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Alibaba launches smartphone: Alibaba Group launched its first self-developed mobile operating system and smartphone on Thursday in a bid to capture a slice of China's rapidly growing mobile Internet market. The smartphone, K-Touch Cloud Smartphone, will be launched at the end of July and will use Alibaba's ...

China's Yuan Weakens to 6.4438 Against USD: The Chinese currency Renminbi, or the yuan, weakened 12 basis points to 6.4438 per U.S. dollar on Thursday, according to the China Foreign Exchange Trading system. The yuan hits a record high of 6.4426 per U.S. dollar on Wednesday. In China's foreign exchange spot market, the ...

Baidu to boost support for Qiyi: Baidu Inc, China's biggest search engine, will deepen investment in its online video arm Qiyi.com Inc, in a move to fuel future growth outside its core search business. "Between Baidu and our investment partners, we plan to continue to support the company (Qiyi), and a cash ...

Baidu to boost support for Qiyi: Baidu Inc, China's biggest search engine, will deepen investment in its online video arm Qiyi.com Inc, in a move to fuel future growth outside its core search business. "Between Baidu and our investment partners, we plan to continue to support the company (Qiyi), and a cash ...

SEC to Impose Reporting Requirements on Large Traders: The U.S. Securities and Exchange Commission (SEC) agreed Tuesday to adopt a new rule to establish large trader reporting requirements, in a bid to further regulate the market. Under the new rule, large traders are required to register with SEC, which will then assign each trader ...

China's Yuan Hits Record High of 6.4470 Against USD: The Chinese currency Renminbi, or the yuan, gained 33 basis points to 6.4470 per U.S. dollar on Tuesday, the highest since China started the exchange rate reform six years ago, according to the China Foreign Exchange Trading system. In China's foreign exchange spot market, the ...

Pre-IPO image polishing needed: Chinese companies listing overseas are expected to seek to improve their image to shake off the credibility crisis they face in the United States stock market, say analysts. Three Chinese companies, Longtop Financial Technologies Ltd, ShengdaTech, and China MediaExpress, have ...

Chinese shares tumble after train crash: Chinese shares tumbled on Monday, the first trading day following a deadly train collision in the eastern province of Zhejiang, which left at least 38 people dead and 192 others injured. The benchmark Shanghai Composite Index dropped 2.96 percent to close at 2,688.75. The ...

Dow Gets Weekly Gain on Strong Corporate Earnings: Strong corporate earnings from bule-chips such as Apple Inc., Coca-Cola Co. and IBM Corp. helped send the Wall Street higher this week. On Friday, the Dow Jones industrial lost 43.25 points, or 0.34 percent, to close at 12,681.16, but the index still gained 1.6 percent for the ...

China stock index futures close mixed Friday: China's stock index futures closed mixed on Friday with the contract for August, the most actively traded, down 0.03 percent from the previous day to 3,075 points. The September contract closed up 0.03 percent to 3,088.2 points. The December contract gained 0.06 percent to 3,133, ...

BHP Profits Expected to Record AUD 20 billion: The world's largest miner, BHP Billiton Limited, is set to announce a record 20 billion Australian dollars (21.6 billion U.S. dollars) profit, Despite signaling an expected downturn, the mining powerhouse is on track to break all Australian records for an Australian annual ...

China's yuan advances to 6.4495 against dollar: The Chinese currency Renminbi, or the yuan, gained 41 basis points to 6.4495 per U.S. dollar on Friday, the highest since China started the exchange rate reform six years ago, according to the China Foreign Exchange Trading system. In China's foreign exchange spot market, the ...

China's yuan advances to 6.4536 against dollar Thursday: The Chinese currency Renminbi, or the yuan, gained 56 basis points to 6.4536 per U.S. dollar on Thursday, the highest since China started the exchange rate reform six years ago, according to the China Foreign Exchange Trading system. In China's foreign exchange spot market, the ...

Muddy waters spark more business: Chinese ancient wisdom says muddy waters make it easier to catch fish, and centuries later, probably nobody understands the Oriental proverb more than American Carson Block. The 34-year-old graduate of the University of Southern California runs investment research firm Muddy ...

Xunlei postpones initial public offering: Xunlei, a leading consumer internet platform for digital media in China, announced Wednesday it had postponed its initial public offering (IPO) on the NASDAQ Global Select Market. The company, which was scheduled to go public on July 20, said in a statement it decided to postpone ...

Zhejiang's SMEs quickening pace of stock listings: Private enterprises in Zhejiang province, especially small and mid-sized enterprises (SMEs), are speeding up their migration to listed status, said Ernst &Young (E&Y), a leading global tax and transaction service provider. According to data released by E&Y on Thursday, there are ...

China stock index futures close lower: China's stock index futures closed lower on Wednesday with the contract for August, the most actively traded, down 0.45 percent from the previous day to 3,095.2 points. The September contract closed down 0.42 percent to 3,108.4 points. The December contract fell 0.44 percent to 3...

Wall Street Drops on Debt Limit Concerns: U.S. stocks slipped and ended lower on Wednesday after a morning rally as U.S. debt limit issue outweighed strong earnings from Apple. Wednesday's drop came after the Dow jumped 202 points, its best day this year and the Nasdaq surged over 2 percent, the best performance in ...

HK's total exports volume rises 2.7% in May: The volume of total exports of goods rose 2.7 percent in Hong Kong in May from a year ago, the city's statistic department said here on Tuesday, while the volume of imports of goods increased 5.1 percent from a year earlier. For the first five months in 2011, Hong Kong's total ...

China's stocks fall for second day Tuesday: Chinese shares fell for the second consecutive day Tuesday with the benchmark Shanghai Composite Index down 0.70 percent, or 19.71 points, to close at 2,796.98. The Shenzhen Component Index fell 0.87 percent, or 109.09 points, to finish at 12,381.46.

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China slams Japan's NHK governor's denial of Nanjing massacre: BEIJING, Feb. 5 (Xinhua) -- China on Wednesday slammed the remarks of ...

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world

finance

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Chinese leader calls for more marine power: Chinese Vice Premier Zhang Gaoli Sunday called for research in polar ...

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trade

sports

Fourteen countries expected to compete in Cuba's wrestling tourney: Some 14 countries and regions are expected to compete in the 45th ...

Yao's gift of sport for all: Chinese NBA player Yao Ming teaches a boy with special needs how to ...

Stars 'Big Three' fall short of title in 1st year: Miami Heat's LeBron James (R) stands with teammates Chris Bosh (C) and ...

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