China

Perhaps Markets and Investors Should Be Cheering S&P Downgrade of China

When investors hear that one of the world's top credit ratings agencies has issued a sovereign downgrade of one of the world's biggest nations, it tends to bring more than ...
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S&P Cuts Credit Rating on China and Several of Country’s Top Banks

Standard & Poor's Global ratings announced Thursday morning that it has lowered its long-term rating on China's sovereign debt from AA− to A+ with a stable long-term rating. The ratings ...
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Best Enters the Market With a Bang

Best Inc. (NYSE: BSTI) entered the market with a bang on Wednesday. This Chinese logistics firm is backed by Alibaba Group Holding Ltd. (NYSE: BABA) and is the largest IPO ...
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Boeing’s Chinese Rival Sets Second Test Flight of Commercial Jet

Last May, China's first manufacturer of a commercial jet, Comac, conducted its first flight test of its competitor to Boeing Co.'s (NYSE: BA) single-aisle 737 and the Airbus A320. The ...
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North Korea: Country and Military by the Numbers

The government of North Korea launched a ballistic missile Thursday evening that flew over the Japanese island of Hokkaido before falling into the ocean. This is the second such North ...
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Alibaba Executives Announce Plan to Sell Up to 21.5 Million Shares

In a filing Wednesday with the U.S. Securities and Exchange Commission (SEC), Alibaba Group Holding Ltd. (NYSE: BABA) founder and Executive Chairman Jack Ma and Vice Chairman Joseph Tsai announced ...
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China to Join UK, France in Banning Future Sales of Petroleum-Fueled Vehicles

The biggest domino in the automobile industry has just begun to tip in the direction of electric vehicles. China, the world's largest maker and buyer of new automobiles, is going ...
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In Threat to Boeing, Chinese Jumbo Jet Will Use Chinese Engines

The concern that China will successfully build its own commercial jets and threaten the revenue of Boeing Co. (NYSE: BA) and Airbus took a step forward today. And the Chinese ...
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Best Prices IPO Over $1 Billion

Best has filed an amended F-1 form with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). The company Best intends to price its 62.1 million ...
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China to Build 167,000 EV Charging Stations

It soon will become easier to charge a Chevy Bolt or Tesla in China. The nation plans to build 167,000 charging stations. The move is bound to help electronic car ...
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Why Merrill Lynch Is Growing Much More Bullish on US Steel Stocks

Rising input costs and a more bullish stance on China have created a bullish sentiment in steel stocks recently. One analyst considered these global trends and raised its price targets ...
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North Korea: Country and Military by the Numbers

For the first time in a year, the government of the Democratic People's Republic of Korea (DPRK), more commonly known as North Korea, claims to have conducted a successful nuclear ...
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6 Most Important Things in Business Today

Gasoline prices have started to rise due to the effects of Hurricane Harvey. In some areas, they rose as much as 10 cents in a day. Lock-downs of refineries probably ...
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Best Hikes IPO Valuation to Unicorn Status

Best has filed an amended F-1 form with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). No pricing details were mentioned in the filing, but ...
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Why Jefferies Sees Huge Upside in Fiat Chrysler

Shares of Fiat Chrysler Automobiles N.V. (NYSE: FCAU) saw a handy gain on Wednesday after the auto manufacturer received the nod from a key analyst. This comes after the company ...
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