China banks show modest profit growth
Beijing – China’s five biggest state-owned banks posted a modest growth in quarterly profit as policymakers pushed them to make more loans, but the results still missed expectations amid the lingering impact of an economic slowdown.Net profits at the country’s … Continue reading China banks show modest profit growth
Cambodia signs Agreement with Huawei for 5G Network
Phnom Penh – Cambodia and Huawei signed an agreement on Sunday to develop the latest fifth generation 5G mobile network technology in the country, which the United States has urged its allies not to use. Cambodia is the first country … Continue reading Cambodia signs Agreement with Huawei for 5G Network
China complains over end to Iran oil sanction waivers
Beijing – China’s Foreign Ministry said on Tuesday it has formally complained to the United States over its decision to end waivers on sanctions on Iranian oil imports, adding another fault line to already complicated Beijing-Washington ties.China is Iran’s largest … Continue reading China complains over end to Iran oil sanction waivers
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
Ageing and Health in ASEAN Countries
Jakarta – The Economic Research Institute for ASEAN and East Asia (ERIA) hosted a special lecture with Nihon University’s Prof Yasuhiko Saito on the ‘Longitudinal Study of Ageing and Health in ASEAN Countries’ on April 4th at ERIA’s Annex Office … Continue reading Ageing and Health in ASEAN Countries
China EV: Byton management shake-up
Shanghai – Chinese electric vehicle (EV) maker Byton, which is facing a management shake-up and questions about funding an expansion, said it has received over 50,000 orders globally for its new SUV model and plans to start production at the … Continue reading China EV: Byton management shake-up
Israel official Culture Travel Partner of ITB China
Berlin/Shanghai – The Israel Ministry of Tourism announces that it has become the official culture travel partner of the third edition of ITB China, set to take place from 15 – 17 May 2019, at the Shanghai World Expo Exhibition and … Continue reading Israel official Culture Travel Partner of ITB China
China: Amazon to shut online store
San Francisco/Beijing/Hong Kong – Amazon.com Inc said it will shut its China online store by July 18, as the U.S. e-commerce giant focuses on the lucrative businesses of selling overseas goods and cloud services in the world’s most populous nation. … Continue reading China: Amazon to shut online store
BYTON prepares break-through in automotive industry
Nanjing – Since being founded in 2016, BYTON, the premium smart electric vehicle brand, has experienced growth at a high rate. This summer BYTON plans to close its ongoing C-round. It is also well on track to start series production … Continue reading BYTON prepares break-through in automotive industry