Corporate News

Chinese stock regulators levy $870M fine in scandal

Mar 14, 2018

Chinese regulators have fined a company a record $870 million for manipulating stock prices in the latest scandal to roil the country's financial markets

China shrinks steel industry slowly, drawing Western ire

Mar 13, 2018

China has closed some of its steel mills but is moving too gradually to defuse American and European anger at a flood of low-cost exports that is double the volume of second-place Japan

China shrinking steel industry, but too slowly for West

Mar 12, 2018

China's steel mills, a target of U.S. President Donald Trump's ire, are the 800-pound gorilla of their industry: They make half the world's supply, so any change in prices and output affects everyone

India, France to work for Indian Ocean freedom of navigation

Mar 10, 2018

India and France have pledged to work together to ensure freedom of navigation in the Indian Ocean and have signed an agreement to expedite construction of a big nuclear power plant in India by a French company

Congo president signs law opposed by major mining companies

Mar 9, 2018

Congolese President Joseph Kabila has signed a controversial mining law that is expected to increase the country's royalties despite opposition from major mining companies

Finance minister says China can handle government debt risks

Mar 7, 2018

China's finance minister has tried to defuse concern over its rising debt, saying government borrowing is below danger levels and regulators can prevent financial system risks

Rights group: China using personal data as repression tool

Feb 27, 2018

Human Rights Watch finds evidence that authorities in one of China's most repressive regions are sweeping up citizens' personal information in a stark example of how big-data technology can be used to police a population

Trump Jr. 'loves' Indian media covering his business visit

Feb 24, 2018

The U.S. president's son heaped praise on India's media and complained of coverage at home, as he neared the end of a whirlwind trip promoting Trump-brand luxury real estate

BMW looking at Chinese-made electric MINI

Feb 23, 2018

BMW says it is talking with a Chinese automaker about a possible partnership to produce electric versions of its MINI cars for the world's biggest auto market

China prosecuting tycoon who considered Kushner investment

Feb 23, 2018

Chinese authorities say they are prosecuting an insurance tycoon who had discussed possibly investing in a Manhattan skyscraper owned by the family of U.S. President Donald Trump's son-in-law

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