CHINA TOPIX

11/02/2024 09:40:08 am

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business news

American companies have accused President Xi's government of tilting the business environment in China in favor of local companies

US Companies Accuse China of Protectionism

An annual survey of business conditions in China conducted by the American Chamber of Commerce, or AmCham, found that 4 out of 5 companies feel less welcome in China than before

Disney sees market in China

Walt Disney Hopes for a Fairy Tale in China

Walt Disney’s chief executive has hailed China’s "incredible potential." Speaking during this week’s opening of Shanghai Disneyland, Bob Iger said the brand gives the entertainment Monolith a chance to boost its image in the world’s biggest film market.

China to strengthen ties With Bangladesh

China Agrees to Strengthen Ties With Bangladesh

China has agreed to deepen its bilateral cooperation with Bangladesh. The decision was made during a meeting between visiting Chinese Defense Minister Chang Wanquan and Bangladesh Prime Minister Sheikh Hasina.

Corporate debts impacts Chinese economy

Bad Loans Arise as China Struggles with Slow Economy

China's corporate debt surged profoundly prior to the lending and spending bout prompted by the Chinese government in an attempt to keep the Chinese economy bustling. Underlining the deceleration, China said on Friday that the growth fell to 6.7 percent in the first three months of the year.

Yahoo and BrightRoll

Yahoo Buys BrightRoll For $640 Million

Yahoo has bought advertising platform BrightRoll for $640 million, making BrightRoll the second most expensive acquisitions behind Tumblr, which the company bought for $1 billion last year.

converse

Converse Sues 31 Companies Over Trademark Infringement

Converse filed a lawsuit Tuesday against 31 companies, including K-Mart and Wal-Mart, over their sales of fake Chuck Taylor shoes.

Chinese Yuan

China Suspends New Bond Sales Amid Corruption Crackdown

China has temporarily suspended its plan to review new bond issues to slow bond sales amid the expansion of the anti-corruption campaign in the country, Nasdaq reported Wednesday.

Toyota Motor Corp

Toyota Recalls 1.7 Million Vehicles Over Several Issues

Toyota announced Wednesday that it is recalling 1.75 million cars worldwide due to brake problems and issues with its fuel component system.

Lobby of the Waldorf Astoria

U.S. Reviews Sale of Waldorf Astoria to Chinese Company

The U.S. government is reviewing the sale of the Waldorf Astoria to a Chinese firm amid concerns about possible security risks.

Harvard

Harvard Endowment Bigger Than Half the World's Economies

Harvard University's endowment reported a 15.4 percent investment gain for the fiscal year 2014, which brought the endowment assets to US$36. 4 billion, the largest reported in the country's universities.

SEARS

Sears Lets Shoppers Make Returns, Exchanges Without Leaving the Car

Sears recently added a new service where shoppers can make in-store returns and exchanges, without leaving their car.

Matthew Martoma

Former SAC Capital Trader Sentenced to 9 Years in Prison

Matthew Martoma, a former portfolio manager at SAC Capitol Advisors, was sentenced to nine years in prison on Monday for insider trading.

Japan Export Bounce Could Offset Slump in Consumer Spending, Data Says

There is a bright future in the horizon for Japan as the country posted an increase in its export data for the first time in three months.

Analysts: Flourishing Asian Market Huge Draw For Global Investors

Global investors are taking advantage of the healthy Asian stock and bond markets, financial analysts reported.

Japanese Companies Still Looking to Invest in China

Despite an apparent decrease of Japanese investment in China, the chamber assesses that Japanese companies are still considering China as a viable ground to expand their business.

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