Charleston Lim
Writer
The Latest
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Germany Grants $9.8 Billion Rescue Package To Lufthansa
As part of the bailout, the German government will be acquiring a 20 percent stake in the airline and taking two seats in its supervisory board. 
As part of the bailout, the German government will be acquiring a 20 percent stake in the airline and taking two seats in its supervisory board. -
Svolt Unveils Breakthrough Cobalt-Free Electric Vehicle Batteries
Svolt Energy, a spin-off company of Great Wall Motors, unveiled two new cobalt-free batteries that will go into mass production next year. 
Svolt Energy, a spin-off company of Great Wall Motors, unveiled two new cobalt-free batteries that will go into mass production next year. -
PayMe Hits 2 Million-User Milestone As Online Transactions Surge
PayMe reported a dramatic increase in new registrations to its payments platform over the past months as a direct result of the restrictions imposed to control the spread of the coronavirus. 
PayMe reported a dramatic increase in new registrations to its payments platform over the past months as a direct result of the restrictions imposed to control the spread of the coronavirus. -
Meituan Dianping Sees Slight Dip In Revenues But Prospects Still Remain Strong
Meituan Dianping reported a 12.6 percent drop in its profits for the first quarter, with the company attributing the decline to the disruptions in its partner merchants' operations. 
Meituan Dianping reported a 12.6 percent drop in its profits for the first quarter, with the company attributing the decline to the disruptions in its partner merchants' operations. -
2020 Hainan International Auto Show Attracts $200 Million Worth Of New Deals
The 17th annual auto show held at the city of Haikou, which concluded on Sunday, managed to attract over 1.5 billion yuan in new transactions. 
The 17th annual auto show held at the city of Haikou, which concluded on Sunday, managed to attract over 1.5 billion yuan in new transactions. -
Asahi To Secure $11 Billion Loan To Acquire AB InBev's Australian Unit
Asahi has reached an agreement with Japanese lender Sumitomo Mitsui Banking Corporation for an $11 billion loan to fund its acquisition. 
Asahi has reached an agreement with Japanese lender Sumitomo Mitsui Banking Corporation for an $11 billion loan to fund its acquisition. -
Pinduoduo Q1 Earnings Beat Estimates Amid Surge In E-Commerce Activity
Pinduoduo reported a 44 percent year-on-year increase in its revenues thanks to an increase in users during the first three months of the year. 
Pinduoduo reported a 44 percent year-on-year increase in its revenues thanks to an increase in users during the first three months of the year. -
Hong-Based Firm Pacific GeneTech Developing Swine Fever Vaccine
Pacific GeneTech is co-developing a potential African swine fever vaccine with US-based biotech firm EpiVax along with 15 other institutions worldwide. 
Pacific GeneTech is co-developing a potential African swine fever vaccine with US-based biotech firm EpiVax along with 15 other institutions worldwide. -
Kim Jong Un Makes First Public Appearance In Over Three Weeks
The North Korean leader made his first public appearance in over three weeks by hosting a military meeting that discussed the country's plan to bolster its nuclear war deterrence. 
The North Korean leader made his first public appearance in over three weeks by hosting a military meeting that discussed the country's plan to bolster its nuclear war deterrence. -
Hertz Files For Bankruptcy As Coronavirus Hammers Final Nail In Its Coffin
Hertz filed for bankruptcy protection with over $19 billion in debts and more than 700,000 idled vehicles. 
Hertz filed for bankruptcy protection with over $19 billion in debts and more than 700,000 idled vehicles.
