Leasing prices of homes for Shanghai expats are expected to rise this year because the vacancy rate is low even though companies are trimming their housing allowances, a local real estate agency predicted.

SHANGHAI stocks ended almost flat today as investors adopted a cautious stance amid rising market uncertainty.

SHANGHAI stocks fell this morning, led by food and beverage producers as investors worried about the impact of tighter rules on wealth management products.

Foreign minister says Jakarta protested to Beijing over China’s decision to print a map in its passports featuring claims to much of the South China Sea

FOR the second time in less than a month, the US stock market marched past another milepost on its long, turbulent journey back from the Great Recession, toppling another record left over from the days before government bailouts and failing investment banks.

THE price of oil rose above US$97 a barrel yesterday for the first time in five weeks, boosted by gains in US stock markets and more signs of a strengthening economy.

US looks for new measures to deter hackers but that will not cause broader damage to the economic and political relationship with China

CHINA'S industrial companies posted a 17.2 percent jump in combined profits to 709.2 billion yuan (US$143.9 billion) in the first two months this year compared to the same period in 2012, adding to signs of economic recovery, the National Bureau of Statistics said yesterday.

BANKS in Cyprus reopened for the first time in nearly two weeks yesterday and prohibited people from withdrawing all their savings and triggering further chaos in the country's financial system.

CYPRUS' president has cut his salary by a quarter in a show of solidarity with ordinary Cypriots suffering the country's financial crisis.

RESEARCH In Motion Ltd said yesterday it sold about 1 million phones running its new BlackBerry 10 system. It also surprised Wall Street by returning to profitability in the most recent quarter.