Wal-Mart cuts another 250 jobs, shuts office

Wal-Mart Stores Inc, the world's largest retailer by sales, is cutting 250 Chinese jobs and closing its regional office in Dalian in an effort to improve efficiency and regain its declining market share, it said. The moves come just days after it axed 20 senior level jobs in the country.

Lenders may feel the property pinch

Persistent weakness in the real estate market will dent prospects for Chinese lenders due to their large exposure to the sector, global credit ratings agency Standard & Poor's Rating Services said on Tuesday.

Rebound in IPOs yields windfall for PE/VC investors

Initial public offering activity in China is up sharply this year, generating large gains for venture capital and private equity investors, ChinaVenture Group said on Tuesday.

Survey finds digital marketing has still miles to go in China

Marketing professionals from China had the lowest digital mindset in the Asia-Pacific region despite the rapid development and high penetration of mobile devices in the country, a global survey said on Tuesday.

Confidence low that equity rally will last

Exchange-traded fund investors are showing little confidence that the world-beating rally in China's domestic stock market will last.

US road link seeks Chinese investors

The Pennsylvania Turnpike Commission is hoping to attract Chinese investors to fund half of the cost of a key connection point for the Pennsylvania Turnpike (or road toll) and Interstate 95, a major highway in the eastern United States.

Wealth management needs more focus

Wealth management service providers must increase their Chinese product offerings as demand continues to increase, leading professionals said at a forum held by Renmin University of China on Saturday.

Gree leads the green way in e-cycling of appliances

Gree Electric Appliances Inc, a leading domestic home appliance manufacturer, is committed to tackling air pollution by operating centers where used appliances can be recycled and by using advanced technology to upgrade its products.

Infrared cameras help in protecting pandas

Visitors to the Anzihe Nature Reserve in Sichuan province can't help but notice the stunning photos on display at its publicity and education center.

Goodman offers 'amazing things with limited funds'

The Australia-based Goodman Foundation has made major strides in China's charity sector through its funding and association with the Shanghai Qingcongquan Training Center for Children with Special Needs.

IN BRIEF (Page 18)

'APEC blue' hits November factory activity

Clearing the air for the Asia-Pacific Economic Cooperation forum in Beijing early last month meant closing many factories and construction sites, which left manufacturing activity almost stagnant, figures released by the National Bureau of Statistics and the China Federation of Logistics and Purchasing on Monday show.