china

Stock markets expected to be under 4% annual growth

The slowdown in economic growth in major economies is expected to keep the stock markets under four percent annual growth in the near future. The second half of 2015 is expected to be sluggish following the bleak economy outlook for the US, EU and China.

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Breaking the glass ceiling in China: How Zhou Qunfei of Lens Technology became the only self-made richest woman in China

Lens Technology is a $7.2B worth glass screen business in China. The company provides glass screens to top labels like Samsung, Windows and Apple and had made a public offer in March. It is owned and founded by Zhou Qunfei, the richest self-made woman in China who used to work as a factory worker.

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China says needs to ensure economic risks don't turn into social risks

China needs to ensure that risks presented by a slowing economy do not morph into social risks, the state planner said on Friday, acknowledging the problems the country faces should unemployment rise.

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Gold price meltdown continues; poised for further drop

The gold price drop last week showed its lowest since 2010 and the yellow metal is poised for further fall likely to record biggest monthly drop in the past two years.

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Disruptive Legislation: France re-examines taxi law amid Uber's rise

France is rethinking its taxi laws with the rising demand for Uber and other online ride-hailing services. France's Economy Minister Emmanuel Macron says key players are meeting next month to re-examine the industry's economic model.

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China slides again, Europe follows

Concerns over China dominated financial markets on Monday, with the biggest fall in Shanghai shares in eight years driving stock markets and prices of major commodities lower across the board.

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US Senate expands Department of Homeland Security powers after data breach

Senators from both the Republican and Democrat sides of the US Senate have come together to enact legislation that will enhance the powers of the US Department of Homeland Security in order to protect government Internet addresses.

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Walmart takes full ownership of e-commerce site Yihaodian in China

Walmart is buying 49 percent of Yihaodian's stake, an e-commerce website based in China. This is part of Walmart's fundamental plan to distribute its products to Chinese consumers through its online service.

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Unilever teamed up with Alibaba to penetrate e-commerce in China

Alibaba Group Holdings Ltd, the leading Chinese e-commerce corporation has declared a tie-up with Unilever NV, the well-known provider of personal care, home and food products, to grant Chinese consumers the majority of its quality products from around the world.

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Xshot Deluxe Selfie Stick with Bluetooth Remote - Click When Ready

Xshot Deluxe has finally came up with what the selfie fans have been dreaming of. A shutter remote control for the perfect shot!

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Messaging App Telegram attacked by DDOS; Service went down in Asia-Pacific

Encrypted messaging app Telegram was hit by a huge distributed denial of service attack over the weekend impaling its servers in Asia.

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China bans big shareholders from cutting stakes for next six months

China's securities regulator took the drastic step of ordering shareholders with stakes of more than 5 percent from selling shares for the next six months in a bid to halt a plunge in stock prices that is starting to roil global financial markets.

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U.S. crude falls more than 1 percent on surprise stockpile build

U.S. crude futures fell more than 1 percent on Wednesday after a surprise build in stockpiles while gasoline rallied on bets for strong fuel demand through the peak summer driving season.

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Wall St. sharply lower on China fears

U.S. stocks ended sharply lower on Wednesday as market turmoil in China eclipsed Greece's debt crisis, while the New York Stock Exchange suffered a major outage.

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Wall Street ends stronger after volatile session

U.S. stocks ended higher after a choppy session on Tuesday, as a rebound in U.S. oil prices helped offset concerns about a slowdown in China and the Greek debt crisis.

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