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.
Tags: China
Euro zone rattled as Greece braces for elections
European shares and periphery euro zone bonds tumbled on Monday after the Greek parliament rejected the government's presidential candidate, setting the stage for an election that anti-bailout party Syriza could win.
For Qualcomm, China settlement may be just the beginning
The settlement of China's anti-trust probe into Qualcomm Inc is likely to intensify global scrutiny of the firm's highly profitable patent licensing business, and may even call into question its worldwide contracts with smartphone makers such as Apple and Samsung.
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.
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China's economy is creating more than 13 million new jobs this year, the Xinhua news agency cited the labor ministry as saying on Thursday, outstripping the official target despite slower economic growth.
China's Xiaomi [XTC.UL] is raising over $1 billion from investors including Singapore sovereign wealth fund GIC that would value the smartphone maker at over $45 billion, a person familiar with the deal said.
North Korea, at the center of a confrontation with the United States over the hacking of Sony Pictures, experienced a complete Internet outage for hours before links were restored on Tuesday, a U.S. company that monitors Internet infrastructure said.
Uber Technologies Inc is under fire in Taiwan and the Chinese mainland mega city Chongqing over concerns that it and its drivers are not appropriately licensed, adding to a string of official complaints aimed at the fast-growing U.S. start-up.
China opposes all forms of cyberattacks and cyber "terrorism", the country's foreign minister told U.S. Secretary of State John Kerry on Sunday.Foreign Minister Wang Yi made the remarks in a telephone call with Kerry on Sunday night, according to a statement posted on the foreign ministry's website on Monday.
Malicious software likely linked to China was used to infect visitors to a wide range of official Afghan government websites, U.S. cybersecurity researchers say.
In the heart of western Europe, the Belgian-Dutch-German rust belt has been dealt another blow. Two car plants closed this month as companies sought cheaper labor elsewhere, the final chapter of a manufacturing boom that began when coal mines fuelling Europe's industrialization shut in the 1960s.
China's trade minister proposed more use of China's currency in settling trade with Russia in the face of a falling rouble to ensure safe and reliable trade, Hong Kong broadcaster Phoenix TV reported on Saturday.
China's JD.com Inc (JD.O) has partnered Gap Inc (GPS.N) to sell the U.S. clothing retailer's apparel online in China, as the Beijing-based e-commerce company goes head to head with Alibaba Group Holding Ltd (BABA.N) to woo big foreign fashion names.
