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China Eastern to buy 8% Juneyao stake in US$450 mn deal

China Eastern Airlines is planing to buy a 3.154 billion yuan (US$450 million) stake in...

Internet traffic hijack dogs Google

Internet traffic hijacking disrupted several Google services Monday, including search and cloud-hosting services.Network-monitoring companies say...

Korean Retailers Enjoy Strong Sales on China's Singles Day

Korean retailers enjoyed strong sales on another record-setting Singles Day, China's biggest online shopping event,...

Tax and fee cuts will exceed US$190 bn: minister

It is estimated that tax and fee cuts this year will be greater than 1.3...

China poised to kick off 6G R&D this year, officials say

China will kick off extensive 6G research this year, said Su Xin, head of the...

Iran could be the key to cementing India and Japan ties

US President Donald Trump has elevated India and Japan to the top of his list...

Alibaba generates US$30.69 bn in sales on Double Eleven

Chinese e-commerce giant Alibaba achieved a total transaction volume of 213.5 billion yuan (US$30.69 billion)...

Small Businesses Lay off Workers Amid Minimum-Wage Hike

Small and mid-sized companies are laying off workers ahead of another 10.9-percent hike in the...

‘One two five’ lending goal is not for every bank: regulator

The new requirement of banks’ lending to private enterprises, the so-called “one two five” goal,...

Most Koreans Fear Economy Will Get Worse

The vast majority of Koreans believe the country's economy will either get worse or at...

ASEAN economic ministers ink first e-commerce agreement

Economic ministers from the Association of Southeast Asian Nations (ASEAN) on Monday (Nov 12) signed...

Knockoffs thrive in China e-commerce

Sneakers on a popular Chinese e-commerce platform look like Adidas, but are branded "Ababis". Underwear...

China to become largest theme park market: report

China is slated to become the world’s largest theme park market by 2020, when the...

China Merchants Securities launches US$290 mn bailout fund

China Merchants Securities (CMSC) and its wholly-owned asset management subsidiary will set up a bail-out...

Apartment Price Surge in Seoul Comes to a Halt

The explosive surge in apartment prices in Seoul has finally come to a halt for...

NCsoft to Release New Mobile Games Next Year

Online game maker NCsoft will launch five new mobile games."Five new massively multiplayer online role-playing...