World

Alibaba Group can be described as a data company, a top executive said, adding that the firm’s online marketplace Taobao’s greatest contribution is getting to know the consumers’ habits. The Chinese e-commerce group’s Chief Technology Officer Wang Jian...

The chairman of the state-owned China Resources (Holdings) Co. Ltd., Song Lin, has been sacked for “suspected serious violations of discipline and law”, the official Xinhua News Agency reported over the weekend. Song’s dismissal came after Wang...

Two Chinese engineers were abducted by unidentified men Friday while working at an oil field owned by a Sudanese petroleum company, Xinhua reported Sunday, citing sources at the Chinese Embassy in Khartoum. Xinhua quoted Sudanese media...

More than 1,000 policemen in Shanghai began carrying revolvers while on patrol Sunday as the administration tightened public security to deal with serious violent crimes, Xinhua news agency reported. The Ministry of Public Security invested in...

China Resources executives visited key business units to shore up morale after chairman Song Lin was removed because of a corruption investigation, the South China Morning Post reported Monday. Song, 51, was sacked from his jobs...

The Taiwan Affairs Office of China’s State Council has rejected a proposal to renegotiate a service trade pact with Taiwan despite the strong public protests in Taipei over the deal, Global Times reported Wednesday. Fan Liqing,...

MTR Corp. (00066.HK) lied when it blamed bad weather for the expected delays in the completion of Hong Kong’s high-speed rail link to Guangzhou as it knew budget overruns and changes in details of the projects would...

The government’s Mega Events Fund (MEF) may have improperly allotted funds for many events including the Hong Kong Dragon and Lion Dance Festival (DLDF), the Hong Kong Audit Commission said in report released Wednesday. The auditor...

More than two million people will join the ranks of “mass affluence” in China this year, taking the national total to 14.01 million, Forbes China said Wednesday. Individuals must have between 600,000 yuan (US$96,500) and 6...

Tragedy turned into a comedy of errors in Nanchang, Jiangxi province, Monday when uniformed city management officers gave chase to a man they mistook for a vagrant pasting notices for a missing person on pillars at...

Nineteen-year-old Betty Wong, who recently gained admission into the University of Hong Kong’s medical school, has revealed on Facebook that she was an illegal immigrant until January this year, Apple Daily reported Thursday. Since entering Hong...

Copper prices are recovering after taking a hit last month on concerns that a slowdown in China — the world’s biggest buyer of the metal – would hurt demand, the Wall Street Journal reported Wednesday. Bets on falling prices...

China has a clear goal this year to focus on development of rural areas by enhancing financial support for related projects, a statement showed Wednesday after a cabinet meeting chaired by Premier Li Keqiang. Multiple work...

Federal Reserve Chairwoman Janet Yellen said the US must be mindful of how short the Fed is of its goals of full employment and price stability, Bloomberg News reported. “The larger the shortfall of employment or...

Average Chinese disposable incomes rose 11.1 percent year on year to 5,562 yuan (US$908.82) in the first quarter, China Daily reported Wednesday, citing National Bureau of Statistics data. Adjusted for inflation, the figure was up 8.6 percent....

China has taken steps to bolster the economy just hours after saying gross domestic product grew 7.4 percent in the three months to March, its slowest pace in 18 months, Shanghai Daily reported Thursday. The government...

China’s gross domestic product grew 7.4 percent in the first quarter from the same time last year, easing from 7.7 percent growth a year earlier and for the full year, according to data released Wednesday by...

Workers at a large Dongguan-based footwear company, which is a major supplier of Nike and Adidas, went on strike over social security contributions and other labor disputes, threatening to disrupt the factory’s production schedule, China Business News...

Manila mayor and former Philippine president Joseph Estrada will visit to Hong Kong next Tuesday to apologize for the 2010 Manila hostage crisis, which left eight Hong Kong tourists dead, China News Service reported Wednesday, citing...

A legislative councillor has accused former justice secretary Elsie Leung Oi-sie of a conflict of interest over her links to the case of fugitive Oriental Daily News co-founder Ma Sik-chun, Apple Daily reported Wednesday.  Legislative Councillor Lee...