Vegan unicorn Beyond Meat to aim for $1.2 bln valuation in IPO

Uber's IPO is set to grab the headlines next month as it looks for a valuation of 91.5 billion U.S. dollars, with investors ready to pump cash into what they see as the future of transport. But among

Boeing CEO faces shareholders for first time since 737 MAX crashes

Boeing chief executive Dennis Muilenburg will face shareholders on Monday for the first time since two fatal crashes that led to the 737 MAX's grounding worldwide and triggered investigations, lawsui

Belt and Road fast lanes open at Chinese major ports

China's National Immigration Administration now allows people engaging in Belt and Road-related businesses to enter the country via fast lanes. Dubbed the "Belt and Road Lane," six land ports and 12

China to better protect shareholders' rights

China's Supreme People's Court Sunday issued a judicial interpretation of company law, requiring increased efforts to protect shareholders' rights. The interpretation stipulated that controlling shar

APD | Cambodia-China reached 6 deals

Business Inroads: StanChart highlights quality in BRI financing

Quality over quantity, multilateral involvement– these are the things Standard Chartered Bank believes will make the Belt and Road Initiative (BRI) successful in the long run, according to José Viñal

Iran inflation could reach 40% as economy shrinks further – IMF

Iran's economy is expected to shrink for the second consecutive year and inflation could reach 40 percent, an International Monetary Fund senior official said, as the country copes with the impact of

High-tech companies from inland China eye for IPOs

Eight firms from southwestern Chinese city of Chengdu are planning to land on the Science and Technology Innovation Board this year and 30 more firms are preparing to do so next year, according to Ch

Get the facts: Chinese youth and consumption

‍In China, youths constitute a huge consumer group in light of both its population size and vast consumption demands. According to estimates by the Chinese Academy of Social Sciences, the country's p

DBS posts record quarterly profit, powered by lending income

DBS Group Holdings Ltd, Southeast Asia's biggest lender, beat market estimates on Monday to post a record quarterly profit, as strong net interest income offset weakness in wealth management, brokera

Real estate market weakens in China's resource-depleted cities

While housing prices in China's megacities like Beijing and Shanghai remain sky-high, a little-known border city in the nation's northeast has developed a reputation overnight on social media for its

Chinese electric car maker BYD's first-quarter profit up 632 percent

Chinese electric vehicle maker BYD Co Ltd, backed by U.S. investor Warren Buffett, reported on Sunday a 632 percent jump in its first-quarter net profit, buoyed by strong demand for its new energy ve

Canadian and Japanese leaders tout benefits of CPTPP

Canadian and Japanese leaders on Sunday jointly trumpeted a rebooted Pacific trade pact that came into effect at the start of the year, without the United States. The landmark 11-country trade deal,

Trump presses Japan's Abe to build more vehicles in the U.S.

U.S. President Donald Trump pressed Japanese Prime Minister Shinzo Abe to have Japanese automakers produce more vehicles in the United States, according to a readout of their recent meeting provided

Buffett's Berkshire Hathaway moves into Dubai despite property slump

The real estate affiliate of billionaire investor Warren Buffett's Berkshire Hathaway Inc. said on Sunday it will expand its brokerage operations into the Middle East by opening an office in Dubai. I

Iran's top commander says no intention to close Strait of Hormuz

Iran's top military commander said on Sunday that the Islamic republic does not intend to close the Strait of Hormuz for the international shipping. Tehran wants the Strait of Hormuz to remain open

KPMG and EY: BRI creates win-win situation for all parties involved

In Chinese President Xi Jinping's keynote speech at the opening of the second Belt and Road Forum, he identified high-quality development of initiatives as being essential for the future. Nowadays ma

Citibank sees double-digit revenue growth in hosting countries

Citibank has seen its revenues from supporting clients along the Belt and Road Initiative (BRI) growing, and considers credit risk as minimal, according to Alan MacDonald, Citibank Vice Chairman. “Ou

Impacts of the Belt and Road Initiative in a small German town

When lawyer Dr. Jur. Yong Wu moved to Germany from China six years ago for school, he never knew it would be long term. After a few years in Gottingen and Munich he moved to Duisburg in Western Germa

2nd BRF ends with 283 results, consensus on high-quality cooperation

A total of were achieved during the preparatory process and the holding of the second Belt and Road Forum for International Cooperation (BRF) in Beijing, Chinese President Xi Jinping announced on Sat