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Asian economy prepares for choppy seas

The outlook for Asia and the Pacific is the strongest in the world, but it is shrouded by challenges at home and abroad, according to the latest International Monetary Fund report for the region.

Reducing speed can save thousands of lives

We can save so many lives around the world if we just slow down. Each year, more than 1.25 million people - many of them young people - die in automobile crashes. And a large proportion of these deaths are preventable: about one-third is due to vehicles traveling at excessive speeds. In low- and middle-income countries, that figure is closer to half.

Meeting the rising demand for housing

After the Central Economic Work Conference in December said "houses are for living in, not speculation", the Government Work Report in March reiterated the fact and vowed to accelerate the establishment of a long-term mechanism to promote the steady and healthy development of the real estate sector.

Abe's 'Japan First' slogan doesn't gel with his TPP role

Japanese Prime Minister Shinzo Abe has been sending mixed messages these days. He told an audience in Tokyo on Wednesday that he was following a "Japan First" policy, a term that smacks of US President Donald Trump's "America First" anti-globalization slogan.

CSRC vows tough action on violators

China's top securities regulator on Friday vowed stricter regulations of the country's securities firms and funds, warning that repetitive rule violations and illegal practices will lead to business suspensions and license revocations.

Dairy major Feihe plans HK IPO

Infant formula and milk powder producer China Feihe Ltd said it plans to make its initial public offering in Hong Kong.

Record revenue, profit decrease make it a mixed bag for Alibaba

Despite a fall in market share, e-commerce continued to boost online behemoth Alibaba Group Holding Ltd's 2016-17 revenue, which hit an all-time high of 158.3 billion yuan ($23 billion), up 56 percent year-on-year, in the year to March 31.

Bright takes over Fisheries in reform of Shanghai SOEs

The Shanghai municipal government announced a fresh round of reform and restructuring of local State-owned enterprises on Thursday.

Ancient tea road to be revived

The Belt and Road Initiative has inspired cities to revive another ancient trade route linking China, Mongolia and Russia, which is expected to boost tourism and trade along the route.

London policy chief urges B&R action

The City of London Corp's new policy chief, Catherine McGuinness, said she wants the capital's financial services companies to engage more with the Belt and Road Initiative, so the business district can maintain its financial strength amid Brexit uncertainties.

Courier firms rush to seize opportunities

Courier service companies on the Chinese mainland said they are speeding up their global expansion in order to seize opportunities arising from the Belt and Road Initiative.