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Tencent earmarks 93 firms for US$27.48 bn in cash injections

Chinese Internet giant Tencent has so far invested in 93 enterprises in 2018, with a...

Tax cut on new energy vehicles to help boost sales

The Ministry of Finance has decided to lighten taxes on vehicles, aiming to promote the...

Foreign exchange bureau welcomes a new deputy director

Xuan Changneng, assistant to the chairman of the China Securities Regulatory Commission, has been promoted...

China Calxon Group enters movie sector

China Calxon Group, whose controlling interest is held by Xu Jiayin, chairman of real estate...

Samsung's Reliance on Semiconductors Grows Alarmingly

Samsung Electronics is suffering slow sales of its Galaxy S9 smartphone and becoming increasingly reliant...

Central bank welcomes two new deputy directors

China’s central bank will soon welcome two new deputy directors that come from two distinct...

Leading Chinese bank issues farming loan using blockchain

One of China’s ‘big four’ banks, the Agricultural Bank of China (ABC), has used a...

Local pharma market set to hit $5.11b by 2023

Bangladesh's pharmaceuticals sector will grow 15 percent year-on-year to reach $5.11 billion by 2023, propelled...

Vietnamese student aims to sell family’s coffee in Taiwan

A Vietnamese student is planning to sell coffee grown from her home country in Taiwan,...

Shanghai launches its first venture capital town

Shanghai has launched a new fund-backed “cluster town” called Hongqiao Venture Capital Harbor on Monday,...

Markets are focusing on Japan's central bank. Here's what experts predict

With inflation in Japan expected to remain muted, some experts are predicting that the Bank...

Regulations to be relaxed for foreign A-share investors

The Ministry of Commerce plans to revise the regulations on foreign investors’ strategic investment of...

Leading German textile certifier opens labs in Dhaka, Ctg

Hohenstein Institute, a leading accredited German certification provider, has formally launched two laboratories in Dhaka...

Samsung to Offer Massive Investment Pledges

Samsung is expected to mollify the government with a W100-trillion investment plan and pledge to...

Lotte to Shut Down Chinese Department Stores

Lotte will shut down its department stores in China after an unofficial boycott brought them...

Storefronts Darken in Seoul's Major Shopping Districts

Seoul's major shopping districts are seeing a raft of store closures as the economic slump...