Tencent to reduce promotional activities in overseas markets, company's founder says
Xiaomi Corp, China's rapidly rising mobile phone maker, is beta testing a money market fund service, signaling a strong ambition to expand in the country's booming Internet finance sector.
The leading Chinese search engine Baidu Inc has entered the country's burgeoning car market with a joint investment in an online secondhand car trading platform.
Shenzhen, Guangzhou and Nanjing are the leading cities in China in terms of opportunities, and they lead others in technology, innovation and sustainable development, a new report from global consultancy firm PricewaterhouseCoopers said on Wednesday.
Uber Technologies Inc, the California-based online taxi service provider, has formed a partnership with leading luxury car dealer China Yongda Automobiles Services Holdings Ltd, to expand its services in China into sales of automobiles and financial services.
A sustained economic recovery is finally arriving in the 19-country eurozone, European Central Bank head Mario Draghi said - a recovery he says must be used to complete the euro currency union and fix its problems for good.
For investors with dollars, the dream of a condominium by Rio de Janeiro's most famous beaches is suddenly within reach, just in time for the Olympic Games.
Japan's biggest companies are on track to book a record 21.1 trillion yen ($174 billion) in profit as the fiscal year winds down this month. Their workers can expect a larger share of the bonanza.
Indian banks may rein in lending growth already near the slowest pace in five years after regulators ordered them to set aside more funds to counter bad debt.
Some fortunate Berkshire Hathaway investors at this year's annual meeting will get the chance to sleep in the same bedroom Warren Buffett did as a boy.
Around 90 percent of the funds needed to further develop China's environmental industry are expected to come from private sources, requiring a new financial system to encourage more funds into the sector.
Visa Inc, the global card payment services company, has launched its third nationwide financial education bus tour aimed at educating young people in China, especially those in rural areas and migrant workers.
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Raymond Zhou
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