market

China's Sina Corp will launch an English version of its microblog, Weibo, by the end of the year for overseas users. The development of the Internet over the past 20 years has not only changed the way most people live their lives, but has also provided a plethora of new platforms ...
A Porsche car weaves its way through pedestrian traffic in a hutong neighborhood in Beijing. The number of millionaires in China grew by 12 percent to 534,500 last year. [Photo / Bloomberg] Zurich - Millionaires in the Asia-Pacific region overtook Europe in terms of population ...
Wang Wei, CEO of Tudou, a Chinese online-video site. Tudou CEO settles divorce suit 700 Chinese online video Web site Tudou has cleared the way for its listing on the U.S. market after its CEO Wang Wei agreed to pay his ex-wife US$7 million in cash to settle a divorce lawsuit. ...
A Sany Heavy Industry Co booth at an expo in Guangzhou, Guangdong province. The company's shares rose 3.3 percent to 17.67 yuan ($2.73) on Thursday, the highest since May 11. [Photo / China Daily] Coal and material makers, notably in cement, among biggest gainers SHANGHAI - ...
A Samsonite International SA's retail store in Hong Kong. Stock prices of the US-based luggage maker have fallen 11 percent on its initial public offering debut in Hong Kong on June 16. [Photo / Bloomberg] Companies have to cut valuations to lure in worried investors: Analyst ...
Follow the stock market. Get the updates you need to make sense of the dynamic, global economy. China.org.cn brings you the economic highlights for this week . 1. Rare earth exports down in first five months of year China's rare earth exports declined by 8.8 percent year-on-year ...
Sale would help it meet new reserve requirement international standards SHANGHAI - Bank of America Corp may sell some of its $21 billion stake in China Construction Bank Corp (CCB) to bolster capital before new international standards take effect, said three people briefed on the ...
360buy.co's booth at an exhibition in Beijing. The online retailer's annual revenue hit 10.2 billion yuan last year. [Photo: China Daily] When Miao Zhipeng, who works for a Beijing State-owned enterprise, moved into his new apartment of the North Fourth Ring Road, he bought all ...
Chinese digital media company Xunlei Limited may postpone its plan for initial public offering (IPO) on Nasdaq due to a weak market. [China.org.cn] Just a couple of months ago the debate was still open as to whether there was a bubble in US-listed Chinese Internet stocks. Today, ...
Maintenance service being conducted at an auto after-sales store in Nanjing. [Photo: China Daily] The growing number of car owners in China is proving to be a big attraction to the after-sales market in the almost two years since sales boomed. Observers expect a surge in demand ...
Chinese companies have raised 144.8 billion yuan in funds through listing so far this year. A total of 157 Chinese companies have listed through initial public offerings (IPOs) so far this year, raising 144.8 billion yuan in funds, according to statistics provided by Wind ...
A Prada store in Hong Kong. The fashion company is trying to raise up to $2.6 billion through a Hong Kong initial public offering. [China Daily] Italian fashion house Prada SpA, which is seeking to raise up to $2.6 billion through a Hong Kong initial public offering, has ...
Follow the stock market. Get the updates you need to make sense of the dynamic, global economy. China.org.cn brings you the economic highlights for this week: China plans to consolidate the country's rare earth production. 1) Top 3 rare earth firms to be named The Chinese ...
A Prada store in Hong Kong. The fashion company is trying to raise up to $2.6 billion through a Hong Kong initial public offering. Provided to China Daily Italian luxury goods maker sees five times demand for public offering HONG KONG - Italian fashion house Prada SpA, which is ...
About 2.04 billion non-tradable A-shares of 22 listed companies will be unlocked this week and become available for trading starting Monday, according to the Shanghai and Shenzhen stock exchanges. The market value of the unlocked shares stood at 19.29 billion yuan (2.97 billion U...
Ma Weihua, president and CEO of China Merchants Bank Co Ltd TIANJIN - While small and medium-sized enterprises (SMEs) are experiencing difficulty borrowing money from commercial banks, China Merchants Bank Co Ltd is cooperating with private-equity (PE) companies to help alleviate ...
Skyscrapers in the Lujiazui financial district in Shanghai, the fist city to release a qualified foreign limited partner policy. [Photo/Agencies] BEIJING - Concerns about the inflow of so-called hot money are being raised about Shanghai's pilot scheme allowing qualified foreign ...
Gaopeng's webpage magnified. Group-buying websites started springing up in China in March 2010 and the number of operators had jumped to 1,880 by the end of last year. [Photo/China Daily] BEIJING - The Chinese joint venture of Groupon Inc has a gross profit margin higher than the ...
US Federal Reserve Chairman Ben Bernanke speaking recently at Georgetown University in Washington. Bernanke sent out a strong signal on Tuesday that the Fed is not planning to change its monetary policy despite weaker economic data. [Photo: Agencies] A survey by the Federal ...
Follow the stock market. Get the updates you need to make sense of the dynamic, global economy. China.org.cn brings you the economic highlights for this week: Chinese Premier Wen Jiabao (R front) waters a corn field in Yangwan Village, Hongshanzui Town of Xiangyang City in ...
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China slams Japan's NHK governor's denial of Nanjing massacre
China slams Japan's NHK governor's denial of Nanjing massacre
BEIJING, Feb. 5 (Xinhua) -- China on Wednesday slammed the remarks of ...
Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China's reform leading group holds first meeting
China's reform leading group holds first meeting
BEIJING, Jan. 22 (Xinhua) -- China's leading group for overall reform ...
Reforms to fuel Shanghai's growth in 2014
Reforms to fuel Shanghai's growth in 2014
BEIJING, Jan. 27 (Xinhuanet) -- Shanghai's financial sector grew 13.7 ...
Economist sees world economy strengthening in 2014
Economist sees world economy strengthening in 2014
NEW YORK, Jan. 24 (Xinhua) -- Global economy is likely to gain ...
Xinhua Feature: World's political, business leaders gather in Davos for WEF
Xinhua Feature: World's political, business leaders gather in Davos for WEF
DAVOS, Switzerland, Jan. 22 (Xinhua) -- The snow-covered Swiss town of ...
Chinese leader calls for more marine power
Chinese leader calls for more marine power
Chinese Vice Premier Zhang Gaoli Sunday called for research in polar ...
Court rejects Apple lawsuit over iPad name
Court rejects Apple lawsuit over iPad name
Shenzhen Municipal Intermediate People's Court has rejected a lawsuit ...
Super car club in commercial drive
Super car club in commercial drive
On the night of Nov 11, more than 150 super cars were driven into the ...
Fourteen countries expected to compete in Cuba's wrestling tourney
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
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
Stars 'Big Three' fall short of title in 1st year
Miami Heat's LeBron James (R) stands with teammates Chris Bosh (C) and ...