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Chinese economy stages strong rebound from pandemic: analysts

Photo taken on Sept. 30, 2019 shows a night view of the Lujiazui area on the eve of China's National Day in east China's Shanghai. (Xinhua/Ding Ting) "China's experience suggests a strong recovery in

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Airbus first-half deliveries hit 16-year low despite June bounce

Airbus deliveries rose by 50 percent in June compared with May and reached their highest level since the coronavirus crisis spread to Europe in March, but the accelerating recovery failed to preve

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Chinese vice premier stresses consolidating poverty alleviation achievements

Vice Premier Hu Chunhua has called for multiple measures to consolidate the achievements of poverty alleviation and ensure high-quality victory in the battle against p

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Samsung Elec: Q2 profit likely jumped by 23% on solid chip demand

Samsung Electronics Co Ltd said on Tuesday its second-quarter operating profit likely rose by 23 percent, beating analysts' estimates as solid chip sales to data centers bulking up in a work-from-hom

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Japan's service sector slump eases as pandemic curbs lift: PMI

A pedestrian walk passes a restaurant wearing protective face masks in Tokyo, Japan, June 30, 2020. /VCG Japan's services sector extended activity declines for a fifth straight month in June,

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U.S. job growth edged up in June yet with great uncertainty ahead

The U.S. economy created jobs at a record clip in June as more restaurants and bars resumed operations, though a surge in cases of the coronavirus threatens the fledgling recovery.Nonfarm payrolls in

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Hong Kong's exports down 7.4% in May

The values of Hong Kong's total exports and imports of goods both recorded year-on-year decreases in May, at 7.4 percent and 12.3 percent respectively, the Census and Statistics Department of China's

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China strengthens preparedness against floods

China's Ministry of Water Resources has called for all-out efforts to prevent floods as continuous downpours in the country's southern areas threatened to inundate rive

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After IPO delays, DoorDash confirms $400M raise

DoorDash has confirmed that it is raising “approximately $400 million” in a Series H round of funding.Earlier today, Axios reported that the company was looking for roughly $400 million ro

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Zimbabwe keen to learn from China on containing imported COVID-19 cases: FM

Zimbabwe is keen to learn from China's experiences in the fight against COVID-19, particularly on how to contain imported cases, Foreign Affairs and International Trade Minister Sibusiso Moyo said W

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China to increase public health emergency supplies

China will enhance its capacity of ensuring public health emergency supplies, with improved prevention and medical treatment, material reserves and production capabili

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China's accelerating digital transformation gives chances to software industry -- insider

As business in China is recovering from the impact of the COVID-19 pandemic, the accelerating digital transformation in the country is offering opportunities to the software industry, Mark Gibbs, glo

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French economy to shrink by 10% this year, recovery mid-2022

A glance at La Defense financial district and Avenue des Champs-Elysees in Paris, France. /VCG The French economy will likely shrink about 10 percent this year due to the coronavirus pandemic

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Saudi, Russia agree oil cuts extension, raise pressure for compliance

OPEC leader Saudi Arabia and non-OPEC Russia have agreed a preliminary deal to extend existing record oil output cuts by one month while raising pressure on countries with poor compliance to deepe

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Hong Kong's business activity slump narrows in May as COVID-19 epidemic eases: survey

A private survey showed Wednesday that the business activity of the Hong Kong Special Administrative Region dropped less in May as the COVID-19 epidemic abated and rel

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Cuba condemns U.S. terrorism, political manipulation

Cuba condemns its inclusion on a U.S. list of countries that do not fully cooperate with counterterrorism efforts, the Ministry of Foreign Affairs said on Monday, deno

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'When the looting starts, the shooting starts': Twitter flags Trump post for 'glorifying violence'

The president tweeted to suggest the army could be deployed to combat protests over the death of a black man in Minneapolis.