Tesla Delivers First China Cars
SWI Editorial Staff2014-04-22T10:35:04-07:00Tesla Motors made its first delivery in China on Tuesday, handing over eight all-electric sedans to eager customers at a launch event in Beijing. (April 22)
China’s love of luxury cars undimmed by domestic troubles
SWI Editorial Staff2014-04-21T09:07:53-07:00China's desire for luxury cars remains undimmed by an economic slowdown and political austerity drive as the country's growing band of wealthy motorists set their sights on high-end wheels. In a lavish event off Tiananmen Square, ahead of the opening…
Ford launches luxury Lincoln brand in China
SWI Editorial Staff2014-04-18T10:07:36-07:00Ford Motor launched its luxury Lincoln car brand in China on Thursday, just days ahead of Beijing's auto show in the world's largest car market. Ford, the second-largest US automaker, said the Lincoln was designed specifically for China customers. The…
Alibaba preparation for US listing
SWI Editorial Staff2014-03-17T09:56:34-07:00Chinese e-commerce giant Alibaba confirmed on Sunday it plans to list in the United States after ruling out Hong Kong and London. "Alibaba Group has decided to commence the process of an initial public offering in the United States. This will make us…
European stocks mixed
RP Admin2014-03-11T18:37:01-07:00Europe's main stock markets traded mixed on Monday as investors responded to economic data from China and the United States. On the corporate front, US-based Chiquita Brands and Ireland's Fyffes Plc said they were merging in a deal that would create…
Asian shares slip on weak China
SWI Editorial Staff2014-02-20T20:27:04-08:00Asian markets slumped on Thursday, as China manufacturing data showed the world's second-largest economy losing strength and Japan logged its worst-ever January trade deficit. HSBC's preliminary reading for its purchasing managers' index (PMI), which…
China’s Baidu paints New Year travel map from mobiles
SWI Editorial Staff2014-02-19T20:42:44-08:00Pale blue, fibre-optic-like lines linking dots in an outline of China emerging from darkness -- technology giant Baidu has launched an astronomical chart-style image of the country's New Year travels. The chart, tracking the mobile phone data of travellers…
Renren Sells Remaining Stake In Nuomi to Baidu
SWI Editorial Staff2014-01-24T09:45:10-08:00BEIJING, January 24, 2014 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren"), a leading real-name social networking internet platform in China, announced today that Baidu Holdings Limited, a subsidiary of Baidu, Inc. (NASDAQ: BIDU), Nuomi Holdings…
China’s first stock listing in 14 months surges on debut
SWI Editorial Staff2014-01-17T11:54:49-08:00The first stock market listing in China for more than a year leaped more than 40 percent on its debut Friday after authorities ended a freeze on initial public offerings. Neway Valve (Suzhou) Co. soared 43.49 percent from its listing price to close…
Bitcoin and the China effect: We’re not in Kansas anymore
RP Admin2013-12-19T23:38:21-08:00By Michael Carney On December 19, 2013 A series of anti-bitcoin actions by the People’s Bank of China (PBOC) over the past two weeks sent bitcoin’s price on a wild ride over the last 48 hours. It reached a 30-day-low of $422 yesterday, down 43 percent…
