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Huawei reports robust 2018 revenue, prof...
SHENZHEN, March 29 (Xinhua) -- Chinese tech firm Huawei reported robust revenue and profit growth in 2018 "despite a challenging environment," the company announced Friday. The company raked in 721.2
China Int'l Marine Containers sees 35 pc...
SHENZHEN, March 28 (Xinhua) -- China International Marine Containers (Group) Co., Ltd. (CIMC) posted a 34.7 percent annual growth in net profit for 2018. In its 2018 financial results filed to the Sh
China's postal sector sees growth in Jan...
China's postal sector made over 85.34 billion yuan (about 12.62 billion U.S. dollars) in revenue in January, up 21 percent year on year, official data showed. The business volume of the sector total
China's outbound direct investment remai...
BEIJING, March 21 (Xinhua) -- China's non-financial outbound direct investment (ODI) in 1,416 overseas companies in 138 countries and regions stood at 15.66 billion U.S. dollars in the first two mont
Greece raises 1.29 bln USD in treasury b...
ATHENS, Feb. 27 (Xinhua) -- Greece raised 1.14 billion euros (1.29 billion U.S. dollars) on Wednesday in a 26-week treasury bills auction, the country's Public Debt Management Agency (PDMA) announced
Hainan sets up multi-billion-yuan fund f...
Southern China's island province of Hainan has launched a 3 billion yuan (449 million U.S. dollars) fund for free trade zone (FTZ) construction, local authorities said Sunday. The municipal governme
China invests over 478 billion USD in tr...
Fixed-asset investment (FAI) in China's transport sector totaled 3.2 trillion yuan (about 478.9 billion U.S. dollars) last year as the country continued to spend on infrastructure construction, offi
Local gov't bond issuance going down in ...
BEIJING, March 20 (Xinhua) -- Local governments raised 364.2 billion yuan (about 54.36 billion U.S. dollars) through bond issuance in February, down from 418 billion yuan in January, data showed Wedn
China's online advertising market expand...
BEIJING, March 17 (Xinhua) -- China's internet advertising market expanded to the size of 371.7 billion yuan (about 55.48 billion U.S. dollars) last year, up 25.7 percent year on year, according to t
China Mobile posts slower profit growth
BEIJING, March 21 (Xinhua) -- China Mobile, the country's largest mobile operator, reported slower growth in net profits last year, company data showed Thursday. The company said in a statement its p
Brunei sees 5.9 pct drop in 2018 trade b...
BANDAR SERI BEGAWAN, March 17 (Xinhua) -- Brunei recorded a 5.9 percent drop in trade balance last year as growth in imports outpaced exports, according to government statistics released on Sunday. D
Ghana raises 3 bln USD from Eurobond sal...
ACCRA, March 21 (Xinhua) -- Ghana successfully raised 3 billion U.S. dollars from its Eurobond sale to global investors on Tuesday, the government has said. Ghanaian Minister for Information Kojo Opp
Malaysia's sovereign fund Khazanah recor...
KUALA LUMPUR, March 5 (Xinhua) -- Malaysia's sovereign wealth fund Khazanah Nasional Berhad said Tuesday it recorded a pre-tax loss of 6.27 billion ringgit (1.54 billion U.S. dollars) in 2018 due to
Malaysia's Petronas earnings up 22 pct o...
KUALA LUMPUR, March 8 (Xinhua) -- Malaysia's national oil firm Petronas announced Friday that the group's profit after tax rose 22 percent to 55.3 billion ringgit (13.52 billion U.S. dollars) in 2018
Pinterest sets IPO range at $15-17, valu...
After dropping its IPO filing two weeks ago, today Pinterest, the social media platform where people can discover and share ideas and content through grids of “pinned” images, filed an upd
East China's Shandong unveils billion-do...
Transport authorities in east China's Shandong Province announced that it plans to invest 162.2 billion yuan (about 24.2 billion U.S. dollars) on roads, railways, ports and airports this year. The i
JD reports 22 pct revenue growth in Q4
BEIJING, Feb. 28 (Xinhua) -- Chinese e-commerce giant JD.com on Thursday reported a 22-percent year-on-year increase in net revenues for the fourth quarter of 2018. According to unaudited financial r
Philippine investments reach 4.6 bln USD...
MANILA, April 1 (Xinhua) -- Total investments approved by the Philippine Board of Investments (BOI) posted a 60-percent increase for the first quarter of 2019, reaching 243 billion pesos (about 4.6 b
Mexico anti-fuel theft plan to stem $2.6...
Mexico's fight against rampant fuel theft is expected to save the government nearly 50 billion pesos (2.6 billion U.S. dollars) in losses this year, President Andres Manuel Lopez Obrador said Thursda
China sees rising FDI inflows in Jan-Feb
BEIJING, March 15 (Xinhua) -- Foreign direct investment (FDI) into the Chinese mainland expanded 5.5 percent year on year to reach 147.11 billion yuan (about 21.69 billion U.S. dollars) in the first
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