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Moscow hammers out new State Armaments Program

Russiahasanelaboratesystemofplanningdefenseprocurementsandmilitaryresearch-development(RD).StateArmamentsPrograms(SAP)areadaptedeveryfiveyears,butareplannedtola

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Alibaba will beat Amazon to become 1st trillion-dollar internet company

MKMPartnerspredictsAlibabawillreachthevauntedtrillion-dollarvaluationaheadofitsinternetpeers."Itseemslikelytousthatwewillhavemultiple$1trillionvaluationcompanie

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China’s money market fund assets hit record high

AssetsmanagedbyChina'smoneymarketfundshavehitarecordhighassavers'demandsforhigherreturnsoninvestmentremainstrong,latestdatashowed.Moneymarketfundsmanagedover6.8

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China increases US Treasury holdings in Oct., remaining largest holder

China'sholdingsofUSTreasurysecuritiesincreasedinOctoberafteradropinSeptember,thelatestdatafromtheUSTreasuryDepartmentshowedonFriday.ChinaincreaseditsUSTreasurie

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Global 5G value chain expects to output US$3.5 tln by 2035

Current5Gtechnologyandproductshavebeenthemosteye-catchinginnovationsduringthe2017ChinaMobileGlobalPartnersConference.Telecomoperators,chipmakersandend-productma

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China's SOEs maintain rapid profit growth

China'sstate-ownedenterprises(SOEs)continuedtoseerapidprofitgrowthinthefirst10monthsoftheyearastheeconomyheldsteady,officialdatashowedTuesday.CombinedSOEprofits

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China unveils special rules on policy banks

China'sbankingregulatoronWednesdayannouncedspecialrulesforthecountry'sthreepolicybanksforthefirsttime,featuringacapitalrestraintmechanismtostrengthenriskcontrol

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Samsung's Q3 earnings hit record quarterly high on brisk chip sales

SamsungElectronics,SouthKorea'stechbehemoth,hitanewquarterlyhighinthethird-quarterearningsthanksmainlytobrisksalesofsemiconductors.Operatingprofitreachedafreshh

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Profit growth at Chinese SOEs quickens

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

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China’s foreign trade to maintain strong growth with improved structure

China’sAdministrationofCustomsreportedincreasedforeigntradevolumeandanarrowedtradesurplusinthefirstthreequartersof2017,andprojecteddouble-digittradegrowthforthe

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Samsung Electronics posts record operating profit in Q3

SamsungElectronics,SouthKorea'stechbehemoth,postedthebiggestoperatingprofitinthecompany'shistoryinthethirdquarter,aregulatoryfilingshowedFriday.Preliminaryfigur

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China's trade volume up 16.6% in Jan-Sept

China'sforeigntradevolumerose16.6percentto20.29trillionyuan($3.08trillion)inthefirstthreequartersofthisyear,officialdatashowedFriday.Exportsincreased12.4percent

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Hyundai Merchant Marine in talks with BlackRock about future investment

SouthKoreanshipperHyundaiMerchantMarineCoLtdisintalkswithBlackRockIncaboutapotentialinvestmentbutdetailshaveyettobediscussed,aHMMspokesmansaidonMonday.BlackRock

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US Trade Act won't impede China's progress

USPresidentDonaldTrumpwillsignanexecutivememorandumonMondayauthorizingtheUStraderepresentativetodeterminewhethertoinvestigateChina'sintellectualpropertyandtrade

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Mobile payments are turning China cashless

LifeinChinaisbecomingcashlessasmobilepaymentshaveenjoyedgrowingpopularity.Asurveyon6,595peoplebyIpsosResearchCompanyfoundthat40percentofpeoplewouldtakelessthan1

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Samsung gets triple crown in record Q2 earnings on brisk chip sales

SamsungElectronicswonaso-called"triplecrown"initssecond-quarterearningsresultsasitsrevenue,operatingprofitandnetincomebrokethepreviousrecordhighsthankstobriskse

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Commentary: Watch out for "grey rhino" in jungle of financial risks

Every major economy has its own "grey rhinos" -- big and neglected economic risks.