text

China's Tencent reports 58 percent jump in first-quarter profit

TencentHoldingsLtd,China'stopgamingandsocialmediafirm,reporteda58percentriseinquarterlyprofitonWednesday,aidedbygrowthinonlinegames,payment-relatedservicesandad

text

Jack Ma overtakes Wang Jianlin to become China's richest man

Jack Ma, founder and chairman of China's e-commerce giant Alibaba Group, has overtaken Wanda Group's Wang Jianlin to become the richest person in China.

text

B&R 4 Years: Great success achieved, formidable challenges lay ahead

ByAPDwriterDr.WangPengThecurtainoftwo-dayBeltandRoadForumforInternationalCooperationfalls,withgreatachievementsandexpectationsallovertheworld.Thiscarnivalgather

text

Jack Ma overtakes Wang Jianlin to become China's richest man

JackMa,founderandchairmanofChina'se-commercegiantAlibabaGroup,hasovertakenWandaGroup'sWangJianlintobecometherichestpersoninChina.AccordingtoForbes,Maranked21stg

text

China's Tencent is creating an entire town dedicated to esports

Tencent,China'slargestonlinegamesdeveloperamongotherthings,isbuildinganentiretowndedicatedtoesports.ThetownwillbelocatedinWuhu,eastChina,whereTencenthasjustsign

text

Vodafone dials up 6.3-bn-euro annual net loss

BritishmobilephonegiantVodafoneloggedonTuesdayanannualnetlossof6.3billioneuros($6.9billion)afterslashingthevalueofitstroubledIndiandivision.Theperformanceinthe1

text

China scales up financing support for B&R Initiative

President Xi Jinping said Sunday that China will contribute an additional 100 billion yuan (about 14.5 billion U.S. dollars) to the Silk Road Fund to scale up financing support for the Belt and Road Initiative.

text

China scales up financing support for B&R Initiative

PresidentXiJinpingsaidSundaythatChinawillcontributeanadditional100billionyuan(about14.5billionU.S.dollars)totheSilkRoadFundtoscaleupfinancingsupportfortheBeltan

text

GE's Immelt bets big on digital factories, shareholders are wary

AtaGeneralElectricCofactoryinthisruraltown,KeithSpahn,60,usedtotakemeasurementsofpartsfromrailroadlocomotivesthatareinforrepairbyhand.Nowheusesatoolthatreadsthe

text

Apple is the first company worth over $800 billion

Apple's market capitalization briefly crossed the $800 billion threshold for the first time on Monday, marking another major milestone for the world's most valuable company.

text

HSBC first-quarter pre-tax profit falls 19%

HSBC said on Thursday that pre-tax profit fell 19 percent to US$4.96 billion in the first three months of the year.

text

Hong Kong is the most expensive Asian city to build anything, survey says

Hong Kong is suffering from a severe shortage of construction labour, where 40 per cent of registered workers are older than 50 years.

text

The White House claim that Obama-era regulations have cost $890 billion

The White House spokesman, in speaking about a House resolution signed by President Trump to roll back regulations enacted in the closing months of the Obama administration, cited an interesting statistic — that “Obama-era regulations … have cost the American business consumers a staggering $890 billion.”

text

Japanese box office sales set record with ‘new animation generation’

The Japanese box office hit a record high 235.5 billion yen ($2.09 billion) in 2016, as unconventional animated films scored big and advertising through social media took off, industry officials said.

text

India to Cut Bank Capital Infusion Target This Fiscal Year

India may cut the amount of capital it plans to inject into state-controlled lenders this fiscal year by as much as 78 billion rupees ($1.2 billion) because of slow loan growth, people with knowledge of the matter said.

text

Disney CEO Iger says he is open to extending his term

Chief Executive Bob Iger said on Tuesday he is open to extending his term as the head of Walt Disney Co (DIS.N), offering investors a sign of potential stability at the media company as it reported a dip in quarterly advertising at ESPN.