The real money in Chinese sport is not on the pitch but in the ads. Big names will continue to come to the country despite recent bad press, writes Patti Waldmeir
2013-04-02
In this episode of China Money Podcast, our host Nina Xiang reviews the latest news from the week of March 25 to April 1, 2013. – China's official PMI (Purchasing Managers' Index) number rebounded significantly in March, consistent with the rebound shown in the HSBC PMI released earlier. The statistic further supports the view that […]
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2013-04-02
SHANGHAI stocks fell to the lowest level in more than three months as investors remained cautious about the growth prospects of economy, while China' central bank drained cash from the country's money market for the seventh straight week.
2013-04-02
Chinese B2C e-commerce website 360buy.com has officially changed its domain name from 360buy.com to Jd.com. At the same time, its official Chinese name "Jing Dong Shang Cheng" is shortened to "Jing Dong"; and its blue-colored logo "360buy" is replaced …
2013-04-02
Micheal Cole writes: The recent craze for divorces designed to enable more property purchases may already be on its way out in China’s capital as Beijing banned one person households from buying a second home. A government announcement on March…
2013-04-02
SHANGHAI stocks declined this morning as falling health-care stocks offset the gains of property developers and cement producers.
2013-04-02
Taipei will allow mainland banks to buy bigger stakes in local banks and permit more Chinese firms to invest in its financial industry
2013-04-02
THE stock market got off to a slow start in April, edging lower after the Standard and Poor's 500 index eclipsed its all-time high last week.
2013-04-02
THE price of oil fell yesterday as Exxon shut a pipeline that carries oil out of the Midwest and a report showed a cooling of US manufacturing activity.
2013-04-02
Apple's Chinese website now has a written apology from the company's CEO Tim Cook. On March 15, World Consumer Rights Day, Chinese television ran stories about Apple's poor warranty policies in China and how they fell short of similar Apple policies in…
2013-04-02
Apple's CEO Tim Cook has penned an apology to Chinese consumers over warranty and after-sales issues in China. On March 15, World Consumer Rights Day, Chinese television ran stories about Apple's poor warranty policies in China and how they fell short …
2013-04-02
Chief executive says that a lack of external communication had led to a perception that Apple was ‘arrogant’ and did not value consumer feedback
2013-04-02
CHINA'S manufacturing activity rebounded to an 11-month high in March, but analysts said the improvement was not as strong as they had expected.
2013-04-02
HOUSE prices in China rose for the 10th straight month in March as sentiment among buyers continued to pick up.
2013-04-02
CHINA has approved four major power projects worth a total of 12.5 billion yuan (US$2.01 billion) in the Xinjiang Uygur Autonomous Region.
2013-04-02
CHINA Everbright Bank Co Ltd said yesterday that its 2012 net profit surged 30.61 percent to 23.62 billion yuan (US$3.77 billion) due to improved net interest margin and higher intermediary income.
2013-04-02
THE Cypriot president pledged yesterday that not even his own family will be immune from a commission of inquiry into allegations of wrongdoing in the run-up to a crippling eurozone bailout.
2013-04-02
CYPRUS' government spokesman says the country has been granted an extra year, until 2017, to achieve a targeted budget surplus of 4 percent in talks with international lenders for a rescue package.