China News

Chinese government today officially awarded the long-awaited licenses for third generation (3G) mobile network to the country's three telephone operators...The Chinese government hopes the new telecom investment following the 3G licensing would help stimulate the country's slowing economy...

Chinese Vice Foreign Minister Wang Guangya held talks with visiting U.S...Negroponte Wednesday morning. "Since you have participated and experienced the normalization of Sino-U.S. ties, your attendance at the celebrating activities is of special importance," Wang said in his opening remarks....

The move comes after the building's owner made the surprise decision to donate it to the city where the kung fu icon first shot to fame, and follows a long-running campaign by fans. The two-story 5,700 sq ft (61,354 sq...

The yen continued to lose ground against the dollar, buoying shares in Japanese exporters, and crude oil prices dipped modestly after briefly touching above $50 a barrel overnight, their highest point since December 1...The chairman of heavyweight tech firm Satyam...

Chinese equities ended a two-day bullish run and closed Wednesday's trading slightly lower as investors chose to collect gains. The benchmark Shanghai Composite Index dipped 13.13 points, or 0.68 percent, to 1,924.01. The Shenzhen Component Index dropped 69.52 points, or...

Cathay Pacific Airways ( 0293.HK ), Hong Kong's dominant airline, said on Wednesday 2008 earnings will be disappointing due to weak revenue and losses on fuel hedging -- its second profit warning in about two months. The airline said it...

China announced Monday it was cracking down on major websites, including search engine giants Google and Baidu, over the spread of pornography and other material that could corrupt young people. China's Ministry of Public Security and six other government agencies...

The net is tightening around China’s richest man with the detention of his wife amid a police investigation into possible financial offences by the businessman who founded the country’s biggest appliance chain. State media said Du Juan, 37, was now...

Shares of Satyam Computer Services plunged more than 50% in Mumbai Wednesday, after the founder and chairman of India's fourth-largest software company resigned, saying the company had inflated its cash and bank balances on the balance sheet of more than...