Luckin Coffee Inc's fraud has cast a shadow on US-listed Chinese firms. In less than a week after the Nasdaq-listed coffee chain admitted short-seller Muddy Waters' accusation of sales data fabrication, another Chinese company traded on Nasdaq, iQIYI Inc, has been accused of fraud.
MOSCOW - Russian gas producer Novatek said Thursday that it plans to launch the second production line of the Yamal liquefied natural gas (LNG) project in early August.
MANILA - Takehiko Nakao announced on Tuesday his resignation as president of the Asian Development Bank (ADB), effective Jan 16, 2020, the Manila-based bank said in a statement.
Louis Kuijs, the Hong Kong-based Asia head of economics consultancy Oxford Economics, also said he expects a target in line with the 6.5 percent of last year, although he believes there are risks of excessive credit growth to achieve it.
Lower financial costs will become an essential part of property companies' competitive strength in the future, said Feng Lun, head of the China Real-Estate Crowdfunding Alliance.
MACAO -- An exhibition featuring imperial weaponry from the Palace Museum was held in the Macao Special Administrative Region on Thursday to showcase the military relics of the Qing dynasty (1644-1911).
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Lynda Zhou, portfolio manager at global asset management service provider Fidelity International, said that there should be greater access to the A-share market for overseas investors after its addition to the MSCI emerging markets index.
Lu is considered a master of performing the southern Chinese style of dizi and toured nearly 80 countries to promote Chinese folk music. Among his works is well-known folk tune, Flying Partridge.
MEXICO CITY - The US plan to impose "seasonal windows" on agricultural produce within the North American Free Trade Agreement (NAFTA) could make future negotiations even harder, said a high-ranking Mexican negotiator on Wednesday.
MIami source who helped with Amazon HQ2 bid: "I'm shocked we made it."