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Asian markets edge up despite expected weekly losses
TOKYO (Reuters) - Asian shares shook off early losses on Friday, underpinned by overnight gains on Wall Street, while the dollar steadied after its recent rally ran out of steam on disappointing retail...
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China's government wants to encourage a 'passion for innovation' among start-ups
The State Council, China's cabinet, issued a call yesterday for ministries and local governments at "all levels" to support innovation and start-ups, with fast-growing companies like e-commerce giant...
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China's banks are lending a lot of money, very fast
Chinese banks extended 1.02 trillion yuan of new loans in February, well above market expectations, while growth in broad money supply quickened, taking some heat off the central bank as it seeks to...
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The White House is slamming Britain for appeasing China's rising power
The front page of the Financial Times on Friday morning carries an amazing splash with a rare diplomatic tension between the highest levels of the British and American governments — the UK government...
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China is finding creative and dangerous ways to charge Teslas
It has not been easy going in China thus far for electric-car maker Tesla Motors.Among the many challenges of selling its cars in that country are a lack of public-charging infrastructure and a Chinese...
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A Chinese billionaire who buys million dollar art with his AmEx racked up an...
Billionaire Liu Yiqian is a regular globetrotter, often traveling abroad to bid millions of dollars in auctions for ancient Chinese art. But he usually travels for free.That's after Bloomberg reporters...
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Wall Street's Macau delusion has really gone far enough
Chinese President Xi Jinping has made it clear he doesn't want Chinese mainlanders gambling. Macau's gambling revenue during the Lunar New Year was disappointing. And the island's economy shrank by 17%...
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LUMBER LIQUIDATORS FOUNDER: I was 'dying' to buy the stock when it crashed...
Tom Sullivan, the chairman and founder of hardwood retailer Lumber Liquidators, told CNBC's Scott Wapner that he was "dying" to buy the stock after it tumbled following a "60 Minutes" report. Sullivan...
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Washington is worried about this Chinese-led Asian regional bank
BEIJING (AP) — Britain has become the first major Western government to apply for membership in a proposed Chinese-led Asian regional bank that Washington worries will undercut institutions such as the...
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There's a new ticking time bomb inside China's economy
People are starting to talk about a new danger in the Chinese financial system: asset-backed securities (ABS).An ABS is basically bond that might be collateralized by a number of things like loans,...
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'Downward pressure' in China is intensifying
Gone are the days of double-digit growth in China, with official targets always far exceeded. That was the message delivered on March 5th by the prime minister, Li Keqiang, at the opening of the annual...
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The future of Bitcoin is China
More than 80% of bitcoin transactions take place in Chinese yuan, according to a new research report on payments from Goldman Sachs. Chinese yuan trading volume has made up a majority of bitcoin...
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This man took on China's repressive government — and won
The departure from Beijing on May 19th 2012 of Chen Guangcheng, his wife and two children on a plane bound for America marked the end of the most dramatic story of a dissident's escape from persecution...
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The days of double-digit growth in China are over
Beijing (AFP) - The Chinese government has more weapons in its arsenal to boost the world's second-largest economy, Premier Li Keqiang said Sunday as he sought to ease concerns about flagging growth.Li...
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One of the most senior Chinese military officers accused of corruption has died
BEIJING (Reuters) - One of the most senior Chinese military officers to be accused of corruption has died of cancer, the state news agency Xinhua said on Monday, sparing the government what could have...
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Chinese investment in South Korea is skyrocketing
Chinese investment in South Korea is surging ahead of a free-trade agreement between the two countries while Chinese funds going into Japan have dwindled in part due to geopolitical tensions between...
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China is investigating the top executive of one of the country's biggest...
Shanghai (AFP) - China is investigating the top executive of one of the country's biggest automakers FAW, the Communist Party's corruption watchdog said, as a prolonged graft crackdown targets more...
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Apple's biggest rival in China is working on an answer to the Apple Watch (AAPL)
Xiaomi, the red-hot $45 billion startup often referred to as the "Apple of China," is reportedly working on a smartwatch.There aren't many details yet, but according to GSM Arena, the device is going...
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China is experimenting with a new technology that turns iron ore waste into...
An Australian technology which harvests blast furnace waste and converts it into a new product to make cement is being trialled in China, where 60% of the world’s iron waste is found.The...
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The Chinese arms industry is booming
China became the world’s third-largest weapons exporter over the past five years – overtaking Germany and France in the arms supply trade.But it still trails far behind the United States and Russia on...
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