The overwhelming victory of the Indian National Congress in elections in the southern state of Karnataka in early May has shaken up the country’s political scene. While India’s scandal-ridden ruling party had appeared headed for certain defeat in the next general election, which must be held by May 2014, now all bets are off.

Chinese pharmaceutical and healthcare products provider China Jo-Jo Drugstores Inc. was notified last week that it may soon be delisted. Nasdaq notified the company of its failure to maintain a minimum closing bid price of USD1.00 over the then precedi…

Hong Kong Customs raided a warehouse in Tsuen Wan and stopped a local Internet website from selling counterfeit products to overseas buyers. The operation earlier this month resulted in the arrest of an unnamed man and an unnamed woman, both aged 37, a…

Retail sales and industrial output in China rose in April but not by enough to dispel concerns that growth in the second-largest economy is slowing

PURCHASES of new homes rebounded in Shanghai last week with mid to low-end houses registering robust sales.

PURCHASES of new homes rebounded in Shanghai last week with mid to low-end houses registering robust sales.

THE value of new home purchases in China rose at a slower pace in the first four months of the year as home seekers' anxiety started to ease following a hectic March.

THE value of new home purchases in China rose at a slower pace in the first four months of the year as home seekers' anxiety started to ease following a hectic March.

MOBILE phone sales in China surged 40 percent year-on-year in the first quarter, thanks to the popularity of low-cost smartphones and subsidies and new services from carriers, China's industry regulator said.

MOBILE phone sales in China surged 40 percent year-on-year in the first quarter, thanks to the popularity of low-cost smartphones and subsidies and new services from carriers, China's industry regulator said.

CHINA'S economic performance improved in April compared to March with quickening growth in industrial production and retail sales, according to the National Bureau of Statistics.

CHINA'S economic performance improved in April compared to March with quickening growth in industrial production and retail sales, according to the National Bureau of Statistics.

Major Chinese banks have stopped dealing with North Korea in a sign that Beijing may be seeking to distance itself from its close neighbour

SHANGHAI stocks declined today after statistics pointed to the fragile recovery of the world's second largest economy.

SHANGHAI stocks declined today after statistics pointed to the fragile recovery of the world's second largest economy.

SHANGHAI stocks traded lower this morning, dragged by gold producers and financial firms. The Shanghai Composite Index shed 4.76 points, 0.21 percent, to 2,242.07 points. Turnover was 44.5 billion yuan (US$7.2 billion) by midday.

SHANGHAI stocks traded lower this morning, dragged by gold producers and financial firms. The Shanghai Composite Index shed 4.76 points, 0.21 percent, to 2,242.07 points. Turnover was 44.5 billion yuan (US$7.2 billion) by midday.

The International Finance Corporation (IFC) is considering a $20 million investment in New Hope Agriculture and Food Fund, according to a statement on IFC's website. New Hope Agriculture and Food Fund is a private equity fund focused on making equity investments in private companies within the agriculture and food sector in China. The Fund will […]

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.