New system required to cultivate green funding

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.

All aboard for Visa's financial literacy tour

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.

IN BRIEF (Page 18)

Pressure on KFC after McDonald's says no to antibiotics in chicken

KFC, the world's largest chain of fried chicken restaurants, may face pressure from consumer and environmental groups to change how the animals it uses are raised after McDonald's Corp said it would switch to chicken raised without human antibiotics.

Stricter rules being considered for P2P lenders

Industry players fear thresholds, conditions could be too harsh and limit development

Wyoming may feel the pangs of lower coal consumption in China

China's decision to limit coal usage may have a far-reaching impact in the United States, particularly in Wyoming where it is the mainstay of the economy.

Billionaire plans Cushman & Wakefield bid

Chinese billionaire Guo Guangchang's Fosun International Ltd is weighing a bid for commercial property broker Cushman & Wakefield Inc, people with knowledge of the matter said.

Building a solid platform for the future

Amid the remote terrain in Qianxinan prefecture in Southwest China's Guizhou province, one can hear the roar of heavy machinery at the Shengxing workshops. Inside the facility one can see scores of workers huddled over machines that turn raw titanium into materials for making screws for Apple Inc's iPhone 5s and iPhone 6.

What if Fed is no longer patient?

For the Federal Reserve, patience may no longer be a virtue.

European car giants seen as safe bet

This year's 12 percent plunge in the euro has ignited the biggest rally on record in automakers and helped push the DAX Index above 12,000. Demand for ways to protect those gains is also soaring.

Lafarge's CEO seen as brake on merger

In less than a year, Lafarge SA Chief Executive Officer Bruno Lafont has gone from celebrated co-architect of the world's biggest cement merger to one of the deal's main obstacles.

P&G beauty unit split reflects wider struggle

Procter & Gamble Co's potential split-off of some beauty brands into a separate company reflects the struggles the world's largest consumer-products maker has had trying to master a fragmented, fast-moving industry.