Search Results for: China
Execs of Credit Suisse’s China partner summoned
January 7th, 2015
The parent of Founder Securities, Credit Suisse AG‘s brokerage venture partner in China, said four of its executives were ordered to cooperate with an official investigation, stirring concerns as a dispute heats up with a major shareholder. Neither Founder ...
China’s Hopu Among Investors in Xiaomi
December 22nd, 2014
Chinese private-equity firm Hopu Investment Management Co. is among the consortium of investors putting a total of just over $1 billion into Xiaomi Corp. in a deal valuing the smartphone maker at over $45 billion, according to a person ...
China foreign direct investment jumps 22%
December 16th, 2014
China attracted $10.36 billion worth of foreign direct investment in November, up 22.2% from a year earlier, the Ministry of Commerce said in a statement Tuesday. The figure was also up from October’s $8.53 billion, which was 1.3% higher ...
Wal-Mart used questionable accounting, sales practices in China: report
December 11th, 2014
Wal-Mart Stores Inc.’s WMT, -0.69% retail business in China has been made to look better than it is, due to “questionable accounting and unauthorized sales practices,” Bloomberg News said in a report that published Wednesday. Citing internal documents and ...
Proposal To Form China’s First Bitcoin Advocacy Group To Test Government Attitude
December 10th, 2014
Established in 2012, the Bitcoin Foundation has quite a few titles – It is a “top trade organization”, an “unofficial organisation to represent the interests of Bitcoin”, a Bitcoin “lobbying group” and “one of the world’s leading advocacy groups ...
Dollar Gauge at Five-Year High as Kiwi, Aussie Decline on China
December 8th, 2014
A gauge of the dollar headed for its highest close in more than five years after China said imports unexpectedly fell in November, underpinning demand for the currency of the U.S. where growth is beating forecasts. The dollar rose ...
Euro zone risks return to contraction, China outlook smoggy
December 4th, 2014
The euro zone economy may face another contraction after business activity grew less than expected in November, although although Asian readings were more upbeat, while U.S. data was mixed in global surveys published on Wednesday. Firms across the euro ...
Toyota to recall 190,000 cars in Japan, China over Takata air bags
December 4th, 2014
Toyota Motor Corp (7203.T) said on Thursday it would call back 190,000 more vehicles, mostly in Japan, to replace potentially defective air bags made by Takata Corp (7312.T), the latest in a long line of recalls for the embattled auto ...
China’s Stocks Head for Biggest Weekly Gain in Three Years
November 28th, 2014
China’s benchmark stock index headed for its biggest weekly advance in three years on optimism a slide in oil prices will reduce costs for transport companies and the central bank may continue to loosen monetary policy. China Everbright Bank ...
China Mobile’s 4G Explosive Growth Is Positive For Apple
November 27th, 2014
China Mobile ’s 4G user base is experiencing explosive growth. February of this year was the first month that it supported the faster technology (a month after it started to officially support Apple AAPL +1.18%’s iPhone 5c and 5s) and it signed up ...
