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NEW YORK - Puyi Inc, a Chinese third-party wealth management services firm, had its trading debut on Friday, after it completed the initial public offering (IPO) of its American Deposit shares (ADSs) on Wednesday.

Multiple measures to strengthen "opening-up" are welcomed by foreign financial institutions, such as abolishing the restrictions on the share-holding ratio for foreign investment in bank and asset management companies, encouraging foreign participation in the financial and banking sectors, relaxing business scopes of foreign investment insurance companies as well as other areas.

Nancy Ip Yuk-yu believes closer relations will help Hong Kong's scientists take lead roles in projects. PARKER ZHENG/CHINA DAILY

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NEW YORK -- US stocks closed remarkably lower on Wednesday, as persisting fears over an imminent recession dealt a blow to the already-dampened investor sentiment.

NANNING - Police in South China's Guangxi Zhuang autonomous region have arrested 55 suspects in a 4.3-billion-yuan (5 million) pyramid scheme.

NYSE-listed Bright Scholar Education Group, the largest operator of international and bilingual schools in China, saw its shares decline 16.71 percent on Thursday and closed at .57.

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NEW DELHI - India's Ministry of External Affairs on Wednesday strongly condemned the suicide attack on a shrine belonging to the Sikh community in Afghanistan's Kabul, which took a few human lives and injured many others.

NEW DELHI - The Indian government convened an all party meeting Tuesday to hold discussions with leaders of various political parties ahead of the upcoming monsoon session of parliament, officials said.

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NEW YORK -- Chinese market has contributed greatly to the annual sales growth of Yum! Brands in 2018, according to the latest earnings report of the US fast-food company on Thursday.

NEW YORK - A total of 2,400 workers are on 12 hour shifts, nearly 700 salt spreaders are loaded and ready to roll, 1,500 plows will be dispatched once two inches of snow has accumulated...New York City is gearing up for another snow storm that will hit the US Northeast in a week.