New rail line to boost eastern Malaysia

KUALA LUMPUR - Though rail infrastructure has always played an important role in the economic development, it's been absent from the scenic east coast region of the Malaysian peninsula. But that's about to change, thanks to the 688-km East Coast Rail Link (ECRL).

Hotel brings concept of 'use it, like it, buy it' to consumers

Yanxuan, an e-commerce site under Chinese internet company NetEase Inc, has set up its first flagship hotel, with which it hopes to woo the country's growing population of middle-class millennials by providing an immersive experience.

Investors eye web education prospects

VIPKID, online English-teaching startup, raises $200 million in D financing round

After-school tutoring booms across China

China's after-school tutoring market is expected to double its current revenues within five years, an industry report shows.

COFCO Womai, online retailer, planning IPO

Food giant COFCO Group's online food products retailer COFCO Womai seeks to raise funds from an initial public offering at the Hong Kong Stock Exchange, the company said in a listing application Monday.

Approval of Unicom share sale touches rule revision

China's top securities regulator should review and reassess the current rules on private share sales by listed companies to ensure market fair play, analysts said on Wednesday after a high-profile share sale plan by a State-owned telecom giant was seen to have violated securities rules.

Metal futures slide on new push

Iron ore and steel products futures in China saw a big slump on Wednesday, due to regulators' determination to curb rising prices, experts said.

Great Wall Motor pours cold water on deal with Fiat

BEIJING - Great Wall Motor Co has discounted reports of an impending deal with Fiat Chrysler Automobiles NV, saying there are no talks and it may not pursue a takeover of the Italian-American car manufacturer's Jeep division.

Apple gives $1m to quake victims

Blue chip brands are donating millions of yuan to help communities in Sichuan province shattered by a 7.0-magnitude earthquake.

Harden, Adidas bring hoop dreams to poor kids

NBA superstar James Harden held a coaching session with students from poor backgrounds at the Hangzhou Child Welfare Institution in East China's Zhejiang province earlier this month.

Recycling electronics, raising green consciousness

Aihuishou.com, an online electronics recycling platform, will set up a number of environmental recycling stations.

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