Goldman Sachs Group Inc Chief Executive Officer David Solomon on Wednesday (Jan 16) apologised to the Malaysian people for former banker Tim Leissner's role in...

Excavation and construction of a bunker some 700 meters underground for a state-of-the-art observatory of neutrinos has been completed in southern China.The laboratory will be...

The market is beginning to adapt better to the fluctuation of the yuan, which is reassuring, but China’s currency is still facing depreciation pressure, said...

Evergrande Group, one of China’s real estate giants, is seeking to expand its portfolio with a move into auto manufacturing, The Paper reported.Evergrande Health, a...

China’s macroeconomic policies should strengthen counter-cyclical control, officials explained at a joint press conference held by the People’s Bank of China (PBOC), the Ministry of...

Ivanka Trump will help manage the Trump administration’s selection of a U.S. candidate for the position of World Bank Group president, a White House official...

Jet Li has given his legion of fans an early present ahead of the Lunar New Year after appearing to be in much better health...

President Donald Trump said Monday he expects to be able to reach a trade deal with China, which is feeling the impact of US tariffs."We...

Too much is being made of the December China imports number. Imports were running at very high levels historically, probably as Chinese companies stocked up...

China’s foreign direct investment (FDI) in 2018 hit a record high of US$134.97 billion, an increase of 3% from a year earlier, data released by...

China’s development environment this year is more complicated and challenging amid the increasing downward pressure on the economy, and the government’s work will be arduous,...

China's plans for tax cuts targeting smaller companies will help to support employment and economic stability, and will expand the country's tax base over the...

The scale of local government bond issuance is expected to be around 4.3 trillion yuan (US$630 billion) in 2019, as China aims to boost infrastructure...

Prime Minister Lee Nak-yon visited Samsung Electronics' headquarters in Suwon on Thursday and talked about the world's first commercialization of 5G services, which the company...

LG Chem on Thursday announced that it will invest W1.2 trillion by 2020 to expand its two battery plants in Nanjing, China (US$1=W1,120). Half of...

Even though their products have yet to take a direct tariff hit, exhibitors at the Hong Kong Toys & Games Fair said the tariff battle...

Coca-Cola has spearheaded an effort by American junk food companies, including PepsiCo, Nestle and McDonald's, to quietly shape China's nutrition policy through a non-profit group...

Oman’s 3,165-kilometer eastern seaboard, a pristine jewel facing the Arabian Sea and Indian Ocean beyond, has been sailed for millennia by adventurous fishermen.But big changes...

Legislators are continuing to make waves with plans to house more than  one million additional people on four artificial islands near Disneyland, with critics questioning...

The average price of second-hand housing in Beijing has fallen for the first time in 10 years, and some property owners have been forced to...

China will put forward new policies to boost consumer demand for automobiles and home appliances, said Ning Jizhe, deputy director of the National Development and...

The People’s Bank of China (PBOC) will launch the targeted medium-term lending facility (TMLF) later this month, said Yi Gang, the governor of the PBOC,...

Amazon founder Jeff Bezos, the world’s wealthiest person, announced Wednesday on Twitter that he and his wife MacKenzie Bezos are getting divorced after a long...

Jack Ma, the chairman of Alibaba Group and one of the world’s richest men, was in the news again recently – while people continue to...

Hyundai's midsize SUV Santa Fe sold over 100,000 vehicles for the first time in Korea last year since its launch 19 years ago.The feat was...

Many small businesses are cutting business hours as the minimum wage rises by another 10.9 percent this year. They close their shops early to save...

Tesla broke ground Monday on a new factory for its electric cars in China, the first of its factories to be located outside the United...

Demand for lawyers is falling and recent graduates often struggle to find jobs as law schools proliferate.Of the estimated 1,500 newly qualified lawyers joining the...

The first round of comprehensive trade talks between the US and China since the countries declared a tentative ceasefire late last year is set to...

As the age of US dominant influence in Latin America recedes further into the past, new reporting this week sheds light on how China’s role...

The latest round of trade talks between China and the US has been extended, indicating that the two countries are determined to reach an agreement...

Foreign investors will be encouraged to focus on a broader range of areas, said Ning Jizhe, the deputy director of Nation Development and Reform Commission...

Chinese phone manufacturer Huawei has issued a statement denying there is any substance to a rumor circulating online that it is planning to become a...

A genral view of Ken Rosewall Arena as rain stops play during day three of the 2018 Sydney International at Sydney Olympic Park Tennis Centre.Australian...

Chinese real estate giant Evergrande Group has set a higher sales target for 2019, 600 billion yuan (US$87.58 billion), amid the housing market downturn, compared...

Nissan Motor's ousted chairman Carlos Ghosn declared he was innocent on Tuesday in his first public appearance since his arrest in November, telling a Tokyo...

Samsung Electronics surprised the market on Tuesday with an estimated 29 percent drop in quarterly profit, blaming weak chip demand in a rare commentary issued...

The Chinese economy is expected to grow at a rate of 6.3% in 2019, according to a survey of 21 economists conducted by Yicai.com.Economists are...

