Buoyant Chinese demand has been a wonderful palliative for western industrial companies in recent years that helped to offset anaemic European and US sales.However, comments from leading industrial co ...
The biggest consumer of Australia's masses of iron ore may no longer be quite so hungry as it was, but that's no reason to fear the billions of dollars BHP Billiton, Rio Tinto and Fortescue Metals are ...
Life for China's bankers used to be very 3, 6, 3. They paid depositors 3% for funds, charged borrowers 6% on loans, and were in the karaoke bar by 3 in the afternoon.Not anymore. The rapid rise of wea ...
Facebook Inc. is widening its lead in the online display-advertising market, just days ahead of an expected filing for an initial public offering.The social network's share of the display ad market -- ...
Hong Kong is bracing for more finance-sector job cuts as Western banks, many of which base their regional operations in this business hub, scale back their Asian expansion amid the fallout from Europe ...
For generations, Chinese men looking for a dose of vigor have sworn by a traditional remedy: fungus harvested from dead caterpillars, known in some quarters these days as Himalayan Viagra.Now Chinese ...
On the outskirts of Beijing in a private club house called Paradise, there is a large, windowless room where Yang Bin displays his collection of modern and contemporary art.'Sit down and get ready,' M ...
China has laid claim to a pillar of German industry after Sany Heavy Industry, the country’s largest construction equipment group, said it would acquire Putzmeister, a Mittelstand company that makes ...
Facebook Inc. is set to unleash massive paydays for venture-capital investors -- including a potential record-breaking $9 billion jackpot for one venture firm.The social network's initial public offer ...
Fresh signs of tension between France and Germany over the eurozone rescue emerged on Friday, as expectations rise that a deal to restructure Greece’s sovereign debt could be agreed as early as this ...
Against a gloomy global economic backdrop, one bright spot for the oil market is Asia.In the first three-quarters of last year, consumption growth in China, Japan and elsewhere in the region more than ...
Longer ago than I like to think back I wrote a book, Capitalism and the Permissive Society, the title of which puzzled some people, as I was in favour of both. Like most books on political economy it ...
At a discussion on how China should invest its foreign-exchange reserves, moderator Rui Chenggang, a TV personality, complained he had been overcharged at a restaurant in Belgium because he is Chinese ...
Japanese companies should take advantage of the strong yen to increase their overseas investments and acquire natural resources, according to the country’s economy minister.While Japanese exporters h ...
Business leaders are “filling their boots”. Second-rate executives are “ripping off” shareholders and consumers. Hefty rewards for failure “make people’s blood boil”. It’s time to throw out “ ...