Standard & Poor's (S&P) downgraded the debt-ridden country's credit rating from B- to CCC+, with a negative outlook, signaling the country is now vulnerable to default. Experts consider the country can slip into default this month unless compromise with creditors is reached...
Chinese smartphone maker Xiaomi announced that the company has terminated its exclusive cooperation with Flipkart, a leading e-commerce provider in India, and signed agreements instead with Amazon and Snapdeal for the sales of smartphones in India...
As expected, the European Central Bank left official interest rates unchanged Wednesday, amid concerns over growth prospects and deflationary pressures in the region...
This year will mark a turning point in a showdown between the world's second largest economy and its biggest democracy. According to the International Monetary Fund, China's growth supremacy over India will finish soon...
The news in recent days of China's "Great Cannon" and a related research report from Canada has cast a spotlight from outside China on the machinations of China's government-run Internet services...
As government data indicated Tuesday, Singapore's economy grew at a faster-than-expected pace in the first quarter despite the central bank announcement there will be no change to monetary policy...
Last week, the chief of the International Monetary Fund cautioned that the era of low interest rates risks fueling asset bubbles around the world. She meanwhile called for more central bank easing as there is a bigger threat: the prospect of a long period of weak global growth...
Hillary Clinton running for president, China's disappointing data, India-Germany business relations - below are the most important things markets discuss today...
Below are listed the most important economic events which are likely to influence market behavior this week. Monday, April 13...
According to the World Bank, economic growth of developing markets in the East Asia-Pacific area is likely to improve in 2015 in most countries, but as a whole, it will slow due to a drag exerted by China...
Youzu Interactive Co., Ltd, a web and mobile game platform in China, will invest CNY538 million to acquire the entire stake in Guangzhou Zhangtao Network Technology Co., Ltd...
Express Mobile, an information technology company in the U.S., has sued China's Alibaba for patent infringement...
According to a recent survey conducted by Bankrate.com, a personal finance site, just 26% of people under 30 are investing in stocks. That’s compared with 58% of people between the ages of 50 and 64...
The company's net profit was CNY27.9 billion, which was about USD4.5 billion, a year-on-year increase of 32.7%. By business lines, Huawei's carrier business revenue was CNY192.1 billion, a year-on-year increase of 16.4%; its enterprise business revenue was CNY19...
Hon Hai said that the joint venture will first provide information technology services to Hon Hai's plants in mainland China and offer integrated security systems to other companies in mainland China...
According to this final agreement Capitalhold Limited will pay USD3.55 per ordinary share, which is USD7.10 per ADS, to Shanda Games. Calculating by this price, the valuation of Shanda Games will reach about USD1.9 billion...
The biggest onshore oil discovery in the last three decades has been made in the land near Gatwick Airport. UKOG now hopes to meet 10-30% of UK oil demand by 2030, says the Independent...
On Thursday Greece repaid €450m it owed the International Monetary Fund. Bond yields slid as markets showed relief it had met its deadline...
Nokia Networks, previously known as Nokia Siemens Networks, announced its adjustments to its global customer operation structure. The new customer operation were formed by seven major regional markets, including Greater China, effective on April 1, 2015...
Chinese telecom device maker ZTE published its performance report for 2014, stating that its operating revenue reached CNY81.47 billion, a year-on-year increase of 8.3%; its net profit attributable to shareholders was CNY2...
