FINANCE & ECONOMICS

Minsheng Tries Weathering a Maelstrom
A new shareholder has stepped in and a president has been forced out as winds of change blow through the bank
By staff reporters Wu Hongyuran, Ling Huawei and Yu Ning 02.26.2015
Ant Financial Subsidiary Starts Offering Individual Credit Scores

Ant Financial Subsidiary Starts Offering Individual Credit Scores

Sesame Credit's ratings to appear in Alipay mobile app and take into account range of factors, including whether friends are financially responsible

03.02.2015
Attempt to Gain New Investor Failed, New China Life Insurance Says

Attempt to Gain New Investor Failed, New China Life Insurance Says

Insurer said to want to issue extra shares, then changed course when large shareholder Central Huijin sought to cash out

03.02.2015
Minsheng Tries Weathering a Maelstrom

Minsheng Tries Weathering a Maelstrom

A new shareholder has stepped in and a president has been forced out as winds of change blow through the bank

02.26.2015
Great Wall Stall Frustrates Apple Pay in China

Great Wall Stall Frustrates Apple Pay in China

Apple Inc. has not yet cleared the way for its new mobile payment service to enter China

02.17.2015
Thinking Big in Guizhou with Big Data Business

Thinking Big in Guizhou with Big Data Business

A province in southwestern China is pushing the big data processing and storage business as a growth driver for the future

02.13.2015
No Raises Unless 2015 Is More Profitable, Gov't Tells SOEs

No Raises Unless 2015 Is More Profitable, Gov't Tells SOEs

Emphasis on profitability may mean SASAC is becoming concerned about a slowing economy, one expert says

02.12.2015

Donations from Top Philanthropists Double, but Most Money Goes Abroad

Alibaba's Jack Ma and Joseph Tsai gave huge gifts, but the funds went overseas

02.10.2015
First Round of Fundraising Values Ant Financial at US$ 30 Billion

First Round of Fundraising Values Ant Financial at US$ 30 Billion

National Council for Social Security Fund, Postal Savings Bank of China and CDB Capital are all negotiating for stake in Alibaba's financial services arm

02.10.2015
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