China Vanke Co, the nation's biggest developer by sales, has agreed to form a venture with the Carlyle Group LP. The venture will buy nine of Vanke's commercial properties.
The top leadership of the Communist Party of China is to cut SOE executives' salaries. The plans call for ceilings to be set on expense accounts and restrictions placed on other "perks".
China's "big five" banks are likely to be the first targets of the salary-reduction reform for top executives at state-owned enterprises being pushed by the government.
Jack Ma is China's richest person. The 49-year-old founder and chairman of Alibaba Group Holding has a net worth of $21.8 billion, according to the Bloomberg Billionaires Index.
China is to allow foreign investors to wholly own hospitals in seven cities and provinces, further opening up the fast-growing private hospital sector.
Foreign inbound mergers and acquisitions in China soared in terms of value, clinching deals worth $12.5 billion during the first six months of the year.
South Korea may have the reputation as the world's largest manufacturer of offshore engineering equipment, but its earning ability is no longer as strong as it used to be.
Asia's largest refiner has short listed 37 bidding consortia for a stake of up to 30 percent in its fuel retail unit and plans to choose a winner by the end of September.
China's goal of exporting nuclear reactors seems within reach, as domestic makers of these power stations are establishing a complete industry chain.
The 21st century has hit the famed temple of Chinese kung fu, bringing a wave of foreign interest, and CEO acolytes willing to pay $800 per month.
Today, family firms in Asia are changing the boardroom structure by giving women a visible leadership role.
Chinese retailer Suning, which owns the Redbaby chain of stores, is offering insurance to customers who buy infant milk powder amid food safety scares.
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Raymond Zhou
Op Rana
Berlin Fang
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Huang Xiangyang
Chen Weihua
