All the headlines from our China Topic Page, ordered by recency.
Oct 28 2014 // Net income climbed to 10.3 billion yuan ($1.68 billion), or 1.23 yuan a share, from 5.43 billion yuan, or 0.69 yuan a share, a year earlier, the company said in a statement to the Shanghai stock exchange.The benchmark...
Oct 23 2014 // LexisNexis Risk Solutions, a division of Reed Elsevier, plans to create a joint venture with Jing You, a private supplier of data, software and services to the insurance industry in the People’s Republic of China....
Oct 22 2014 // Towers Watson says that overall global growth in the next three to five years will be moderate and divergent on a country basis, and risks to global growth are skewed to the downside in its report entitled “Secular...
Oct 20 2014 // Hilton Worldwide is selling the Waldorf Astoria New York to Chinese insurance company Anbang Insurance Group Co. for $1.95 billion.Hilton will continue to manage the storied hotel for the next 100 years as part of an...
Oct 17 2014 // AIA Group Ltd., the second-largest insurer by market value based in Asia, posted a higher-than- expected value of new business growth of 23 percent in the third quarter, aided by expansion in its largest markets.The...
Oct 15 2014 // Concerned about potential security risks, the U.S. government is taking a close look at last week’s sale of New York’s iconic Waldorf Astoria hotel to a Chinese insurance company.U.S. officials said Monday they...
Oct 10 2014 // China’s Fosun raised its offer for Portugal’s Espirito Santo Saude (ESS) to 5.01 euros a share from 4.82 on Thursday, above U.S. firm UnitedHealth’s offer of 5 euros made directly to the bankrupt Espirito...
Oct 9 2014 // A.M. Best has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the issuer credit rating to “a” from “a-” of Taiping Reinsurance Company Limited (TPRe) (Hong Kong). The...
Oct 8 2014 // A federal judge in Louisiana has ruled that nearly 4,000 homeowners who say Chinese drywall ruined their homes are eligible to share any further damages he may award in lawsuits against Taishan Gypsum Co. Ltd., a...
Oct 7 2014 // New York City’s Waldorf Astoria hotel is set to become the biggest prize yet for buyers from China who have been pouring money into U.S. real estate as they seek stable investments outside their...
Oct 6 2014 // American International Group Inc. received harsher terms than other financial institutions in the 2008 financial crisis because regulators needed to send a message to markets that government help would cost them, Henry...
Oct 6 2014 // Hilton Worldwide Holdings Inc., the world’s largest publicly traded hotel operator, agreed to sell the landmark Waldorf Astoria hotel in Manhattan to China’s Anbang Insurance Group Co. for $1.95 billion.Hilton...
Oct 6 2014 // In the next 10 years, the clean technology market is expected to increase by more than 60 percent to nearly $400 billion worldwide, according to Clean Edge’s Clean Energy Trends 2014 Report – creating an enormous...
Sep 30 2014 // Fosun International Ltd., the investment arm of China’s biggest closely held conglomerate, is considering making more bets on insurers outside its home country, Chief Executive Officer Liang Xinjun said.“We...
Sep 26 2014 // Edouard (Eddie) Schmidt is responsible for Swiss Re’s Property and Specialty Sectors around the world, which covers around a lot of ground. He explained how much, and what some of the difficulties he encounters are...
Sep 23 2014 // A U.S. jury on Monday found Arab Bank Plc liable for providing material support to Hamas and said it must compensate victims of two dozen attacks attributed to the Islamic militant group in Israel and the Palestinian...
Sep 17 2014 // Nearly four years after a massive state-run steel mill on the outskirts of Beijing was closed to help cut smog in the Chinese capital, little has been done to clean up the contaminated site.The factory’s idled...
Sep 15 2014 // Hong Kong issued its third-highest storm signal for the first time this year as Severe Typhoon Kalmaegi sweeps past China’s financial center.The Hong Kong Observatory raised the No. 8 Storm Signal at 10:30 p.m. local...
Sep 15 2014 // Britain will become first Western government to issue an offshore bond in China’s renminbi currency, finance minister George Osborne said on Friday, deepening efforts to build financial links with the world’s...
Sep 10 2014 // Wall Street banks, including Goldman Sachs Group Inc. and Citigroup Inc., are rushing to issue U.S. dollar bonds in Taiwan after a rule change unlocked $586 billion of funds held by the island’s insurance...