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Fund to foster economic ties with ASEAN

[2015-01-23 07:37]

The China-ASEAN Investment Cooperation Fund, a private equity fund set up by the Chinese government, is looking to increase its investments in the Association of Southeast Asian Nations, especially in influential projects that offer good returns, a top official with the fund said on Tuesday.

Profit warnings proliferate as developers file results

[2015-01-23 07:37]

Nearly half of the developers that have filed preliminary 2014 earnings figures with mainland stock exchanges warned of lower profits, underscoring the depth of the correction in the industry.

Online purchase complaints increase

[2015-01-23 07:37]

With an increasing number of Chinese consumers taking to websites to buy products ranging from clothes to electronics and even furniture, the number of complaints about such purchases has also increased.

Virtual auctions yield real bargains

[2015-01-23 07:37]

Clicking the "bid" button, Zhang Ziyue, a 27-year-old Shanghai resident, joined a real-time online auction on Thursday. After three rounds of bidding, the virtual hammer fell - and a pair of pearl earrings were hers for 400 yuan ($64.42).

Microsoft unveils Windows 10 and new wearable 3-D gadget

[2015-01-23 07:37]

Microsoft on Wednesday took the wraps off a new version of Windows - and a new wearable 3D gadget it calls the HoloLens.

High-priced Manhattan realty finds few buyers

[2015-01-23 07:37]

Manhattan real estate agent Lisa Gustin listed a four-bedroom Tribeca loft for $7.45 million in October, expecting a quick sale. Instead, she cut the price this month by $550,000.

eBay to cut 2,400 jobs ahead of PayPal spinoff

[2015-01-23 07:37]

E-commerce giant eBay will slash 2,400 jobs - 7 percent of its workforce in the current quarter as it restructures and prepares to spin off its PayPal finance unit, it said on Wednesday.

Sukuk funds offer Malaysia lifeline amid oil price slump

[2015-01-23 07:37]

Sukuk investors are maintaining support for Malaysian Prime Minister Najib Razak as he sacrifices budget deficit targets to sustain development spending.

Firms plan equipment, technology sales abroad

[2015-01-22 07:12]

With the companies that built the nation's high-speed rail system bagging deals abroad, nuclear technology and equipment sales are next on China's agenda.

Fresh impetus likely for nuclear projects

[2015-01-22 07:12]

There is a saying in the nuclear industry that people will accept building nuclear power plants, only if they are built far away from their home.

Global nuclear majors move in on fastest-expanding reactor market

[2015-01-22 07:12]

As nuclear power plants continue to be phased out by many countries, foreign energy giants are pinning their hopes on China's nuclear market, and its huge potential for growth.

Fed officials to reassess US growth outlook

[2015-01-22 07:12]

Federal Reserve officials are starting to reassess their outlook for the economy as global weakness and disappointing data on US consumer spending test their resolve to raise interest rates this year.

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