Telefonica finalises $15 billion sale of UK unit to Hutchison

Last Updated: Wednesday, March 25, 2015, 09:23

Spain`s Telefonica said it had finalised a deal to sell its British mobile business O2 to Li Ka-shing`s Hutchison Whampoa <0013.HK> for 10.25 billion pounds ($15.2 billion), confirming details announced earlier this year.

Xiaomi announces association with Li Ning to create smart running shoes

Last Updated: Wednesday, March 18, 2015, 13:48

Xiaomi has announced an association with Chinese sportswear company Li Ning to create a range of smart running shoes that will work in concert with a phone-based app.

China stocks hit highest level in almost seven years

Last Updated: Tuesday, March 17, 2015, 10:36

The Shanghai Composite Index was on track to rise for a fifth consecutive day, hitting the highest level since June 2008, and standing firmly above 3,400 points - seen by many as a level where many investors tend to reduce holdings.

China's TCL Corp to build factories in India, Brazil

Last Updated: Monday, March 16, 2015, 15:32

TCL Corp`s revenue increased 18.4 percent to $16.44 billion last year, led by a 60.3 percent sales growth at TCL Communication Technology Holdings Ltd, the group`s handset manufacturer.

Merkel urges closer tech ties with rising IT giant China

Last Updated: Monday, March 16, 2015, 02:41

German Chancellor Angela Merkel on Sunday urged closer high-tech cooperation with China as she opened a major IT business fair where the Asian giant is the official partner country.

China has host of policies to halt GDP slide: Premier Li

Last Updated: Sunday, March 15, 2015, 16:55

China's economy is facing considerable pressure due to the slowdown but the government has a host of policies to halt the slide, Premier Li Keqiang today said as he tried to allay fears about flagging growth in the world's second largest economy.

Alibaba's Jack Ma dethroned as China's richest by solar magnate: Report

Last Updated: Tuesday, February 3, 2015, 18:33

Alibaba Group Holding Ltd`s Jack Ma is no longer China`s richest man, according to a report on Tuesday, with the top spot snatched by Li Hejun, a solar energy entrepreneur whose Hanergy Holding Group Ltd has come under fire for its intragroup dealings.

China's Li says to create 10 million jobs in 2015: China Daily

Last Updated: Tuesday, January 27, 2015, 06:03

China`s Premier Li Keqiang pledged to create at least 10 million new jobs in 2015, the state run China Daily newspaper said on Tuesday, despite economic growth that slowed to its weakest pace in nearly a quarter of a century last year.

Li Ka-shing's Hutchison to buy Telefonica UK unit for $15bn: Source

Last Updated: Friday, January 23, 2015, 09:31

The proposed deal comes close on the heels of the biggest business restructuring undertaken by Li`s empire earlier this month.

Li rules out systemic risks to Chinese economy

Last Updated: Thursday, January 22, 2015, 13:46

Allaying apprehensions over the Chinese economy slowing down to a 24-year low, Premier Li Keqiang pledged to advance comprehensive reform and open China wider to foreign investors while ruling out possibility of systemic financial risks due to fluctuations in the real estate market.

Chinese economy not heading for 'hard landing': Li Keqiang

Last Updated: Thursday, January 22, 2015, 00:45

Addressing a gathering at the World Economic Forum (WEF) here, he asserted that China would continue to move on the path of reforms and encouraging innovation.

Hollande join Merkel, Li at Davos next week as world at `crossroads`: WEF

Last Updated: Wednesday, January 14, 2015, 21:46

World leaders including France`s Francois Hollande, Germany`s Angela Merkel and China`s Li Keqiang will gather at the annual Davos forum next week, seeking to chart a path away from fundamentalism towards solidarity.