China

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…

One of Africa’s wealthiest cities also has some of the cheapest rents in the world

People flocking to South Africa’s economic hub are likely to find some of the world’s cheapest rents. An average family…

Alibaba launches low-cost voice assistant amid AI drive

China's Alibaba Group Holding Ltd launched on Wednesday a cut-price voice assistant speaker, similar to Amazon.com Inc's "Echo", its first…

Germany big target of cyber espionage and attacks: government report

Germany is a big target of spying and cyber attacks by foreign governments such as Turkey, Russia and China, a…

Pressure mounts on China’s LeEco as bank seeks to have assets frozen

Chinese tech group LeEco, which has interests ranging from smart cars to online content, is facing growing pressure from its…

Ghana signs $10 billion MOU with China for bauxite project, senior minister says

In an effort to develop Ghana's bauxite industry, the West African country has signed a $10 billion memorandum of understanding…

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