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  • LONDON, May 3- In 1990, an assessment called Project Rainbow paved the way for HSBC to move from Hong Kong to Britain. Project Rainbow assessed HSBC's future base by considering whether it was operationally effective, tax efficient, politically acceptable, consistent with bank regulatory requirements, in the best interests of shareholders and compatible...

  • BEIJING— A pilot said Sunday that he is anxious but excited about flying a solar plane solo from China to Hawaii on the longest leg of the first attempt to fly around the world without a drop of fuel. The 8,175- kilometer flight from Nanjing in eastern China to Hawaii— which may take off Thursday, depending on weather— is the seventh of 12 flights.

  • Siemens unit in China bribery probe - report Sunday, 3 May 2015 | 5:42 AM ET
  • SHANGHAI, May 3- The leader of Taiwan's Nationalist Party will sit down with Chinese President Xi Jinping in Beijing on Monday in the first meeting between the heads of the ruling parties in the two rival states in more than 60 years. Xi, as head of China's ruling Communist Party, will host Taiwan's Chu in the first meeting of its kind since defeated Nationalist...

  • Here, they sit at the vanguard of the Communist Party of China. These rising Communist Party members from across the country have come to the China Executive Leadership Academy Pudong in Shanghai as part of the party's decade-long effort to introduce its own elite to foreign ideas. As China seeks to play a more decisive role on the global stage, such exposure is...

  • Chairman of Taiwan's ruling party visits mainland Sunday, 3 May 2015 | 1:03 AM ET

    SHANGHAI— The chairman of Taiwan's ruling Nationalist party said Sunday that further cooperation between the Chinese mainland and Taiwan was of utmost importance ahead of expected talks with President Xi Jinping as the former bitter enemies continue their 2- decade-old rapprochement. Yu also said the forum could discuss ways for Taiwan to participate...

  • The investigation, which has not previously been reported, follows a wide-reaching probe into the pharmaceutical industry in China that last year saw GlaxoSmithKline Plc fined nearly $500 million for bribing officials to push its medicine sales. "We are not aware of any situation that conforms to what you describe," said Germany- based spokesman Matthias...

  • BAKU, May 2- The Asian Development Bank said on Saturday that it was ready to work with the China-led Asian Infrastructure Investment Bank so long as standards were met, while also announcing changes to boost its own lending capacity by billions of dollars. China has said 57 countries have signed up to become founding members of the AIIB, but so far the United...

  • UPDATE 3-Clashes overshadow start of Milan Expo Friday, 1 May 2015 | 11:25 AM ET

    *Expo 2015 seen as showcase for Italy. Thick clouds of smoke from burning cars filled parts of the centre of Milan as groups of protesters, their faces masked against the fumes, threw stones and faced off against lines of police in riot gear. "Today it is as though Italy is embracing the world," he said at the opening, which featured a fly-past by jets trailing the colours...

  • LONDON, May 1- Copper rose on Friday to its highest since December due to seasonally strong demand and expectations of further economic stimulus measures from top consumer China. Three-month lead on the London Metal Exchange was at $2,120 at 1426 GMT from $2,110 at Thursday's close. Copper hit $6,392, its highest since last December.

  • LONDON, May 1- Copper prices rose on Friday to their highest since December thanks to seasonal demand and hopes for economic stimulus measures in top consumer China. Three-month lead on the London Metal Exchange was untraded in official midday rings but last bid up 1.2 percent to $2,135 a tonne from $2,110. Copper hit a session high $6,375 a tonne.

  • Eric Chu's meeting with Xi, who also heads China's Communist Party, will be the first meeting between the heads of the two parties since defeated Nationalist forces fled to Taiwan at the end of the Chinese civil war in 1949.. China views Taiwan as a renegade province. Most countries, including the United States, do not recognise Taiwan as a nation due to pressure...

  • BEIJING, May 1- Authorities in the southern Chinese city of Guangzhou have raided the local office of online ride-hailing service Uber on suspicion of "unlicensed operation", seizing a number of mobile phones, the official Xinhua news agency said on Friday. A representative for Uber in China could not immediately be reached for comment by telephone and an email...

  • BEIJING— Police in southern China raided the office of U.S. car-hailing app Uber after the Chinese government in January banned drivers of private cars from offering such services through apps. It said police seized thousands of iPhones and other equipment used to run the business in the Thursday night raid in the city of Guangzhou. Uber said in a statement...

  • Survey: China factory activity barely growing Friday, 1 May 2015 | 5:54 AM ET

    BEIJING— Manufacturing in China barely grew in April, continuing sluggish recent performance in the world's second biggest economy. Data compiled by the country's National Bureau of Statistics and the China Federation of Logistics and Purchasing showed Friday that the manufacturing purchasing managers' index came in at 50.1 in April, the same level as in...

  • LONDON, May 1- A holiday in most of Europe on Friday thinned trade after a tumultuous week which has seen the dollar collapse in value, bond yields soar and stock markets in Europe and the United States weaken. All major European markets except London, its biggest, were closed on Friday, but the euro was up another 0.3 percent to a two-month high of $1.1270.

  • *China's official PMI shows manufacturing sector barely grew. TOKYO, May 1- An index of Asian shares recovered from session lows but struggled to stay positive on Friday after weak corporate earnings dented Wall Street, while the dollar clawed back some losses after suffering its worst monthly performance in four years against a basket of six major currencies.

  • *April official factory PMI unchanged from March at 50.1. BEIJING, May 1- China's factories struggled to grow in April as domestic and export demand remained weak, reinforcing expectations that Beijing will roll out more measures to support the slowing economy. "Since the current slowdown is in large part a consequence of the slow-moving property market...

  • April 30- Solar panel makers SunPower Corp and First Solar Inc reported a quarterly loss, compared with a year-earlier profit, as they sold fewer power plants ahead of a spinoff of some of their assets into a joint public entity. SunPower and First Solar said in February that they would spin off some of their power plants into a limited partnership called 8 point3...

  • Commodities tomorrow: Crude closes in on $60   Thursday, 30 Apr 2015 | 4:00 PM ET
    Commodities tomorrow: Crude closes in on $60

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude was up again today. Traders say oil seems to be stabilizing around $60, and could hit $70 by the end of the year.