Despite the news this week that the US administration has proposed a new round of trade talks, President Donald Trump has reportedly instructed trade officials...

China Xiong’an Group, a state-owned enterprises focusing on the construction of Xiong’an New Area, has opened a batch of new projects for bidding tenders, hoping...

Viomi, a water purifier maker and home appliance supplier for Xiaomi, is planing to raise as much as US$144 million by going public on the...

The Shenzhen Stock Exchange has sent a letter of inquiry to LeTV, a Chinese technology company found by Jia Yueting, asking the company to explain...

Louis Vuitton is accused of stiffing customers in Korea with a nugatory deadline for exchanging or returning faulty products.The exchange period for Louis Vuitton products...

The China Banking and Insurance Regulatory Commission is concentrating its firepower on cracking down on the illegal inflow of individual credit funds into the property...

Prime Minister Sheikh Hasina yesterday called upon the small investors not to get tempted by others while investing in the capital market but take their...

The Beijing Bureau of Financial Work has ordered P2P internet loan lenders to conduct self-inspections and submit detailed materials by the end of October 15,...

Pedestrians are reflected in a mirror next to a screen showing the closing figures for the Hang Seng Index in the Central district in Hong...

Led by the sluggish A-share market this year, China’s private equity fund sector has recorded a negative average income of -7.18%, The Paper reported.Due to...

Entrepreneur Andrew Yang is running for U.S. president, and he's made the robot revolution a central pillar of his election campaign for the 2020 race.Yang...

The provincial government of Jiangsu, a Chinese coastal province north of Shanghai, is planning to shut down 1,000 chemical companies that failed to meet environmental...

The Ministry of Transport is set to organize a cross-ministerial safety inspection on ride-hailing companies, after two tragic homicide cases in four months on the...

US President Donald Trump has said India wants a trade deal with the US despite the tough stance taken by his administration on the issue.Donald...

Samsung plans to unveil the world's first foldable smartphone at a Developer Conference on Nov. 7-8 in San Francisco, California, where the Korean electronics giant...

Local Chinese governments have accelerated the supply of special bonds lately, with 428 billion yuan (US$62.52 billion) issued in August, the Economic Information Daily reported.It...

Chinese real estate giant Country Garden has taken another significant step into the robot industry — its wholly owned subsidiary, Bo Zhilin Robot, has officially...

Ma will complete his current term as member of Alibaba Group's board of directors until its annual general meeting of shareholders in 2020.Alibaba Group Holding...

Communist Party mouthpiece the People’s Daily and its sister tabloid Global Times have been giving dark warnings that the protracted trade row between China and...

Basra protesters set the Iranian consulate ablaze on Friday night, the latest manifestation of outrage against influential actors in Basra city, which should be one...

The overall value of Bangladesh's exports to the US increased 5.83 percent year-on-year to $3.63 billion in the first seven months this year propelled by...

Automakers will be slapped with a hefty fine equivalent to three percent of their sales if they cover up or downplay defects in their cars.The...

Foreign banks and brokers have been preparing for the launch of Shanghai-London Stock Connect, but the platform continues to face nagging technical problems, Yicai.com reported.“London...

Mainland Chinese buyers are expected to snap up an increasing amount of overseas real estate this year — even despite political resistance and sensitivity about...

Meituan-Dianping, a Chinese online services provider, is hoping to raise as much as HK$31.12 billion (US$3.96 billion) by selling shares in Hong Kong, The Paper...

The government has backtracked on its policy and will now allow foreign companies to own 100 stakes in local e-commerce ventures.The cabinet had approved a...

Didi Chuxing, the Chinese ride-hailing giant which remains gripped by an ongoing safety crisis, is reportedly experiencing a deterioration in the profit-loss column over the...

The Guangzhou Municipal Bureau of Financial Work has put forward a series of special policies for the further opening up of the financial industry, The...

Perennial No. 3 LG Uplus is catching up fast with its rival mobile providers with a market share that has almost reached 20 percent thanks...

Chinese phone maker Huawei announced it has released its self developed phone chip, the advanced Kirin 980,  the world’s first mobile chip using TSMC’s 7nm...

