Tags: China

China bans private clubs in parks, historical buildings in graft crackdown

China has banned private clubs in historical buildings, parks and other public facilities because they are hindering the fight against corruption, state media said on Monday, as the government broadens its anti-graft and frugality campaigns.


HP seeking buyers for corporate-networking business in China

Hewlett-Packard Co (HPQ.N) has begun sounding out private-equity firms in China to buy its corporate-networking business in the country, the Wall Street Journal reported, citing people familiar with the situation.

China's auto market growth may halve to 7 percent this year: industry body head

Growth in China's auto market, the world's biggest, will halve to 7 percent this year weighed down by a slowing economy, the head of an industry body said on Saturday.

Wall St. finally turning on Amazon as Bezos magic fades

Amazon.com Inc's (AMZN.O) once fairy-tale ride on Wall Street has hit its most jarring bump yet. The company that for years enthralled investors with improbable growth and earned one of the technology sector's highest valuations drew widespread ire after a spectacular results letdown on Thursday.


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NBA rumors surrounding Jordan Crawford who snubbed the NBA and an offer from the Sacramento Kings because he wasn't comfortable with a backup role.
A unit of Bank of New York Mellon Corp, one of the largest wealth managers in the United States, has won regulatory clearance for the sale of its stake in a joint venture with China's Western Securities Co Ltd , as a shake-out continues among partnerships in the country's financial industry.
The yen languished at two-week lows against the dollar early on Friday, having come under renewed pressure overnight after an encouraging rally on Wall Street dampened demand for the safe haven currency.
Euro zone businesses performed much better than forecasters expected this month and China's vast factory sector grew a shade faster but there were worrying signs that the upturn could be short-lived.
Fast-growing Chinese smartphone maker Xiaomi Inc said on Thursday it is migrating some data on non-Chinese customers away from its servers in Beijing due to performance and privacy considerations.
Squeezed between cut-throat competition from online financing firms and rising funding costs, China's midsize banks are falling out of investors' favor as they increasingly lag behind the country's top five lenders.
Aircraft makers Boeing and Commercial Aircraft Corp of China have launched a joint pilot project to turn used cooking oil into jet fuel.
British insurer Standard Life (SL.L) and Industrial and Commercial Bank of China (ICBC) (601398.SS) said on Wednesday they had agreed to look at developing savings and investment services together.
Some of the world's biggest banks and asset managers have asked the Hong Kong securities regulator for more time to prepare for a landmark China stock trading link due to uncertainty over the rules of the scheme, according to a letter seen by Reuters.
Apple Inc's (AAPL.O) iCloud storage and backup service in China was attacked by hackers trying to steal user credentials, a Chinese web monitoring group said, adding that it believes the country's government is behind the campaign.
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