China Stock Market
Express Messages
German utility E.ON reports strong increase of debts in Q3
Following the takeover of renewably energy company innogy E.ON increased its total debts to 39.6bln euros in the third quarter (Q3).
German automaker Daimler to slash thousands of jobs by 2022
The maker of Mercedes-Benz said it would reduce staff costs by around 1.4 billion euros (1.54 billion U.S. dollars) by the end of 2022.
German power firm Innogy reports heavy loss of income in Q3 after takeover
German energy group Innogy reported a plunge in adjusted net income by more than 50 percent for the third quarter (Q3).
John Deere lowers 2020 outlook due to trade tensions
John Deere reported on Wednesday net income of 722 million U.S. dollars for the fourth fiscal quarter that ended Nov. 3.
Tech giant Xiaomi posts 20 pct profit growth in Q3
China's tech giant Xiaomi reported 20.3-percent adjusted net profit growth in the third quarter of this year.
Malaysia's AirAsia slips into the red in Q3 on foreign exchange loss
Malaysia's low cost carrier AirAsia slipped into the red in Q3 ended Sept. 30, due to fair value loss on derivatives and foreign exchange loss.
Chinese shipbuilding giants announce merger
China Shipbuilding Industry Corporation and China State Shipbuilding Corporation Limited merged into one corporation in Beijing on Tuesday.
Alibaba makes robust debut in Hong Kong market
Alibaba made a strong debut on the main board of Hong Kong stock exchange Tuesday with share price rising 6.59 percent on the first trading day.
S. Korea's Hyundai Motor to build vehicle manufacturing plant in Indonesia
South Korea's largest automaker Hyundai Motor said Tuesday that it planned to build its first vehicle manufacturing plant in Indonesia.
Bank of England fines Citigroup heavily over regulatory reporting failures
The Bank of England said on Tuesday it fined America's third-largest bank Citigroup nearly 44 million pounds for failures in their regulatory reports.
HP rejects again Xerox's bid for ＂hostile＂ takeover
HP Inc.has rejected Xerox Corporation's attempt to seek a forced combination of the two companies, saying its proposal "significantly undervalues HP."
Westpac Bank CEO steps down after week of scrutiny
Westpac Bank Chief Executive Officer Brian Hartzer announced his resignation on Tuesday following an unprecedented week of scrutiny.
Feature: Tourism rejuvenates old Silk Road town
Feature: Chinese digital company seeking growth in U.S.
To Sort Anbang’s Assets, Chinese Authorities Create Dajia
UBS: The globe is headed for a recession if U.S-China trade talks fails
