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Bank of China to boost investment in innovation R&D

The Bank of China, one of the big four state-owned banks, announced it will greatly...

P2P platforms ordered to report defaulted borrowers

The Internet Financial Risk Special Rectification Work Leading Group Office has issued a new guideline...

China Mobile reports better-than-expected net profit

China Mobile, one of the big three state-owned telecom operators, has reported a net profit...

China Evergrande to deliver record dividend of US$2.15 bln

China Evergrande, the second largest Chinese property developer by sales, announced a dividend payment on...

Ikea finally opens first store in what CEO calls a 'more open India'

Ikea has finally opened its first store in India on Thursday, targeting the country's growing...

2 More BMWs Catch Fire

Two more BMWs caught fire on Thursday, one of them a model that was not...

IKEA might face big challenges in India’s unique market

If you thought frenzied crowds only lined up for rock concerts, football matches or the...

Can Galaxy Note 9 Restore Samsung's Smartphone Business?

Samsung is betting everything on the Galaxy Note 9 in a saturated market where all...

Hyundai to Stop Production of Diesel Sedans

Hyundai will stop production of diesel versions of four models amid sluggish sales, the carmaker...

Tk 11,530cr discrepancies detected after GP audit

Grameenphone's alleged financial discrepancies have ballooned almost three times to Tk 11,530.15 crore after the...

Sudden transport strike creates container congestion at Ctg port

Fresh container congestion has hit the Chittagong port because of the transport crisis caused by...

Whose stocks took a beating from China tariffs?

US officials point to weak Chinese stock performance as a gauge of China’s vulnerability to...

First time in 20 yrs, China’s imports exceed exports amid trade war with US

Amid the trade war with the US, China has reported a current account deficit of...

IQiyi Sports secures US$73.19 mn in strategic financing

IQiyi Sports, the sports arm of iQiyi — one of China’s emerging online video platforms...

Taobao launches group buying business on Alipay

Taobao, one of the world’s largest e-commerce websites controlled by Alibaba, has teamed up with...

Inflation edges down in July

Inflation fell slightly to 5.51 percent in July due to a cut in non-food prices,...