A growing demand for commercial vehicles has encouraged Nitol-Niloy Group to start assembling Tata pickup trucks in Bangladesh from this month. “Now we will assemble...

Over the first six months of 2018, the amount of M&A activity in China fell to US$348.3 billion, a drop of 18% compared to the...

More than 150,000 small businesses have taken out high-interest loans from small savings banks, or multiple loans from credit card companies and other financial institutions,...

Leased and rental products are becoming increasingly popular in a country where more and more people live alone and spending money is tight amid record...

China Unicom Group and China Telecom Group, two of the big three state-owned telecommunication operators, have denied any knowledge of recent rumours of a possible...

State-owned auto manufacturer Changan Automobile has fully acquired  joint venture Changan Suzuki from the Japanese parent company for one yuan (US$0.15), marking Suzuki’s exit from...

It is often difficult to keep the kids happy, but sometimes it is even harder to please their parents.Which may be why China’s state broadcaster...

There has been a surge in the variety and number of products targeting single householders as their ranks increase. This makes them an increasingly vital...

China’s first e-commerce law has been passed by the legislative body, offering detailed stipulations for future operators, the People’s Daily reported.For goods or services that...

China’s foreign currency regulator is maintaining high-pressure control over all foreign exchange violations, issuing millions in stiff penalties to individuals and companies, the Economic Information...

Customs officials in Chittagong on Saturday found 410 sacks of sand inside a container although it was brought in by a local firm under a...

Despite being one of the most important bilateral trade routes and a potential gateway to northeast India from Bangladesh's Chittagong port, the Akhaura-Agartala link remains...

Look out Singapore, Hong Kong here we come. Vietnam is putting Asia’s top business centers on notice as it bids to establish itself as a...

The textile sector witnessed a session of immense gain in the stock market yesterday as investors rebalanced their portfolios in this sector after a good...

Samsung is expected to keep its No. 1 spot in the global smartphone market in the third quarter this year, but its market share is...

USA is the world’s top beef exporter. The country’s beef exports accounted for 12.9 per cent of total production in 2017. The US exported beef worth US$6.2...

The State Council is planning to temporarily exempt the income tax and value-added tax from overseas institutions for the interest income of their investment in...

A wave of African nations looking to restructure debt with China on the eve of a major Beijing summit provides a reality check for the...

Treasury Secretary Steven Mnuchin on Tuesday praised China for supporting its currency at a time when Washington and Beijing are locked in a trade war."Their...

IKEA has racked up W470 billion in sales in the fourth year since its launch in Korea (US$1=W1,116).Country retail manager André Schmidtgall told reporters on...

Asia markets were mixed on Wednesday afternoon after the Nasdaq and S&P 500 hit another record high on Wall Street overnight as trade fears eased.Japan's...

China BlueChemical Ltd. (“China BlueChem”, HKEx stock code: 03983), a leading chemical fertilizer and methanol producer in China, announced its unaudited interim results for the...

Global retailers hoping to get into China's lucrative consumer market have little choice but to partner with online giants Alibaba or Tencent, a partner at...

Mark Wang, the owner of a Chinese factory, is in a state of limbo these days thanks to President Donald Trump's trade war.The 20-year veteran...

BASIC Bank Managing Director Muhammad Awal Khan has submitted his resignation in just 10 months after being appointed to the top post of the state-owned...

U.S. tariffs on Chinese imports will simply mean that American consumers have to pay higher prices for products down the road, an industry association leader...

The state-owned China Shipbuilding Industry Corp is constructing littoral, or coastal, mission ships for Malaysia after it undercut rivals and sealed orders from the Malaysian...

China’s service robot giant Ecovacs Robotics has released the first semi-annual report after listing, and the news is far better than expected, The Paper reported.In...

Alibaba’s exploration of blockchain technology has gone one step further, following the announcement that cloud computing arm Alibaba Cloud has officially launched its blockchain service,...

The China Securities Regulatory Commission has released a new regulatory guidance on foreign-invested futures companies, The Paper reported.According to the new rules, the proportion of...

