A Chinese man and his wife are set to become the country's wealthiest couple after their pharmaceutical firm's initial public offering garnered the highest ever share price in China's history, propelling the value of their stake to $6.24 billion.
China's Shandong Luneng sent former captain Jiao Zhe to the reserve team, suspended his salary and fined him 30,000 yuan ($4,400) for beating up a team-mate after a Chinese Super League (CSL) game last weekend.
The 26-year-old man is looking for some 1,500 Internet users to invest in an apartment, and the owner will be chosen on the basis of a lucky draw, reports the China Daily.
The BSE Sensex surged over 442 points to close at its life-time high of 38,694.11 and the broader NSE Nifty ended at a fresh record of 11,691.95, rising 134.85 points.
India will pay China over Rs 82 lakh annually for crucial flood data of the Brahmaputra to improve flood forecasting even as the two sides agreed to allow their water experts to conduct study tours on both sides of the river which originates in Tibet.
India's Sania Mirza overcame a fighting Meng Yuan in a three-setter to earn a shot at singles title of the US$ 50,000 ITF Challenger event in Lexington, United States. The second seed Indian beat sixth seed Chinese 6-1, 4-6, 6-4 in the semi-final of the hard court event.
The financial and commodity markets will continue to roil, as China's growth moderates and readjustments are made.
Reacting to market specific developments, the domestic unit touched a low of 66.74 in intra-day trade before concluding at 66.65.
Banking shares saw a renewed buying interest on the hopes of a rate-cut by the central bank post the easing of macro-economic data.
Some analysts argue that Beijing has been too cautious in lowering rates and freeing up cash in the banking system, keeping real interest rates too high given low returns on investment.
Consumption was the major driver, contributing 58.8 per cent to GDP growth
Quenching his thirst while on duty proved costly for Chongqing Lifan goalkeeper Sui Weijie.
China's Ministry of Finance said on Friday that it will sell 30-year book-entry treasury bonds worth 28 billion yuan ($4.1 billion) next week.
Take a look at these dazzling cars of the future.
'Post the pandemic, when India is turning a new leaf in its economic policy with an eye on foreign capital and global supply chains that are likely to leave China, heightened tensions on the India-China border creates an atmosphere of uncertainty,' observes Virendra Kapoor.
With a massive 108 megapixel camera and bezel-less wrap around display, Xiaomi's Mi Mix Alpha comes in a protective glass body that may tempt you to own it. But is it worth the price?
Formula One supremo Bernie Ecclestone is confident the Chinese Grand Prix will remain after 2010 but continued losses for the city of Shanghai make the future of the event less than certain.
Diane Wang's DHgate makes inroads into India's e-commerce ahead of Jack Ma's Alibaba.
From parity in 1980, China's economy has outgrown India's fivefold to $10 trillion
Yuan depreciation will make imports in China more expensive, depressing demand, especially for commodities.
Indian industry put forth its demands for cut down on income and corporate tax rates in a pre-budget consulatation meet.
In a country like India, where religion has deep roots, it is important for the party to make the stand clear on religion. It is not a question you can shy away from. The party should be open for a debate and then publicly announce a renewed stand, says Marxist MP Abdullakutty
China is the second largest spender on defence after the US. T
Online grocers like Bigbasket and localbanya witness surge in sales.
'The mood in Beijing is already nervous and feverously watchful.' 'Developments in China will be scrutinised as intensely and nervously as the ones in Washington,' says Claude Smadja.
business executive who was scheduled to be an Olympic torch bearer in central China has been disqualified amid charges he is involved in an illegal capital raising scam, state media reported on Thursday. Wu Zhenhai, former board chairman of an agriculture company in Shangqiu city of Henan province, i9s accused of improperly raising 610 million yuan ($87 million) from the public.
Chinese households on average had a net worth of 439,000 yuan (about $71,000) in 2012, up 17 per cent from the 2010 level, said the study by Peking University on China's livelihood development.
Look for companies whose earnings growth may not be great, but they are relatively debt-free.
Beijing has vowed the Olympic Games will take place under blue skies, not the murky "sauna" haze that has shrouded the city recently, but even on apparently clear days pollution levels may not be safe for athletes. Officials lavished 120 billion yuan ($17.6 billion) on cleaning up the capital with factories dozens of miles away closed down, construction halted, and over half the city's 3.3 million cars cleared from the roads.
At least 35 per cent, or $400 billion worth of goods, that are sourced from China could shift to countries such as India, Thailand, Vietnam among others over the next 10 years, according to a study by US-based retail and supply chain solutions firm DCB and Company. India is expected to take the lion's share of volume shift compared to its counterparts in the region, the study says, due to its IT prowess, infrastructure and agents network.
China's central bank will drop former leader Mao Zedong's face from six million new 10 yuan ($1.46) notes to mark next month's Olympic Games.
Currently Jack Ma owns 7.6 per cent of Alibaba and Joe Tsai owns 3.1 per cent.
China's new National Stadium, the centrepiece of the Beijing Olympics, was opened to international media for the first time.
'Both Japan and China face a common challenge: How to deal with Trump.' 'The trade war with the US seems to have facilitated/hastened Abe's China visit, the first by a Japanese prime minister since 2011,' points out Dr Rajaram Panda.
In photos: When people go to the heights of danger for a 'cool' selfie.
The freeway will cover 296.5 km at a budgeted cost of 4.02 billion yuan ($503 million), with the ADB providing a loan of $150 million.
The broader markets were also in top gear, with the BSE midcap index surging by 2.1% at 11,431 and the smallcap index gaining 1.4% at 11,735.
The US dollar surged to fresh one-year high after the Fed chief's testimony to the US Senate on Wednesday bolstered the expectations of interest rate hikes, though gradually.
Exports jumped 28.1 per cent to $120.49 billion and imports shot up by 40 per cent to $100.29 billion, the customs figures showed. China said recently that the US economic slowdown and the rising value of its currency, Yuan, were likely to lead to shrinking trade surplus.
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