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China’s Tencent is raising $6 bill...
Tencent, Asia’s largest tech firm, is raising $6 billion after the Hong Kong-listed firm announced a new note sale today.Tencent last tapped the markets when it raised $5 billion in January 2018
Property giant Country Garden sees profi...
GUANGZHOU, March 18 (Xinhua) -- China's leading property developer Country Garden Monday reported rises in major financial indicators including revenue and core profit in 2018. The Guangdong-based co
Missing CO2 targets for transport sector...
BERLIN, March 6 (Xinhua) -- The German government could incur costs of up to 36 billion euros (40.7 billion U.S. dollars) if it misses European Union (EU) targets for greenhouse gas emissions reducti
China Eastern Airlines revenue up 13 pct...
China Eastern Airlines Co., Ltd., one of the country's three largest state-owned airlines, registered revenues of 114.93 billion yuan (17.13 billion U.S. dollars) in 2018, up 12.99 percent year on ye
China's first financial court accepts 2,...
The Shanghai Financial Court has accepted nearly 2,900 cases since its establishment in August 2018, with the total amount of claims surpassing 40 billion yuan (around six billion U.S. dollars). Xiao
European Investment Bank Group injects 2...
DELPHI, Greece, March 1 (Xinhua) -- European Investment Bank (EIB) Group provided 1.9 billion euros (2.15 billion U.S dollars) for new private sector, energy and urban investment across Greece in 201
TCL net profit up 30 pct in 2018
SHENZHEN, March 20 (Xinhua) -- China's leading home appliance manufacturer TCL Corp. posted a 30.2 percent year-on-year rise in net profits for 2018. In its annual financial results filed to the Shen
China border province posts 36 pct trade...
KUNMING, Feb. 28 (Xinhua) -- Yunnan, a border province in southwest China, saw its foreign trade rise 35.8 percent year on year to 19.9 billion yuan (3 billion U.S. dollars) in January, said Kunming
Malaysia's int'l reserves stand at 102.4...
KUALA LUMPUR, March 7 (Xinhua) -- Malaysia's central bank, Bank Negara, said on Thursday that its international reserves stood at 102.4 billion U.S. dollars as of Feb. 28. The reserves were marginall
Huawei reports robust 2018 revenue, prof...
Chinese telecom giant Huawei reported robust revenue and profit growth in 2018 "despite a challenging environment," the company announced Friday. The company raked in 721.2 billion yuan (about 105.2
Central bank injects liquidity into mark...
BEIJING, Feb. 1 (Xinhua) -- China's central bank lent 16 billion yuan (about 2.39 billion U.S. dollars) to financial institutions through the standing lending facility (SLF) in January to help meet p
Vietnam's state budget collection up 13....
HANOI, April 8 (Xinhua) -- Vietnam posted budget collection of 381 trillion Vietnamese dong (16.6 billion U.S. dollars) in the first quarter of this year, up 13.2 percent on-year. Domestic revenue st
Malaysia's investment outlook positive: ...
KUALA LUMPUR, March 15 (Xinhua) -- Despite weaker domestic sentiment, Malaysia's robust investment approvals of 201.7 billion ringgit (49 billion U.S. dollars) recorded in 2018 signaled that investor
Shanghai reports double-digit rise in to...
SHANGHAI, March 13 (Xinhua) -- Shanghai's tourism industry brought in 509.23 billion yuan (about 76 billion U.S. dollars) in 2018, up 13.54 percent year on year, according to the Shanghai Municipal A
China's central bank injects liquidity i...
BEIJING, Feb. 27 (Xinhua) -- China's central bank injected liquidity into the money market through reverse repos Wednesday. The People's Bank of China conducted 60 billion yuan (about 9 billion U.S.
Drought wipes 4 bln USD off value of Aus...
CANBERRA, March 5 (Xinhua) -- A devastating drought has wiped 5.8 billion Australian dollars (4.1 billion U.S. dollars) off the value of all that is farmed in Australia in two years. In its latest co
Foxconn Industrial Internet net profits ...
SHANGHAI, March 30 (Xinhua) -- Tech giant Foxconn Industrial Internet (Fii) Friday evening announced that the company has registered a net profit of more than 16.9 billion yuan (2.52 billion U.S. dol
China's new yuan loans expand in Februar...
China's new yuan-denominated loans stood at 885.8 billion yuan (about 131 billion U.S. dollars) in February 2019, up 46.5 billion yuan year on year, central bank data showed Sunday. The M2, a broad
British gov't launches new fund for stru...
LONDON, March 4 (Xinhua) -- British Prime Minister Theresa May announced on Monday a 1.6 billion pound fund to boost prosperity of deprived towns after Brexit, a move criticized by the opposition Lab
Macao's merchandise export up 24.6 pct i...
MACAO, March 2 (Xinhua) -- Macao's total merchandise export in January amounted to 1.53 billion patacas (about 189.31 million U.S. dollars), up 24.6 percent year-on-year, and export rose 7.2 percent
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