Corporate News

China criticizes S&P credit rating cut as 'wrong decision'

Sep 22, 2017

The Chinese finance ministry has criticized the cut in the Standard & Poor's rating agency's credit rating on the country's borrowing as a 'wrong decision' and said it ignores China's financial strength

Asian shares fall on North Korea concerns, China rate cut

Sep 22, 2017

Most Asian stock markets fall as investors turn cautious following new US sanctions targeting North Korea, China credit rating downgrade

The Latest: S&P cuts Hong Kong rating after cutting China's

Sep 22, 2017

The Standard & Poor's rating agency has cut its credit rating for Hong Kong a day after downgrading China, citing risks posed by their close ties

China announces trade secrets crackdown to assure investors

Sep 20, 2017

China has announced a crackdown on violations of patents and trade secrets in an effort to mollify foreign companies ahead of a possible visit to Beijing by U.S. President Donald Trump

China punishes 31 for deadly construction accident

Sep 16, 2017

China is punishing 31 people for construction site accident last year that killed 73 people

Founder of online Chinese lender sentenced to life for fraud

Sep 13, 2017

The founder of a Chinese online lending company was sentenced to life in prison after his company defrauded depositors of $7.7 billion in one of China's biggest financial scams

China's auto sales rise 4.1 percent in August

Sep 11, 2017

China's auto sales rose 4.1 percent in August, driven by strong demand for SUVs

China's ever-tighter web controls jolt companies, scientists

Sep 10, 2017

China's campaign to stamp out use technology that allows web surfers to evade its internet filters is disrupting work and study for millions of entrepreneurs, scientists and students

Kevin Kwan: Americans will embrace 'Crazy Rich Asians' movie

Aug 30, 2017

Kevin Kwan believes America will embrace the "Crazy Rich Asians" movie, which is based on his best-selling novel of the same name

China merging state-owned energy giants

Aug 28, 2017

China's government plans to combine the world's biggest coal producer and a major power company as part of a marathon effort to make state industry more efficient and competitive

Financial Markets

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