Cross-border loan services to help lower finance costs for more domestic, overseas companies
Bayerische Motoren Werke AG said slowing sales in China may force it to revise this year's profitability goals, challenging new Chief Executive Officer Harald Krueger as he seeks to defend his lead in the global luxury car industry.
Toyota Motor Corp warned of tougher competition in China and raised its forecast for Japan sales as it reported quarterly profit that beat analyst estimates.
Sichuan province has become the first in China to open its nuclear power sector to private investment, according to an official notice published on Monday.
Sinopec Group, the second-largest energy company in China, plans to cut costs by recalling 40 percent of its overseas staff in the wake of plunging oil prices.
PetroChina Co has about 11 billion barrels of oil reserves, half a million employees and sales that exceed the annual economic output of South Africa.
China plans to tighten regulatory controls on the country's nearly 300 online payment firms, including Alibaba Group Holding Ltd's finance affiliate.
Tujia.com has raised $300 million at a valuation of more than $1 billion, as the Chinese vacation rentals site, often compared with Airbnb Inc, pursues financing to bankroll a global expansion.
Amway Corp is eyeing a major push in China's online retail sector, as the world's largest direct selling company in terms of sales looks for options to counter flagging revenues and attract more younger customers in the country.
London is developing a growing reputation as a yuan trading center. It is hardly surprising then that Chinese companies will eventually launch more initial public offerings on the London Stock Exchange.
Manufacturers that pursue a high-tech approach will thrive in China, despite the economic slowdown. The sector still has a great deal going for it and will remain the backbone of the country's economy, according to Jim Davis, executive vice-president and chief marketing officer of SAS Institute Inc, a leading business analytic software and services company in the United States.
GDP figures for the second quarter show that deflationary pressure is starting to ease.
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