Asia
Fitch affirms China’s A+ rating, says short-term growth prospects are favorable
Fitch Ratings on Friday maintained its A+ rating on China with a stable outlook, citing the strength of the country's…
China’s COSCO Shipping offers $6.3 billion for Orient Overseas Ltd
COSCO Shipping Holdings Co Ltd has offered to buy Orient Overseas International Ltd (OOIL) for HK$49.23 billion ($6.30 billion), in…
Rwanda GDP grows by 1.7 percent in Q1 2017- Stats bureau
Rwanda's statistics bureau said the country's gross domestic product (GDP) grew by 1.7 percent in the first quarter of 2017…
India launches massive tax reform as businesses brace up for tough time
Prime Minister Narendra Modi launched India’s biggest tax reform in its 70-year history, as businesses and citizens across the country…
Alibaba spending $1 billion to raise stake in Southeast Asia’s Lazada
Chinese e-commerce giant Alibaba Group Holding Ltd will invest an additional $1 billion in Southeast Asian online retailer Lazada Group,…
China’s trade growth rebounds in May
China's trade growth rebounded in May in a positive sign for global demand and the cooling Chinese economy. In this…
