SGE to start gold fix denominated in yuan this year

The Shanghai Gold Exchange will try to start offering the renminbi-denominated gold-fixing price this year, as an alternative to the dollar-denominated gold-fixing in London, a top bourse official said on Wednesday.

Macrolink to invest $3.2b on overseas ventures

Riding the rising wave of investing overseas, Macrolink Group, a leading private enterprise in China, is expected to invest as much as 20 billion yuan ($3.2 billion) in the next three years to tap the tourism and mineral resources abroad.

Cook hails record sales, 'unbelievable' year

Apple sees significant change in its fortunes from criticism, Icahn's pressure 12 months ago

Dutch quakes rock European gas market

Dutch communities rattled by earthquakes are upending Europe's energy market.

Tensions mount between Greece, EU

Ask Greek Finance Minister Yanis Varoufakis about his country's predicament, and you're likely to get a very different response from the one echoing around the euro region.

GE's Immelt earns $37m for 2014 after revamp

General Electric Co Chief Executive Officer Jeffrey Immelt's compensation almost doubled in 2014 to $37.3 million as his pension soared and he signed the company's largest-ever acquisition.

US resurgence takes shine off yellow metal

Gold prices have swung into defensive mode on fresh signs of resurgence in the US economy, wilting the metal's safe haven appeal. Traders foresee further downside potential as stronger-than-expected economic data argue for an earlier rise in US interest rates.

PE fund to bring green sheen to Silk Road

The first private-equity fund aimed at improving the environment along the planned Silk Road Economic Belt has started operating.

Wanglaoji foundation to aid youth soccer

Guangzhou Wanglaoji Great Health Industry Co, the famous Chinese herbal tea producer, has created a 50 million yuan ($8 million) foundation to develop youth soccer in China.

IN BRIEF (Page 18)

Year of promise for sustainable business

Last year was an amazing one for the world of sustainable business.

Amendment to Securities Law to get green light

The National People's Congress, the country's top legislature, is likely to approve the amendment to the Securities Laws this year, paving way for the much-awaited reform of the new-share sales mechanism.