Business

Chinese financial service company ATIF commences stock trading in U.S. market

ATIF Holdings Limited (ATIF), a Chinese financial consulting service firm, began trading its shares on the Nasdaq Capital Market under the ticker symbol "ATIF" on Friday.

Huawei to introduce the world's first 5G TV this year: source

Chinese tech giant Huawei is reportedly to unveil the world's first 5G television as early as this year.

China's top three telecom operators see falling Q1 revenue growth

China's three major telecom operators saw their revenues drop in the first quarter of this year despite rises in service subscribers.

U.S. stocks sink after Fed appears to dash hopes of a rate cut

U.S. stocks sold off late in the day and ended broadly lower Wednesday after the head of the Federal Reserve appeared to play down the possibility of an interest rate cut this year, something some investors had been hoping for.

U.S. Fed signals neither a rate hike nor a cut is likely soon

The U.S. Federal Reserve left its key interest rate unchanged Wednesday and signaled that it's unlikely to either raise or cut rates in coming months amid signs of renewed economic health but unusually low inflation.

China, U.S. hold 10th round of high-level trade talks in Beijing

Chinese Vice Premier Liu He, U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin held the tenth round of China-U.S. high-level economic and trade consultations in Beijing from Tuesday to Wednesday. 

China mulls further opening up financial markets

China plans to unveil a slew of new measures to further open up its financial markets to improve the sector's management and competitiveness.

Apple's fiscal 2Q revenue, profit sag amid iPhone slump

Apple's sales are still shrinking amid weakening iPhone demand, despite the company's increasing emphasis on services designed to bring in a steady flow of money from the 1.4 billion of its devices still in use.

Airbus delivers Chinese market's first H215 heavy helicopter

China's State Grid General Aviation Company has received the first H215 helicopter in the Chinese market from Airbus to conduct utility grid missions, according to Airbus China Monday.

China's non-manufacturing sector holds steady in April

China's non-manufacturing activities eased pace but maintained steady expansion in April.

China's manufacturing PMI remains stable in April

The purchasing managers' index for China's manufacturing sector remained stable at 50.1 in April, slightly down from 50.5 in March, the National Bureau of Statistics said Tuesday.

Samsung Electronics 1Q net profit slumps 56.9 percent

​Samsung Electronics, the world's biggest smartphone and memory chip maker, reported a slump in first-quarter net profits Tuesday, in the face of a weakening chip market.

Nation remains on the right track of maintaining growth

The National Bureau of Statistics reported last week that China's top-line GDP growth rate in the first quarter was 6.4 percent, at the upper end of the government's target of 6 to 6.5 percent growth for 2019. 

Chinese economy firms up with drastic rebound in industrial profit

The Chinese economy has shown more signs of firming up, with its major industrial firms posting a 13.9-percent growth in profit in March from a year earlier.

Discovery plans theme parks, preschool STEM kits in China

U.S. TV group Discovery Inc. has signed with Chinese media investor CMC Inc. to jointly develop theme park business and preschool education products in China.

Chinese, British banks to offer financial support to BRI

​The Export-Import Bank of China and Standard Chartered Bank on Thursday signed a memorandum of understanding (MoU) for cooperation under the framework of the Belt and Road Initiative (BRI).

China, Japan to implement AEO customs agreement in June

The China-Japan agreement on mutual Authorized Economic Operator (AEO) status will go into effect on June 1 to provide easier customs clearance for exporters, according to the General Administration of Customs (GAC).

Chinese Huawei launches Cloud & AI Innovation Lab in Singapore

China's telecom giant Huawei on Wednesday launched its Cloud & AI Innovation Lab in Singapore at the Huawei Cloud Summit 2019.
 

"A lot of progress" being made in US-China trade talks: Trump adviser

"A lot of progress" is being made in the trade negotiations between the United States and China, a senior economic adviser to U.S. President Donald Trump said Tuesday.

British PM gives green light to Huawei to help Britain with 5G network:report

British Prime Minister Theresa May has given the green light to Huawei, a Chinese telecom giant, to help build Britain's new 5G network, a major British newspaper reported Tuesday night. 

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