Financial Performance

Chipmaker SK Hynix reports 64 percent jump in 1Q earnings

Apr 24, 2018

SK Hynix Inc. says its first-quarter net profit has surged 64 percent over a year earlier thanks to robust memory chip prices

At war with Alibaba: Top brands fight China e-commerce giant

Apr 23, 2018

Executives tell AP their companies were punished by Alibaba after they refused to enter exclusive partnerships with the Chinese e-commerce giant, which denies wrongdoing

Amid trade rift, China to allow full foreign auto ownership

Apr 17, 2018

China says it will allow full foreign ownership of auto manufacturers in five years, ending restrictions that helped to fuel its escalating trade dispute with U.S. President Donald Trump

Global stocks turn higher on upbeat corporate earnings

Apr 17, 2018

Global shares are mixed amid persisting worries over trade tensions between China and the U.S.

Indonesia credit rating upgraded by Moody's

Apr 13, 2018

Moody's has upgraded Indonesia's credit rating due to increased confidence the government will maintain its recent track record of responsibly managing the national budget and interest rate policy

Samsung Electronics estimates 56 percent jump in profit

Apr 6, 2018

Samsung Electronics says its first-quarter operating profit likely jumped 56 percent to a record high

Huawei reports strong sales push 2017 profit up 28.1 percent

Mar 30, 2018

Chinese smartphone and telecoms equipment maker Huawei says its 2017 profit rose 28.1 percent

Cathay Pacific Airways loss doubles on intense competition

Mar 14, 2018

Hong Kong airline Cathay Pacific says annual loss more than doubles because of relentless competition from rival carriers and rising fuel costs

Finance minister says China can handle government debt risks

Mar 7, 2018

China's finance minister has tried to defuse concern over its rising debt, saying government borrowing is below danger levels and regulators can prevent financial system risks

BMW looking at Chinese-made electric MINI

Feb 23, 2018

BMW says it is talking with a Chinese automaker about a possible partnership to produce electric versions of its MINI cars for the world's biggest auto market