China market

US oil explorers anticipated to report a loss of $14 billion

US oil explorers are expected to report a combined loss of about $14 billion for the year 2015, as a result of the sharpest oil price slump in a generation. Bankruptcies and disappointing debt exchanges have led the oil explorers to cut thousands of staffs, trim dividends, and abandon drilling projects to preserve capital and resist insolvency.

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Dongfeng and France to invest in Peugeot

Chinese carmaker and France to contribute EUR1.5 billion individually for the expansion of Peugeot in Europe and in Asia.

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Apple's Fall in China warrants sympathy from smartphone accessories makers

Smartphone accessory makers in China were not too happy about switching their product focus on non-Apple products.

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