European firms reporting resilient performance last year. China

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Q1: China's central SOEs report 220% profit growth

China's centrally-administered state-owned enterprises (SOEs) saw robust growth in their profits in the first quarter of 2021, the country's state asset regulator said Friday.The combined net profits

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IMF releases upbeat economic outlook

02:19 European leaders are calling for cooperation between countries - and between the private and public sectors - to overcome the coronavirus pandemic. That’s as the International Mo

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China's central bank tightens limit for firms to borrow abroad

South Korean won, Chinese yuan, Japanese yen and U.S. dollar banknotes are seen on this picture illustration taken in Seoul, South Korea, December 15, 2015. /ReutersChi

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Tesla battery supplier LG Chem forecasts record third-quarter profit

Sign of LG Chem seen on the 21st IE Expo China held in Shanghai, August 14, 2020. /VCG South Korea's LG Chem Ltd, an electric vehicle (EV) battery supplier for Tesla and a petrochemicals maker

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Montenegro is ready for summer tourists after becoming 'COVID-19 free'

01:43 Montenegro is aiming to get ahead of other tourism hotspots this summer after becoming the first European country to declare itself COVID-19 free.Often in the shadow of Croatia,

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China approves capital increase of German reinsurer

China's top banking and insurance regulator pledged efforts to push forward high-level opening up by boosting investment of foreign reinsurers. Hannover Re, a German r

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(Infographic) China beefs up support for ski industry development

BEIJING, March 17 (Xinhua) -- China is ramping up efforts to support the stable development of the epidemic-stricken ski industry and proceeding with preparations for the Beijing 2022 Olympic Winter

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China fast-tracks logistics work resumption to bolster economy

China will support the virus-hit logistics sector to resume work as part of efforts to boost the economy in the battle against the novel coronavirus outbreak, said the

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Taylor Swift ranks as best-selling global artist in 2019

Pop superstar Taylor Swift topped the list of the world's best-selling music artists in 2019, thanks to the success of her album "Lover," beating popular acts including

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Wall Street climbs as U.S.-China phase-one trade deal in focus

U.S. stocks traded on an upbeat note on Wednesday as Wall Street is keeping a close eye on the long-awaited phase-one trade deal with China. At midday, the Dow Jones Industrial Average jumped 143.96