THERMO Fisher Scientific Inc, the world's largest maker of laboratory instruments, launched a US$9.5 million China innovation center in Shanghai to boost its research, development and training capabilities.
FOREIGN direct investment in Shanghai increased 12.5 percent from a year earlier to US$1.51 billion in May, extending the double-digit growth for another month when the nation's FDI growth was less than 1 percent.
SHANGHAI stocks extended losses to a sixth straight day as financials continued to suffer amid tight liquidity and coal producers declined on falling coal prices.
Knife-wielding mobs attacked police stations in Lukqun township, leaving 17 dead including policemen, before authorities shot and killed 10 rioters
SHANGHAI stocks continued a weak run this morning as lenders and commodity producers declined. The key Shanghai Composite Index lost 25.92 points, or 1.32 percent, to 1,933.59. Turnover was 46.6 billion (US$7.6 billion) by midday.
Paul French writes: It's an acknowledged fact of the globalization era that pretty much everyone likes Chinese food: From Accra to Zagreb, it's not hard to find a decent Cantonese or Sichuanese restaurant. So why do the Chinese, so adept…
Baird Capital, the private equity investment arm of Milwaukee-based Robert W. Baird & Co., says it has made a meaningful financial commitment to back education executive Peter Winn and his team. Winn is the former president of the China-based operations of English First Professional (EF). In six years, Winn built this business from a concept […]
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According to Yan Xiaobing, vice president of the Chinese e-commerce website JD.com, the company aims at the retail sales of nearly CNY100 billion by the end of 2015. Based on information provided by China National Commercial Information Center, JD.com …
Chinese telecom equipment maker Huawei will reportedly invest INR1.75 billion, which is about USD30 million, in the Indian market to establish its own brand. Meanwhile, Huawei launched a new 6.1-inch Android smartphone named Ascend Mate in the country,…
In this edition of China Money Podcast, senior equity analyst at Sanford C. Bernstein, Michael Werner, returns to discuss the recent interbank market liquidity squeeze in China, which Chinese banking shares he likes and what he sees as the biggest risk…
THE price of oil showed a small gain yesterday, as positive US economic news provided some support while traders wait for the latest supply reports.
THE price of oil showed a small gain yesterday, as positive US economic news provided some support while traders wait for the latest supply reports.
THE price of oil showed a small gain yesterday, as positive US economic news provided some support while traders wait for the latest supply reports.
WALL Street got back to focusing on the economy instead of the Federal Reserve yesterday, sending stocks higher.
WALL Street got back to focusing on the economy instead of the Federal Reserve yesterday, sending stocks higher.
Russia and China say US accusations that they helped fugitive US former intelligence analyst Edward Snowden escape are unacceptable
There is a feel of 1914 in the air. Just as with tensions at the turn of the last century, both Tokyo and Beijing are certain of their positions
High-end eateries might be having a hard time in the absence of big spenders but they are at least lifting the party mood