Tag: business

BEIJING, China - China's consumption of coal fell in 2016 for a third year in a row, official data showed Tuesday, as the world's top polluter increasingly grapples with its massive pollution challenges. The National Bureau of Statistics said coal ... ( read original story ...)

M2 and social financing are two mirrors of Chinese money supply and each measurement reflects different aspects of the money flow. Three items, namely trust loans, entrust loans, and Banker's Acceptance Bills, comprising social financing reflect the shadow ... ( read original story ...)

China Mobile retained its ranking this year as the world’s third most valuable telecommunications brand, behind US network operators AT&T and Verizon Communications. Hong Kong-listed China Mobile, the world’s largest wireless network operator, had a ... ( read original story ...)

BEIJING, China - More than 800 people have been arrested in a crackdown on unlicensed banking operations as Beijing tries to stem outflows of money from the country, the police ministry says. More than 380 underground banks that handled transactions ... ( read original story ...)

BEIJING • China will focus on the stable development of its capital markets this year, but will press ahead to further open its markets to foreign companies, the top securities regulator said yesterday. "We will not waver from reforms to make China's ... ( read original story ...)

Two of the biggest global banks, HSBC and Citigroup, announced they are under investigation by the U.S. Securities and Exchange Commission (SEC) for candidate hiring practices. It’s believed that the investigations focus on the banks’ hiring of so ... ( read original story ...)

Insurer AIA Group (1299.Hong Kong) has seen spectacular business opportunities in China, growing its new businesses there by 41% annually since 2010. Last year, AIA managed to grow the value of new business, a metric used in the insurance industry to ... ( read original story ...)

China has seen rapid growth in its research and development ... Other Chinese companies involved in automation business may also be worth some attention, including Shanghai-listed Shanghai Baosight Software, WuXi Xinje Electric, and Shenzhen-listed ... ( read original story ...)

BAODING, China -- Chinese state-run energy giant Sinopec has drilled hundreds of wells across the country without finding a single drop of oil. But that was precisely the point: instead of black gold, the almost mile deep holes are providing clean heat for ... ( read original story ...)

Sy family-led China Banking Corp. grew net profit last year by 15 percent to P6.45 billion on higher interest earnings, fee-based revenues and treasury gains. Reporting sustained growth in core businesses across all market segments, China Bank disclosed to ... ( read original story ...)