Unigroup preparing $23b bid for Micron

Tsinghua Unigroup Ltd, the State-backed technology giant, is planning the biggest-ever Chinese takeover of a United States firm, but it is likely to face both financial and US regulatory challenges if it is to succeed.

Hiring to remain subdued in second half, says report

Employers in China are adopting a cautious outlook toward hiring in the second half of the year, with only 43 percent keen on increasing headcount, down 16.4 percentage points from the first quarter and below the 50 percent threshold, according to a report by recruitment specialist firm Hudson Global Inc.

Rescue efforts trigger unhealthy market expectations

Lu Tao can't sleep. He gets bouts of panic at night. And he is too afraid to tell his parents why.

Market rout offers valuable lessons in open economy

If a sports game is affected by a sudden downpour, it is the referee's job to announce a halt of the competition. If, and heaven forbid, there is a fire in a movie house, it is the projectionist's obligation to call for the firemen, and to help direct a quick evacuation.

What's news

Governments and policies

Quotes of the day

New rules allow easier access to interbank bond trading

China has issued new rules making it easier for foreign central banks, sovereign wealth funds and global financial organizations to access its interbank bond market, the latest step in the opening up of Asia's largest economy.

Trade prospects still upbeat

Trade prospects are expected to remain stable during the next six months, thanks to the ongoing structural reforms and decisive steps to boost growth from cross-border e-commerce and new free trade zones.

Regulatory flaws expose weakness in market rules

HOMS system, a little-known securities trading software until recently, has been allegedly viewed as the prime culprit for the dramatic stock market slide in the past few weeks, raising questions of whether the country's financial regulation is matched with its high levels of technology and financial innovation.

Driving the high road to success

State-owned GAC Motor Co Ltd, a division of Guangzhou Automobile Group Co Ltd, continued to expand its global presence amid a slowdown in the export of domestically made vehicles during the first five months of the year.

Weighing up the costs of buying your own home

China's property market is warming up again in first-tier cities.

Quotes of the day

"Hong Kong boasts certain advantages. Over the past few days everyone was offered a glimpse into how Hong Kong's structure, legislation, policies and measures played their roles amid the fluctuation in global markets."