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McDonald's China changes name to 'Golden Arches'

McDonald’s,throughitsofficialWeiboaccount,confirmedonWednesdayeveningthatithaschangeditsChinesecompanynamefrom“Maidanglao”to“Jingongmen,”or“GoldenArches.”Thefas

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Chinese and millennial shoppers drive rebound in luxury goods sales

Worldwidesalesofluxurygoodssuchashigh-endhandbags,shoesandjewelryaregrowingfasterthanexpectedthisyearthankstothrivingdemandfromChinesecustomersandyoungshoppers,

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Bain: Chinese and millennial shoppers drive rebound in luxury goods sale

Worldwidesalesofluxurygoodssuchashigh-endhandbags,shoesandjewelryaregrowingfasterthanexpectedthisyearthankstothrivingdemandfromChinesecustomersandyoungshoppers,

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LG Display 3Q profit surges on year-end demand for TVs, mobile devices

SouthKorea’sLGDisplayCoLtdbookedan80percentsurgeinquarterlyprofitsjustaheadofexpectations,helpedbystrongdemandforitsscreensusedinhigh-endTVsetsaswellasmobiledev

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Salary expectations of overseas returnees drop in 2017: report

SalaryexpectationsforChinesegraduatesofoverseasuniversitiesfell3.3percentyearonyearin2017,droppingto8,315yuanpermonth,accordingtoarecentreport.Overseasreturnees

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Puma relishes Rihanna brand impact, fears discounts

Pumaexpectsgrossmarginstobesqueezedbydiscountinginthefourthquarter,despiteanewcollectionfromsingerRihannahelpingtheGermansportswearcompanyraiseits2017salesandop

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Gucci propels sales boom at France's Kering in third quarter

SurgingdemandforGucci’saccessoriesandcolorfuldesignshelpedFrenchparentKeringbeatsalesforecastsinthethirdquarter,assomeoftheluxuryindustry’sbiggestcompaniesridea

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Spain lags as markets ready for ECB decision

EuropeanshareswereflatonMondaywithbanksweighingandMadrid’sbourselaggingitspeersasCatalonia’spoliticalcrisisdeepened.Thepan-EuropeanSTOXX600wasup0.1percentwhileS

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Tencent unit China Literature launches up to $1.1 billion HK IPO

ChinaLiteratureLtd,China’slargestonlinepublishingande-bookcompany,launchedaninitialpublicofferingforupto$1.1billiononMonday,seekingfundsforacquisitionsandtoexpa

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Oil prices rise on tightening supply, strong demand

OilpricesroseonMondayoversupplyconcernsintheMiddleEastandastheU.S.marketshowedfurthersignsoftighteningwhiledemandinAsiakeepsrising.BrentcrudefuturesLCOc1,theint

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Japan shares at two-decade top, yen at three-month low on Abe win

JapanesesharesjumpedonaweakeryenonMondayasanelectionwinforShinzoAbe’srulingblocgaveagreenlightformoresuper-easypolicystimulus,whiletheeuroeasedasSpain’sconstitu

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Tesla reaffirms effort to build cars in China

ElectriccarmakerTeslareaffirmedonSundayitistalkingwiththeShanghaimunicipalgovernmenttosetupafactoryintheregionandexpectstoagreeonaplanbytheendoftheyear,butdecli

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Navigating China's post-congress economy

ForthosewhogaugethegrowthtrajectoryofChina'seconomyoverthenextfiveyears,meaningfulhintscouldbefoundattheongoingtwice-a-decadeCommunistPartycongress.Whenoutlinin

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Profit growth at Chinese SOEs quickens

China'sstate-ownedenterprises(SOEs)sawtheirprofitgrowthquickeninthefirstthreequartersonthebackofanimprovingeconomy,officialdatashowedFriday.CombinedSOEprofitsro

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China’s economy under five years of structural reform

‍Sincethe18thCPCNationalCongressin2012,Chinahasmaintainedgrowthwhilerestructuringitseconomy.Ithasn’tbeeneasybutprogresshasbeensolid,asseenindatareleasedbythegov

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Dow, S&P 500 eke out record highs after Fed Powell report

TheDowandSP500ekedoutrecordclosinghighsonThursday,turninghigheratthelastminuteafteraPoliticoreportthatFederalReserveGovernorJeromePowellistheleadingcandidatefor

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EBay's profit forecast disappoints, shares fall

EBayIncwarnedWallStreetonWednesdaythatprofitthisquartercouldfallbelowanalysts’estimatesasitinvestsinmarketingandarevampedwebsitetoattractmoreshoppers,sendingsha