Sports marketing company CSM wins AFC broadcast rights in China

KUALA LUMPUR, Feb. 28 (Xinhua) — China’s leading sports marketing company China Sports Media (CSM) has been given broadcasting rights by the Asian Football Confederation (AFC) for the remainder of the 2017-2020 commercial cycle, the Asian football governing body announced on Tuesday. The contract signed with CSM Chairman Li Yidong allows CSM to cover the […]

Read More

Despite surprise ending, Oscar gets second lowest rating in history

LOS ANGELES, Feb. 28 (Xinhua) — The 89th Academy Awards may have had one of the most dramatic endings in its history, but it failed to give any help to the ratings. The annual ceremony has brought in an average of 32.9 million viewers in the Untied States on Sunday night, down 4.4 percent from […]

Read More

Australian research reopens questions about how oceans formed

CANBERRA, Feb. 28 (Xinhua) — Australian researchers have discovered than seawater cycles much further below the Earth’s surface than first thought, reopening the age-old question about how oceans formed. Researchers at the Australian National University (ANU) found that ocean water cycled up to 2,900 kilometers below the Earth’s surface, well in excess of the previously-though […]

Read More

Japan’s industrial output drops for 1st time in 6 months in January

TOKYO, Feb. 28 (Xinhua) — Japan’s industrial production declined for the first time in six months in January with the output of transportation equipment dragging down overall production sectors in the recording period, the Ministry of Economy, Trade and Industry, said in a preliminary report on Tuesday. According to the ministry, factory output dropped 0.8 […]

Read More

S.Korean prosecutors to indict Samsung heir, executives on bribery charge

SEOUL, Feb. 28 (Xinhua) — South Korean special prosecutors investigating the scandal embroiling President Park Geun-hye planned Tuesday to indict Samsung Electronics Vice Chairman Lee Jae-yong on bribery charge. Lee Kyu-chul, spokesman of the independent counsel team, told the last press briefing that Lee and four senior Samsung executives will be indicted later in the […]

Read More

Australian industry group warns of job losses from soaring power costs: report

SYDNEY, Feb. 28 (Xinhua) — One of the leading Australian business lobbyists, Ai Group, has warned of nationwide job losses, as power prices skyrocket across the country. The report released Tuesday also stressed not only would businesses suffer from the price increases, but also households, who will see the cost of electricity increase severely. Of […]

Read More

U.S. media blasts Trump in all-out war, but markets remain upbeat

WASHINGTON, Feb. 28 (NsNewsWire) — While the U.S. media continues to pound Donald Trump in a tit-for-tat war with the new president, markets are surging on his vows to cut taxes and roll back the massive regulation that was a hallmark of the previous administration. Trump shocked the world in November after beating rival Hillary […]

Read More