New Malaria vaccine offers hope of cure
Scientists in the U.S. have announced a significant breakthrough in the fight against malaria after a human trial of a new vaccine was 100 percent effective against the disease for the first time in history.
Tesco, CRE in China merger talks
UK retailer Tesco and China Resources Enterprise (CRE) are in talks about merging their hypermarkets and supermarkets in China.
China trade shows signs of recovery
In a sign that China’s economy made be stabilising, new government data has revealed that the country’s exports and imports grew in July.
Bank of China formalises alliance with South Africa’s Nedbank
South Africa’s Nedbank and the Bank of China have entered into a strategic business cooperation agreement designed to grow business flows between China and Africa, as well as provide support to investors.
China fines baby formula companies
China has fined six producers of baby formula a record 670 million yuan for price-fixing, the official Xinhua news agency says.
Sony profits rise
Sony has reported a rise in profits for the April-to-June quarter thanks to what it called “the favourable impact of foreign exchange rates”.
Suspended jail sentences for ex-Olympus execs
Last month a Japanese court handed suspended sentences to three ex-Olympus executives accused of engineering accounting fraud at the camera and medical equipment maker.
Bruce Lee exhibition to hit Hong Kong
A new exhibition in Hong Kong, where Bruce Lee spent his childhood and became a martial arts film star, is being launched to celebrate the man and commemorate the 40th anniversary of his death.
