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September new yuan loans hit US$200 bn

The release of new financial data in September is raising expectations, indicating that support for...

Hainan FTZ moves to welcome foreign investment

The Hainan Pilot Free Trade Zone has lowered the threshold for foreign investors, especially in...

SOEs have acquired 37 listed firms since 2018: report

Local state-owned enterprises, known as SOEs, are accelerating the purchase of equities in privately-owned public...

Norwegian cruiser ‘eaten up’ by Chinese consumers

Spare a thought for Norwegian Joy, which has yet to live up to its cheerful...

Baduk Drives Success of Nongshim Noodles in China

Instant noodle giant Nongshim expects sales of US$280 million in China this year, its 20th...

Hainan FTZ opening up to foreign capital in key sectors

The State Council has officially agreed to set up a pilot Free Trade Zone in...

Triparty repo launched in China’s inter-bank bond market

The People’s Bank of China officially launched the triparty repo in the inter-bank bond market...

Samsung Phone Users Suffer Dearth of Service Centers

There are not enough Samsung smartphone service centers in Korea for the country's 35 million...

Domestic Carmakers Set Sights on Large SUVs

Competition for the large SUV market is heating up, with carmakers turning to large vehicles,...

US against data localisation, says top trade official as RBI deadline draws close

The United States wants to prohibit data localisation to ensure that there is a free...

China Life launches US$2.17 bn Shanghai development fund

China Life Insurance Company has signed an agreement with two real estate developers, China Resources...

Wenzhou offers rewards to encourage more IPOs

Wenzhou, an industrial port city in China’s Zhejiang province, has put forward rewards for enterprises...

Food delivery provider Baidu Waimai rebrands as Star.Ele

Baidu Waimai, the country’s third-largest food delivery service, has rebranded as Star.Ele, after being required...

Brexit talks in crisis over Irish border ahead of crucial summit

Last-ditch Brexit negotiations between the UK and Brussels failed to reach a draft divorce settlement...

Facebook Security Breach Affects 35,000 Korean Users

Some 34,891 Korean Facebook accounts were hacked in the latest security breach in the global...

China in line to meet 6.5% growth target: PBOC

China’s current economic growth is stable and expected to achieve its target of 6.5% or...