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23 Jun 2017

Tesla considers opening plant in China

American luxury electric carmaker Tesla has confirmed that it is considering opening its first plant in Shanghai to cater to the growing Chinese market.

31 Dec 2016

Gold, silver log out of 2016 on muted note, post annual gains

Halting its 4-day upmove, gold today plunged Rs 200 to Rs 28,300 per 10 grams on the last trading day of 2016, in keeping with a subdued trend overseas amid fall in demand from jewellers.

China's stock markets

30 Dec 2016

China's stock markets among world's worst performing in 2016

The benchmark Shanghai Composite Index (SCI) struggled towards the finish line Thursday down 12.5 percent for the year, compared to falls of 0.6 percent by the Hang Seng Index in Hong Kong and 2.2 percent for Japan’s Nikkei 300.

06 Aug 2015

Worsening China could put outlook at risk

BMW , the world`s biggest luxury carmaker, warned on Tuesday that its outlook could be at risk from any further deterioration in the Chinese market, where its sales have begun to fall for the first time in a decade.

21 Jul 2015

PayPal expects more growth in China

"China is a huge and very important market, with the growth rate of 35 to 40 percent in online payment," Rohan Mahadevan, PayPal`s Vice President of Asia Pacific, told Xinhua in an interview on Monday.

11 Mar 2015

Sony to launch PlayStation in China after delay

The company originally planned to launch PlayStation 4 consoles in China on January 11, but abruptly announced a delay only three days beforehand, giving no reason for the change.

12 Sep 2014

For US tech firms, China entices in spite of tight state control

The sheer size of the Chinese market is so alluring to Western companies that even pro-internet freedom firms like CloudFlare may have to put moral outrage to the side in their pursuit of new business.

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