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China’s central bank rules out ‘flood-like’ wave of stimulus

These are tough times for China’s slowing economy. Battered by sluggish growth and uncertainty surrounding...

Declining Birthrate Forces Child-Related Businesses to Diversify

Companies catering to children, including makers of dairy products, are being forced to adapt their...

Lotte's Flagship Duty-Free Shop Reaches World-Beating Sales

Lotte's flagship duty-free shop in Sogong-dong, downtown Seoul is expected to achieve sales of more...

Kakao Opens 1st Overseas Character Store in Japan

Korea's leading messaging app operator Kakao has opened its first overseas character store in Japan,...

China’s retail sales expected to record 9% growth in 2019

It is estimated that retail sales, which indicate the appetite of Chinese consumers, will grow...

Morgan Stanley says it's 'outright bullish' on Asian markets

Asian markets have hit the bottom and will likely turn around in 2019 due to...

Make more room for macroeconomic policy, says economist

Policymakers have limited room to move these days, and together with the slowdown in economic...

A silver lining for Chinese stocks

China’s Ministry of Commerce stated on its website today that the US and China “made...

Two rich Chinese women lose a combined US$25 billion

Two of the richest women in Hong Kong and China saw their wealth drop more...

China has become a dominant US$1.89 bn logistics market

China has become a global logistics power and the world’s largest logistics market, racking up...

Over 2 Million Workers Are Members of Unions

The number of members of labor union exceeded 2 million for the first time ever...

Businesses Guard Against Sexual Harassment at Christmas Parties

Businesses are taking drastic steps including gender segregation to avoid sexual harassment at Christmas parties...

Top finance execs are losing confidence in China's economy, survey shows

People stand under heavy rain at the Bund in front of the financial district of...

ByteDance to step into finance and e-commerce sectors

Chinese Internet firm ByteDance, owner of Toutiao, a popular machine learning-enabled content platform, is quietly...

PBOC decides to accelerate capital market reform

China is facing an opportunity to push forward capital market reform, as the market has...

Goldman Sachs CEO defends bank in 1MDB scandal

The head of Goldman Sachs defended the investment bank's handling of the scandal-plagued Malaysian fund...