Hyatt warns of card data breach

2016-01-29 07:52

Hyatt Hotels Corp is warning guests who visited its 22 hotels in China between August and December to check their card records, after evidence emerged of possible unauthorized access to its payment card data.

China gives Greek leader a hand

2016-01-29 07:52

It could have been part of the script that has dogged Greek leaders for the past six years: A Greek prime minister trying to convince world leaders and executives that Greece is worth investing in as Greeks take to the streets to protest reforms demanded in return for billions of euros in rescue funds.

Analysis: Online travel firms to see turning point

2016-01-29 07:52

While competition is intense in the Chinese online travel industry, the relatively low penetration rate compared with Western peers indicates there may be much room for growth for Chinese market players.

Empowered by vision of a connected world

2016-01-29 07:52

Ericsson, the Swedish mobile telecoms gear maker, is confident that its strong research and development capabilities will help the company weather the market challenges in China.

Quotable

2016-01-22 08:40

CRC will quicken the pace of promoting its railway standards abroad, cooperation in transshipment rail cargo and multi-modal transportation services to develop international logistics markets, especially in markets along the Belt and Road Initiative."

IN BRIEF (Page 24)

2016-01-22 08:40

Renminbi is 'still attractive'

2016-01-22 08:40

Overseas investors are still keen to hold the yuan for investment in China's debt and equity markets, showing confidence in its long-term stability and credibility as a reserve currency despite the renminbi's depreciation against the dollar over the past two months, analysts say.

Currency depreciation may prompt property sales

2016-01-22 08:40

The yuan's depreciation against the dollar is likely to result in more foreign funds selling their assets in Beijing, especially those with holding periods that were extended for a short period of time, industry experts say.

China wins fastener tiff with EU

2016-01-22 08:40

China scored a major victory in its seven-year trade dispute with the European Union on Jan 18 after the World Trade Organization ruled in favor of Chinese fastener makers.

Chinese firms accelerating expansion into UK

2016-01-22 08:40

Chinese firms are accelerating their of expansion into the UK, according to results of the Tou Ying 2015 Top 25 tracker, which were released at an awards dinner in London on Jan 14.

Pacts that will transform China Inc

2016-01-22 08:40

China's free trade agreements with South Korea and Australia, which took effect in December, will likely encourage struggling domestic manufacturers to further upgrade their technology, and to return to previous levels of export growth.

Online services pioneer enters the big league

2016-01-22 08:40

When a Chinese restaurant owner in California's Silicon Valley needs a logo or a menu design, he or she will probably log in to Zhubajie.com, China's largest platform for online creative services.

London subway buys Chinese train parts

2016-01-22 08:40

China Railway Rolling Stock Corp said on Jan 15 that its overseas subsidiary has won a $10 million order from London Underground.

Haier to buy GE's appliances business

2016-01-22 08:40

Haier Group, a major manufacturer of household appliances, has agreed to buy General Electric's appliances business for $5.4 billion in cash. It is China's largest-ever acquisition of an overseas electronics company.

ChemChina acquires German company

2016-01-22 08:40

The acquisition of Germany's KraussMaffei by a consortium headed by China National Chemical Corp for 925 million euros ($1 billion) is being hailed by analysts as a significant deal, and part of a growing trend of Chinese industrial upgrading through overseas acquisitions.

Cosco buys controlling share in Greek port

2016-01-22 08:40

Shipping giant Cosco consolidated its hold over the Greek port of Piraeus on Jan 20, agreeing to pay 368.5 million euros ($402 million) for a 67 percent stake after increasing its offer to clinch control of a key thoroughfare into Europe.

Russia seeking its place on the Belt and Road map

2016-01-22 08:40

Russia is looking for closer participation in China's Belt and Road Initiative through government-backed investment in projects that put the country on the map, according to a top sovereign wealth fund manager.

How to think global, act local in China

2016-01-22 08:40

When Luis Alvarez took the helm at BT Global Services in 2012, he was the fourth CEO in four years at the loss-making division of the United Kingdom telecommunications operator BT Group.

Quotable

2016-01-15 07:45

UBS' decision may not be the response to any short-term market changes. It is much more about its long-term strategy in China."

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2016-01-15 07:45