The microfinance arm of e-commerce giant Alibaba Group has become the latest big-name investor in Postal Savings Bank of China (PSBC), a commercial bank chasing an IPO.
SCMP Group, which publishes the South China Morning Post, has confirmed that it has received a preliminary approach from an interested party regarding a possible purchase of the company’s media assets. This includes the newspaper, magazines and outdoor media, custom publishing and events businesses.
CEO of Volkswagen Group Martin Winterkorn on Wednesday announced his resignation as the company is caught in an emissions scandal.
China's bond market is likely to be stricken by a second case of stated-owned enterprises (SOE) bond default following Baoding Tianwei Group's declaration of default in April.
At least 15 Abu Sayyaf Group members were killed following a firefight with elite government forces in Indanan town in south Philippine province of Sulu on Wednesday afternoon.
Japan's media company Nikkei Inc. is to acquire the FT Group from British publisher Pearson Plc for 844 million pounds, or 1.3 billion U.S. dollars in cash, ending the market rumors about the new ownership of the global news organization.
Chinese Grandmaster (GM) Yu Yangyi made news at the 50th International Chess Tournament "Capablanca in Memoriam" by winning the contest in the penultimate round in Havana.
China's top anti-corruption watchdog publicly criticized six more major state-owned enterprises on Wednesday after inspections uncovered corruption and discipline violations.
Cuba has freed a Canadian businessman who was sentenced to 15 years in prison on corruption charges, his company said on Saturday.
Sunwah and Friends Social Services and Creativity Day 2015 was launched here on Sunday, attracting participation of over 1,000 people.
A Chinese court sentenced former senior economic planning official Liu Tienan to life imprisonment on Wednesday.
The Philippines beat Indonesia 4-0 in Hanoi on Tuesday to secure a place in the semi-finals at the 2014 Association of Southeast Asian Nations (ASEAN) Football Federation (AFF) Championship.
China's Dalian Wanda Group is expanding its luxury hotel business, eyeing to establish over 150 premium hotels across the globe by the end of 2018.
Vietnam is ready for the 2014 Association of Southeast Asian Nations (ASEAN) Football Federation (AFF) Championship final round which will be held in Vietnam and Singapore late November.
FTSE 100 Index, British benchmark stock market gauge, Thursday decreased by 1.69 percent, or 111.13 points, to 6,446.39, as the European Central Bank (ECB) conference disappointed traders.
The company of China's real estate tycoon, Wang Jianlin, will launch into Australia's property- development market, creating a billion-dollar local arm to invest in new projects, including a long-awaited Gold Coast high-rise complex.
An investigation into a meat scandal expanded nationwide as China's top food quality watchdog launched a "thorough" probe on Monday.