Business

Google celebrates Gmail's 15th anniversary with smart updates

Google announced Monday new features to Gmail on the mail service's 15th anniversary, pledging to make it more efficient and helpful.

Foreign brands cut prices in China as VAT rates go down

World famous consumer brands including Apple, Louis Vuitton and Gucci have announced their decisions to cut their suggested retail prices to give the gains from China's value-added tax (VAT) cut to consumers.

Milestone inclusion of Chinese bonds marks more financial opening-up

Starting Monday, China's yuan-denominated bonds will be added to the Bloomberg Barclays Global Aggregate Index, another milestone in the opening up of the country's financial market and a boon for global investors.

Vice Premier Liu He leaves for trade talks with U.S.

Chinese Vice Premier Liu He set off for the ninth round of China-U.S. economic and trade consultations in Washington.

Gasoline, auto, iPhone price cuts amid China's VAT reduction

Gas, diesel, car, electricity and iPhone prices have dropped across China today, following the country's new value-added tax rate adjustment, which has taken effect this April 1st.

China continues to suspend additional tariffs on U.S. cars, auto parts

China will continue to suspend additional tariffs on U.S. vehicles and auto parts, according to a notice issued by China's Ministry of Finance on Sunday.

China's non-manufacturing PMI edges up in March

The purchasing managers' index (PMI) for China's non-manufacturing sector came in at 54.8 in March, up from 54.3 in February, the National Bureau of Statistics said Sunday.

China's manufacturing PMI edges up in March

The purchasing managers' index (PMI) for China's manufacturing sector came in at 50.5 in March, up from 49.2 in February, the National Bureau of Statistics said Sunday.

Huawei reports robust 2018 revenue, profit growth

Chinese tech firm Huawei reported robust revenue and profit growth in 2018 "despite a challenging environment," the company announced Friday.
 

China to raise retail oil prices

​China will raise retail prices for gasoline and diesel starting from today. Prices for both will be raised by 80 yuan per tonne.

Hong Kong grants first batch of virtual banking licenses

Hong Kong has granted its first virtual banking licenses to three financial groups. The licences for the three groups – Livi VB Limited, SC Digital Solutions Limited, and Zhong An Virtual Finance Limited – took effect on Wednesday.

Daimler, Geely form joint venture to develop Smart brand

German automaker Daimler AG and China's Zhejiang Geely Holding Group announced Thursday the formation of a joint venture to operate and develop small-car brand Smart globally as a leader in premium-electric vehicles.

China policy bank provides financing worth 190 bln USD for B&R projects

China Development Bank (CDB), a major policy bank, has financed more than 600 Belt and Road (B&R) projects totaling 190 billion U.S. dollars since the Belt and Road Initiative was proposed in 2013.

Huawei welcomes Brussels' recommendation on 5G security

Chinese technology firm Huawei's chief representative to the European Union (EU) said on Tuesday that it welcomes the objective approach of the European Commission's recommendation on 5G security. 

Huawei unveils new P30 Series and Smart Eyewear

Chinese telecommunications firm Huawei released its new #photography-focused handsets – the P30 and P30 Pro smartphones – in Paris on Tuesday.

China to further improve business climate focusing on weak links

China will work harder this year for a more enabling business environment by tackling areas of weakness to better energize the market and stimulate social creativity.

China Aviation Supplies signs record deal with Airbus for 300 aircraft

China Aviation Supplies Holding Company and Airbus have signed a record deal worth 35 billion U.S. dollars in Paris on Monday for the purchase of 290 narrow-body A320 and 10 wide-body A350 XWB aircraft.

Wider opening up brings more opportunities for Beijing Enterprises

To open up its service industry, Beijing has eased market entry in areas of international communication, culture, renovation and finance.

Apple belatedly jumps into the streaming TV business

Jumping belatedly into a business dominated by Netflix and Amazon, Apple announced its own TV and movie streaming service Monday.
 

Kenya bank to boost WeChat Pay, Alipay presence in Africa

Kenyan-based regional financial institution Equity Bank plans to boost presence of WeChat Pay and Alipay in Africa, a banker said on Monday.

HomePrev...29303132333435...NextEndTotal 100 pages