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Xiaomi to Launch New Smartphone in Korea Next Month

China's Xiaomi will begin selling its Pocophone F1 smartphone in Korea next month.The phone, slated...

Chengdu government launches US$1.44 bn bailout fund

The Chengdu municipal government has set up a 10-billion-yuan (US$1.44 billion) bailout fund to help...

New energy carmaker BYD suffers profit drop

Chinese electric carmaker BYD Auto, which is backed by U.S. business magnate Warren Buffett, recorded...

Europe's largest bank reports a 28 percent rise in pre-tax profit, shares jump 5 percent

HSBC, Europe's largest bank, said on Monday its its third-quarter reported pre-tax profit jumped 28...

SOEs in Shantou and Dongguan to bail out local firms

Shantou and Dongguan cities are the latest major centres to have issued relevant policies for...

Samsung to Offer 5G Smartphones

Samsung is looking to launch fifth-generation mobile wireless technology with its Galaxy S10 smartphone set...

Shanghai nets US$3.37 bn in FDI over a single weekend

German technology group Heraeus has set up an innovation centre in Shanghai with the aim...

FAW Group downplays ‘intentional credits’ from banks

State-owned automotive manufacturer FAW Group says that the one trillion yuan in “intentional credits” granted...

America's closest Asian allies are all pushing for stronger ties — with India

A supporter takes a picture of a map of India made of flowers with a...

Cryptocurrencies stay mostly steady despite global stock market sell-off

Cryptocurrencies held up by and large on Thursday, despite a rout in global stock markets.In...

Alibaba’s ‘Blockchain as a Service’ platform goes global

Alibaba Cloud has taken its Blockchain as a Service (BAAS) suite of products global.The service,...

White House may take trade off Trump-Xi meeting agenda

While Trump administration advisor Larry Kudlow indicated this week that the US president is still...

Robots to make robots

Robots will make robots at a new ABB factory in China, which the Swiss engineering...

In the shadow of Deng, Xi’s southern tour a big letdown

Blame it on Deng Xiaoping, China’s paramount leader from the late 1970s until 1997. China...

Naver's Profits Plummet

Korea's largest portal Naver has seen its operating profit plunge for four consecutive quarters due...

Hyundai Suffers Huge Drop in Profits

Hyundai Motor reported a third-quarter operating profit of W288.9 billion on Thursday, just one fourth...