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Nation's commuters skip taxis as Uber lures with free rides

[2015-06-18 08:28]

Jessica Yang switched from taxis to chauffeured cars for the commute into her Beijing office as rides have become cheaper. These days, she often goes for free, because apps such as Uber Technologies Inc offer big incentives to win customers.

Equity rewards to energize financing options for startups

[2015-06-18 08:28]

The other day a friend of mine asked me whether I knew anything about equity-based crowd-financing and how it works. Her question was certainly interesting, considering that equity-based crowd-funding was a relatively new and innovative financial tool designed to help startups and small businesses.

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[2015-06-18 08:28]

Governments and policies

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[2015-06-18 08:28]

Cisco pledges $10b to support local innovation, with an eye on govt procurement

[2015-06-18 08:28]

Cisco Systems Inc, the US multinational technology company, on Wednesday pledged more than $10 billion in investment in China.

Dubai proving a tempting destination

[2015-06-18 08:28]

Competitive property prices are attracting Chinese investors now that the UAE city has emerged as an important business hub in the Silk Road Economic Belt Initiative

Nuclear reactor exports on cards

[2015-06-17 07:45]

Six to eight domestically produced third-generation nuclear reactors will be exported by 2020, a senior official at China National Nuclear Corp said on Tuesday.

Selling pressure prunes gains on bourses

[2015-06-17 07:45]

The benchmark Shanghai Composite Index suffered its biggest two-day loss this month on Tuesday as investors rushed to offload shares amid heavy selling pressure.

Millionaires bloom in mainland amid stock market boom

[2015-06-17 07:45]

China created 1 million new millionaires last year as the country's booming stock market bolstered the ranks of the wealthy, according to a global wealth report released on Monday.

Government backs creation of emerging industries board in Shanghai

[2015-06-17 07:45]

The State Council, China's cabinet, issued a statement on Tuesday officially supporting the creation of a strategic emerging industries board on the Shanghai Stock Exchange, to help high-growth and innovative enterprises raise funds through the capital market.

Luxury handbags becoming hot investments

[2015-06-17 07:45]

Last winter my friend Eva fell in love with a Celine handbag in a luxury department store. After mulling it over for a day, she came back only to find the exclusive item had been sold. She regrets the indecision to this day.

What's news

[2015-06-17 07:45]

Governments and policies

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