The Atlantic reports: One visible sign of China's recent economic growth is the rise in prominence of inventors and entrepreneurs. For years now, Chinese farmers, engineers, and businessmen have taken on ambitious do-it-yourself projects, constructing homemade submarines, helicopters, robots, safety…
A deprived part of London stands to benefit if a £1bn deal to turn the Royal Albert Dock area into an Asian commercial cluster bears fruit
3D technologies company RealD Inc. has signed a deal to expand its technologies across 50 more theaters in China. RealD and Zhejiang Xingguang Cinema Circuit announced an agreement to equip 50 auditoriums across the Zhejiang Xingguang Cinema Circuit wi…
ALIBABA, China's largest e-commerce company, is entering the growing digital mapping business by paying US$294 million for a 28 percent stake in AutoNavi Holdings Ltd.
JACK Ma, founder of China's largest e-commerce company Alibaba Group and one of the country's most charismatic bosses, was in fine voice yesterday as he officially stepped down as chief executive officer.
A TRIAL of China's first free trade zone will be launched in Shanghai's Pudong New Area as early as the end of this year, Shanghai Customs said yesterday.
New York-headquartered Avenue Capital is asking the Grand Court of the Cayman Islands to dissolve the Chinese test prep and training school operator, Ambow Education, as a result of an investment that has gone terribly wrong. Founded by Mark Lasry and Sonia Gardner, Avenue Capital is a private equity and hedge fund investment firm managing […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
SHANGHAI stocks advanced yesterday amid rising hopes of improvement in market liquidity after regulators resumed approval of quotas for overseas institutions to invest in the domestic equity market in yuan.
Activist investor Carl Icahn and Southeastern Asset Management Inc, two of Dell Inc's biggest shareholders, have proposed an alternative to a US$24.4 billion buyout deal led by founder Michael Dell.
HONG Kong's economy grew slightly in the first quarter as the trade-dependent Asian financial center was held back by an unsteady global demand.
IRREGULARITIES involving billions of yuan were found in a review of 2011 revenue and expenditure at 10 state-owned companies and three banks by China's top auditor.
BANKS in China extended 792.9 billion yuan (US$128 billion) in yuan-backed loans in April, while M2, the broad measure of money supply, grew 16.1 percent, faster than the official 13 percent annual target, central bank data showed yesterday.
Workers load containers onto a cargo ship at a pier in Tokyo yesterday. The Japanese government has announced that the country's current account surplus for the fiscal year to March plunged 43.6 percent to a record-low of 4.29 trillion yen (US$42.6 bil…