World Bank President Jim Yong Kim announced Monday he would step down next month, more than three years before his current term was due to...

The Chinese economy may hit bottom after the first quarter and growth is expected to stabilize in April and May, said Sheng Songcheng, a former...

The Chinese housing market has peaked and will experience a downturn in 2019, said Ye Aoxing, a senior director of Standard & Poor’s enterprise rating...

The market is expecting several more reserve requirement ratio (RRR) cuts this year, following the central bank’s latest move to cut the RRR by one...

South Korea may get fewer Chinese tourists these days, but that does not mean they cannot buy Korean goods.Korea’s retail franchise Lotte Duty Free reported...

LG will release its new budget smartphone later this week, the handset maker said on Sunday.Despite its relatively low price of W499,400, the phone called...

Apple CEO Tim Cook told CNBC on Wednesday that he believed the ongoing trade tensions between the U.S. and China "put additional pressure" on Asia's...

The Trump administration's trade war is sending a bit of a chill across the Chinese economy, and that has U.S. executives over a wide swath...

Chinese New Year has come early for Xiaomi Corporation staff. The Chinese smartphone manufacturer announced it had issued 210 million class B restricted shares to...

China’s population will reach a peak of 1.442 billion in 2029, and will continue to experience negative growth from 2030 onward, according to a report...

The Chinese government is likely to set a GDP growth target between 6 to 6.5%, while GDP could actually grow by 6.3%, Yicai.com reported, citing...

Market insiders expect that the much-anticipated Shanghai-London stock connect, a cross-listing program between exchanges in Shanghai and London, could be officially launched during the first...

Spare a thought for Sin Tat Plaza, a venue that, over a period of more than ten years, may have sold more iPhones than Apple’s...

Former Nissan boss Carlos Ghosn will "vigorously" defend himself in a Japanese court this week after refusing to sign a confession in return for being...

Shares in Tesla dropped as much as 9 percent on Wednesday on worries of future profitability, after the electric car maker cut U.S. prices for...

Korea's biggest game developer Nexon is up for sale amid an overall decline in the industry.Banking insiders on Thursday said Kim Jung-ju, Nexon founder and...

The first ever close-up of the moon’s surface on its far side, transmitted by China’s Chang’e-4 lunar probe, has appeared on front pages of numerous...

It is all down to the China syndrome. Embroiled in a trade war with Washington and grappling with slowing growth, Beijing is facing a challenging...

The top story of 2019 – and the years ahead – will continue to revolve around the myriad, dangerous permutations of the economic ascent of...

A Japanese sushi entrepreneur paid a record US$3.1 million for a giant tuna on Saturday (Jan 5) as Tokyo's new fish market, which replaced the...

Qatar Airways announced on Wednesday that it had acquired a 5% stake in China Southern Airlines, a move it hopes will help it establish itself...

The People’s Bank of China has decided to ease the reserve requirement ratio criteria for small and micro-sized enterprises, in hopes of boosting lending to...

China’s ride-hailing giant Didi launched its financial service on its app via a low-key profile on Wednesday, The Paper reported.This is the first time for...

Nissan launched its X-Trail SUV in Korea on Wednesday.The compact crossover SUV boasts a roomy interior and has sold over 6 million units around the...

Hyundai on Wednesday unveiled teasers for a four-legged walking car called "Elevate."Under normal conditions the car drives like any other conventional vehicle, but on rocky...

Passengers had to put on their oxygen masks due to a problem with cabin pressure control on a Jin Air plane from Incheon to Sapporo...

China’s current real estate regulations are unlikely to relax this year, as the housing market is expected to remain stable, according to a commentary on...

Netflix has pulled an episode of a satirical comedy show that criticizes Saudi Arabia after officials in the kingdom complained, raising serious questions about the...

Ten out of 13 main exports decreased last month compared to a year earlier, with semiconductors suffering the first on-year fall in 27 months.Total exports...

Major real estate developers have bucked the trend by maintaining a relatively high level of sales growth amid the ongoing downturn in the housing market,...

According to Yu Yongding, a former member of the central bank’s Monetary Policy Committee, China’s most pressing issue is to halt the further decline in...

The yuan exchange rate has potential to appreciate against the US dollar in the medium term if the Chinese economy can achieve high-quality development and...

Hyundai on Friday unveiled an automated valet parking system for electric cars set for commercial release in 2025.The 3-D promo video posted on YouTube shows...

The employment rate for university graduates in 2017 was at an all-time low. Even graduates of technical colleges and graduate schools landed fewer jobs for...

The phone call between Chinese President Xi Jinping and US President Donald Trump on Dec 29 has sent a positive signal for the resolution of...

China Overseas Land and Investment has snapped up the last piece of Hong Kong government land this year as it took a second bite of...

China will add a total 1.39 trillion yuan (US$202.07 billion) of local debt in 2019, including 580 billion yuan in local government bonds and 810...

Spare a thought for fans of Andy Lau Tak-wah, especially those who were unable to secure seats at his latest, sold out series of shows...