china

Greek drama nears final act, ending uncertain

Euro zone leaders will attend an emergency summit on Monday, hoping to thrash out a plan with Athens to provide Greece with additional funds to prevent it defaulting on its debt -- but only if both sides play ball.

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China to promote cross-border e-commerce as incomes rise

China will increase support for cross-border e-commerce as the world's second-largest economy shifts from manufacturing to higher-value services, the government said.

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Japan export slowdown could weigh on second-quarter GDP growth

Japan's export growth slowed for a second straight month in May, with weak external demand now threatening to erode economic growth in the current quarter.

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A year after the crash, oil markets risk more trouble ahead

A year on from the start of one of the biggest oil price crashes in history, the driving force behind the slide remains intact: there is still too much crude.

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Citi faces headwinds in commodity trade finance, presses on with expansion

Citigroup Inc (C.N) and rivals in the commodity trade finance sector are facing headwinds of weak oil prices, sanctions on Russia and stiff competition, which have pressured fees.

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China company insiders skim the cream off frothy stock market

Senior executives of listed firms in China have stepped up the pace at which they are selling shares in their own companies, suggesting they may have doubts about whether their stock prices can go much higher.

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'Jurassic World' Rumbles to Record Setting $204.6 Million Opening

Dinosaurs rule the earth again after "Jurassic World" debuted to a dominant $204.6 million at the domestic box office this weekend.

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Alibaba to launch Netflix-like video streaming service in two months

Alibaba Group Holding Ltd (BABA.N) will launch an online video streaming service in China in about two months, hoping to emulate the U.S.'s Netflix Inc (NFLX.O) and HBO, the firm's head of digital entertainment said on Sunday.

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In China's Pearl River Delta, HSBC faces a risky voyage

Every day hundreds of garment traders alight at the newly-built Humen station to ply their wares in the southern Chinese city of Dongguan, arriving on high speed trains that whoosh through the terminal every ten minutes.

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Foxconn to build Apple iPhone plant in India

In the near future, iPhones as well as iPods and iPads may be manufactured in India. The main manufacturing partner of Apple Inc, Foxconn Technology is said to be in talks with the Indian government in order to build its manufacturing units in western Indian state of Maharashtra, according to a Reuters report.

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China to extend economic diplomacy to EU infrastructure fund

China will pledge a multi-billion dollar investment in Europe's new infrastructure fund at a summit on June 29 in Brussels, according to a draft communique seen by Reuters - Beijing's latest round of chequebook diplomacy to win greater influence.

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Bullish Uber plans to invest $1 billion in China in 2015

Ride-hailing service Uber Technologies Inc plans to invest more than $1 billion in China this year as the controversial ride-hailing app looks to rev up growth in the world's second largest economy, an executive at the firm said on Friday.

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China vehicle sales fall again in May, showing weakness

Vehicle sales in China fell for a second straight month in May, the first such consecutive drop since late 2011, highlighting the weakness in the world's second biggest economy.

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Facebook earns 51 percent of ad revenue overseas - executives

Overseas markets bring in more advertising revenue than the United States for Facebook Inc, amounting to 51 percent of global ad sales in the first quarter, with growth in Asia the fastest in the world at 57 percent, company executives told Reuters.

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Hungary first European country to sign up for China Silk Road plan

Hungary has become the first European country to sign a cooperation agreement for China's new "Silk Road" initiative to develop trade and transport infrastructure across Asia and beyond, China's foreign ministry said late on Saturday.

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