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Biz / Tech

Laser TV sales to increase 10-fold by 2022

The new technology is rapidly becoming mainstream.
Biz / Tech

Lenovo surges as mobile pays off

Mobile sales growth has taken the company back into the black.
Biz / Economy

Wealthy families cool on economic outlook

China's wealthy families are slightly less optimistic over the prospects for the Chinese economy, the Bank of Communications said.
Biz / Finance

Stocks closed mixed, eyes on Fed

Fed warning of global headwinds to growth.
Biz / Finance

Yields of wealth management products slip broadly in January, report says

China's wealth management market saw a broad-based retreat of the annualized rate of return in January, ranging from banks' wealth management products to money market funds.
Biz / Tech

Alipay to begin charging commission to pay credit card bills

Alipay has followed WeChat's lead and said it will start charging users who pay their credit card bills through the app starting next month.
Biz / Tech

NetEase sees 33% profit jump for fourth quarter

Online gaming operator and Internet portal NetEase said profit jumped 33 percent to 1.697 billion yuan (US$246.9 million) in the fourth quarter with strong online gaming income.
Biz / Tech

S. Korea's Samsung unveils foldable smartphone, new Galaxy devices

South Korean tech behemoth Samsung Electronics unveiled a foldable smartphone, which features a multi-tasking function.
Biz / Economy

Finnish fur producers feel the pinch as demand from China stays low

Declining demand for furs in China is being felt in the Finnish "fur producing belt" in central western Finland, media reported on Wednesday.
Biz / Finance

Li says no change in prudent monetary policy

China has not and will not alter its prudent monetary policy, and will not resort to a "flood-like" stimulus, Premier Li Keqiang said on Wednesday.
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