Hang Seng Index rises to eight-month high on speculation start date soon to be announced
As one of the world's biggest investors in developing countries, Aberdeen Asset Management Plc is no stranger to market drama. But, even this hardened money manager can't stomach the frenetic battle for control at China's biggest developer.
Profit growth of Ping An Bank slowed down in the first half of 2016 as the economic slowdown cast a shadow on Chinese banks, with analysts calling for changes in the business models of traditional banks.
Both Beijing and Manila have kept a low profile over the visit of former Philippine president Fidel Ramos to the Hong Kong Special Administrative Region in the past couple of days, but his mission has been evident: to seek the possibility of easing the strained bilateral relations.
Chinese divers have generally continued to live up to their medal winning "dream team" reputation at the Rio Olympics, but do Chinese audiences know where the diving boards under the feet of the divers are made?
THE CIVIL AVIATION ADMINISTRATION OF CHINA recently published the proposed draft of the amended Civil Aviation Law to solicit public opinions. Beijing News commented:
THREE SENIOR CIVIL SERVANTS in East China's Shandong province have reportedly left office and started new careers as senior executives in financial enterprises. Changjiang Daily commented on Thursday:
SEVEN CHEFS have taken the company behind the cooking service app Good Chef to court claiming it has not honored their contracts. Changjiang Daily commented on Thursday:
President Xi Jinping's government is committed to structural reform. China's leaders know that they can no longer rely on stimulating short-term demand. Already this year, annual growth in fixed-capital investment has fallen by 2.4 percentage points to 9 percent, with the private-sector investment up by just 2.8 percent.
What have ancient Taoism and the internet got to do with the final of the women's 100-meter backstroke at the 2016 Rio Olympic Games? Everything!
There was a gasp of surprise at the Rio Olympic Games when American swimmer Michael Phelps added one more gold to his already record tally of 18 - he has added two more since. But the surprise was not only for his remarkable achievement but also for some dark purple circles on his shoulders and back. They were signs of "cupping" that he had undergone before the race.
US presidential candidates may be forgiven for talking nonsense in a bid to win more votes, but President Barack Obama doing so is simply irresponsible.
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