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Toyota to end expansion freeze, invest $1.3 billion in two new Mexico, China plants: sources

Japan's Toyota Motor Corp (7203.T) will spend about 150 billion yen ($1.3 billion) to build two new car plants in Mexico and China, two people familiar with plans said, ending a three-year freeze imposed after unchecked growth lumbered the world's biggest auto maker with too many idle production lines.


China turns away more than half of carbon credit applicants to curb glut

China's top regulator has ruled that more than half of the 54 mitigation projects that recently sought to register for carbon credits are ineligible, it said on Friday, amid worries that a glut of permits is undermining its pilot carbon markets.

China charity law set to boost public trust in charities

China has prepared a draft law for charities to register directly with the government, making it easier for them to raise funds and gain tax exemptions, while allaying public concern over the way they are run, following some high-profile scandals.

Chinese Premier pledges support for firms to 'charge out into the world'

China plans to cut red tape and reduce costs for Chinese firms looking to spread their reach overseas to help boost growth and stave off a wider economic slowdown, according to a statement from the ruling State Council.


Latest News

Investors worldwide poured $8.5 billion into fixed-income funds in the week ended April 1, marking the first three months of this year as the biggest first quarter for fixed-income inflows since 2001, data from a Bank of America Merrill Lynch Global Research report showed on Friday.
Some top shareholders of IBM, disappointed by 11 straight quarters of falling revenues, are seeking help from activist investors to shake up the company, but have been turned down by both Bill Ackman's Pershing Square and Jeffrey Ubben's ValueAct, according to people with knowledge of the matter.
U.S. Treasuries prices rallied, the U.S. dollar fell and stock index futures fell on Friday after weaker-than-expected March U.S. jobs data.
Greece will repay a loan tranche to the IMF on time on April 9, its deputy finance minister said on Friday, seeking to quell fears of default after a flurry of contradictory statements on the issue in recent days.
E! Cable Network Orders Another Spin-Off From The Kardashian Reality Empire With "Dash Dolls".
The highly anticipated "Attack on Titan: Humanity in Chains" will soon be making its debut in the West.
Fans now have their first extended look at "GTA V" for the PC with a new 60fps trailer released.
A rush of pre-orders for Amiibo Wave 4 figures somehow managed to crash the website of game retailer, Gamespot.
Microsoft is not messing around with "Halo Online" modders after the company issued a DMCA takedown notice to stop them in their tracks.
The "Poltergeist" remake released a second trailer which is scarier than the first one. According to reports, the remake is dedicated to original but it changed some characters and added special effects,