Sri Lanka: Terrorist attacks claim over 280 victims
Colombo – After the six attacks on churches and hotels in Sri Lanka with more than 280 deaths, there have been two more explosions in Colombo, the capital of the south Asian country. The seventh occurred at a hotel, the … Continue reading Sri Lanka: Terrorist attacks claim over 280 victims
Philippines: Earthquake shakes capital
Manila – Five people were killed when at least two buildings collapsed as a strong earthquake rocked the northern Philippines, a local official said. Three bodies have been pulled out of a collapsed building in the town of Porac, while … Continue reading Philippines: Earthquake shakes capital
Taiwan: Foxconn Boss wants to be become new President
Taipeh – Taiwan’s richest man, the boss of Foxconn, Terry Gou, announced on Wednesday he will likely run for the Taiwanese presidency. The party he intends to run for favors closer ties with Beijing, which would likely help with Gou’s … Continue reading Taiwan: Foxconn Boss wants to be become new President
HANNOVER MESSE: “Driver of industrial transformation”
Hannover –“HANNOVER MESSE 2019 showed that it is the world’s most important platform for all technologies related to industrial transformation,” said Dr. Jochen Köckler, Chairman of the Managing Board at Deutsche Messe. “More than 215,000 visitors used HANNOVER MESSE to invest … Continue reading HANNOVER MESSE: “Driver of industrial transformation”
Luckin Coffee chief asks banks for $200 million loan
Hong Kong – Chinese startup Luckin Coffee’s chairman is seeking a loan of at least $200 million from banks including Goldman Sachs and Morgan Stanley under a deal that would award them mandates in the firm’s planned U.S. IPO, people … Continue reading Luckin Coffee chief asks banks for $200 million loan
China, Indonesia ground Boeing 737 MAX 8
Beijing – China, Ethiopia and Indonesia have grounded all Boeing 737 MAX 8 aircraft while a number of airlines across the world are carrying out safety measures on the jets following the Ethiopian Airlines crash on Sunday that killed all 157 people on board. On … Continue reading China, Indonesia ground Boeing 737 MAX 8
Cathay Pacific making profit again
Hong Kong – Hong Kong’s Cathay Pacific Airways Ltd projected its annual profit at more than double analyst estimates as its turnaround plan designed to cut costs and boost revenue pays off, sending its shares surging nearly 9 percent on … Continue reading Cathay Pacific making profit again
China-U.S. trade talks ‘making a final sprint’
Shanghai – Chinese state media on Saturday expressed cautious optimism over trade talks between the United States and China, a day after President Xi Jinping said a week of discussions had produced “step-by-step” progress. Xi made the comments at a … Continue reading China-U.S. trade talks ‘making a final sprint’
Emirates Codeshare with China Southern Airlines
Dubai/Guangzhou – Emirates and China Southern Airlines (IATA code: CZ) have signed a Memorandum of Understanding (MoU) to progress a comprehensive reciprocal codeshare agreement, which is set to open up new destinations for passengers travelling between China and the Middle East … Continue reading Emirates Codeshare with China Southern Airlines
Asia Pacific: Most tourists from China
Between 2018 and 2023, the Asia Pacific region is expected to enjoy a steady 5.5% average increase in international visitor arrivals (IVAs) per year. With this growth, the IVAs are predicted to reach a record high of almost 900 million … Continue reading Asia Pacific: Most tourists from China