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