BEIJING/HONG KONG : CITIC Securities Co, China's biggest brokerage, reported a 0.98 per cent rise first-half profit on Tuesday.Net profit for the six months to June 30 rose to 11.31 billion yuan ($1.55 billion), the company said in a stock exchange filing.
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China’s ‘aggressive behaviour’ in South China Sea must be challenged, says US Navy official“My forces are out here for a reason,” Vice-Admiral Karl Thomas assures the Philippines. Read more at straitstimes.com.
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China's 'aggressive behaviour' in South China Sea must be challenged, says US Navy officialMANILA — China's 'aggressive behaviour' in the South China Sea, including the use of water canon by its coast guard against a Philippine vessel, must be challenged and checked, the commander of the US Navy's Seventh Fleet said on Sunday (Aug 27). Vice Admiral Karl Thomas assured the Philippines of US backing in the face of 'shared challenges' in the...
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China developer Evergrande posts losses for first half of the yearBEIJING: Heavily indebted Chinese property giant Evergrande Group on Sunday (Aug 27) announced it had suffered losses for the first half of the year. The developer's January to June losses amounted to 33 billion yuan (US$4.53 billion), compared to 66.4 billion yuan lost in the same period last year, a
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China Evergrande net loss in first half of 2023 narrows to US$4.5 billionHONG KONG: Property developer China Evergrande Group on Sunday (Aug 27) reported a January to June net loss of 33 billion yuan (US$4.53 billion) versus a 66.4 billion yuan loss in the same period a year ago. Evergrande is at the centre of a crisis in China's property sector that since late 2021 has seen a
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US Commerce chief lands in Beijing, seeks trade, tourism boost in China talksSecretary Gina Raimondo promises not to pull any punches during her four-day visit, but says she also intends to be practical. Read more at straitstimes.com.
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US Commerce chief seeks trade, tourism boost in China talksBEIJING : U.S. Commerce Secretary Gina Raimondo arrives in Beijing on Sunday for a four-day visit aimed at boosting business ties between the world's two largest economies while declaring American national security trade measures off-limits for debate.'If you wanted to put a tagline to the trip and the mi
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