Since 2008, advanced countries' central banks have broken a decades-old commandment: Thou shalt not engage in monetary financing of government spending. While many of these banks have never been truly independent, this shift threatens to end the era of…
2013-03-06
Sales have spiked, prices have increased and divorces have jumped as people attempt to exploit a loophole in the forthcoming rules
2013-03-06
CHINA is expected to start licensing telecom operators to offer services on its fourth-generation (4G) mobile phone network within 2013, a senior official has said.
2013-03-06
China's top economic planner said today the country is studying a new fuel pricing scheme to make it reflect the global markets' oil price fluctuations more swiftly.
2013-03-06
Media Markt China announced on its official website that the company will be closing its seven electronics retail stores in the country on March 11, 2013. According to the statement, Media Markt's Chinese stores will remain open until March 11. After t…
2013-03-06
Chinese B2C e-commerce website Vancl.com announced that it will acquire the apparel e-commerce brand Crucco with an undisclosed amount of cash and equity. The valuation of Crucco was reportedly over CNY10 million, but specifics are still not available….
2013-03-06
Chinese B2C e-commerce website Vancl.com announced that it will acquire the apparel e-commerce brand Crucco with an undisclosed amount of cash and equity. The valuation of Crucco was reportedly over CNY10 million, but specifics are still not available….
2013-03-06
OIL rose for the first time in four days yesterday, but traders questioned whether the gains were sustainable.
2013-03-06
THE Dow closed at an all-time high yesterday, beating the previous record it set in October 2007, before the financial crisis and Great Recession.
2013-03-06
EMC announced its new 5-year development plan for its China business, covering channel expansion, cloud projects, and big data business. Ye Chenghui, EMC's global senior vice president and president for Greater China, revealed that he set a new goal fo…
2013-03-06
Chinese premier sounds growth warning in final ‘state of the union’ address, but doubts persist over his belief in radical political reforms to the one-party system
2013-03-06
Tigers and flies and having to change their diet at a time when party bigwigs are talking about austerity and corruption, writes Patti Waldmeir