12/23/2024 09:06:43 am
12/23/2024 09:06:43 am
Girish Shetti | Aug 02, 2016 09:45 AM EDT
Fosun Group, a Chinese firm known for its acquisition spree, is set to part away with some of its assets worth 40 billion Yuan ($6 billion) in a bid to improve its credit rating. read more
Som Patidar | Aug 02, 2016 09:38 AM EDT
Lenovo is planning a major expansion in India.The Lenovo-Motorola partnership is looking to increase its sales in the country. The company has sought the Indian government's approval to open single brand retail outlets to increase its sales in the country. read more
Marcel Woo | Aug 02, 2016 01:22 AM EDT
The Chinese government is set to grant more banking licenses to those who want to operate banks in the country, after initially awarding five private banks with licenses last year. read more
Anshu Shrivastava | Aug 02, 2016 08:20 AM EDT
China's manufacturing sector reported a slight contraction last month. Torrential rains and floods affected economic activity across a major part of the country in July, and as a result, the manufacturing sector saw a slight drop. read more
Girish Shetti | Aug 02, 2016 09:10 AM EDT
Britain's supermarket giant Sainsbury's said on Monday that it would widen the presence of its products on Alibaba's international e-commerce website Tmall. read more
Marcel Woo | Aug 01, 2016 09:14 AM EDT
New regulations in China's fund management industry have resulted to the shutting down of at least 10,000 private wealth management firms in the country in the past six months. read more
Charissa Echavez | Aug 01, 2016 10:02 AM EDT
China's private conglomerate Fosun has made an offer to buy a 16.7 percent stake in Millennium Banco Comercial Portugues (BCP), Portugal's largest private bank, which it may increase to 30 percent, according to BCP. read more
Charissa Echavez | Jul 31, 2016 01:46 PM EDT
An affiliate of the China Horse Club has signed an agreement with the St. Lucia's government to build a $2.6 billion resort on the Caribbean island to attract Chinese tourists and investors. read more
Charissa Echavez | Jul 31, 2016 01:38 PM EDT
A Chinese consortium including game developer Shanghai Giant Network Technology Co Ltd and e-commerce giant Alibaba Group Holding Ltd. founder Jack Ma has agreed to buy Playtika, the social casino game firm owned by Caesars Interactive Entertainment Inc for $4.4 billion. read more
Charissa Echavez | Jul 31, 2016 01:35 PM EDT
Hyatt Regency Brand continues to expand in China with the opening of its new hotel in Xi'an, the capital of Shaanxi province in northwest China. read more
Marcel Woo | Jul 31, 2016 08:58 AM EDT
Unfavorable returns on investments pushed China's insurance industry to 54 percent earnings slide for the first six months of the year, according to the China Insurance Regulatory Commission (CIRC). read more
Girish Shetti | Jul 30, 2016 01:22 PM EDT
China has criticized the European Union's (EU) new anti-dumping tariff imposed on steel from Chia as "unjustifiable" and "unfair." read more
Girish Shetti | Jul 30, 2016 01:28 PM EDT
Britain's new Prime Minister Theresa May has decided to postpone the long-delayed Hinkley nuclear power project until the autumn season. read more
Girish Shetti | Jul 29, 2016 01:59 PM EDT
France's insurance major AXA has forged a strategic partnership with Chinese e-commerce giant Alibaba in a bid to expand its presence in the Chinese market. read more
Girish Shetti | Jul 30, 2016 12:40 PM EDT
China's search engine giant Baidu Inc. has reported the steepest fall in its profit since going public 11 years ago. read more
Due to the coronavirus, people around the world have canceled their travel plans. Governments and health officials have warned the public to avoid boarding cruise ships and long flights. read more
