China
China's antitrust regulator says Qualcomm case to be settled soon
The Chinese government said on Friday that it will soon settle its antitrust investigation of U.S. mobile chipmaker Qualcomm Inc. The National Development and Reform Commission (NDRC), the country's anti-monopoly regulator which launched a probe of the San Diego-based
China's Dalian Wanda buys control of China online payments firm
China's Dalian Wanda Group Co, whose real estate arm just raised about $3.7 billion in a Hong Kong share sale, said on Friday it has bought a controlling stake in 99Bill Corp, a Chinese third-party payment processor similar to PayPal.
Buffett-backed BYD's chairman increases stake, may buy more
BYD Co Ltd 002594.SZ(1211.HK), the Chinese carmaker backed by Warren Buffett, said on Wednesday its chairman has increased his stake in the company and may buy more shares as a sign of confidence following the stock's record slump last week.
China offers fresh support for outbound investment
China will simplify currency rules and step up credit support for firms investing overseas, the cabinet said on Wednesday. It was the government's latest move to encourage use of excess factory capacity at home and help local firms grow globally.