When the city of Detroit filed for bankruptcy last week, it became the largest such filing in US history. Detroit's fate should serve as a warning, not only for China, but for the next generation of urbanizing countries (for example, India) as well.
2013-07-22
Some of the better-managed emerging-market economies will continue to experience rapid growth and asset outperformance in the coming decade. But many BRICS countries and a few other emerging markets may hit a thick wall, with growth and financial marke…
2013-07-22
SHANGHAI stocks snapped a three-day losing streak and closed higher today, boosted by emerging industries amid optimism over China's economic restructuring.
2013-07-22
SHANGHAI stocks snapped a three-day losing streak and closed higher today, boosted by emerging industries amid optimism over China's economic restructuring.
2013-07-22
SHANGHAI stocks snapped a three-day losing streak and closed higher today, boosted by emerging industries amid optimism over China's economic restructuring.
2013-07-22
MOST Chinese banks fell in Shanghai on the first trading day followed the central bank's announcement that commercial lenders are free to price lending rates, the latest deregulation move that may further erode lenders' margins.
2013-07-22
MOST Chinese banks fell in Shanghai on the first trading day followed the central bank's announcement that commercial lenders are free to price lending rates, the latest deregulation move that may further erode lenders' margins.
2013-07-22
CHINA'S venture capital and private equity market saw 121 new funds set up in the first half of this year, compared with 340 over the same period last year, according to an industry report. New funds raised an aggregate US$7.8 billion, slumping 57.8 pe…
2013-07-22
CHINA'S venture capital and private equity market saw 121 new funds set up in the first half of this year, compared with 340 over the same period last year, according to an industry report. New funds raised an aggregate US$7.8 billion, slumping 57.8 pe…
2013-07-22
THE average new home cost rose to a 20-week high last week in Shanghai amid strong sales of luxury properties while overall transaction volume registered a rather insignificant rebound during the same period, latest market data showed.
2013-07-22
THE average new home cost rose to a 20-week high last week in Shanghai amid strong sales of luxury properties while overall transaction volume registered a rather insignificant rebound during the same period, latest market data showed.
2013-07-22
CHINA'S most popular mobile messaging service WeChat experienced an outage this morning, the first major breakdown in its two-and-a-half-year history.
2013-07-22
CHINA'S most popular mobile messaging service WeChat experienced an outage this morning, the first major breakdown in its two-and-a-half-year history.
2013-07-22
Caijing reports: Global fast food chain KFC apologized Sunday over a central television report that ice cubes supplied in stores were found even dirtier than the public toilet water. "We are sorry about this," KFC (China) said in the entries…
2013-07-22
The $214 billion-under-management U.S. asset manager Neuberger Berman has launched a Greater China equity fund, a mutual fund for U.S. investors. The fund invests primarily in the stocks of companies based in the greater China region, including the mainland, Hong Kong, Taiwan and Macau. The fund is managed by a team of 13 portfolio managers, […]
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2013-07-22
SHANGHAI stocks declined in the morning session, dragged down by the banking sector, after China removed controls on lending rates.
2013-07-22
SHANGHAI stocks declined in the morning session, dragged down by the banking sector, after China removed controls on lending rates.
2013-07-22
With security and spying concerns breathing down its neck in other parts of the world, Chinese telecom device maker Huawei plans to invest EUR100 million in Romania over the next five years. Huawei has been operating businesses in Romania for over ten …