Italy To Hear Money-Laundering Case Against Bank of China, 297 Others In 2016

Italian prosecutors will start the trial for a money-laundering charge involving the Bank of China, one of the five biggest state-owned commercial banks in...

More Chinese Companies Freeze Share Trading

SHANGHAI, CHINA - About 1,323 listed Chinese firms have suspended trading on mainland exchanges, locking up at least USD2.6 trillion worth of shares, or...

Ascletis’ NDA for Its All-oral HCV Treatment Accepted by CFDA

Hangzhou and Shaoxing, China - (ACN Newswire) - Ascletis announced today it has received the acceptance letter from the China Food and Drug Administration (CFDA) for Ravidasvir...

Shenzhen Expressway’s Q3 Results Meet Expectations

Shenzhen Expressway’s Q3 net profits attributed to owners of the group hit Rmb332 million, a year-on-year increase of 5.7%, which is in line with...

Russia, China To Step Up Nuclear Energy Cooperation in Foreign Markets

Russian President Vladimir Putin has revealed that Russia and China are discussing the possible expansion of nuclear cooperation between the two countries in foreign...

State-Owned China Taiping Seeks USD1.74 Billion in Private Share Sale

HONG KONG - Chinese state-owned financial and insurance group China Taiping Insurance said in a securities filing that it plans to raise HKD13.48bn (USD1.74bn)...

Nasdaq-listed China Biologic Gets Approval for New Collection Site in Shandong

Nasdaq-listed China Biologic Products Inc has announced that it received approval from the Shandong Provincial Health and Family Planning Commission to build a new...

UBS To Open Branch in Shanghai This Year

Swiss lender UBS Group AG, the biggest private bank in Asia, is set to open a Shanghai branch within this year to further cement...

Alibaba Names New CEO; Alimama President Also Appointed

SHANGHAI – Alibaba Group Holdings has named Daniel Zhang, the group’s current chief finance officer, as its new Chief Executive officer starting 10 May,...

Alibaba Allows Japanese Shops and Brands to Sell on Tmall

Japanese cosmetics and other goods will soon be sold on Alibaba as the Chinese e-commerce giant signed a collaboration agreement with Yahoo Japan. Under the...

Subor attended “2018ChinaJoy – Debut of New Product and New Ecology”

SHANGHAI - (ACN Newswire) - Subor Culture Development Co. Ltd ("Subor", formerly known as "Zhongshan Subor Culture Development Co. Ltd"), the joint venture company of...

Bloomberg Hiring More Journalists in China

New York-based global financial information service provider Bloomberg LP announced plans to ramp up hiring of more news professionals in China this year as...

China To Implement New Internet Finance Policies

The People's Bank of China (PBOC), the country's central bank, announced plans to introduce new policies that will govern how Internet finance operates in...
Frasers Hospitality

Frasers Hospitality on Track to Double Portfolio in China

SINGAPORE - Frasers Hospitality, a division of Frasers Centrepoint Limited, is on track to double its operating properties in China with the grand opening...
Bitcoin

China Warns Bitcoin Exchanges

To step up efforts to tighten regulation over digital currency, China’s central bank has told Bitcoin exchanges to refrain from margin trading and money...

Fitch Believes Insurance Losses in Tianjin Blast Higher Than Expected

Initial estimate on insurance losses from the devastating twin blast in the Chinese port of Tianjin was placed between USD1 billion to USD1.5 billion...

Brazilian Soccer Legend Ronaldo To Open Soccer Schools in China

Brazilian soccer legend Ronaldo Nazario has announced his plan to open 30 soccer schools in China to help the country realize its football dream. The...
Katrina Group

Katrina Opens So Pho Restaurant in Shanghai

Katrina Group Ltd, an F&B group specializing in multi-cuisine concepts and restaurant operations, announced that it has opened its first So Pho restaurant in...

China Concerns Wipe Out USD2.2 Trillion from Global Financial Markets

About USD2.2 trillion was believed wiped out from the value of global stocks within just four days of trading last week, Bloomberg has estimated,...

Bus Plunges Into River in China; 21 Dead

GUIYANG, China - At least 21 people were confirmed dead and several others injured when the bus they boarded plunged into a river Saturday...