More details have been revealed about a price fixing case which involves eight international ocean freight shipping companies operating in China. The companies include Japan's NYK Line and "K" Line, and Chile's CSAV. The eight companies ...
Tags: Shipping Companies, Price Fixing
The first Briton on board the International Space Station, Tim Peake, has been giving his initial impressions of space during a news conference. He arrived on the space station just three days ago with two other astronauts, one from Russia ...
China has announced it's setting up a new Strategic Emerging Industry Board to attract domestic innovators to seek funding in Chinese exchanges instead of going abroad. Fang Haixing, a deputy chairman of the China Securities Regulatory ...
Tags: New Board
Profits of China's major industrial firms fell 1.4 percent year on year in November, narrowing from a 4.6-percent decline posted in October, the National Bureau of Statistics (NBS) said on Sunday. Profits at industrial companies with ...
Tags: Industrial Profit, Decline
The latest changes to China's forex market management will increase yuan volatility and boost trading volumes, according to a leading Chinese investment firm. From Jan. 4, closing time for China's interbank foreign exchange market will be ...
Tags: Forex, Trading Volume
It's been reported that online financing and retail investment platform JD Finance, a subsidiary of JD.com, is preparing a 5-billion-yuan Series A funding round with a domestic IPO targeted in 2017. Media reports say the Series A will ...
Tags: Finance Solicits, JD
China's online retail volume is expected to outperform the rest of the world by reaching four trillion yuan (618 billion U.S.dollars) this year, Commerce Minister Gao Hucheng said Sunday. China has attained key targets outlined by the ...
Tags: Online Retail, Volume
The United Arab Emirates (UAE) has signed an agreement with China to set up a clearing hub for the Chinese currency Yuan or Renminbi, local UAE media reported on Sunday. The UAE clearing hub for the Chinese currency, which will satisfy ...
Tags: RMB Clearing Hub
Housing prices in China are expected to grow steadily in 2016, while divergence between bigger and smaller cities will continue, according to a property research organization. Government policy has perhaps helped to ease the housing glut ...
Tags: Property Sector, Mild Growth
Chinese lawmakers on Sunday approved a State Council proposal for stock listing reform at the end of a bimonthly legislative session which began Monday in Beijing. The decision by the National People's Congress Standing Committee will ...
Tags: Stock Listing, Registration-based
Construction of the second unit of a pilot nuclear power project began in Fuqing, southeast China's Fujian Province on Tuesday. The project will use the domestically-developed third generation reactor Hualong One technology. Hualong One ...
For the 60th consecutive year, North American Aerospace Defence Command - or NORAD - is continuing its tradition of giving youngsters the real-time location of Santa Claus on his annual storybook world tour. The hub of the so-called Santa ...
Tags: North American Aerospace, NORAD
In Thailand, A major human trafficking trial has begun at a criminal court in Bangkok. The court's examination of 500 witnesses in the case against 88 suspects is expected to take up to 2 years, which means verdicts will be even further ...
Tags: Human Trafficking Case, trial
Shen Hao, former president of 21st Century Media Co. Ltd., was sentenced to four years in prison on Thursday for blackmailing companies by threatening negative coverage. Shen was convicted of extortion and forced transactions, among other ...
China's latest efforts to stimulate its economy by deepening structural reform will produce rich "dividends" shared within China's borders and across the world. While the effectiveness of traditional demand-side policy support lessens, ...
Tags: Structural Reform, PRO-growth