In China, single people are often subjected to tough lectures from relatives keen on reinforcing the importance of marriage and securing the family blood line and some are busy answering messages on a mobile app from desperate men looking to hire an instant girlfriend whom they can present to mom...

Fitch Ratings warned that new asset-quality risks for its banking system could be created by China's expansive overseas infrastructure lending through the One Belt One Road (OBOR) initiative.   Aimed at strengthening Chinese ties with more than 60 countries across Asia, Europe and East...

Analysts say that Apple’s perception that regulators are unlikely to put an end to what it considers the chip maker, Qualcomm's, unfair business practices is reflected by Apple's new legal assault on Qualcomm in the United States and China.   Qualcomm demands for a license fee based on the...

The U.S. based Environmental Protection Agency is of the view that a "very strong deterrent" to cheating by all automakers ha sbeen provided by the massive fines that were paid by Volkswagen AG and the criminal indictment of seven of its executives.   The penalties have had a big impact,...

Global crude markets will be brought into balance early this year as it is most likely that OPEC and other oil producers will comply fully with a deal to reduce supply, said Essam Al-Marzouk, the Kuwaiti Oil Minister.   Al-Marzouk said Wednesday at a conference in Kuwait City that some...

The U.S. Federal Reserve’s holdings are stuck at $4.5 trillion, and the question of when to let them shrink is beginning to simmer eight years after it launched the first of three controversial bond-buying campaigns to help save the U.S. economy.   To get the debate started, several policy...

One of the many gifts of globalization: when deals were still mainly national, twenty years ago, common markets, such as the NAFTA area or the Eurozone, have made bidding for deals across borders very common practices, even for relatively modest companies. But beware, selling to companies abroad...

As uncertainty over the terms of Britain's divorce from the European Union undermined appetite for risky assets and seeking shelter in gold and the Japanese yen, investors bailed out of sterling and stock markets in Europe and Asia on Monday.   After being hit by a lack of clarity over the...

As a result of a probe that stemmed from regulators' investigation of rival Volkswagen AG, Fiat Chrysler Automobiles NV has been accused of illegally using hidden software to allow excess diesel emissions to go undetected by the U.S. Environmental Protection Agency.   Since the maximum fine...

Drugs stocks were sent sharply lower after U.S. President-elect Donald Trump promised to change the pharmaceutical companies’ policy and rate of what they charge the government for medicines and said that the companies are "getting away with murder".   After his remarks at a news conference...

Cannabis stock has seen "amazing performance," is what one investor recently noted when being quoted in the media in relation to the relaxation for laws for the weed.   Cannabis production was described as a "professionalized industry that's becoming a real big market" by Juan Sartori,...