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China's ofo takes bike-sharing craze to Thailand

Thailand is the fifth overseas market for ofo, known for its signature yellow bikes, following Singapore, the United States, Britain and Kazakhstan.

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Saint Laurent launches online store in China

World famous French fashion house Saint Laurent has launched an online store in China, according to media reports.

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Wall Street is sending huge warning signs for stocks

ToagrowingchorusofstrategistsandinvestorsacrossWallStreet,thestockmarketlookslikeit'sheadedforarudeawakening.TheirmountingpessimismcomesatatimewhenUSequitiesare

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Beijing zoo wholesale market closes down after 18 years of operation

ZhonghewholesaleclothingmarketattheiconicBeijingZooareaisclosingdownonSunday,after18yearsofoperation.Occupying8,800squaremeterswithmorethan600stallsandabout2,00

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Nokia beats quarterly market forecasts but lowers networks outlook

FinnishnetworkequipmentmakerNokiareportedlargerthanexpectedquarterlyprofitsonThursdaythankstoapatentdealwithApplealongwithimprovingprofitabilityatitsnetworkbusi

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Hyundai Motor's H1 profit posts double-digit fall on weak sales in China

HyundaiMotor,SouthKorea'sbiggestautomaker,postedadouble-digitfallinoperatingprofitforthefirsthalfofthisyearduemainlytoweakdemandfromChina,thecompanysaidWednesda

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Samsung takes aim at TSMC with plans to triple chip foundry market share

Samsungplanstotriplethemarketshareofitscontractchipmanufacturingbusinesswithinthenextfiveyearsbyaggressivelyaddingclients,aseniorcompanyexecutivesaid,asittarget

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Intel lashes out at Qualcomm in dying rage

Intel’sbusinessisundersiegefromavarietyoffronts,andunlikeMicrosoftthecompanyhasnotbeenabletodiversifybeyondtheircorePCprocessormarket,failingtocreateaneffective

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A 'big fall' in markets is coming as traders put record cash to work

Inglobalmarkets,allsignsofsentimentarepointingup.Andit'sthatveryunbridledenthusiasmthatcouldspelltheirdownfall.Butbeforewegetintothenegativeimplications,let'sta

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Foreign institutions bullish on Chinese shares included in MSCI

ForeigninstitutionshavestayedbullishonChinesesharesincludedintheMSCIsincetheglobalequityindexproviderannouncedtheinclusionofanumberofShanghaiandShenzhenlistedst

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US bank card firms apply to enter Chinese market in months

US-based payment card companies, including American Express, MasterCard and Visa, are preparing to submit licence requests to operate in China within months, according to a Reuters report.

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Brazil's political, economic crises create real estate buyers market

One upscale home in Rio de Janeiro, just 23 kilometers from the city’s downtown, has been on the market for more than two years.

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Playing talent game for market lead

Shenzhen-listedPerfectWorldCoLtd,aChinesemovieandgamingcompany,istargetingoverseasmarketsasonlinegamingande-sportsappearsettoboom.ChinahasalreadyovertakentheUni

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Audio books are a sound biz now

Shanghai-basedXimalayaInc,ownerofaChineseaudio-sharingappthathasbecomepopularinrecentyears,notonlyprovidesalargenumberofbooksinaudioformatbutallowsitsmillionsof

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German industry picks EU unity over post-Brexit trade

GermanindustrieswillprioritiseEuropeanunityovertradewithBritainpost-Brexit,businessleaderstoldtheObservernewspaperininterviewspublishedSunday.BritishBrexitminis

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Global oil price drops to its lowest in 10 months

The global oil market began a new round of dropdown at the end of May with the crude oil prices dropping by 17% during May 24 to June 21 in Europe and America, the lowest in the past 10 months.

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Tesla no longer 'biggest US autormaker' after $12 billion value drop

Tesla lost its place as the biggest US cautomaker by market capitalization on Thursday, handing over the crown to General Motors (GM), after a slump in share prices erased more than 12 billion US dollars of Tesla's value.