E Fund Management, China’s second-largest asset management company, plans to start the nation’s first officially registered hedge fund after the securities regulator eased rules in July, Bloomberg News reported. E ...
Sales of existing homes in America plunged to their lowest level in more than a decade, down 27.2% in July compared with June. Sales of new homes also plummeted, to ...
THE banks of China did their duty by supporting the government’s stimulus efforts last year. Lending soared by a frenetic 32% in 2009; growth has slowed this year, but remains ...
Here in this corner of the Chinese hinterland, the government has widened farm lanes into highways, turned wheat fields into an industrial park, spent a fortune on government offices, and ...
China’s stress tests of banks will assess the risk that a possible slump in property prices may strain developers’ finances and cause homebuyers to default, a person with knowledge of ...
Even Xu Shaoshi, China's minister of land and resources, fears that the real estate market could undergo a "total correction" in the third quarter -- although, he adds, it will ...
This suggests three things. First, China is reluctant to get heavy-handed with workers in big-brand firms that attract global media attention. But, second, China is becoming more relaxed about spooking ...
The government has been grappling with how to rein in the credit-fuelled stimulus before it leads to overheating, according to a July 14 report by Fitch Ratings analyst Charlene Chu. ...
For Wang Pingdao, each day Apple Inc. waits to introduce its latest gadgets in China means extra profit from selling imported iPhones and iPads in Beijing. “The iPad is selling ...
Yu Pengnian’s journey from poor street hawker to Hong Kong real-estate magnate was already a remarkable one. Then the 88-year-old did something even rarer that shocked many in increasingly materialistic ...
“This does seem a very high figure on spending, although it’s not clear how this has been worked out,” said Barbara Hon, an analyst at China Everbright Securities in Hong ...
Zhang Liwen found out that she was about to go on strike over a breakfast of steamed buns and congee rice porridge at her factory dormitory. Fifteen minutes later, she ...
The second is to enforce genuine commercial discipline and transparency. Mr Zhu believed that public offerings and foreign investors would put the banks under greater scrutiny, distance them from bureaucratic ...
The initial public offering (IPO), which is raising funds to replenish capital, still faces a tough aftermarket, with a debut planned for July 15 in Shanghai, and a day later ...
China’s property market is beginning a “collapse” that will hit the nation’s banking system, said Kenneth Rogoff, the Harvard University professor and former chief economist of the International Monetary Fund. ...
