BMW to pay $820m as subsidy to Chinese dealers

Bayerische Motoren Werke AG has agreed to pay 5.1 billion yuan ($820 million) to its distributors in China to help cover their losses after retailers stopped ordering cars from the German auto manufacturer, a dealer's group said.

Greentown yet to approve Sunac venture disposal plan

Greentown China Holdings Ltd said it has not approved Sunac China Holdings Ltd's 15.5 billion yuan ($2.5 billion) purchase of assets in a joint venture, the latest development in a dispute between the two Chinese developers.

Upgrade by integrating into global value chain

The 2014 Asia-Pacific Economic Cooperation forum meeting held in November in Beijing put "promoting the APEC global value chain cooperation" as a focus of discussion.

Antitrust law may reshape vehicle sector

PwC and Strategy & 's new survey of vehicle industry experts sheds light on the expected impact of antitrust law enforcement on the automotive value chain in 2015 and beyond.

Why a good customer experience is not enough

Since 2007, the average customer experience, also called CX, in the industries that Forrester tracks, has gone up across the board.

Euro slumps amid concern over Greek exit after election

The euro weakened to an almost nine-year low and Asian stocks fell amid concern Greece will exit the European currency union. Oil slumped to its lowest level since 2009, while silver and Chinese shares climbed.

Berkshire trades near all-time high

Warren Buffett said last year that Berkshire Hathaway Inc's future will be about buying big businesses and expanding them over time. As he celebrates his golden anniversary running the company, investors are rallying behind the idea.

Technology highlights of 2014

Japanese realty continues to languish

An economic rebound and loose money policy under Japanese Prime Minister Shinzo Abe briefly halted a long slide in Japan's commercial property market, but the benefits of "Abenomics" appear increasingly limited to Tokyo, leaving a moribund hinterland.

Online movie rollout props up YouTube

Google Inc's agreement to show Sony Corp's The Interview gave its YouTube video-streaming website a chance to show that it is more than just a destination for amusing cat videos.

Tipping point

Investment flows in and out of a country do not usually excite much interest - but in the case of China, 2014 may prove an exception.

China's evolutionary road

The growing competition for China's limited pool of highly skilled workers and the country's new stringent regulations are creating major obstacles for foreign companies in China, says Stuart Fuller, global managing partner at King & Wood Mallesons.