GO
Loading...

China

More

  • Panasonic withdraws from TV production in China: source Saturday, 31 Jan 2015 | 12:48 AM ET

    TOKYO, Jan 31- Panasonic Corp has stopped making TVs in China and plans to liquidate its joint venture in Shandong, a company source said on Saturday, the latest in a string of Japanese electronics companies exiting overseas TV markets amid strong pricing pressure. The source, who did not want to be identified because the move had not yet been announced to the...

  • Alibaba promises more action against fake goods Friday, 30 Jan 2015 | 11:05 AM ET

    BEIJING— E-commerce giant Alibaba pledged Friday to do more to fight online sales of counterfeit goods, quickly settling a public dispute with a Chinese regulator after the value of its U.S.-traded shares plunged. Alibaba founder Jack Ma and the director of the Cabinet's State Administration of Industry and Commerce met and pledged to cooperate more...

  • China forbids 'Western values' at universities Friday, 30 Jan 2015 | 9:39 AM ET

    China's education minister has vowed that "western values" will never be allowed into the country's classrooms as the Communist party steps up efforts to consolidate autocratic rule.

  • Myanmar opens deep sea port for Chinese oil pipeline Friday, 30 Jan 2015 | 7:03 AM ET

    YANGON, Myanmar— Myanmar has officially opened a deep sea port off its western coast, part of a $2.45 billion port and pipeline project that will carry crude oil from the Middle East to China. CNOC said in a statement on its website that a recently completed pipeline from Kyaukphyu district in Myanmar's Rakhine state to China's Yunnan province will be able to...

  • Jan 30- Alibaba Group Holding Ltd's financial services affiliate is planning an initial public offering that could take place next year, Bloomberg reported. Zhejiang Ant Small& Micro Financial Services Group, which contains Alibaba's Alipay payment processing and financial services arm, has an estimated value of about $50 billion, Bloomberg reported,...

  • BEIJING, Jan 30- China's securities regulator said on Friday it will punish five fund management companies for faulty internal controls that led to insider trading, another move in a Beijing's widening crackdown on Chinese brokerages and fund managers. The China Securities Regulatory Commission named only two of the five: China Asset Management Co Ltd and...

  • BEIJING— About 100 Chinese families of passengers on the missing Malaysian airliner demanded Friday that Malaysian officials retract their statement that all aboard died, saying that without hard evidence they don't want to start compensation claims. Malaysia's government formally declared still-missing Malaysia Airlines Flight 370 an accident on...

  • Hong Kong shares have biggest weekly loss in 7 weeks Friday, 30 Jan 2015 | 3:13 AM ET

    "The depreciation in the yuan will continue to pile pressure on Hong Kong's market as investors are worried about less capital flows to the local market," said Shi Wenbien, analyst at Yuanta Securities in Shanghai, adding the index faces upside resistance as it is trading far above its 250- day average. Among the most actively traded stocks on Hong Kong's main...

  • *Average price seen at 2,400 ringgit vs 2,384 ringgit in 2014. *Expected to rise to 2,525 ringgit/ T in 2016. But the poll generated forecasts ranging from 2,000 ringgit to 2,650 ringgit, indicating mixed views on the outlook for the global economy and over the impact of bad weather on harvests in top growers Malaysia and Indonesia.

  • 'Alibaba is still a great long term story': Pro  Friday, 30 Jan 2015 | 12:07 AM ET

    Jim O'Donnell, Chief Investment Officer of Forward Management, attributes the disappointment over Alibaba's revenues to "expectations getting ahead of themselves."

  • China's new tech rules play to local firms' strengths Thursday, 29 Jan 2015 | 11:59 PM ET

    BEIJING/ SAN FRANCISCO, Jan 30- Draft Chinese government regulation would force technology vendors to meet stringent security tests before they can sell to China's banks, an acceleration of efforts to curb the country's reliance on foreign technology that has drawn a sharp response from U.S. business groups. Western companies say the rules have not yet been...

  • SHANGHAI, Jan 30- China's yuan weakened slightly on Friday, trading within a hair's breadth of lower limit of the official daily trading band, as central bank has limited the yuan's decline against a dollar that has gained sharply against other major currencies. The People's Bank of China set the midpoint rate at 6.137 per dollar prior to market open, weaker than...

  • China stocks fall on margin trading probe, Hong Kong flat Thursday, 29 Jan 2015 | 11:39 PM ET

    SHANGHAI, Jan 30- China stocks resumed their decline on Friday morning, with investment sentiment dampened by fresh investigations into stock margin trading while Hong Kong shares were subdued. "Sectors like finance, banking and insurance which benefited from an increase in margin trading have been particularly affected by the recent inspection," said Wang...

  • Sunac China to buy stake in troubled Kaisa: report Thursday, 29 Jan 2015 | 10:34 PM ET

    Sunac plans to buy a 49.3 percent stake in troubled Chinese developer Kaisa, which recently missed bond coupon payments, Caixin magazine reported.

  • Why this expert prefers equities over bonds  Thursday, 29 Jan 2015 | 10:12 PM ET

    Nicholas Ferres, Investment Director, Global Asset Allocation at Eastspring Investments, says there's limited upside in bond yields and prefers equities in Asia like South Korea and Taiwan.

  • Dollar rally will be here to stay: UBS  Thursday, 29 Jan 2015 | 8:18 PM ET

    Pu Yonghao, Regional CIO for Northern APAC at UBS Wealth Management, says the greenback's upward momentum may continue "for years" on the back of a stronger U.S. economy and loose monetary policies in Europe and Japan.

  • Jan 29- If the political risk of Alibaba isn't enough for you, maybe the very considerable execution risk will be. Alibaba's shares fell more than 12 percent in the two trading sessions since, though they still stand about a third higher than when first offered in September. Alibaba has a good claim to being the stock of the future, but the fact is that the future, at...

  • Simmering tensions over the issue spilled into public view on Wednesday, when U.S. business lobbies urged Beijing to postpone implementing new policies to make China's finance sector more dependent on domestic technology. In a letter to China's Central Leading Group for Cyberspace Affairs, chaired by President Xi Jinping, a group of U.S. business...

  • Commodities tomorrow: Crude hits 6-year low  Thursday, 29 Jan 2015 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil hit 6-year lows today but ended the day up slightly. Nat gas and gold were both down on the day.

  • China's new playground: America's backyard Thursday, 29 Jan 2015 | 3:35 PM ET
    Venezuela's President Nicolas Maduro, right, walks with Chinese President Xi Jinping as they arrive to a welcoming ceremony at the Great Hall of the People on January 7, 2015 in Beijing, China.

    China is moving into the United States' backyard——but it's not clear if its Latin America investments are a negative for American interests.