New wave emerges on the global scene

Technology-savvy Chinese companies are now targeting Western rivals on the global stage. Howard Yu, professor of strategic management and innovation at IMD Business School in Lausanne, Switzerland, has called it a "new wave".

'Money' defends choice of final foe Berto

Floyd Mayweather Jr. began promoting his final fight by doing what he does best.

PSG targets Champions League glory

Paris Saint-Germain is confident Angel di Maria can be the man to help it conquer Europe after completing the signing of the Argentina winger on Thursday.

Corner kicks

Italy

Russia appoints Slutsky as new coach

Russia appointed CSKA Moscow's Leonid Slutsky as national coach on a short-term deal to rescue its 2016 European Championship qualifying campaign.

Score board

Lochte flies into history books

Ryan Lochte wrote himself into the history books on Thursday while Katie Ledecky won her fourth gold at the world swimming championships to cap a great night for the United States.

Chinese teen wins 50m backstroke crown

Chinese teenager Fu Yuanhui said settling for silver two years ago in Barcelona had inspired her to win the women's 50m backstroke gold at the world swimming championships on Thursday.

Phelps' coach wary of Rio's waters

Bob Bowman, longtime coach of Olympic superstar Michael Phelps, says Rio's polluted waters pose a health risk to open-water swimmers that must be addressed before the 2016 Games.

Worrell off to mighty start at US nationals

Michael Phelps is eager to see where he stacks up against the world at the US national championships.

High-end apartment sales surge in Beijing

Transactions surge as real estate market recovers from sluggish trend seen during last year

Nomura sees rebound in property sector

Property sales in China could peak this year and then stabilize at a level slightly below that of 2015, Japanese brokerage Nomura Securities Co said on Thursday.