Crowd funding revives quake-hit Japanese firms

When an 18-meter tsunami demolished his soy sauce factories in 2011 and killed an employee, Michihiro Kono despaired about the future of the company his family founded two centuries ago.

Russian stocks drop on S&P junk rating

Russian stocks tumbled the most in six weeks in US trading, led by OAO Sberbank, after Standard & Poor's lowered the country's credit rating to junk.

Robust US growth to help rein in its deficit

Solid economic growth will help the US budget deficit shrink this year to its lowest level since President Barack Obama took office, according to congressional estimates released on Monday.

Yuan slides in response to dollar, Greek election

Biggest two-day loss for currency since the onset of global financial crisis

Foreign high-tech vendors may face stricter controls

Tighter controls on information technology products used in the financial sector may pose more hurdles for overseas companies in China, industry sources said on Monday.

IBM denies reports of huge job cuts

IBM Corp on Monday denied media reports that it will cut 110,000 jobs, saying the layoff only involves several thousands employees.

WeChat bites the advertising bullet

WeChat, the online messaging application that has about 468 million monthly active users, kicked off an advertising program on Sunday with three advertisers debuting on its content sharing platform.

Building roads between China and Ghana

It took Su Yuehua a while to figure it out, but he learned the secret to business success in West Africa, reports Xiao Lixin.

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Governments and policies

Quotes of the day

Japanese rice is new luxury food fad

First it was European formula powder milk, then New Zealand milk. Now Chinese consumers are adding Japanese rice to the list of everyday foods they will bring in from abroad at luxury-good prices because they fear the local alternatives are not safe.

Motorola back in business in China

New owner Lenovo hoping for renewed interest in 'Hello Moto'