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Update | China, US in $253.5 bln trade ‘miracle’ during Trump visit

USandChinesefirmshavesigneddealsworthmorethan250billionUSdollarsonthesidelinesofDonaldTrump'sstatevisit.ChinesePresidentXiJinpingrevealedthefigureafterhewitness

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Nissan cuts profit outlook over costs related to scandal

NissanMotorCo.onWednesdaylowereditsfull-yearprofitprojectionforthebusinessyearthroughnextMarch,owingtocostsassociatedwithadecades-longscandalinvolvingtheautomak

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Apple posts stellar earnings ahead of iPhone X launch

AppleInc.reportedbetter-than-expectedearningsonThursdayandofferedarosyforecastfortheholidayshoppingseason,aheadoftheofficiallaunchofthelatestiterationofitsflags

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Facebook profit soars, with no sign of impact from Russia scandal

FacebookInc(FB.O)facedharshcriticisminWashingtononWednesdayoveritsfailuretopreventRussianoperativesfromusingitsplatformforelectionmeddling,buttheearningsreporti

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Honda’s profits dip on air-bag recall despite sales growth

TOKYO:HondaMotorCo.’sfiscalsecondquarterprofitslippedcomparedtoayearagoascostsrelatedtoamassiveair-bagrecallerasedtheperksofstrongsales,theJapaneseautomakersaid

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Indonesia posts 12 pct FDI growth in Q3 this year

ByAPDwriterMaverickJAKARTA,Oct.30(APD)--Indonesiaposteda12percentgrowthinitsmaterializedForeignDirectInvestment(FDI)to111.7trillionrupiah(about8.2billionU.S.Dol

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Kobe Steel to withdraw earnings forecast after data scandal

EmbattledKobeSteelLtdhasdecidedtowithdrawitsforecastforthecurrentfinancialyearasitstrugglestoquantifytheimpactofitsdatafalsificationscandal,theNikkeibusinessdai

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China's Central bank continues net cash injection via reverse repos

China'scentralbankhascontinueditsnetcashinjectionsviaopenmarketoperations,easingthereposliquiditystrain.ThePeople'sBankofChinaconducted150billionyuan(about22.7b

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Japan's Sharp turns to first-half profit on screen sales

Japan'selectronicsgiantSharpsaidFridayitswungtoafirst-halfprofitasitenhanceditsfull-yearoutlook,creditingstrongLCDscreensalesandcostcutsunderanewTaiwaneseowner.

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A look at China’s global box office rise

‍Chinaisnowhometo49,000moviescreens,solidifyingitsplaceastheworldleaderinmovietheaters.ChinaovertooktheUnitedStatesasthecountrywiththemostcinemascreensinJune,wh

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Amazon sales surge after Whole foods acquisition, shares jump

Amazon.comInconThursdaysaiditssalessurgedoverthesummerandprofittrouncedexpectations,asshoppersjumpedatsummerpromotioneventsandboughtgroceriesatitsnewlyacquiredc

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Microsoft beats profit estimates on gains from cloud services

MicrosoftCorpreportedbetter-than-expectedquarterlyprofitonThursdayasdemandforitscloudcomputingservicesforcompaniesroseanditspersonalcomputersoftwarebusinessstab

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Chinese banks’ consortium backs financing for power project in Pakistan

ByAPDWriterMuhammadSohailISLAMABAD,Oct.26(APD)--AconsortiumofChinesebanks,ledbyChinaDevelopmentBank(CDB),hasapprovedfinancingof1.5billionU.S.dollarsforapowerpro

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Pakistani coal power plant signs loan contract with Chinese banks

AjointChina-Pakistancoal-firedpowerplantsignedaloancontractwithbanksinsouthwestChina'sSichuanProvince.HubcoCoalPowerPlantraised1.5billionU.S.dollarsfromaconsort

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GM loses $3 bln in third quarter due to Opel-Vauxhall sale

GeneralMotorsreportedonTuesdayanetlossof3billionUSdollarsinthethirdquarterthisyeardespiterobustresultsinNorthAmericaandChina.Thelosswasdrivenprimarilybyachargeo

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Noble Group to sell oil liquids unit to Vitol, flags $1.2 billion loss

StrugglingcommoditiestraderNobleGroupagreedtosellitsAmericas-focusedoiltradingbusinesstoVitolforabout$580millionaspartofadebt-cuttingstrategy,andwarnedofabiglos

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NAFTA talks must benefit agricultural trade in region, says Mexico

TherenegotiationoftheNorthAmericanFreeTradeAgreement(NAFTA),currentlytakingplacebetweenMexico,CanadaandtheUS,muststrengthentradeandinvestmentintheagriculturalse