Focus Media Holding Ltd, a digital advertising firm, has denied accusations by Muddy Waters that it overstated its assets, the latest U.S.-listed Chinese company to be targeted by the influential short-seller. A
Hong Kong shares fell for a fifth consecutive session on Monday, dragged lower by financial and property stocks after Chinese Vice-Premier Wang Qishan warned the global economy is in a grim state,
China has confirmed to visiting U.S. officials that Beijing plans to pour $1.7 trillion into the so-called "strategic sectors" over the coming five years, the U.S. Commerce Secretary John Bryson told reporters
Bulgaria and Turkey will sign a political accord to back the construction of a pipeline aimed to link the gas systems of the two neighbours and allow Caspian natural gas flows to
Greece's new prime minister headed to Brussels on Sunday to fight for the aid Athens needs to avoid bankruptcy, even as one of his coalition backers refused to give a written pledge
Asian shares fell on Monday as uncertainty remained over how euro zone leaders would respond to mounting funding difficulties for European banks, and an apparent failure by U.S. politicians to agree on
Angela Merkel and David Cameron will try to resolve clashing views on the euro crisis on Friday with London accused of being selfish for opposing a tax on banks and Berlin touching
Asian shares fell for a fourth day in a row on Friday as Europe's funding difficulties intensified, with Spanish borrowing costs hitting an unsustainable level and premiums for dollar funds rising further.
Dutch state-owned bank ABN AMRO on Friday slumped to a third-quarter loss due to a 500 million-euro writedown on Greek corporate loans and bonds. "Uncertainty as a result of the sovereign debt
Britain's banks have shrunk their lending exposure to peripheral euro zone counterparts by a quarter in just three months, the Financial Times reported on Friday. According to data compiled by the newspaper,
