China is making efforts to keep the yuan from falling against the dollar, after concerns grow that Chinese firms with dollar debts may rush to pay off early before the Chinese currency further weakens, which could result in increased capital outflows.
As it turns out, the Capital Region was on a hunt for attracting a computer chip factory from not only Advanced Micro Devices, but also Intel and Samsung, former Senate Majority Leader Joseph Bruno reveals in own new memoir.
Abbott Laboratories (ABT) declared that it will end the acquisition of St.Jude Medical, Inc.STJ. Abbott Labs shares underperformed the Zacks classified Large Cap Pharmaceuticals industry in 2016. De facto, Abbott Labs lost 10.6 percent in 2016 as compared with a drop of 4.2 percent for the industry.
Alibaba-backed company Sinosoft Technology has denied allegations that it falsified its revenues and profits as claimed by ZhongKui Research in a report.
China is set to produce more steel this year but mostly for domestic use, amid efforts to reduce its output to address steel overcapacity.
Microsoft has been keeping a lot of their plans from the general public for quite some time now. However, they could make big announcements at this year's CES, especially about their self-driving car.
A single bitcoin was valued as high as $1,033 last Jan. 2, 2017, its highest for the past three years.
Two Chinese companies will be paying up Disney and Pixar after losing a copyright infringement case in a Shanghai court.
Global producers of commodities such as coal, iron and copper are expecting prices of metals to soar if China would buy metals in bulk as miners are looking at a boost in infrastructure spending by China to balance the decline in prices due to slow housing growth.
China is one step closer to eliminating a government monopoly dating back more than 2,000 years that controlled the price and trade of table salt in markets.
It is indeed a happy new year for Australian exporters as tariffs have been reduced under the Chinese-Australia Free Trade Agreement starting Jan. 1.
There is a silver lining in China's plan to shut down ivory production in the country amid mounting pressures from environmentalists to put an end to elephant poaching.
To some investors, the year end presents the perfect opportunity to assess their position and do some investment portfolio rebalancing if necessary.
U.S. President-elect Donald Trump is fighting a lot of legal battles in China over the use of his name in a wide range of products and services. In 2016, he filed 34 applications with the Trademark Office of the State Administration for Industry and Commerce.
Beijing will reduce the assured subsidized prices for all newly constructed large-scale solar power plants as well as onshore wind turbines for the electricity they supply to the country's national grid.
