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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.

Government has catalytic role to play in innovation

[2015-04-07 08:34]

With innovation and entrepreneurship identified as the new drivers for China's economic growth, the question for the government is how it can best encourage and complement the energies of individuals and markets to achieve its vision of the nation's future.

ChemChina's takeover of Pirelli could spell new lease of life for SOE sector

[2015-04-07 08:34]

Another Chinese company is in an international expansion mode. This time it is China National Chemical Corp, better known as ChemChina, which aims to take control of one of the world's top tire brands, Pirelli & C. SpA of Italy.

Is US economy failing to deliver for workers?

[2015-04-07 08:34]

Cheaper gasoline, falling unemployment aren't having expected impact on wages, home buying

Most-loved property stocks tap Indonesia boom

[2015-04-07 08:34]

Falling interest rates, an expanding population and a government-sponsored building boom are turning Indonesia into the world's favorite place to buy property stocks.

Old savers stymie central bank's plans in S. Korea

[2015-04-07 08:34]

South Koreans are getting older and spending less, making it more difficult for the central bank to stoke spending and price gains to keep the nation's tiger economy powering along.

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