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Chinese online lender HeZhong International sets terms for U.S. IPO
HeZhong International Holding announced terms for its initial public offering (IPO) on the U.S. stock market Wednesday.
Ctrip expands investment in Indian travel market
Ctrip, Shanghai based online travel agency (OTA) announced recently a deal with global group Naspers to expand its investment in Indian travel market.
Chinese baijiu producer Wuliangye sees quarterly net up 30.26pct y-o-y
Wuliangye Yibin Co., Ltd. (000858.SZ) reaped 6.475 billion yuan of net profit in the first quarter, up 30.26 percent year on year.
Hainan Airlines reports profit plunge in 2018
Hainan Airlines Holding Co. Ltd. reported a 208 percent plunge in net profit in 2018 following a surge in exchange losses.
Starbucks CEO says Luckin’s ‘heavy discount’ strategy isn’t sustainable
The CEO of Starbucks claimed Chinese upstart Luckin can’t last just days after it filed for a U.S IPO.
Boeing close to complete update to 737 MAX flight control software
Boeing Company CEO and Chairman Dennis Muilenburg: The company is close to completing an update to a flight control software of 737 MAX aircraft
India's Jet Airways employees propose to bid for embattled airline
Employees of India's embattled airline Jet Airways have put forth a proposal to take control of the ailing airline by infusing 7,000 crore rupees.
China Vanke's Q1 net profit up 25.2 pct
China Vanke Co. Ltd., a property developer, recorded a net profit growth of 25.2 percent in the first quarter of 2019.
ZTE net profit soars in Q1
Chinese telecommunications company ZTE reported a net profit growth of 115.95 percent in the first quarter of 2019.
S.Korea's Samsung Electronics' Q1 profit hits 10-quarter low
Samsung Electronics saw its operating profit drop by a double-digit in the first quarter, marking the lowest figure in 10 quarters.
Families of Boeing 737 MAX crash victims file suit against Boeing
Two families filed lawsuits against Boeing in Chicago on Monday over the 737 MAX crashes that killed 346 people.
Alphabet reports increased revenue for first quarter of 2019
Google's parent company Alphabet Inc. announced a year-on-year increase of 17 percent of revenue to 36.3 billion U.S. dollars for the first quarter.
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Xinhua top 10 China news events in 2019
Feature: Tourism rejuvenates old Silk Road town
