The U.S. will likely emerge the winner in a "cold currency war" that is heating up, an expert said.Currenciesread more
These box office numbers do not include the cost of production or marketing costs. They also don't count the billions in merchandising that Disney has made over the last...Entertainmentread more
Tariffs are the only instrument left for addressing China's systematic and excessive surpluses on its U.S. trades, writes Michael Ivanovitch.US Economyread more
In its latest attempt to build market credibility, China on Monday launched the Science and Technology Innovation Board, or "STAR Market," on which 25 companies were listed.China Economyread more
When Cathy Hsu and Tony Hsieh wanted to build an English language app for Chinese children, they decided to follow Facebook and Google's lead.Start-upsread more
Stocks in Asia traded lower on Monday afternoon, as a Nasdaq-style technology board on the Shanghai Stock Exchange marked its debut.Asia Marketsread more
Instagram began tests that hide "like" counts on posts. That means influencers who market products on Instagram will have to rely on different metrics to show success.Technologyread more
Peter Neupert worked for Microsoft and Amazon-backed Drugstore.com, where he got to know Jeff Bezos. He now advises start-ups.Technologyread more
The firing of the tear gas was the latest confrontation between police and protesters who have taken to the streets for over a month to fight a proposed extradition bill and...China Politicsread more
Last week shows that oil prices are not the indicator for Middle East tensions they once were, and worries about global demand and growing U.S. production has changed that...Market Insiderread more
Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
Up to eight Chinese ships will offer cruises to the South China Sea over the next five years, a state-run newspaper said on Thursday, as Beijing continues to promote tourism to the disputed waters.
Sanya International Cruise Development, a joint venture by COSCO Shipping, China National Travel Service (HK) Group and China Communications Construction, will buy between five and eight ships, the official China Daily reported.
It will also build four cruise liner docks in Sanya, a Chinese resort city on the southern island province of Hainan, the paper added.
Liu Junli, chairman of Sanya International Cruise, said the company is already operating the "Dream of the South China Sea" cruise ship and plans to add another two cruise ships by next summer, the report said.
The ships will travel to the Crescent group of islands, part of the Paracels, and is also "considering a cruise around the South China Sea at the appropriate time", it added.
Hotels, villas and shops will all be built on the Crescent group, the paper said.
It is not clear if foreigners will be allowed on these cruises or if they will be allowed to visit China's holdings in the South China Sea.
China claims 90 percent of the potentially energy-rich South China Sea. Brunei, Malaysia, the Philippines, Vietnam andTaiwan lay claim to parts of the sea, through which passes about $5 trillion of trade a year
Countries competing to cement their rival claims have encouraged a growing civilian presence on disputed islands in the South China Sea. The first cruises from China to the Paracel islands were launched by Hainan Strait Shipping in 2013.
Beijing has also said it wants to build Maldives-style resorts around the South China Sea.
China has refused to recognise a ruling by an arbitration court in The Hague that invalidated its vast territorial claims in the South China Sea and did not take part in the proceedings brought by the Philippines.
Follow CNBC International on and Facebook.