Tags: China

In oil price war, Gulf producers grab market share in Asia

Saudi Arabia's move to slash the price it charges in Asia for its oil this week to the lowest in more than a decade is the latest aggressive action by Gulf states to defend market share in the world's top oil consuming region.


With parallel import scheme, China aims to rein in luxury car prices - sources

China is taking aim again at foreign luxury car makers such as Audi (NSUG.DE), BMW (BMWG.DE) and Mercedes-Benz (DAIGn.DE) by allowing unauthorized dealers to sell imported cars - so-called 'parallel imports' - in a move to rein in high-end car prices.

After Obama visit, India's Modi heads to China by end of May

Prime Minister Narendra Modi will visit China before his first anniversary in government on May 26, the foreign ministry said on Monday, in the latest symbolic move by the nationalist leader to cement India's ties with the world's major powers.

China eyes food safety, modern farms in 2015 rural policy

China has listed food safety and modernizing farms as among key priorities this year, its 2015 rural policy outline showed, as it tackles falling agricultural productivity that has raised concerns about its future food supply.


Latest News

Panasonic Corp (6752.T) has stopped making TVs in China and plans to liquidate its joint venture in Shandong, a company source said on Saturday, the latest in a string of Japanese electronics companies exiting overseas TV markets amid strong pricing pressure.
China's factory growth likely inched up from a 1-1/2-year low in January, helped by a slight pick-up in momentum the previous month, but the bounce is not expected to last due to unsteady exports and slowing investment, a Reuters poll showed.
Investors wiped $35 billion off Microsoft Corp's (MSFT.O) market value on Tuesday without any clear-cut, single explanation. The world's largest software company, whose shares had climbed about 30 percent over the past 12 months to near 15-year highs, instead worried investors with a series of troubling signals in its earnings report and conference call on Monday.
International donors pledged $7.5 billion on Tuesday to immunize 300 million children in poor countries against deadly diseases such as diarrhea and pneumonia.
Apple Inc (AAPL.O) quarterly results smashed Wall Street expectations with record sales of iPhone 6 and 6 Plus smartphones in the holiday shopping season and strong sales in China, although the United States remained the top iPhone market.
China's Premier Li Keqiang pledged to create at least 10 million new jobs in 2015, the state run China Daily newspaper said on Tuesday, despite economic growth that slowed to its weakest pace in nearly a quarter of a century last year.
Cruise operator Carnival Corp is in talks with state-owned China Merchants Group Ltd (CMG) to develop a new cruise line for the fast-growing China market, the U.S. firm said in a statement on Tuesday.
U.S. President Barack Obama ended a landmark day in India on Monday with a pledge of $4 billion in investments and loans, seeking to release what he called the "untapped potential" of a business and strategic partnership between the world's largest democracies.
Packaging companies Rock-Tenn Co (RKT.N) and MeadWestvaco Corp (MWV.N) agreed to form a combined $16 billion company to take on market leader International Paper Co (IP.N) in the United States and abroad.
Internet services that allow people to freely access blocked websites and apps from within China have seen more severe disruptions this week, said three providers, moves that Chinese state media said were justified.
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