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The People's Bank of China, the central bank, said on Thursday that it would make targeted cuts to the reserve requirement ratio, or the amount of cash that banks need to set aside as reserves, to ensure sufficient liquidity and increase credit to small businesses affected by the novel coronavirus outbreak.

The People's Bank of China said Friday that it has raised the upper limit on small bank batch payments to 500 million yuan (about .4 million) from Jan 24 to 30 to ease fund transfers in the fight against the pneumonia caused by the novel coronavirus.

The Quanzhou court's ruling marked Huawei's first victory in safeguarding its intellectual property in the local market.

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The Rookies, which marks the first time for Jovovich to lead a Chinese film, is gearing up to open on July 12.

The Philippine President Rodrigo Duterte is due to visit the region that suffered severe flooding triggered by the spilling water from Magat Dam, a large rock-fill dam in the main island of Luzon.

The SASAC has long aimed to reduce the number of central SOEs to under 100 as it accelerated restructuring and reforms to make SOEs more efficient and competitive.

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The People's Liberation Army Air Force recently conducted combat exercises over the western Pacific Ocean and South China Sea, according to its spokesman, Senior Colonel Shen Jinke.

The Q1 loans were mainly channeled to the real sector of the economy, with 85.1 percent of the total going to enterprises and public institutions, Ruan Jianhong, a PBOC official, told a Friday press briefing.

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The Seattle tech giant is now delivering 50 percent of packages itself, according to Morgan Stanley estimates spotted by CNBC. Analysts estimate Amazon Logistics will soon overtake UPS and FedEx in the total volume of packages delivered in the U.S.

The Seattle-based company’s investment was made through the 0 million Alexa Fund, which backs promising innovations in voice technology. Luma’s system promises more reliable and secure connections using multiple WiFi devices and built-in network intelligence.?The Luma devices are currently available for preorder on Amazon for 9 for a single device and 9 for a three-pack.