A tiny handful of leaders at the top of the Communist party hierarchy chose the new president of China in a conclave five years ago

SHANGHAI stocks today rebounded from a two-month low as lenders gained amid optimism over their earnings even though capital was removed from the money market by the central bank.

The new leader has made his mark, at least on the surface, including a campaign against corruption, but fundamental reforms will remain elusive

THE Dow Jones industrial average notched its ninth gain in a row, giving the index its longest winning streak in more than sixteen years.

THE price of oil was little changed yesterday as rising US supplies offset a strong report on US consumer spending that pointed to growing demand for oil and gas in a strengthening economy.

Tmall.com, the B2C Internet shopping subsidiary of Alibaba Group, announced that it will cooperate with Danone and Nestle to launch direct sales and delivery of milk powder under six brands of the two groups, allowing Chinese consumers to enjoy the safe importation of milk powder products. Danone's Karicare, Nutrilon, Cow & Gate and Dumex, and […]

Chinese search engine provider Baidu Inc. announced the appointment of Jin Yu as its new vice president for strategy. In this role, Jin will be responsible for Baidu's strategy management and related implementation and coordination. Jin will directly r…

Chinese Internet video website Letv.com announced that it is working with Foxconn in the establishment of a joint venture for the production of super TVs and set-top boxes, which are expected to be formally launched in the third quarter of 2013. Accord…

Xi Jinping intends to capitalise on the charisma of his singer wife Peng Liyuan to tackle China’s image problems abroad

The brutal assault on protesters in Shangpu suggests that an earlier democratic gain by another Guangdong community in Wukan was an aberration

CHINA'S central bank Governor Zhou Xiaochuan warned yesterday that about 20 percent of local government financing vehicles were not profitable and were vulnerable to risks.

CENTRAL bank Governor Zhou Xiaochuan said yesterday that he was not sure if he will stay for a third term, only saying that China's financial policies will remain stable and consistent.

An auction house employee holds a pear-shaped diamond weighing 101.73 carats in London yesterday. To be offered for sale for the first time on May 15 in Geneva by Christie's, the gemstone, one of the largest pear-shaped diamonds known to date, is a D c…

THE European Parliament overwhelmingly rejected a proposal for the European Union's 960-billion-euro (US$1.3 trillion) budget yesterday, in the latest example of the lawmakers' newfound resolve to stand up to EU national leaders.

CHINA Everbright Bank will resume its initial public offering in Hong Kong by issuing up to 12 billion H shares, the lender said yesterday.