Thursday, 28th, 2024 | 3:34PM Updated

People are silhouetted past a logo of the Airbus Group during the Airbus annual news conference in Colomiers, near Toulouse, on Jan. 13, 2015.
Airbus Tianjin Plant Eyes Delivery of First A330 by 2018

Airbus Group’s China plant is expected to deliver its first A330 wide-body passenger jet in 2018, one of the company’s Chinese partners revealed on Wednesday.

PayPal sees a better future in terms of growth in the Chinese market.
PayPal Sees Great Potential, Expects Continued Growth in the Chinese Market

PayPal is optimistic that it could see further growth in China. This is according to a senior executive who said the statement shortly after the firm re-listed on the NASDAQ Stock Market.

Malaysia's Head of State confers Jackie Chan as
Lawsuit Looms After WSJ Reports That Singapore Froze 2 Bank Accounts Linked To Probe On Malaysian PM Najib

Malaysian lawyers believe that Prime Minister Najib Razak has not much choice except to file a lawsuit against The Wall Street Journal (WSJ) which reported on Thursday that Singapore froze two bank accounts linked to the investigation on Najib. The influential and credible business daily stood by its report that $700 million was found in the PM's personal account.

Alibaba has swooped in to fix China's shortage in donated sperm.
Ali Health Optimistic with Sperm Donation, Paternity Kit Business

Ali Health recently launched its first-ever online-to-offline (O2O) business, a Chinese newspaper reported on Thursday. Ali Health, Alibaba’s healthcare unit, started offering online appointments for sperm donations and selling paternity kits.

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James Murphy
Mitsubishi Apologizes WW2 American POW

Japanese Company Mitsubishi Materials Corporation has expressed regret of its use of POWs during World War II

Alibaba Automotive in partnership with Ant Micro Loan is offering car loans via mobile apps and online marketplaces such as Taobao and Tmall.
Alibaba Automotive Ties Up with Ant Micro Loan to Offer Vehicle Loans via Mobile Apps

Alibaba Automotive, a vehicle service arm of e-commerce giant Alibaba Group Holding, is offering car loans to users through mobile apps following its partnership with its lending affiliate Ant Micro Loan and several automobile manufacturers, the company announced on Tuesday, July 21.

Lufthansa App now Available on Apple Watch
Lufthansa CEO Gets Angry Letter From Parents Of Germanwings Victims

Parents of 16 high school students who died in the Germanwings air tragedy wrote an open letter to Lufthansa CEO Carsten Spohr, saying they were insulted by the compensation offer of the air carrier.

Supported by Brazil, Russia, India, China and South Africa (BRICS), the bank will lend money to developing nations and will have a rotating leadership every five years.
New BRICS Development Bank Opens in Shanghai

The New Development Bank (NDB) was launched in Shanghai on Tuesday, with the hope of augmenting existing multilateral institutions in financing infrastructure projects and reforming economic governance in the international arena, according to a report by the Global Times.

Apple and American Telephone & Telegraph (AT&T) pair up.
Wall Street Analysts Unimpressed With 47.5M Units Sales Of iPhone

Has Apple set a standard so high in the past that such an outlook has rubbed off on Wall Street analysts who are not impressed with the tech giant's sales of 47.5 million iPhones for its fiscal third quarter?

Children peer out the window while eating hamburgers in a Chicago McDonald's restaurant, December 26, 2003.
Another Razor-Sharp McDonald’s Happy Meal Turns Up

Another woman and her kid were the surprise victims of a nasty surprise on Friday when they ordered a Happy Meal. Besides the chicken nuggets, they found a razor blade at the bottom of the paper bag.

The central bank will try to funnel fresh capital into policy banks, which will then offer loans to local governments.
People’s Bank of China Posts Nearly 60 Percent Gold Reserves Growth in Six Years

The People's Bank of China recently announced its gold reserves growth statistic for the first time in over six years. The country's central bank said that the figure increased by nearly 60 percent.

Online banking is developing rapidly in China and increased by more than 50 percent in the same period the previous year.
Government Agencies’ New Guidelines to Boost Online Banking

The new guidelines on Internet banking launched by 10 government agencies on July 18 is expected to enhance the development of online financial activities and reduce risks, especially online lending, the Global Times reported.

Wealth-X has chosen Yang Huiyan, the 34-year-old vice chairman of property developer Country Garden Holdings who has personal wealth of about $6.1 billion, as the richest person in China.
Nine Chinese Ranked Among Asia's 10 Richest Millennials

Nine individuals from China has made it to the top 10 wealthiest millennials in Asia, with only one spot going to an Indian, according to Wealth-X, a research group on wealth intelligence.

Mitsubishi Shipped 12,000 Americans To Japan During WWII To Work In 50 Mines; Issues Apology To POWs

Mitsubishi Materials of Japan apologized on Sunday to American prisoners of war (POW) whom it used slave labor in its more than 50 mines during World War II. Hikaru Kimura, an official of Mitsubishi, said sorry at the Simon Wiesenthal Center in Los Angeles.

The viral Uniqlo sex video has drawn people to the clothing store’s Sanlitun, Beijing branch.
Uniqlo Sex Tape Couple Now In Custody Of Beijing Police; Clothing Store Could Be Fined Up To $161,000 If It Was Part Of A Marketing Gimmick

For "severely violating socialist core values," the Beijing Police arrested over the weekend the notorious Uniqlo sex tape couple. Also detained are three other people involved in the video clip's production and distribution.

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