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Despite the epidemic head wind, China still registered 1.26 million new enterprises in the first quarter of this year, with about 99.42 percent of them being private companies, showing the confidence from the private sector, according to data released by Beijing-based China Association of Small and Medium-Sized Enterprises.

Demand for housing in first-tier cities is still healthy in spite of tightened regulations, he said.

Democrats have rejected so-called skinny bills with pared-down funding.

Despite an overall drop in smartphone shipments in January, 5G handset shipments continued to grow last month, up from December's 5.41 million sets to reach 5.46 million, CAICT data showed.

Dendreon: Another bad year for the Seattle biotech company whose stock lost nearly a third of its value. The maker of prostate cancer treatments sold its New Jersey manufacturing facility and posted a 5 million net loss during the third quarter.?“With our restructuring on track, we believe we are in a strong financial position and are looking to the future as we meet the growing interest for Provenge in the marketplace,” said CEO John Johnson in a statement at the time of the third quarter earnings report.