Tags: China

China seen posting weakest annual growth in 24 years, will spur more stimulus

China is likely to post its weakest growth since the global financial crisis in the fourth quarter as its property market cooled, reinforcing expectations the government will have to roll out more stimulus measures to avoid a sharper slowdown.


China's Tencent apologizes for 'civil rights' blunder

Chinese internet heavyweight Tencent Holdings Ltd apologized on Monday for rewarding WeChat app users who sent a message with the English phrase "civil rights" with a screen full of fluttering U.S. flags.

China's Xiaomi to buy stake in software firm Kingsoft from Tencent

China's Xiaomi Inc [XTC.UL] has agreed to buy about 3 percent of software firm Kingsoft Corp Ltd from Tencent Holdings Ltd for HK$527 million ($67.99 million), according to a Kingsoft filing on Monday.

Looking to the ECB to move the dial

After a head-spinning bout of volatility, next week will be dominated by one question: Will the European Central Bank take the ultimate policy leap or pull its punches?


Latest News

The New York Post said some of its Twitter accounts were hacked on Friday, in the wake of a series of inaccurate posts on the social network relating to the Federal Reserve, Bank of America and U.S. military engagement with China.
China announced fresh support measures on Friday for its slowing economy after data showed a worrying drop in bank lending and foreign investment growth falling to a two-year low.
Brent crude oil rose more than $2 to around $50 a barrel on Friday after the West's energy watchdog forecast the market sell-off would end, although analysts said a strong rebound soon was unlikely as global output continued to outweigh demand.
China's Xiaomi Inc [XTC.UL] plans to invest in Indian tech start-ups and overseas media content, as the world's No.3 smartphone maker looks to dominate homes with its own TVs and appliances.
China's Alibaba Group Holding Ltd (BABA.N) plans a major move to win U.S. business this year, by offering American retailers new ways to sell to China's vast and growing middle class.
China's Xiaomi Inc [XTC.UL] staked its claim to Apple Inc's crown on Thursday as the world's third-biggest smartphone maker and most valuable tech start-up unveiled the flagship Mi Note, its challenger to Apple's iPhone 6 Plus.
Growing damage from Russia's financial crisis on neighboring former Soviet states could bury President Vladimir Putin's dream of creating an economic union to rival the United States and European Union.
Toyota Motor Corp (7203.T) is ending a three-year freeze on building new vehicle assembly plants and is looking to open two new assembly plants in China and another in Mexico, four executives familiar with the company's plans said.
China's e-commerce giant Alibaba Group Holding Ltd said on Wednesday it had bought a controlling stake in online marketing company AdChina, an investment aimed at bolstering its advertising business.
Tesla Motors Inc (TSLA.O) plans to boost production of electric cars to "at least a few million a year" by 2025 from fewer than 40,000 last year, Chief Executive Officer Elon Musk said Tuesday.
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