Billionaires including Li Ka-shing and Robert Ng have cut debt at their Hong Kong developers to near-record lows in preparation to buy land as prices fall, a signal the city's real estate gains may be coming to an end.
Tong Jingjing hasn't yet taken the private space flight she has booked but says her experiences since buying the ticket have already been out of this world.
SAFE calls for greater vigilance after uncovering fraudulent deals worth $10 billion
The State Administration of Foreign Exchange on Thursday sought to allay worries about potential short-term capital flight, saying that the latest foreign exchange figures partly reflect increasing bank deposits in foreign currencies.
Microsoft Corp's new CEO extended an olive branch to Chinese regulators on Thursday in Beijing amid a high-profile antitrust investigation that is potentially hurting the sales of its flagship products in the country.
Glitches in iOS 8.0.1 operating system bring frustrations to consumers, reports Bloomberg.
Lender says economic recovery unlikely in forthcoming quarter
Hu Xiaolian, deputy governor of the People's Bank of China, the central bank, alerted banking regulators on Thursday to hidden risks in China's financial sector even though the assets and profits of domestic banks have rapidly grown.
Employment generation should be 'main driver of growth' for China
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