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Between 2010 and 2015, sales of new cars in China grew at a compound annual growth rate of 12.3%. Over the next five years, the growth rate is forecast to tumble to just 5%. The slowdown is largely...
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Yintech Investment Holdings has filed with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO).
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The absence of a decision to freeze oil production at a meeting of some of the world's largest oil-producing nations has scuttled the most promising chance to push crude prices higher.
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Although it may have been above some estimates, China's economy grew less than 7% in the first quarter, according to China's National Bureau of Statistics.
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Most of the IMF's latest World Economic Outlook centers around even slower global growth in gross domestic product for 2016.
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The SEC has announced that Las Vegas Sands has agreed to pay $9 million in penalties to settle charges that it violated the Foreign Corrupt Practices Act.
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Passenger car sales rose 11% in China last year, the slowest pace in the past three years. And more than half of foreign brand sales were outside the country's largest cities.
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Yintech Investment Holdings has filed with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO).
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China is the world's largest consumer of imported oil, moving ahead of the United States two years ago. So a better Chinese economy risks a greater hunger for crude.
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News that McDonald's is looking to further grow its empire of golden arches with an expansion into the Far East markets helped push its shares to a new multiyear high on Thursday.
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Worldwide shipments of curved-screen TV monitors totaled 900,000 in 2015 and are expected to double in 2016.
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McDonald's will chase other American companies more deeply into Asian markets on the gamble that it can accelerate global growth bogged down by poor results in its home market.
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A Chinese consortium has raised its bid for Starwood Hotels and Resorts to an offer that appears to be superior to last week's offer from Marriott International.
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GM's greatest enemy in China may not be competition. It may be air pollution. Many days, car traffic in big cities is cut in half by government restrictions.
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Hutchinson China MediTech will offer more than 7 million American depositary shares at $13.50 apiece in and IPO valued at up to more than $116 million.
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