Facebook May Owe Billions More in Taxes - Update 

Facebook Inc. said it could be on the hook for $3 billion to $5 billion in additional taxes as a result of an Internal Revenue Service investigation into how the social network transferred assets overseas. (published 0206 GMT)

 
 
ASM Pacific 1H Net Profit Down 33.3% on Year 

ASM Pacific Technology Ltd. reported a 33.3% decline in first half net profit because of weak global demand. (published 0049 GMT)

 
 
China LNG Group Expects 1H Net Profit to More Than Triple on Year 

China LNG Group Ltd.'s first-half net profit is expected to be more than triple from 6.2 million Hong Kong dollars it recorded a year earlier. (published 0036 GMT)

 
 
CDL Hospitality Trusts 2Q Distribution Per Stapled Security Falls 0.9% 

Singapore-listed hotel owner and operator CDL Hospitality Trusts's second quarter distribution per stapled security fell 0.9% as net property income declined due mainly to weak demand amid a sluggish global economic climate. (published 0034 GMT)

 
 
Topsearch International Expects 1H Net Profit to Fall 90% On Year 

Topsearch International Ltd. expects to report a 90% decline in net profit in the first half after tax from a year earlier. (published 0019 GMT)

 
 
Earnest Investments Names Zhang Yufei as CEO With Immediate Effect 

Earnest Investments Holdings Ltd. has appointed Zhang Yufei as chief executive with immediate effect. (published 0000 GMT)

 
 
Baidu Profits Again Fall Sharply 

Baidu Inc. on Thursday gave downbeat revenue projections for the current period following a second consecutive sharp drop in quarterly profit. (published 0014 GMT)

(END) Dow Jones Newswires

July 28, 2016 23:00 ET (03:00 GMT)

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