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Currency adjustment 'due to market forces'

[2015-08-14 07:53]

The sudden depreciation of the yuan this week is a result of a market-oriented exchange rate regime and is not a move simply to stimulate exports, a top central bank official said on Thursday.

P2P startups feel the heat, as big boys enter fray

[2015-08-14 07:53]

China's budding online finance sector is making serious inroads into the territory of more established financial services institutions, raising eyebrows almost daily with new ventures, new business models, record-breaking valuations, and of course, new bankruptcies.

What's news

[2015-08-14 07:53]

Governments and policies

Quotes of the day

[2015-08-14 07:53]

Gold set to regain luster again as investors rush to hedge losses

[2015-08-14 07:53]

Gold demand in China fell by 3 percent in the second quarter of the year to 216 metric tons on the back of slowing economic growth and lower offtake, the World Gold Council said on Thursday.

Looking beyond the chip frontier

[2015-08-14 07:53]

Qualcomm to expand presence in the country with more path-breaking technologies, says its executive chairman

Startup energy brings Disney's BB-8 droid toy to life

[2015-08-14 07:53]

If it weren't for someone willing to entertain a new idea, the new Star Wars droid, BB-8, wouldn't be rolling into living rooms this holiday season.

Internet boom reshaping jobs market

[2015-08-13 08:15]

About 3.5 million employment opportunities set to be created by 2020, says BCG study

Metropark takes control of UK's Kew Green Hotels

[2015-08-13 08:15]

Kew Green Hotels Ltd, the United Kingdom-based hotel management company, has been acquired by Chinese hotel company HK CTS Metropark Hotels Company Ltd for an undisclosed price.

Antitrust rules for auto sector soon

[2015-08-13 08:15]

China's anti-monopoly regulator has started the drafting of antitrust guidelines for the automobile industry, which are likely to involve issues emerging from online sales and parallel car imports.

Alibaba to buy back $4b of stock

[2015-08-13 08:15]

Alibaba Group Holding Ltd will buy back as much as $4 billion of stock as it tries to revive a share price battered by concerns about the slowing Chinese economy less than a year after going public.

Beijing 2022 can be springboard to greener future

[2015-08-13 08:15]

The moment former International Olympic Committee chief Juan Antonio Samaranch announced Beijing had won the 2008 Olympic Games is etched on my mind.

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