Sunac, a major Chinese property developer, has once again taken over a project involving HNA Group in Hainan province, The Paper reported.Hainan Island Hangxiang Investment...

US technology giants plan to intensify lobbying efforts against stringent Indian data localisation requirements, which they say will undermine their growth ambitions in India, sources...

Proton Holdings Berhad and Zhejiang Geely Holding Group on Saturday (Aug 18) signed an agreement to set up a joint venture that will pave the...

The state-run Rural Development Administration has been accused of copying technology developed by a start-up company.uLikeKorea, a start-up specializing in veterinary products, in a press...

It does not take an economist to explain the falling number of babies being born in China. The simple answer is the cost of getting...

Sales of commercial vehicles are growing rapidly in Bangladesh thanks to the increasing economic activities in the last one decade.At least 35,000 units of commercial...

The Trump administration is moving ahead with a campaign they say is designed to force Tehran back to the negotiating table, following the US withdrawal...

Following news that Chinese officials are traveling to Washington next week for midlevel trade talks, it has been reported that the trip is a lead...

A former Filipino migrant worker with a long track record of business failures finally found success when she added her own twist to a traditional...

The massive Jeju Shinwha World gambling resort is raking in huge cash from gambling-obsessed Chinese tourists even as other businesses on the island are floundering.Since...

Do not take the words of Hong Kong property brokers at face value.In fact, you might consider discounting 95% of what they say as nonsense...

Bangladesh's entrepreneur Muhammed Aziz Khan, chairman of Summit Group, was named as the 34th richest man in Singapore in the Forbes' list for 2018.His net...

Elon Musk told investors this week that “obviously, the Saudi sovereign fund has more than enough capital needed” to finance taking Tesla private.The fund is...

Over the past five years, the average annual growth rate of China’s robot industry has approached 30%, though core technologies are yet to see major...

The rising cost of new residential housing in Sanya city in Hainan province, as well as Jinan city in Shandong province, led the country in...

Instant cup noodles are growing in popularity as more people seek easy-to-cook products for convenience.The Korea Agro-Fisheries and Food Trade Corporation said Monday that the...

China Literature, a pioneer in the online literature market, announced it will acquire a 100% equity stake in New Classics Media at a price of...

The Tencent Blade Team gave a live demonstration at the DefCon security conference on how to crack the world’s best-selling smart speaker, Amazon Echo, The...

Samsung has launched a global marketing blitz after unveiling the Galaxy Note 9 flagship smartphone in New York on Aug. 9.The Korean electronics giant also...

Documents submitted to the Environment Ministry reveal that BMW knew about defects in the exhaust gas recirculation module in March 2017, 14 months before recalling...

Citibank NA Bangladesh has recently hosted a forum on the Belt and Road Initiative (BRI) underlining the bank's commitment to support Bangladesh, global clients and...

A key objective of President Donald Trump's trade war is to pressure Beijing to "buy American", but when it comes to millions of dollars of...

China's top newspaper lashed out at criticism that Beijing's hard-line treatment of its trade dispute with the U.S. led to tough measures from Washington.The commentary...

New data from cmsmc.com indicates the inflow of foreign capital into the Chinese A-share market has been accelerating, The Paper reported.Over the first seven months...

The Bank of China, one of the big four state-owned banks, announced it will greatly increase investment in innovation R&D. In addition to conventional technology...

The Internet Financial Risk Special Rectification Work Leading Group Office has issued a new guideline on peer to peer lending platforms, requesting them to report...

China Mobile, one of the big three state-owned telecom operators, has reported a net profit of 65.6 billion yuan (US$ 9.62 billion) for the first...

China Evergrande, the second largest Chinese property developer by sales, announced a dividend payment on Thursday that is equivalent to half of its accumulated profits...

Ikea has finally opened its first store in India on Thursday, targeting the country's growing middle-class in an environment that Chief Executive Jesper Brodin has...

Two more BMWs caught fire on Thursday, one of them a model that was not subject to a massive recall.The BMW 730Ld caught fire on...

If you thought frenzied crowds only lined up for rock concerts, football matches or the latest iPhone, guess again. The southern Indian city of Hyderabad...

