China needs to guarantee a "bottom line" of 6.5 percent annual economic growth for its 13th five-year-plan, a state newspaper quoted the director of the National Development and Reform Commission (NDRC) Department of Planning, Xu Lin as saying.
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Oil falls below $60 as oversupply weighs
Brent crude oil fell below $60 a barrel on Friday as oversupply, supported by record-high U.S. crude stocks, weighed on the market.
Oil falls sharply as U.S. crude inventories expected to hit record
Oil prices tumbled on Thursday as U.S. inventories were expected to hit record highs, while a possible rise in Saudi output could stoke oversupply built up in the past few months.
China's WeChat sends a message to Line and Kakao in their home turf
Mobile messaging apps Line and Kakao Talk are busy trying to conquer overseas markets such as Southeast Asia and India. But they may do well to keep a close eye on their home turf of Japan and South Korea as China's WeChat amasses more users.
Hyundai to enter U.S. commercial vehicle market as part of $1.8 billion offensive
South Korea's Hyundai Motor Co plans to spend around $1.8 billion by 2020 on a major offensive in commercial vehicles, including entering the race in the United States, to catch up with rivals in a rapidly growing global market.
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Craig Uden, who fattens cattle for beef on his Nebraska feedlot, expects to cut his energy costs by as much as a quarter this year because of falling oil prices - a silver lining in an otherwise tough rural economy.
Foreign direct investment (FDI) in China grew at its strongest pace in nearly four years in January, surging 29.4 percent from a year earlier to $13.9 billion as investors largely shunned the troubled manufacturing sector and focused on the more resilient services industry.
The coming week will go a long way to dictating whether Greece remains in the euro zone. A meeting of euro zone finance ministers on Monday is tasked with producing a deal that will keep Greece solvent and which is acceptable to both sides.
China is planning an international tourism zone in its northeastern border area with Russia and North Korea, state news agency Xinhua said on Friday, in Pyongyang's latest push for new investment.
Some things just work perfect when combined together. Count, for instance, Xiaomi’s Mi 4, the flagship phone of this Beijing-based company that ranks third in the world’s most selling Android phones in 2014. With its beautiful design, coupled with snappy performance, and a bombshell price that starts at $325, the Mi 4 is one big a deal that is hard to ignore.
The closing of the sale on Wednesday of New York's famed Waldorf Astoria hotel to China's Anbang Insurance Group Co Ltd for $1.95 billion marks the tip of an unprecedented wave of Chinese investment pouring into U.S. hotels.
The aerospace industry is shifting more manufacturing investment to the United States after a decade in which production jobs in the sector flowed to China and other emerging economies, according to a new study.
Chinese Premier Li Keqiang has urged Greece's new leftist Prime Minister Alexis Tsipras to ensure protection of the rights of China's companies and backing for a key port project, the Chinese Foreign Ministry said on Thursday.
Thailand plans to build high-speed railway links connecting Bangkok to tourist destinations south of the Thai capital modeled on Japan's bullet trains, Thai Prime Minister Prayuth Chan-ocha said on Thursday.
