Financial Performance
Hanjin Shipping gets $44.6M from former, current chiefs
Sep 13, 2016

Hanjin Shipping gets $44.6M from former, current chiefs

South Korea's Hanjin Shipping says it has received $44.6 million from its current and former chiefs to relieve its global cargo crisis...

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China's auto sales grow 26.3 percent in August
Sep 9, 2016

China's auto sales grow 26.3 percent in August

China's auto sales grew strongly again in August, driven by demand for smaller cars and the impending end of a sales tax cut...

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South Korea: Hanjin to resume work in Long Beach this week
Sep 7, 2016

South Korea: Hanjin to resume work in Long Beach this week

South Korea's top economic policymaker says he expects Hanjin Shipping vessels marooned offshore of Long Beach, California, will be able to offload cargo this week...

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Hanjin pledges $90 million to resolve shipping cargo chaos
Sep 7, 2016

Hanjin pledges $90 million to resolve shipping cargo chaos

Hanjin Group said Tuesday it will inject $90 million, including $36 million from its chairman Cho Yang-ho's personal assets, to help resolve disruptions to container cargo transport caused by Hanjin S...

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Ailing Korean shipper Hanjin moves to resolve cargo chaos
Sep 5, 2016

Ailing Korean shipper Hanjin moves to resolve cargo chaos

Financially troubled Hanjin Shipping Co. will seek stay orders in dozens of countries this week to help minimize disruptions caused by its slide into bankruptcy proceedings, the Financial Services Com...

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Hong Kong airline Cathay's 1H profit tumbles 82 percent
Aug 17, 2016

Hong Kong airline Cathay's 1H profit tumbles 82 percent

Cathay Pacific Airways' profit tumbled in the first half of the year as economic weakness in China and other important markets cut passenger demand while it faced cutthroat competition from rivals...

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Chinese auto sales accelerate in July
Aug 12, 2016

Chinese auto sales accelerate in July

China's auto sales growth accelerated in July, an industry group said Friday, while General Motors Co. and Ford Motor Co. reported record demand for the month...

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Global stocks ease back after earnings-driven gains
Aug 10, 2016

Global stocks ease back after earnings-driven gains

Global stocks are mostly down, amid quiet summer trading and questions about the sustainability of some indexes' rise to record highs...

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