Samsung is betting everything on the Galaxy Note 9 in a saturated market where all smartphones are more or less the same.The Korean tech giant...

Hyundai will stop production of diesel versions of four models amid sluggish sales, the carmaker said on Thursday."We decided to eclipse diesel sedans as they...

Grameenphone's alleged financial discrepancies have ballooned almost three times to Tk 11,530.15 crore after the telecom regulator ran another audit of the operator's books.In the...

Fresh container congestion has hit the Chittagong port because of the transport crisis caused by the unannounced strike in response to the protest of the...

US officials point to weak Chinese stock performance as a gauge of China’s vulnerability to US economic pressure through tariffs. The American stock market has...

Amid the trade war with the US, China has reported a current account deficit of USD 28.3 billion in the first half of this year,...

IQiyi Sports, the sports arm of iQiyi — one of China’s emerging online video platforms — announced it has received strategic financing totalling 500 million...

Taobao, one of the world’s largest e-commerce websites controlled by Alibaba, has teamed up with Alipay, Alibaba’s third-party online payment platform, to launch a group...

Inflation fell slightly to 5.51 percent in July due to a cut in non-food prices, much to the cheer of the central bank.Last week, the...

In the context of tight liquidity, “fundraising” in the private equity investment sector has suffered from a cold, harsh winter, Yicai.com reported.According to the VC/PE...

BMW noticed mysterious fires erupting in the engines of its cars in Europe as early as 2016, the carmaker admitted Monday, fueling more criticism that...

Student demonstration and transport disruption, which partly halted movement of goods-laden trucks, have affected shipments of apparel items, exporters said yesterday.Not only has there been...

An investigation has identified more hypertension drugs that contain dangerously high levels of the carcinogen NDMA.The compound was found in generic valsartan using ingredients manufactured...

Vanke, one of the major property developers in China, has invested 25.43 billion yuan (US$3.71 billion) in July to acquire land in 33 cities for...

The Shanghai Stock Exchange has adjusted the limits of the circuit breaker mechanism for new stocks in their first day of trading, Yicai.com reported.According to...

State-owned China Southern Power Grid has acquired a 25.48% stake in the Luxembourg utility company Encevo S.A., following its acquisition of a 27.8% stake in...

For the first half of 2018, the GDP of four major cities in China including Beijing, Shanghai, Guangzhou and Shenzhen have exceeded the one trillion...

Citing “interference” in its internal affairs, Saudi Arabia said on Monday it was expelling Canada’s ambassador, recalling its envoy in Ottawa, and freezing its business...

A scandal involving faulty vaccines wouldn’t seem a threat to China’s most powerful reform push in decades. Nothing could be further from the truth, though,...

Asia markets fell on Thursday, following an overnight mixed session in the U.S. as renewed trade concerns offset strong gains in tech.In Australia, the benchmark...

Shandong Sunrise Group, a major soybean importer that was, for years, China’s 500th biggest company, has become the first Chinese firm to file for bankruptcy...

Shen Danyang, spokesman for the Ministry of Commerce and head of the Policy Research Office, has been promoted to deputy governor of Hainan province, The...

Italian luxury brand Prada has hiked the prices of some products for the third time this year amid Koreans' insatiable appetite for overpriced bling.Prada raised...

Chinese Internet giant Tencent has so far invested in 93 enterprises in 2018, with a total investment scale of 187.47 billion yuan (US$27.48 billion), according...

The Ministry of Finance has decided to lighten taxes on vehicles, aiming to promote the use of new energy. The new tax cut is expected...

Xuan Changneng, assistant to the chairman of the China Securities Regulatory Commission, has been promoted to deputy director of State Administration of Foreign Exchange, The...

China Calxon Group, whose controlling interest is held by Xu Jiayin, chairman of real estate giant Evergrande Group, is heading into the movie industry, The...

Samsung Electronics is suffering slow sales of its Galaxy S9 smartphone and becoming increasingly reliant on sales of memory chips.Samsung said Tuesday that second-quarter sales...

China’s central bank will soon welcome two new deputy directors that come from two distinct backgrounds, according to insiders at the institution, Yicai.com reported.Zhu Hexin,...

