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Shanghai seen emerging as Delta hub

[2015-04-08 08:09]

Delta Air Lines Inc Chief Executive Officer Richard Anderson said he envisions creating an international hub in Shanghai to build on a growing relationship with China Eastern Airlines Corp.

Feng shui finds more fans in US real estate

[2015-04-08 08:09]

Feng shui, meaning wind and water in Chinese, is a belief system that goes back thousands of years. The search for balance in these forces is influencing the United States real estate market, as buyers of everything from condominiums to cemeteries want the input of the ancient art that channels positive energy.

India central bank keeps interest rates on hold

[2015-04-08 08:09]

India's central bank left interest rates unchanged as commercial lenders in Asia's third-largest economy have yet to pass on two previous cuts to customers.

RBA fails to shift stance, but says policy easing could be on agenda in the future

[2015-04-08 08:09]

Australia's central bank said it could ease policy further at future meetings after keeping interest rates unchanged at a record low as the economy grapples with tumbling commodity prices. The local currency rose.

Modi's water deficit spurs European firms to seek opportunities for growth

[2015-04-08 08:09]

Europe's top water management companies are seeking to expand in India as farmers, industry and urban residents compete for increasingly scant supplies.

Utility sales may halve as US homes make own power

[2015-04-08 08:10]

Utilities in the US Northeast stand to lose as much as half of residential sales by 2030 as customers install solar and battery-storage systems and generate their own power, according to a report by the Rocky Mountain Institute.

Internet boosts packaging sector

[2015-04-07 08:34]

At a temperature-controlled Kemira laboratory in Nanjing, capital of Jiangsu province, one can find lab workers and technicians huddled over consoles and machines taking notes and entering measurements in carefully calibrated charts.

ShopRunner doubles customer base in 2014

[2015-04-07 08:34]

ShopRunner Inc, the e-commerce startup backed by Alibaba Group Holding Ltd that styles itself in some ways as the anti-Amazon, more than doubled its users over the past year and hopes to do so again in 2015, its chief executive said in an interview.

Housing bank needed to aid realty market

[2015-04-07 08:34]

A national housing bank should be created to optimize the use of China's Housing Provident Fund and help stimulate the sluggish market, according to officials.

Online 'brushing' hard to combat

[2015-04-07 08:34]

As Chinese authorities move to curb the practice of "brushing" - falsely boosting merchant credibility ratings on e-commerce platforms - a report from the United States illustrates just what a hard task they could be facing.

Nation won't yield on IT security

[2015-04-07 08:34]

Although United States Treasury Secretary Jack Lew's recent visit to Beijing yielded signs that China may delay in demanding that companies such as IBM Corp and Oracle Corp turn over key data, the country still intends to ensure national security with tighter controls on the information technology sector

E-finance calls for ratings revolution

[2015-04-07 08:34]

A milestone in China's Internet finance sector took place on Jan 1, when Dagong Global Credit Rating Co Ltd released a "credit risk blacklist" and "early warning list" for the sector - the first such reports on the industry.

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