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Vale to expand iron ore output with eye on China

[2015-06-03 08:02]

Brazilian mining giant Vale SA said on Tuesday that it will expand its iron ore production capacity to 450 million metric tons from the present 340 million tons in two years.

Hisense banks on innovation in battle against global competitors

[2015-06-03 08:02]

Hisense Electronics Co Ltd, China's largest TV maker by market share, is banking on more investments in innovation and smart factories to gain an advantage over global rivals like Sony Corp and LG Corp.

KFC sues 3 firms for rumors on social media

[2015-06-02 07:11]

Fast food giant KFC said on Monday that it has filed lawsuits against three Chinese companies, whose social media accounts spread false claims about the quality of its food.

China Eastern given the nod to provide inflight Wi-Fi services

[2015-06-02 07:11]

China Eastern Airlines has become the first Chinese carrier to provide Wi-Fi services on both domestic and international flights.

MAS confident of turnaround by 2018

[2015-06-02 07:11]

Malaysia's loss-making national carrier Malaysia Airlines Bhd said on Monday that it was confident of breaking even by 2018 and weathering the fallout from the twin tragedies in 2014.

PMI up slightly in May vs April

[2015-06-02 07:11]

China's manufacturing business activity slightly expanded in May, indicated by a Purchasing Managers Index reading of 50.2, up from 50.1 in April, according to official data.

Didi Kuaidi dives into car-pooling market

[2015-06-02 07:11]

Didi Kuaidi, the nation's largest taxi-hailing app provider by market share, launched a car-pooling service on Monday in Beijing, the latest effort to expand its presence in the country's transportation sector.

Hukou reform 'crucial to economic future'

[2015-06-02 07:11]

Reform of the household registration system (hukou) could have the most direct impact on the economy as the nation's traditional advantages such as cheap and abundant labor wane, a top economist told China Daily.

Debt reform takes a lower priority to stabilizing growth

[2015-06-02 07:11]

Recent policy directives from the Chinese authorities point toward a renewed emphasis on "stabilizing growth". The shift is broad, but the most straightforward implication is that the target of sheding debt pileup could become more elusive.

Aspiring e-commerce entrepreneurs must avoid being trapped in the regulatory maze

[2015-06-02 07:11]

The Asia-Pacific region is tipped to become the leading market for e-commerce in 2015, making up just over one-third of the global total.

Green shoots of new bond market in China

[2015-06-01 07:15]

China has the potential to become the world's largest market for green bonds because of its government's commitment to tackle pollution by setting up a green financial system, experts say.

Climate's right to grow pro-environment financing for sound growth

[2015-06-01 07:15]

Within three years the Chinese green bond market could be the world's largest and have a significant impact on global financial markets, said Sean Kidney, CEO of the Climate Bonds Initiative.

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