David Cao

The yuan was little changed against the dollar on Wednesday as the Chinese and U.S. administrations reiterated their positions regarding the value of the two countries' currencies ahead of their top-l...
A court in southeastern China's Fujian province has ordered the country's biggest gold miner, Zijin Mining Group, to pay a criminal fine of $4.6 million for toxic mine spills that highlight the challe...
China Citic Bank Corp. (0998.HK), the seventh-largest Chinese lender by asssets, warned Wednesday of severe risk in China's real estate market this year and said it plans to cut lending to the sector,...
A sandstorm which hit Shanghai on the first two days of May has significantly increased the level of respirable particles in the city and made Shanghai one of the most polluted city in the country, wi...
TELSTRA may increase its efforts to penetrate the world's most populous nation after naming Xiaowei Chen to lead its operations in China. Ms Chen, a former chief executive of Orange Sky Entertainment...
Beijing-based social networking site operator Renren Inc., formerly Oak Pacific Interactive, has amended its IPO filing with the U.S. Securities and Exchange Commission to raise its initial share pric...
Two prominent Beijing economists are urging the government to let the yuan float freely as a way to limit the country's immense foreign-exchange reserves, fight inflation and spur the remaking of the...
China’s home prices rose for the eighth consecutive month in April, Soufun Holdings Ltd. said today, defying government steps to cool prices. The latest gain underscores the challenge facing Premier W...
China shares rose on light volume on Tuesday helped by defensive sectors, though may follow Hong Kong stocks lower as investors persistently move money out of commodity-related sectors on uncertainty...
The Philippine Drug Enforcement Agency (PDEA) announced Tuesday that drug syndicate members, believed to be behind the recruitment of the late Filipino drug courier Elizabeth Batain, have been arreste...
Loss-making Saab has veered toward collapse in recent weeks after running out of cash to pay its bills. Several suppliers stopped delivering parts, halting production at Saab's Trollhattan plant for m...
The first scheduled Airbus A380 service landed in Shanghai recently, when Emirates flight EK302 from Dubai arrived at Shanghai Pudong International Airport. Shanghai has became the third destination i...