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Business

Stocks in year-end tumble

CHINESE markets tumbled on the last trading day of the Year of the Pig, with only a handful of medical and pharmaceutical shares posting gains. The Shanghai Composite Index shed 2.75 percent to 2,976.53 ...

January 24, 2020, Friday

Social e-commerce gains traction in China

Along with thriving social media in China, social media-related retail has been gaining traction, with innovations reshaping the retail landscape....

January 24, 2020, Friday

Under Armour moving forward after shake-up

Huge Under Armour billboards dot the streets of Baltimore, with photos of famous athletes sponsored by the sports equipment supplier, like heavyweight boxer Anthony Joshua or quarterback Tom Brady....

January 24, 2020, Friday

Stocks recover on positive sentiment

Major stock indexes closed higher yesterday as investors gained confidence from China’s quick response to a virus outbreak in Wuhan, capital of Hubei Province....

Yuan Luhang | January 23, 2020, Thursday

Chinese prefer cell payment abroad

Chinese tourists traveling abroad are now using their mobile phones more often to make payments....

Xiao Ding | January 23, 2020, Thursday

Foreign firms show interest in Jiangsu FTZ

East China’s Jiangsu Province has shown increasing appeal to foreign investors in less than half a year after it was established as a pilot free trade zone....

January 23, 2020, Thursday

Moody’s HK downgrade fuels controversy

China’s Hong Kong Special Administrative Region government said yesterday it strongly disagrees with Moody’s latest decision to downgrade Hong Kong’s credit rating....

January 22, 2020, Wednesday

Facebook’s UK head count set to grow

Facebook will hire 1,000 people in London this year after Great Britain leaves the European Union, continuing its expansion of the company’s biggest engineering center outside the United States....

January 22, 2020, Wednesday

HK’s employment rate slips

Hong Kong’s unemployment rate increased to 3.3 percent in the period between October and December 2019, with the unemployment rate for consumption and tourism-related sectors staying at a three-year high...

January 22, 2020, Wednesday

Tencent goes big in Suzhou

Chinese tech giant, Tencent, launched a smart-building operating system in Suzhou to explore research and applications of digital architecture....

January 22, 2020, Wednesday

Services sector fires Shanghai GDP to 6%

SHANGHAI’S economy continued to show signs of strength last year, despite challenges at home and abroad, according to the city’s statistics bureau. Gross domestic product for 2019 touched 3.82 trillion ...

Yuan Luhang | January 22, 2020, Wednesday

Inbound FDI rose 5.8% last year

CHINA’S inbound foreign direct investment expanded 5.8 percent in 2019, the Ministry of Commerce said yesterday. FDI totaled 941.5 billion yuan (US$136.8 billion) last year, with more than 40,000 foreign-funded ...

January 22, 2020, Wednesday

Campaign against Huawei to ‘escalate’

REN Zhengfei, the chief executive and founder of Chinese telecoms giant Huawei, said yesterday he was ready for the United States to escalate a “campaign” against the firm this year but insisted it would ...

January 22, 2020, Wednesday

Han calls for open world economy

CHINESE Vice Premier Han Zheng said yesterday that the fundamental solution to problems in economic globalization lies in building an inclusive and open world economy together. Han said in a speech at ...

January 22, 2020, Wednesday

UCloud up 120% on STAR debut

UCloud, the first dual-class share structure company on domestic stock markets, surged almost 120 percent during its first trading day on the STAR market yesterday....

Staff Reporter | January 21, 2020, Tuesday

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