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Buoyant Ikea gears up for more store expansion in China

Buoyant Ikea gears up for more store expansion in China

2017-08-18 13:43

Ikea Group plans to open three new stores in China in its new financial year, which has just started.

Myanmar state-owned airline to extend wing to Chinas Chengdu

Myanmar state-owned airline to extend wing to China's Chengdu

2017-08-18 13:40

Myanmar National Airlines (MNA), a state-owned airline, will extend wing to China's Chengdu.

Ping An Insurance net profit up 6.5 pct in H1

Ping An Insurance net profit up 6.5 pct in H1

2017-08-18 10:59

Ping An Insurance Thursday announced that its net profit rose 6.5 percent year on year to 43.4 billion yuan in the first half of the year.

Alibaba profit surges 96 pct in first fiscal quarter

Alibaba profit surges 96 pct in first fiscal quarter

2017-08-18 10:55

China's e-commerce giant Alibaba said that its net profit jumped 96 percent to more than RMB 14 bln y-0-y in the first fiscal quarter ending June.

Vestas sees Q2 profit drop, maintains annual outlook

Vestas sees Q2 profit drop, maintains annual outlook

2017-08-18 10:49

Danish wind-turbine manufacturer Vestas reported a drop in operating profits for the second quarter of 2017 on Thursday.

Monopoly concerns over Air Berlin sale to Lufthansa

Monopoly concerns over Air Berlin sale to Lufthansa

2017-08-18 10:47

The potential sale of Germany's second largest carrier Air Berlin to domestic rival Lufthansa has sparked further criticism over antitrust issues.

S. Koreas Hyundai Motor unveils hydrogen-powered SUV

S. Korea's Hyundai Motor unveils hydrogen-powered SUV

2017-08-18 10:45

Hyundai Motor, South Korea's biggest automaker,unveiled a new hydrogen-powered sports utility vehicle.

Listed firms upbeat on earnings amid signs of steady economy

Listed firms upbeat on earnings amid signs of steady economy

2017-08-18 10:21

Most listed firms that have released earnings forecasts for the first three quarters foresee better profits than last year.

Alibaba shares climb nearly 3 pct after earnings report

Alibaba shares climb nearly 3 pct after earnings report

2017-08-18 09:54

Shares of China's e-commerce giant Alibaba went up 2.77 percent to close at 163.92 U.S. dollars on Thursday after quarterly earnings report.

Tencent earns RMB30.8 bln in H1 and will enhance AI development

Tencent earns RMB30.8 bln in H1 and will enhance AI development

2017-08-17 15:42

Tencent Holdings Ltd. reported a total revenues of 106.158 billion yuan and a net profit of 30.859 billion yuan in the first half of 2017.

China Unicom unveils RMB 78bln mixed ownership reform plan

China Unicom unveils RMB 78bln mixed ownership reform plan

2017-08-17 15:35

China Unicom finally unveiled its long-waited mixed ownership reform plan,with involved 78 billion yuan and new investors including Baidu, Alibaba....

China becomes U.S. biggest creditor again

China becomes U.S. biggest creditor again

2017-08-17 14:57

China once again became the United States' biggest creditor, with its holdings of U.S. government debt 1.15 trillion dollars in June.

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