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The oil price rally is in full swing

The oil price rally is finally underway.This week saw both WTI and Brent hit their highest levels in all of 2015 thus far. WTI closed on April 16 above $56 per barrel and Brent extended its lead into...

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15 surreal pictures of Chinese 'nail houses' whose owners refused to cave to...

Some homes are built out of spite. Others are left standing as a form of protest.In China, "nail houses"— homes that remain standing despite pressure from real estate developers to sell — have become...

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Chinese president Xi is heading to Pakistan to launch a $46 billion economic...

ISLAMABAD (Reuters) - Chinese president Xi Jinping is due in Pakistan on Monday where he will launch $46 billion in projects linking the old allies, a figure that far exceeds U.S. spending in Pakistan...

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The US needs to adapt to an engaged China

As Asians imagine a world without Lee Kuan Yew, I can’t help wondering what that diplomatic giant, with strong opinions on many things, would have made of the US’s lead-booted diplomacy over China’s...

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Cash-strapped Venezuela has received $5 billion in funding from China

Caracas (AFP) - Cash-strapped Venezuela has received $5 billion in financing from China, President Nicolas Maduro announced Sunday as his country struggles with an economic crisis."We just received $5...

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China just detained some gangs that are accused of smuggling 440,000 tons of oil

BEIJING (Reuters) - Chinese customs have detained members of two gangs involved in smuggling in 440,000 tonnes of fuel using retooled fishing boats or vessels done up to look like boats that carry out...

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One of investors' greatest fears about betting on China was just confirmed

Chinese real-estate developer Kaisa has officially defaulted on its debt.This story has been developing for months, and it's confirmation of what can go wrong for investors who are making risky bets in...

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10 photos of the largest Phillipines-US military exercise in 15 years

MANILA (Reuters) - Philippine and U.S. soldiers began their biggest combined military exercise in 15 years on Monday, in a demonstration of Washington's commitment to its long-time ally as it...

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China's knockoff Range Rover is back – and there's nothing Jaguar Land Rover...

Jaguar Land Rover is in the midst of a major sales push in China. In order to have enough cars to sell, the company is planning to construct a $1.8-billion factory to build the Range Rover Evoque...

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China is overhauling its IPO process and considering listing foreign firms

SHANGHAI (Reuters) - China will switch to a "registration system" for initial public offerings (IPO), ending the current approval process, the official China Securities Journal reported on Tuesday, a...

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The Shanghai Stock Exchange is so big computers can't even handle it

SHANGHAI (Reuters) - China's stock trading fever has made the Shanghai Stock Exchange the world's biggest in terms of turnover, surpassing the New York Stock Exchange, but the explosion in volumes has...

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LARRY FINK: It's boom or bust in China

SINGAPORE (Reuters) - The chief executive of BlackRock Inc, the world's largest money manager, said on Tuesday that China will need to continue to reform its capital markets to avert what he called...

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China just let part of a state-owned company default for the first time ever

China's Baoding Tianwei Baobian Electric just became the first state-owned business to default on onshore Chinese debt according to Reuters— that's a bad news landmark for China's economy, which is...

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Look how similar red-hot Chinese startup Xiaomi's products are to Apple's...

Xiaomi is one of the hottest smartphone companies out there. Just five years old, it has rapidly grown to become the world's most valuable tech startup, worth about $46 billion (£30.9 billion), which...

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The luxury-car party is over in China

When the Italian luxury carmaker Maserati entered China a decade ago, with a brand virtually unknown to Chinese customers, it sold fewer than 40 vehicles its first year.Last year, the Asian giant was...

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Hong Kongers are worried that China is swallowing them

All around Chow Tak-yee's neighborhood in the working-class edges of Hong Kong, the 26-year-old can feel the spreading influence of nearby mainland China on the prosperous, open-minded city she's...

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Carson Block sounds like he's having a great day since the co-CEO of one of...

Influential short-seller Carson Block, the founder of Muddy Waters Research, seems pleased this morning. That's because NQ Mobile's co-CEO, Omar Khan, just stepped down from his role at the Chinese...

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Huawei CEO: China's cybersecurity policy could backfire

China can only ensure its information security in the long run if it keeps its market open to the best technology products, be they foreign or domestic, Huawei's rotating chief executive Eric Xu told...

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8 American habits I kicked when I moved to China

1. Keeping my privates privatePublic bathrooms are very different in China. Moving there, I knew squat toilets predominated, and I knew Man / Woman (男/女) restrooms were not uncommon.I was surprised to...

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Here's a sweet photo of China’s Air Force One being escorted by 8 Pakistan...

Chinese President Xi Jinping received a very warm welcome on his arrival for a two-day state visit in Pakistan on Apr. 20. A formation of eight JF-17 Thunder jets intercepted and escorted the...

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