China News
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Updated 21 minutes ago
Asian stocks declined as sales of previously owned homes in the U.S. trailed estimates and Shanghai pledged to keep property-market controls in place amid forecasts of slower growth in China.
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Updated 15 minutes ago
Australian Prime Minister Julia Gillard called a leadership ballot for Feb. 27, setting up a second showdown with her predecessor Kevin Rudd as weeks of escalating tension damage the Labor government.
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Updated 22 minutes ago
The U.S. is “cautiously optimistic” about talks in Beijing today with North Korea, the first such meeting since Kim Jong Il died in December and his son inherited leadership of the isolated, nuclear-armed country.
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Updated 15 minutes ago
Henry Tang, facing a public outcry over a basement built illegally, should quit the race to be Hong Kong’s next leader, according to two-thirds of respondents in a South China Morning Post poll.
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Updated 21 minutes ago
Portman Holdings Ltd., an Atlanta- based developer expanding in the Asia-Pacific region, plans to use its recently set up Hong Kong operation to tap international investors to fund property projects.
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Updated 1 hour, 1 minute ago
Iran’s refusal to let United Nations experts investigate allegations of illicit nuclear activities at a military base doesn’t inspire confidence for a return to negotiations with the international community, U.S. officials and nuclear-proliferation specialists said.
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Updated 1 hour, 40 minutes ago
Lawyers for Wynn Resorts Ltd. and Kazuo Okada, the director whose 20 percent stake in the casino operator was redeemed by Wynn, won’t be in court tomorrow for a hearing on Osaka’s request for documents.
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Updated 2 hours, 6 minutes ago
Bank of America Corp., the second- biggest U.S. lender, will accelerate its expansion in China after doubling profit and boosting its workforce in the world’s fastest-growing major economy last year.
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Updated 1 hour, 7 minutes ago
Siemens AG, the world’s largest maker of offshore wind turbines, said it underestimated the pace of growth in the Chinese wind market and will ramp up spending to catch up as local competitors increase their lead.
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Updated 16 minutes ago
Royal Dutch Shell Plc’s $1.6 billion bid for Cove Energy Plc starts a race to develop natural-gas fields off Mozambique’s Indian Ocean coast that may hold more gas than Norway’s entire reserves.
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