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Archives

China bans private drivers on ride-hailing apps

BEIJING — China has banned drivers of private cars from offering services through ride-hailing apps, throwing up a new hurdle …

Asian stocks rise on ‘Santa rally’ after Wall Street hits record highs

BEIJING — Asian stocks were mostly higher Tuesday after Wall Street closed at record highs in a traditional pre-Christmas advance. …

Chinese leaders affirm commitment to slower growth, promise innovation, help to poor

BEIJING—Chinese leaders have affirmed their commitment to a “new normal” of slower economic growth next year and promised to promote …

Stock market newcomer Alibaba leads wave of emerging Chinese tech success stories

BEIJING—Alibaba Group’s U.S. stock offering is a wakeup call about an emerging wave of technology giants in China’s state-dominated economy. …

Global stocks lower amid worries about possible US rate hike, weak Chinese growth and Scotland

BEIJING—Global stocks sank Wednesday under the weight of worries about the possible timing of a U.S. rate hike, economic weakness …

China’s export growth accelerates, imports sag

BEIJING — China’s export growth accelerated in July but imports sagged in a possible sign of weakness in the world’s …

China investigating Microsoft in monopoly case

BEIJING — China’s anti-monopoly agency announced an investigation Tuesday of Microsoft Corp., stepping up regulatory pressure on foreign technology companies. …

In new move to ease currency controls, China will allow banks to set exchange rates

BEIJING—China announced another modest easing Thursday of its currency controls, saying banks will be allowed to set their own exchange …

Asian stocks mostly lower on weak Chinese housing data; Tokyo rises on strong machinery orders

BEIJING — Asian stock markets were mostly lower Monday after China reported a weak increase in housing prices. Oil gained …

China’s exports rebound in April to 0.9 per cent growth; imports subdued

BEIJING—China’s trade rebounded in April from the previous month’s surprise contraction but imports were subdued in another sign of the …

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