China has a debt problem. But research shows that it's not the industrial sector or state-owned enterprises (SOEs) to blame but the booming private property market.
During the darkest days for investors after the 2008 financial crisis that swallowed Lehman Brothers up like a sinkhole, the common wisdom was to hold tumbling shares and wait for better days.
Sony posted a $1.4 billion annual profit Thursday, boosted by strong sales of its PlayStation console, but analysts warned that slowing smartphone demand could hit a lucrative business that makes key parts for mobile devices.
With deep pockets and an environmentalist's zeal, retired American football player Syd Kitson dreamed up a plan to build the United States' first solar-powered town on a vast swath of rural land in southwest Florida.
The generation of young people who came of age during the new millennium – "millennials", as they're commonly known – has divided opinion like no other. Some have deemed them a self-pitying and entitled bunch; lazy, deluded ...
Mainstream political parties in Europe have failed to respond to the increasing public skepticism of the European Union, opening the door for nationalist political groups to gain more power, a University of Kansas researcher ...
British pop diva Adele and suave spy James Bond may be unlikely stars in Sony's turnaround, but the firm is betting they are key to a corporate makeover that analysts say still has a long way to go.
Media coverage of financial crisis may explain why people are not angrier about economy, study finds
Newspaper coverage of the financial crisis portrayed people as 'dehumanised consumers' rather than 'victims of a calamity' – which may explain why they are not angrier about the UK's economic position, a report has found.
China has used up too much energy and too many resources in its quest for growth, Premier Li Keqiang told visiting French President Francois Hollande Tuesday, adding it has a "duty to humanity" to clean itself up.
Chinese search giant Baidu said Thursday it expects a new travel services partnership to help drive future revenue as the country's middle class grows, after it reported better-than-expected third quarter earnings.