APPLE has bought online mapping services HopStop and Locationary as part of its ongoing effort to create a more formidable alternative to Google's navigation system.
2013-07-20
APPLE has bought online mapping services HopStop and Locationary as part of its ongoing effort to create a more formidable alternative to Google's navigation system.
2013-07-20
In an important step towards interest rate liberalization, the People's Bank of China announced a series of new measures to further free up the country's interest rates, according to a note published on the central bank's website. The floor of lending rates, which is 70% of the fixed policy lending rates, is removed. Bill discount […]
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2013-07-20
A bad day for technology stocks yesterday slowed a recent surge in the stock market.
2013-07-20
THE price of oil finished with a fourth straight weekly gain after rising a penny yesterday.
2013-07-20
WSJ reports: People in the U.S. and China view each other with increasing suspicion, and many others around the world see the U.S. losing its place to China as the leading economic and political power, a new public opinion poll…
2013-07-20
In a move towards liberalisation, the central bank has scrapped the lower limit on commercial interest rates and eliminated controls on discount bills
2013-07-20
STASHING profits offshore may soon get tougher for companies, thanks to an ambitious plan released yesterday by the finance chiefs of leading world economies aimed at forcing multinationals to pay more taxes.
2013-07-20
JEWELERS in Shanghai are being investigated over claims they are manipulating the retail price of gold jewelry.
2013-07-20
Tourists admire Karyatids statues at the Athens Acropolis Museum yesterday. Foreign tourists are returning to Greece's sundrenched islands and ancient temples, central bank data showed yesterday, boosting hopes that the key sector may help the crisis-h…
2013-07-20
NEARLY 90 percent of Chinese families either fully or partially own their homes, a survey by Peking University's Institute of Social Sciences showed yesterday.
2013-07-20
GLAXOSMITHKLINE has sent its head of emerging markets and two other top executives to China to lead the drugmaker's response to an unfolding crisis over alleged bribery and corruption.
2013-07-20
CHINA'S state-owned asset watchdog said yesterday that punishments will be imposed if ongoing auditing uncovers any illegal practices at China Resources (Holdings), a Hong Kong-registered conglomerate accused of corruption involving state-owned assets.
2013-07-20
CHINA has raised fuel prices by more than 3 percent, the biggest increase since a new pricing mechanism was implemented, in response to higher crude rates in global markets.
2013-07-20
DETROIT, the once-mighty symbol of America's manufacturing strength has now become the biggest US city to file for bankruptcy, the result of a long, slow decline in population and auto manufacturing.
2013-07-20
CHINA has ended controls on bank lending rates in a move toward creating a market-oriented financial system to support economic growth.
2013-07-20
A MASSIVE sell-off across the board dragged the key Shanghai stock index down below the 2,000-point mark yesterday, with property developers and financial firms leading the decline.
2013-07-20
A MASSIVE sell-off across the board dragged the key Shanghai stock index down below the 2,000-point mark yesterday, with property developers and financial firms leading the decline.