FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,
Chinese shares plummeted to extend the steepest four-day rout since 1996 on concern the government is abandoning market support measures. The Shanghai Composite Index tumbled 7.6 percent to 2,964.97 at the
China is exporting something new to the world economy: Fear. Global investors are quaking over the prospect of a devastating slump in the world’s second-biggest economy. And they’re fast losing confidence that China’s policymakers,
China cut interest rates yesterday for a fifth time in nine months in a new effort to shore up slowing economic growth. The benchmark rate for a one-year loan will be
World stock markets plunged yesterday after China’s main index sank 8.5 percent — its biggest drop since the early days of the global financial crisis — amid deepening fears over
A Chinese tourist held hostage for months by the Taliban has been freed in a government operation, Pakistani Interior Minister Chaudhry Nisar Ali Khan said. Khan made the announcement in a
China’s stock market fell yesterday by its biggest margin in eight years, defying the government’s multibillion-dollar effort to stop a slide that has wiped out the gains of this year’s
It’s a familiar pattern to any Beijing resident who lived through the Summer 2008 Olympics and a summit of world leaders last year: Anxious for big-ticket events to go off
Fighter jets flew low over Beijing yesterday as thousands of soldiers from China, Russia and other countries rehearsed for a military parade next month commemorating the end of World War II. The
An explosion at a chemical plant in eastern China killed one person and injured nine others, a state news agency reported yesterday, less than two weeks after a similar disaster at a
A unit of China’s Citic Group Corp. is planning to invest USD100 million in the San Francisco-based company, a person familiar with the matter said. Landing an investment from the state-controlled
Police in eastern China have launched a manhunt for a man accused of fatally stabbing his estranged wife and eight other people. The official Xinhua News Agency said the attacks
August in China has been anything but the quiet month of myth. Developments in the equity and foreign exchange markets and even the appalling industrial accident in Tianjin might seem
By official data, China is becoming safer from accidents year after year. But the explosions over the Tianjin port last week are a stark reminder that it has far to go in
Chinese workers in protective suits began clearing wreckage yesterday, including charred car bodies and crumpled shipping containers, from the site of a chemical warehouse that exploded last week, killing at
China’s volatile stock market is taking shareholders on a white-knuckle ride, threatening to drive out the small investors Beijing hopes will help pay for reforms of state industry. After falling 6.1
The Reuters news agency has reported that two key figures in Hong Kong’s pro-democracy movement have been charged with illegal assembly almost a year after students staged huge democracy protests
China will provide tax breaks to more small companies as policy makers seek ways to spur domestic consumption and boost an economy growing at the slowest pace in more than
The son of a former police chief is one of two silent owners of the warehouse for hazardous materials in Tianjin where explosions killed at least 114 people, and used
A Chinese-led consortium began preliminary work yesterday to salvage a South Korean ferry that sank last year, killing more than 300 people, officials said. South Korea awarded a USD73 million contract
Thunderstorms yesterday complicated recovery efforts from last week’s massive explosions at a warehouse in China’s Tianjin port that killed at least 114 people, left 57 missing and exposed dangerous chemicals — including
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