SHANGHAI has rebutted some media reports claiming that its ban on purchase of second home by single, or unmarried, buyers since February was a "new" tightening policy.  read more

THE global platinum market suffered an oversupply of 430,000 ounces last year as more than 2 million ounces were recycled, according to a recent report. British chemicals and precious metals company Johnson Matthey Plc said in a report that primary supplies of the metal grew 7 percent last year to 6.48 million ounces, a four-year high, mainly due to inventory releases from South Africa and higher output in North America.  read more

SHANGHAI has rebutted some media reports claiming that its ban on purchase of second home by single, or unmarried, buyers since February was a "new" tightening policy.  read more

FOREIGN direct investment in China fell for a sixth straight month in April as European investors continued to cut overseas spending.However, capital from Asia and the United States picked up. Inbound foreign investment was down 0.74 percent from a year earlier to US$8.4 billion last month, the Ministry of Commerce said yesterday.  read more

ATTEMPTS to form a government in Greece collapsed yesterday, jolting financial markets at the prospect leftists opposed to the terms of a European Union bailout could sweep to victory in a June election and nudge the eurozone crisis into a dangerous new phase.  read more

ATTEMPTS to form a government in Greece collapsed yesterday, jolting financial markets at the prospect leftists opposed to the terms of a European Union bailout could sweep to victory in a June election and nudge the eurozone crisis into a dangerous new phase.  read more

China's real estate market is entering a crucial period as cities across the country introduce new property policies, while the troubled sector's sensitivity to policy changes increases, reports the Chinese-language Securities Times.  read more

The Asia-Pacific will this year again be the world's best region in terms of economic growth, though it will expand more slowly than last year, according to a report by the United Nations Economic and Social Commission for Asia and the Pacific. The Chinese economy will grow 8.6% this year, the report said.  read more

Foreign direct investment in China fell for a sixth-straight month in April amid global economic woes. Year-on-year, FDI edged down 0.74% to US$8.4 billion in April, following a 6.1% drop in March, 0.9% decline in February and 0.3% fall in January, the Ministry of Commerce said Tuesday.  read more

Evernote, a cloud-based note-taking software provider, is making aggressive forays into China through collaboration with Chinese mobile-browser manufacturer UC Mobile and investments from China Broadband Capital (CBC Capital). At the TechCrunch Disrupt conference at the end of 2011, Evernote CEO Phil Libin was an unknown speaker. Yet within months he would become a highly sought-after interviewee for the media at the 2012 Global Mobile Internet Conference on April 10.  read more