Charleston Lim

Writer
The Latest
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Alibaba Acquires E-Commerce Platform NetEase Kaola In $2 Billion Deal
Alibaba Group Holding announced that it has acquired the cross-border e-commerce platform NetEase Kaola for $2 billion. Alibaba Group Holding announced that it has acquired the cross-border e-commerce platform NetEase Kaola for $2 billion. -
China To Boost Imports Of Agricultural Products From Russia
China's General Administration of Customs announced that it has given the go signal for the increased importation of Russian soybean meal, sunflower mean, sugar beet pulp, and rapeseed meal. China's General Administration of Customs announced that it has given the go signal for the increased importation of Russian soybean meal, sunflower mean, sugar beet pulp, and rapeseed meal. -
China Merchants Group Bolsters Ship Production With New Infrastructures
China Merchants Group and its subsidiary China Merchants Industry Holdings are building $703 industrial base in Jiangsu along with a new dockyard in Haimen. China Merchants Group and its subsidiary China Merchants Industry Holdings are building $703 industrial base in Jiangsu along with a new dockyard in Haimen. -
HKEX Website Hacked, Exchange Halted Trading To Fix Unrelated Software Bug
The Hong Kong Exchanges and Clearing Limited was hit with several software issues, including the hacking of its website and a bug that halted all derivatives trading. The Hong Kong Exchanges and Clearing Limited was hit with several software issues, including the hacking of its website and a bug that halted all derivatives trading. -
Slack Loses Gains Since IPO As Stock Tumbles By More Than 15 Percent
Slack's stock briefly hit its original IPO reference price of $26 following the release of its first earnings report as a public-traded company. Slack's stock briefly hit its original IPO reference price of $26 following the release of its first earnings report as a public-traded company. -
China Touts Desire To Build Stronger Ties With Germany Prior To Chancellor Visit
China's Ministry of Finance issued a statement expressing its hopes of building closer economic ties with Germany days before Chancellor Angela Merkel's planned visit this week. China's Ministry of Finance issued a statement expressing its hopes of building closer economic ties with Germany days before Chancellor Angela Merkel's planned visit this week. -
China's Dalian Shipbuilding Industry To Shift Production To High-Value Vessels
The subsidiary of the state-owned firm China Shipbuilding Industry Corp has revealed plans of shifting its production to more high-valued vessels such as liquefied natural gas (LNG) carriers, large crude carriers, and storage and offloading (FPSO) vessels. The subsidiary of the state-owned firm China Shipbuilding Industry Corp has revealed plans of shifting its production to more high-valued vessels such as liquefied natural gas (LNG) carriers, large crude carriers, and storage and offloading (FPSO) vessels. -
Permira To Acquire Major Stake In Hong Kong Aircraft Parts Maker Topcast
European private equity firm Permira is set to purchase a majority stake in Chinese aircraft parts maker Topcast Aviation Supplies. European private equity firm Permira is set to purchase a majority stake in Chinese aircraft parts maker Topcast Aviation Supplies. -
Suncity Group Makes $47 Million Bet To Build Resort In Japan's Miyako Island
Suncity Group Holdings Limited has agreed to pay $47 million to purchase a portion of a 27-acre parcel of land in Japan's Miyako Island. Suncity Group Holdings Limited has agreed to pay $47 million to purchase a portion of a 27-acre parcel of land in Japan's Miyako Island. -
China's Three State-Owned Carriers Record Drop In H1 Net Profits
Air China, China Eastern Airlines, and China Southern Airlines all reported significant drops in net profits for the first half of 2019. Air China, China Eastern Airlines, and China Southern Airlines all reported significant drops in net profits for the first half of 2019.