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Italy's fashion industry risks slowdown ...
ROME, March 2 (Xinhua) -- After a positive 2018 overall, the Italian fashion industry would risk a slowdown in 2019, and a good performance on emerging markets such as China could be crucial, accordi
Guangzhou to develop rail transit into p...
GUANGZHOU, April 9 (Xinhua) -- Southern China's Guangzhou has issued a three-year plan to develop its rail transit industry, vowing to expand its scale to 120 billion yuan (17.8 billion U.S. dollars)
China's 'marathon fever' continues with ...
XIAMEN, China, March 11 (Xinhua) -- China's booming running industry witnessed a seven percent increase to reach 74.6 billion yuan (about 11.10 billion US dollars), according to data released by the
Foreign investment transactions in Phili...
MANILA, March 14 (Xinhua) -- Registered investments for February amounted to 1.4 billion U.S. dollars, lower by 31.6 percent compared to the 2.1 billion U.S. dollars recorded for January, the Philipp
Lyft prices IPO at top of range
Lyft raised more than $2 billion Thursday afternoon after pricing its shares at $72 apiece, the top of the expected range of $70 to $72 per share. This gives Lyft a fully-diluted market value of $24 b
Lock-up shares worth over 50 bln yuan el...
BEIJING, April 8 (Xinhua) -- Lock-up shares worth about 51.9 billion yuan (about 7.7 billion U.S. dollars) will become eligible for trading on China's bourses this week. Over 3.2 billion shares will
Indonesia revises revenue target in tour...
JAKARTA, March 19 (Xinhua) -- Indonesia has revised down revenue target in tourism sector this year to 17.6 billion U.S. dollars from the initial target set at 20 billion dollars due to string of dis
Economic powerhouse Guangdong marks incr...
South China's economic powerhouse of Guangdong Province said Monday that its use of foreign capital rose 4.9 percent to reach 145 billion yuan (about 21.5 billion U.S. dollars) in 2018. The data wer
Japan passes supplementary budget to rel...
TOKYO, Feb. 7 (Xinhua) -- A supplementary budget for fiscal 2018 accounting for 3.04 trillion yen (28 billion U.S. dollars) was passed by Japan's parliament on Thursday, intended for funding measures
Xinjiang's foreign trade up 11.6 pct in ...
The foreign trade volume of northwest China's Xinjiang Uygur Autonomous Region rose 11.6 percent year on year in January to 13.94 billion yuan (2.08 billion U.S. dollars), Urumqi customs data showed.
Tibet receives projects worth 20 bln yua...
LHASA, March 28 (Xinhua) -- A total of 2,806 projects involving 20 billion yuan (around 2.97 billion U.S. dollars), supported by partners across China, have been implemented in Tibet Autonomous Regio
China's lottery sales down 8.8 pct in Fe...
BEIJING, April 9 (Xinhua) -- China's lottery sales declined 8.8 percent year-on-year to 23.4 billion yuan (about 3.5 billion U.S. dollars) in February, according to the Ministry of Finance (MOF). Sal
Yunnan invests to build "beautiful count...
KUNMING, Feb. 27 (Xinhua) -- Authorities in southwest China's Yunnan Province have issued guidelines on launching a "beautiful counties" project. In the next three years, 30 billion yuan (4.5 billion
German online retailer Zalando reports s...
BERLIN, Feb. 28 (Xinhua) -- Despite heavy losses and weak revenue growth in the third quarter of 2018, German online retailer Zalando finished 2018 with total sales of 5.4 billion euros (6.15 billion
China policy bank provides financing wor...
China Development Bank (CDB), a major policy bank, has financed more than 600 Belt and Road (BR) projects totaling 190 billion U.S. dollars since the Belt and Road Initiative was proposed in 2013, s
Merck increases profits in 2018 thanks t...
BERLIN, March 7 (Xinhua) -- Net profits of Merck increased by over one quarter to a total of 3.4 billion euros (3.8 billion U.S. dollars) in 2018, annual business figures published by the German chem
Uber said to be raising $1B at a $10B va...
Uber is in negotiations with investors, including the SoftBank Vision Fund, to secure an investment as large as $1 billion for its autonomous vehicles unit. The deal would value the business at betwe
Macao's merchandise export grows by 8.1 ...
MACAO, Feb. 3 (Xinhua) -- The total value of merchandise export increased by 8.1 percent year-on-year to 12.19 billion patacas (about 1.51 billion U.S. dollars), the Macao Special Administrative Regi
China subsidizes 44 mln college students...
BEIJING, March 11 (Xinhua) -- A total of 43.9 million college students in China received financial support in 2018, according to China Education Daily Monday. About 53 billion yuan (7.9 billion U.S.
U.S. storage of working natural gas decr...
HOUSTON, March 7 (Xinhua) -- Working natural gas storage in the contiguous United States was 1,390 billion cubic feet (about 39.4 billion cubic meters) as of March 1, a net decrease of 149 billion cu
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