A divided US Federal Reserve began a two-day meeting on interest rate policy yesterday, as bitterly contested US elections loomed large on the horizon. Most observers and market players do not expect the Federal Open…
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China consolidates its position as world leader in business travel, new trends on the horizon
CHINA is an unstoppable force in the travel industry – a heavyweight whose appetite for travel is seemingly unending. From May to July this year alone, over 18 million mainland Chinese – roughly the entire…
Bombardier expands business jet service on three continents
said at a news conference at the National Business Aviation Association conference. Bombardier will open a service facilities in Tianjin, China, and Biggin Hill Airport, outside London, early next year. The company also will triple…
China, Germany vow to facilitate trade, investment
BEIJING – China and Germany on Tuesday vowed to create a better environment for mutual investment and trade. The remarks were made during a meeting between Chinese Premier Li Keqiang and German Vice Chancellor Sigmar…
China services sector grows at fastest pace in four months in October – Caixin PMI
BEIJING China’s services sector grew at the strongest pace in four months in October as new business picked up, encouraging companies to hire more workers, a private survey showed. The figures were first reported by…
The Sydney-based business helping Australian brands unlock China’s online market
A Sydney-based business that helps Australian brands break through China’s online barriers to expose Aussie brands to the Chinese market has claimed top honours at the 2016 Sydney City Business Awards. Johnny Wong is the…
China Shares Rise, Service Sector Grows
China stocks rose after a private survey showed more signs of economic stability on Thursday, with sentiment also spurred by the upcoming Shenzhen-Hong Kong Stock Connect scheme. Continue Reading Below The blue-chip CSI300 index rose…
French water group Suez restructures China business to boost growth prospects -CEO
PARIS, Nov 2 French waste and water group Suez is restructuring its businesses in China to put it in a better position to win market share, its chief executive said. Suez said on Wednesday it…
China Unicom, Baidu Agree to Collaborate Amid Ownership Reform
China United Network Communications and Baidu Inc. agreed to collaborate on areas ranging from mobile internet to artificial intelligence amid government plans for ownership reform of state-owned enterprises. China United Network, the state-owned parent of…
China's Central Bank Has New Tools to Cool Frothy Money Markets
While you wait for the next interest-rate increase in the world’s largest economy, policy has quietly tightened in the second-biggest: China. The People’s Bank of China has allowed a steady increase in money market rates…
China gives first glimpse of its J-20 stealth fighter jet, but how does it compare?
Two minutes later one blasted vertically into the sky and the jets were gone. Developing the sophistication of its aviation technology is a crucial part of China’s push to become a leading military power but…
China Construction Bank gets Malaysian banking licence
PETALING JAYA: China Construction Bank Corp (CCB), ranked as the world’s second-largest bank, has been granted a Malaysian commercial bank licence by the Minister of Finance. Bank Negara said the banking giant’s unit, China Construction…
China's Geely, Volvo beef up strategy with new brand
It’s part of Volvo Cars’ efforts to step up competition with other luxury car brands both globally and within China, the world’s No. 1 auto market, after it was bought by Zhejiang Geely Holdings in…