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Declining growth efficiency led to rising leverage rate: analyst

Over the past ten years, one of the most important reasons for China’s rising leverage...

Shenzhen’s new home supply hits three-year high in November

There were 23 housing projects approved for sale in Shenzhen in November, adding 13,217 units...

Renault Samsung to Produce Small Electric Vehicle in Busan

Renault Samsung will begin producing the Twizy, a small two-seater electric car, in Busan next...

Samsung Starts Paid Job Training for Youngsters

Samsung on Monday admitted its first batch of 500 trainees in Seoul, Daejeon, Gwangju and...

Less local government debt issued in November: report

Local government debt issuance saw a sharp drop in November, recording 45.94 billion yuan, while...

Interest rate cut might not ease difficulties for enterprises: analyst

Hoping to ease financing difficulties for small and private companies by lowering the benchmark interest...

Russia overtakes Britain in global arms trade rankings

Russia has overtaken the UK to become the world’s second-largest arms producer but still lags...

Detention of Huawei CEO sparks strong protest from China

Chinese Vice Foreign Minister Le Yucheng on Sunday urgently summoned US Ambassador to China Terry...

Kakao Ride-Sharing App Starts Trial Run

Kakao Mobility launched a trial service of its new ride-sharing app on Friday despite fierce...

Hyundai Sells Over 500,000 Cars in India Again

Hyundai sold more than 500,000 cars in India for the third straight year. According to...

DeNA launches free Tokyo cab service through taxi-hailing smartphone app

Major information technology firm DeNA Co. has launched a free taxi service in Tokyo for...

China exports weaken ahead of U.S. trade talks

China’s export growth sank in November as global demand weakened, adding to pressure on Beijing...

China: Canada’s detention of Huawei exec ‘vile in nature’

China summoned the Canadian ambassador to protest the detention of a top executive of leading...

Huawei CFO facing US fraud charges, seen as flight risk

A Canadian prosecutor told a packed court in Vancouver on Friday that Meng Wanzhou, chief...

What Trump could learn from Clinton on North Korea

A newly installed Republican US president, eager to sweep aside the work of his Democratic...

Soul-searching is in order for Nissan's board after Ghosn allegations, governance experts say

Turmoil at Japan's Nissan Motor surrounding allegations of impropriety by ousted chairman Carlos Ghosn raises...