One of China’s ‘big four’ banks, the Agricultural Bank of China (ABC), has used a blockchain platform to issue a farming-based business loan worth around...

Bangladesh's pharmaceuticals sector will grow 15 percent year-on-year to reach $5.11 billion by 2023, propelled by high investments by local companies as they seek to...

A Vietnamese student is planning to sell coffee grown from her home country in Taiwan, helping hundreds of thousands of small coffee farmers make a...

Shanghai has launched a new fund-backed “cluster town” called Hongqiao Venture Capital Harbor on Monday, with the aim of gathering entrepreneurial venture capital with rich...

With inflation in Japan expected to remain muted, some experts are predicting that the Bank of Japan will tweak its 10-year government bond yield target...

The Ministry of Commerce plans to revise the regulations on foreign investors’ strategic investment of listed companies, as the amendment seeks further public opinion, The...

Hohenstein Institute, a leading accredited German certification provider, has formally launched two laboratories in Dhaka and Chittagong to offer a wide range of chemical and...

Samsung is expected to mollify the government with a W100-trillion investment plan and pledge to cooperate with small and mid-sized contractors with a view to...

Lotte will shut down its department stores in China after an unofficial boycott brought them to their knees, months after deciding to sell off its...

Seoul's major shopping districts are seeing a raft of store closures as the economic slump takes a deeper bite.Myeong-dong in downtown Seoul, Tehran-no area in...

BlackRock, the world’s largest asset management company, has debuted its first private equity fund in China, attracting great attention with a management fee rate nearly...

The China Securities Regulatory Commission announced it has amended its delisting rules, which now include violations in areas such as “public safety” and “public health”...

US President Donald Trump on Friday hailed roaring US economic growth as a "miracle," and said the quickest expansion in almost four years was a...

The Sensex rallied over 300 points, and Nifty breached the 11,200 mark for the first time in early trade on Friday, as ITC lifted benchmark...

Facebook Inc and its chief executive, Mark Zuckerberg, were sued Friday in what could be the first of many lawsuits over a disappointing earnings announcement...

Twitter's share price fell more than 20 percent Friday after the social media giant reported a drop in active users.Twitter said it had 335 million...

Focus Media, the largest out-of-home advertising network in China, has signed an agreement with Alibaba Network Technology Co. Ltd. and its related party Alibaba Group,...

Mercantile Bank will honour 10 eminent persons and bankers with awards to recognise their contribution to the country in their respective fields.Mercantile Bank Chairman AKM...

The National Pension Service, which manages W635 trillion in retirement funds for Koreans, is facing a monumental crisis (US$1=W1,123).The top position at the NPS has...

Yang Jiacai, the former assistant chairman of China’s top banking regulator, has been sentenced to 16 years in prison and fined two million yuan (US$)...

Vegetable prices in Japan are spiking as much as 65 per cent in the grip of a gruelling heat wave, which drove temperatures on Wednesday...

Poly Real Estate, a Chinese property developer and subsidiary of state-owned China Poly Group, is planning to issue a corporate bond amounting to about 15...

Driven by artificial intelligence, virtual reality and other technologies, and parents’ growing recognition of education, China’s online education market is expected to usher in explosive...

Finance Minister AMA Muhith has shrugged off the anomalies raised by the National Board of Revenue about the weight and grade of the gold kept...

Poly Real Estate, a Chinese developer and subsidiary of state-owned China Poly Group, spent about 10.1 billion yuan (US$1.49 billion) in one day to win...

The aviation market between China and the United States has grown rapidly and the cooperation between the two countries’ airline companies is stepping up despite...

One sector that did not kick a goal and cash in during the recent World Cup was the internet porn industry. Leading website Pornhub, a...

Record summer heat has led to power consumers setting a new record as they desperately try to cool themselves.The highest average power consumption reached 90.7...

The China Foreign Exchange Trade Center has launched a currency lending business with bonds as collateral, enabling domestic commercial banks to pledge their foreign currency...

The ongoing Washington and Beijing trade war, could push automobile companies to produce more in China, the CEO and founder of Shanghai-based consultancy Automobility told...