Don Gimbel, CIO, International at Geneva Investment Management of Chicago, says China's first-quarter GDP data is "reasonably accurate" and reflects ongoing transition in its economy.» Read More
April 16- Fiat Chrysler Automobiles will announce an agreement by the end of April to allow production of Jeep models in China, the head of the Jeep brand, Mike Manley, said on Wednesday.
SHANGHAI, April 17- China's workforce is growing more restive as it shrinks. "This is going to be a very tough year for employers in China," said Lesli Ligorner, Shanghai- based partner at Simmons& Simmons.
BEIJING, April 17- Japanese carmaker Nissan Motor Co is going for a facelift to stand out from the crowd. In an increasingly competitive global market- in China alone there are some 80 automakers battling for sales- Nissan plans to put a V-shaped front grille design on most of its models to give itself a "distinct, unified face", says global design chief Shiro Nakamura.
TOYOTA CITY, Japan/ IRVINE, Calif., April 17- In 1997, Toyota caught its competitors by surprise with the revolutionary Prius, the first commercially successful gasoline-electric hybrid car. Toyota Motor Corp will next year launch a hydrogen-powered car in the United States, Japan and Europe.
BEIJING, April 16- China's economy expanded 7.4 percent between January and March, its slowest pace in 18 months, prompting authorities to act for the second time in as many weeks to shore up growth.
LONDON, April 16- The top names in global mining, gathered in Chile last week, publicly shrugged off concerns that copper financing deals in China, that have locked up mountains of metal, could unravel.
Stephen Roach, Yale School of Management, shares perspective on China's economic reforms.
SHANGHAI, April 16- BTC China, one of the country's leading digital currency exchanges, has installed China's first bitcoin ATM and launched an online app allowing individuals to buy and sell bitcoins using mobile phones, skirting local banking regulations seen as increasingly hostile to so-called crypto-currencies.
China's economy grew an annual 7.4 percent in the first quarter, beating expectations, reports CNBC's Eunice Yoon.
*China plans 6-8 big iron ore miners to rely less on imports. SHANGHAI, April 16- China's bid to slash its dependence on foreign iron ore miners by creating its own mega producers risks running aground before it starts due to high costs and poor quality of ore.
PERTH, Australia— As a robotic submarine dove into the ocean to look for lost Flight 370, angry Chinese relatives stormed out of a teleconference meeting Wednesday to protest the Malaysian government for not addressing them in person.
BEIJING— Since Malaysia Airlines Flight 370 went missing, some lawyers have claimed they can get several millions of dollars in damages for each lost passenger by taking the cases to the United States.
Raymond Yeung, senior economist for Greater China at ANZ, says that all recent data seem to indicate that an earlier-than-expected rebound is underway in China.
FRANKFURT, April 16- Daimler is set to revive Maybach, a brand once coveted by oligarchs, rap stars and royals, to woo a growing class of ultra-wealthy clients in Asia and the United States, a person familiar with the company's plans said.
BEIJING, April 16- China shares closed a touch higher on Wednesday after slightly better-than-expected first-quarter growth data eased worries about a dramatic slowdown in the Chinese economy. The CSI300 of the leading Shanghai and Shenzhen A-share listings rose 0.1 percent.
BEIJING, April 16- China said on Wednesday that it will push forward with reform of its renminbi exchange rate mechanism after the United States criticised Beijing for keeping its currency weak.
April 15- Strong sales volume growth in China helped The Coca-Cola Co beat quarterly revenue estimates as lower-priced, smaller soda bottles and juices attracted more price and health-conscious shoppers in the world's second largest economy.
*Softbank, Yahoo reap the benefits of Alibaba holdings. SYDNEY, April 16- Asian share markets made broad gains on Wednesday after China reported economic growth a touch above forecasts, a relief for investors who had feared a much weaker outcome. "This is likely to be the low point for this year," said Shane Oliver, head of investment strategy at AMP Capital in Sydney.
HONG KONG, April 16- China's yuan held steady against the dollar and traded narrowly on Wednesday, shrugging off the impact of a midpoint at seven-month lows and sluggish economic growth in the first quarter.
Shipbuilder Sainty Marine Corp Ltd on Tuesday became the latest listed firm to report that it had failed to receive principal and interest repayments on a 900 million yuan loan to a property developer. The same day, Qiaqia Food Co Ltd announced that it would launch a lawsuit against another food producer for failing to pay interest on a 40 million yuan loan.