text

Repairs begin on dike in rain-battered central China

Construction has begun to repair a dike that breached Sunday in central China's Hubei Province and will be completed in five days, rescuers said.

text

Taiwan arrests three foreigners over ATM cyberheist

Taiwan has arrested three foreign suspects over a US$2.5 million (S$3.4 million) cyberheist in which malware was used to hack into a major local bank's ATM network and bags of cash were stolen, the police said on Monday (July 18).

text

"The Secret Life of Pets" takes weekend box office winner for second time

The Universal Illumination's animated film "The Secret Life of Pets" topped the movie box office for the second consecutive weekend at North American box office on Sunday.

text

Japanese chat app Line Corp soars in New York-Tokyo debut

Shares of Japanese messaging app operator Line Corp (3938.T) (LN.N) were set to surge in Tokyo on Friday after soaring as much as 36 percent in their U.S. market debut, valuing the startup at $9.3 billion in the biggest tech IPO this year.

text

China seeks to solve job market paradox

Facing a confounding paradox of labor oversupply and structural shortages, the Chinese government plans to take more targeted measures to improve the employment situation.

text

Vietnam to license 4G network service by 4th quarter of 2016

The service of 4G network is expected to be licensed in Vietnam by the end of the third quarter or the beginning of the fourth quarter in 2016, according to Vietnam's Ministry of Information and Communications (MIC) on Wednesday.

text

CICC’s shares drop as China Mobile to sell its 2.5pc stake in the Chinese lender

​China Mobile’s stake sale, which will raise US$48 million, viewed as normal divestment, according to analyst

text

How HK Disney made sure Shanghai Disneyland doesn’t put off Chinese visitors

​Drawing on the lessons of launching Disneylands in Paris, Hong Kong and Tokyo, Walt Disney Co. has gone to great lengths to avoid cultural faux pas at its recently opened theme park in China

text

Bank of East Asia facing questions over its anti-money laundering controls after 70 million yuan in transfers

The Bank of East Asia is facing questions over the robustness of its anti-money laundering procedures in mainland China following bank transactions leaked by the media on the weekend that purport to show the Hong Kong-based lender may have been used as a conduit to disburse large sums of money to senior executives at Shandong-based Evergrowing Bank.

text

Vietnam receives WB loan to support Mekong Delta urban development

The World Bank (WB) and the State Bank of Vietnam on Monday signed agreements for loans and credits worth 560 million U.S. dollars for two projects to support urban development, climate resilience and sustainable livelihoods in the Mekong Delta.

text

Ali Health buys out an internet transaction licensed medicine company for $2.5m

Alibaba Health Information Technology Ltd (Ali Health), a healthcare subsidiary of Alibaba Group Holding Ltd, announced it bought full ownership of Guangzhou Wuqiannian Medicine Co Ltd on Wednesday for 16.8 million yuan ($2.5 million), according to a report by techweb.com.cn.

text

HK police seize HK$360 million in betting records in largest haul of Euro 2016

Fifteen arrested in crackdown on bookmakers hours before semi-finals between Wales and Portugal

text

China box office: "Now You See Me 2" edges out "Independence Day" sequel

Both of the sequels sport Chinese or Taiwanese castmembers in supporting roles, along with other references for Chinese moviegoers.

text

Queen Elizabeth in line for 72,000 USD a week pay rise

Queen Elizabeth is set to be given a 72,000 U.S. dollars a week pay rise under a formula devised centuries ago, an official report revealed in Britain Tuesday.

text

"Now You See Me 2" tops Chinese box office

"Now You See Me 2" soared to the top of the Chinese box office, earning 287 million yuan (43.1 million U.S. dollars) in its debut weekend, knocking "Warcraft" off the top perch.

text

China shores up New Zealand goods trade surplus

Growing demand from China partly offset a further collapse in New Zealand's pillar dairy exports last month, the government statistics agency said Monday.