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  2. BUSINESS
  3. Corporate Buzz (Page 79)

Corporate Buzz

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  • BUSINESS
  • Corporate Buzz

Xiaomi sees revenue rise to $13 billion in Q4 2021

Wang Xiang, president of Xiaomi, said in an earnings call that despite challenges, Xiaomi still has big growth room.

  • Published: March 24, 20224:11 pm
  • Author Ann Asianews Network
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  • BUSINESS
  • Corporate Buzz
  • + 1 more
    • Top News

China leads in global digital publishing industry

The overall revenue of China's digital publishing industry reached 1.18 trillion yuan ($190 billion) by 2020, an increase of 11 times compared with 10 years ago.

  • Published: March 23, 20224:04 pm
  • Author Yang Yang
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  • BUSINESS
  • Corporate Buzz
  • + 2 more
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    • Top Row

Alibaba expands share buyback program

The largest buyback in Alibaba history will run for two years through March 2024, the company said in a statement, adding the board had authorized the program.

  • Published: March 23, 20229:19 am
  • Author He Wei
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  • BUSINESS
  • Corporate Buzz
  • + 2 more
    • Lifestyle
    • Today Highlights

Chanel duels South Korean resellers in luxury boom

The luxury company said it has seen traffic to its boutiques in South Korea skid since it began screening for customers it believed might be stocking up purely to flip to others…

  • Published: March 18, 20224:50 pm
  • Author Ann Asianews Network
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  • BUSINESS
  • Corporate Buzz
  • + 1 more
    • Top News

Samsung CEO apologizes for stifling phone performance

It was the first time that a top Samsung executive has offered an apology to the public amid complaints growing over the latest smartphone’s controversial game optimizing…

  • Published: March 17, 20227:38 am
  • Author Lee Ji-yoon
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  • BUSINESS
  • Corporate Buzz
  • + 1 more
    • Top News

Billionaire Prajogo Pangestu gets full control of Star Energy Geothermal

Indonesia, which holds the world’s largest geothermal reserves, is aiming to have a total of 3.35 GW of geothermal power production capacity by 2030.

  • Published: March 11, 20224:40 am
  • Author Ann Asianews Network
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  • Beyond Asia Main
  • BUSINESS
  • + 3 more
    • Corporate Buzz
    • GEOPOLITICS
    • Russia-Ukraine conflict

Russia will nationalize assets of foreign firms that leave: Ruling party

Corporate actions to censure Russia vary widely, with some temporarily shutting down factories but others promising to exit the country.

  • Published: March 10, 20229:34 am
  • Author Ann Asianews Network
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  • Around Asia
  • BUSINESS
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    • ECONOMIC AFFAIRS
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Czech firm inks major pepper deal with Cambodia

Cambodia exported about 28,100 tonnes of peppercorn last year, increasing by 452 per cent over 2020.

  • Published: March 10, 20227:56 am
  • Author Hom Phanet
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  • BUSINESS
  • Corporate Buzz
  • + 1 more
    • Top News

Cathay Pacific narrows annual loss on cost cuts, cargo demand

Since Jan 2022, the airline has been operating just 2 percent of its pre-pandemic passenger capacity.

  • Published: March 9, 20224:57 pm
  • Author Ann Asianews Network
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  • Asian flavours
  • BUSINESS
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Japan’s rice ball tycoon envisages shops worldwide

His ambition is to open 2,000 shops mainly in Asia by 2025 and 10,000 around the world by 2030.

  • Published: March 9, 20224:47 pm
  • Author Ann Asianews Network

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