S&P Global Ratings expected a substantial fiscal tightening in the next year, assuming a self-sustaining recovery in private demand takes hold.
SHENZHEN -- The southern Chinese city of Shenzhen will donate 270,000 disposable masks to eight of its sister cities around the world, with thousands of masks on the way to the Republic of Korea on Wednesday.
SHANGHAI -- Construction of the Shanghai Rail Transit Link Airport Express started on a full scale on Wednesday.
SHANGHAI - French cosmetic giant L'Oreal achieved a 14-year-record-high growth of 33 percent in the Chinese market in 2018, according to Jean-Paul Agon, chairman and chief executive officer of L'Oreal.
SHANGHAI - An Ethiopian Airlines cargo plane caught fire at Shanghai Pudong International Airport on Wednesday afternoon, The Paper, a Chinese news website reported.
SEOUL - A South Korean appeals court on Friday raised the sentencing of ousted President Park Geun-hye to 25 years in prison on corruption charges, including bribery that led to her impeachment.
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SAN FRANCISCO-New research from Stanford University has found that stress can hinder the ability to develop informed plans by preventing people from being able to make decisions based on memory.
SHANGHAI -- A China Eastern Airlines flight safely landed in Beijing at 9:09 p.m. Sunday, bringing back 261 Chinese tourists stranded by Super Typhoon Yutu in Saipan, the company said.
SEOUL - The hotline of direct dialogue between the leaders of the Republic of Korea (ROK) and the Democratic People's Republic of Korea (DPRK) is likely to be set up later this week, a senior Blue House official said Tuesday.
SOEs are not alone, many global companies such as Germany's Siemens AG restructured five main industrial divisions into three new companies, and Zurich-headquartered ABB Group planned to sell its power grid business to Japan's Hitachi Ltd, last year, in an adjustment to their development strategy.