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Baidu posts biggest profit decline since going public

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Baidu Inc , China's largest Internet search company, posted its steepest-ever quarterly profit decline and slowest growth in revenue in nearly eight years, hit by a healthcare scandal that ensnared the company this year.

UPDATE 1-Baidu posts biggest profit decline since going public

July 28 Baidu Inc, China's largest Internet search company, posted its steepest-ever quarterly profit decline and slowest growth in revenue in nearly eight years, hit by a healthcare scandal that ensnared the company this year.

2:45am IST

China says to hold drills with Russia in South China Sea

BEIJING China and Russia will hold "routine" naval exercises in the South China Sea in September, China's Defence Ministry said on Thursday, adding that the drills were aimed at strengthening their cooperation and were not aimed at any other country.

12:43am IST

Toy-robot maker Wonder Workshop raises $20 million in second funding round

Wonder Workshop Inc, which makes toy robots that teach kids how to code, said it raised $20 million in its second round of funding and was looking to expand into new markets, especially China.

28 Jul 2016

Wanda Commercial says major shareholder KIA in favour of delisting plan

HONG KONG, July 28 China's Dalian Wanda Commercial Properties Co Ltd said on Thursday its joint-largest shareholder Kuwait Investment Authority (KIA) intends to approve the developer's Hong Kong delisting proposal, in line with fellow shareholder China Life Insurance Co Ltd .

28 Jul 2016

China says pressing ahead with own anti-missile system

BEIJING China's Defence Ministry confirmed on Thursday that it was pressing ahead with anti-missile system tests after pictures appeared on state television, amid anger at South Korea's decision to deploy an advanced U.S. anti-missile system.

28 Jul 2016

China says pressing ahead with own anti-missile system

BEIJING, July 28 China's Defence Ministry confirmed on Thursday that it was pressing ahead with anti-missile system tests after pictures appeared on state television, amid anger at South Korea's decision to deploy an advanced U.S. anti-missile system.

28 Jul 2016

U.S. diplomatic strategy on South China Sea appears to founder

WASHINGTON In the lead-up to an international court ruling on China's claims in the South China Sea this month, United States officials talked about rallying a coalition to impose "terrible" costs to Beijing's international reputation if flouted the court's decision.

28 Jul 2016

Lee unfazed by possible last-four clash with Lin

World number one Lee Chong Wei is not ready to dwell on the prospect of facing arch-rival Lin Dan of China in the Rio Olympics semi-finals, after both shuttlers were drawn in the same half for the Games.

28 Jul 2016

China green lights ride-hailing services with new regulations

BEIJING China has given the green light to online ride-hailing services, issuing guidelines that establish a long-awaited framework for the booming industry and remove uncertainty for firms such as Didi Chuxing and U.S. rival Uber Technologies Inc.

28 Jul 2016