China

Internet

Google, Others Launch High-Speed Trans-Pacific Cable

A 9,000-kilometer (about 5,600 miles) high-speed, trans-Pacific submerged cable connecting the U.S. West Coast and Japan entered service Friday. Called the "FASTER Cable System," the six-fiber pair cable delivers 60-terabits ...
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China button

SPI Energy Rises on New Chinese Contracts

SPI Energy Co. Ltd. (NASDAQ: SPI) is watching its shares make a handy gain on Monday after it signed two new contracts with China. The company announced that its subsidiary ...
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wind power

China’s Largest Wind Turbine Maker Seeks New Markets

In 2015, China's Goldwind Science & Technology installed 7,800 megawatts of wind power generation capacity, the most of any country, displacing General Electric Co. (NYSE: GE) as the world's top ...
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Shanghai

Top Analyst Loves 2 Top Blue Chips With Big China Exposure

Any way you slice it, doing business in China is huge, and for one simple reason, the huge population. For years American companies have slowly but surely been making progress ...
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Online lending

Chinese Investor Increases Stake in LendingClub

Troubled peer-to-peer loan maker LendingClub Corp. (NYSE: LC) reported Monday in a filing with the U.S. Securities and Exchange Commission (SEC) that various entities of China-based Shanda Group acquired 57.74 ...
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Hardwood Floor

Lumber Liquidators Stops Sale of Remaining China-Made Laminate Flooring

After a tumultuous year thus far, Lumber Liquidators Holdings Inc. (NYSE: LL) looks like it might be on the road to recovery. The company has suffered ever since the cable ...
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China button

Analysts Bringing in Baidu Expectations

After U.S. markets closed Monday afternoon, Chinese internet search giant Baidu Inc. (NASDAQ: BIDU) announced revised revenue guidance for the current quarter and supplied an update on regulatory agencies' reviews ...
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China

China Oil Demand Could Skyrocket: 3 Top Stocks to Buy

It doesn’t take a genius to figure out that as the Chinese economy swings away from an export dependent model to a more services and consumer oriented one that demand for ...
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2016 Ford Edge

Ford’s China Sales Slip 2.5% in May

Sales of Ford Motor Co. (NYSE: F) vehicles in China totaled 88,248 units, according to a company announcement made early Wednesday morning. That represents a drop of 2.5% year over ...
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China button

Caixin’s Services PMI Shows More China Slowing

If economists need more proof that China is in the midst of a multiyear economic slowing, they can look to the Caixin's services purchasing manager's index (PMI) for May. It dropped ...
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Gross domestic product

Fitch Trims US GDP Expectations for 2016, Raises China GDP View

Throughout the first quarter of this year, particularly the first six weeks when markets were in free fall, it was more than common for global organizations, analysts and economists to issue ...
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Alibaba

Alibaba Reports SEC Investigation

In its annual report filing on Tuesday, Alibaba Group Holding Ltd. (NYSE: BABA) revealed that it is the subject of a U.S. Securities and Exchange Commission (SEC) investigation into possible ...
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100 dollar bills

Yum Authorizes Huge Share Repurchase Plan

Yum! Brands Inc. (NYSE: YUM) recently announced that its board of directors has approved a significant share repurchase plan for 2016. The board authorized a repurchase program up to $4.2 ...
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ECB

Eurozone Flash PMI Shows Threat of Sharp Economy Slowdown

Markit's Flash PMI for May was such that the research firm expressed alarm about broad economic results for the year's second quarter. As part of the three large economic regions ...
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China

Is Eldorado Gold Smart to Leave China?

If you have watched financial news and economics reports for a couple of decades or more, you might think it sounds crazy for any company to leave China. That isn't ...
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