State-owned oil company Saudi Aramco said on Sunday it had exercised its "greenshoe option" to sell an additional 450 million shares, raising the size of its initial public offering (IPO) to a rec
Phoenix Tree Holdings, a leading Chinese apartment rental service provider, is scheduled to start trading on the U.S. stock market next week. The company, operating under the name Danke Apartment, ex
China's top banking and insurance regulator vowed to ensure greater support in terms of inclusive financing services for the country's small businesses amid efforts to boost the real economy. In 202
China's top banking and insurance regulator announced that the overall financing costs of inclusive financing services for small businesses will be cut by another half percentage point this year a
The Chinese share of currency reserves rose to 2.01 percent in the third quarter of 2019, the highest since October 2016, data from the International Monetary Fund (IMF) shows.The Chinese renminbi
China's futures market mushroomed in 2019 with an over 30-percent year-on-year growth in deals, industry data showed. The total transaction of the futures markets across the country jumped 37.85 perc
China’slocalgovernmentsatalllevelshaveacceleratedtheestablishmentofasoundandstandarddebtfinancingmechanismtopreventandtacklefinancialrisks,saidaseniorofficialof
Apple,Alphabet,andAmazongetmostoftheattentionwhenitcomestopredictingwhichtechgiantwillbethefirst$1trillioncompany.Butdon’tforgetaboutMicrosoft.Inanewreporttoinv
China'smobilepaymentstotaled81trillionyuan(about12.77trillionUSdollars)asofOctober2017,theworld'slargestvolume,officialdatashowed.Thevolumewasmuchmorethanthewho
China'sprivateinvestmentfundsamountedto11.76trillionyuan(about1.85trillionUSdollars)attheendoflastmonth,upby660billionyuaninJanuary,datafromtheAssetManagementAs
ThevalueofbondsissuedinChinatotaled2.5trillionyuan(394.1billionU.S.dollars)inJanuary,datafromthecentralbankshowed.Ofthebondsissued,2.4trillionyuan'sworthweresol
ChinaagainincreaseditsholdingsofUSTreasurysecuritiesinDecemberaftercutting12.6billionUSdollarsthepreviousmonth,theUSTreasuryDepartmentsaidonThursday.China'shold
U.S.PresidentDonaldTrumpreleasedalong-promised1.5trillionU.S.dollarsinfrastructureinitiativeonMonday,aimingtorebuildthenation'soutdatedroads,railwaysandotherpub
SamsungElectronicspostedrecord-highearningsinthecompany'shistorylastyearduemainlytostrongsalesofsemiconductor,theSouthKoreancompanysaidWednesday.Samsunglogged53
SamsungElectronics,theworld'slargestmakerofmemorychip,flatscreenandTV,posteditsbiggest-everoperatingprofitin2017,theSouthKoreancompanysaidTuesday.Thepreliminary
TheGDPofChangsha,capitalcityofHunanProvince,isestimatedtohaveincreased9.0%in2017toreach1.02trillionyuan(157.1billionUSdollars),becomingthe13thcityinChinawithaGD
LocalgovernmentsinChinaissuedlessdebtin2017amidofficialeffortstoeasethecountry'sdebtburden,marketdatashowed.Localgovernmentsraised4.36trillionyuan(about670billi
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