Company

Company

Tencent becomes Asia's most valuable company

Chinese internet giant Tencent has become Asia's most valuable company with its shares closing at record high on the Hong Kong Stock Exchange Monday.
Company

Alibaba pays US$2.9b for stake in Sun Art Retail

Alibaba's purchase of 36.16 percent of Sun Art is aimed at boosting the integration of the e-commerce giant's online and offline businesses.
Company

L'Oreal steps up green strategy

Eighty percent of the cosmetic giant's products developed this year were in line with its commitment to the environment.
Company

Germany's Wacker plans US$24m expansion in China

The company sees great potential in high-end chemicals as China's economy grows and demand for quality increases.
Company

Baidu to roll out production of self-driving cars next year

The search engine giant will work with Xiamen King Long United Automotive Industry Co.
Company

Airbus lands biggest-ever deal worth US$49.5b for 430 A320s

Airbus signed a US$49.5 billion deal yesterday to sell 430 planes to the private equity firm that owns Frontier Airlines, striking the aerospace company's biggest deal ever.
Company

EY to double size of cybersecurity team in China

Huge demand for cybersecurity in Asia Pacific and firm also seeks M&A prospects in country
Company

Tencent posts better-than-expected earnings in Q3 on popularity of mobile games and social media apps

Company also actively seeks overseas revenue stream and alternative businesses beyond gaming and social media.
Company

Evonik expands in China  to meet robust demand for specialty chemicals

German firm confident of further growth after opening a plant in Shanghai two months ago.  
Company

Dubai Airshow takes off with Emirates' US$15.1b Boeing buy

The biennial Dubai Airshow opened yesterday with long-haul carrier Emirates making a US$15.1 billion buy of American-made Boeing 787-10 Dreamliners
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