China’s government and companies are “rationalizing” their use of debt amid concerns over growing leverage on the mainland, Eugene Qian, chairman of UBS’ China strategy board, told CNBC’s “Street Signs” on Tuesday. “Over the period of high growth, the Chinese economy and in particular the corporate sector has accumulated a large amount of debt,” Qian […]

An ongoing probe into several of China’s largest overseas asset buyers is a healthy sign of political will and reflects how regulators are getting on top of things, an investor said Tuesday Last week, high profile Chinese companies, including billionaire Wang Jianlin’s Wanda Group, Anbang Insurance and Fosun were reportedly placed under scrutiny amid a […]

Electric propulsion technology can potentially make air transport cheaper, quieter, safer and more environmentally friendly, according to one of the co-founders of Solar Impulse, a company that is exploring the potential use solar-powered airplanes for travel. André Borschberg, chief executive and pilot at the Switzerland-based company, spoke to CNBC on the sidelines of the World […]

Asia’s oldest stock exchange BSE is aiming for one thousand new listings over the next four to five years as a rollout of the Goods and Services Tax (GST) on July 1 encourages more Indian companies to list their shares, Managing Director and CEO Ashishkumar Chauhan told CNBC. “BSE already has 5500 listings, and India […]

Concerns over start-up culture following former Uber CEO Travis Kalanick‘s high-profile departure from the company he co-founded may be prompting some to bucket such companies together, but this is “dangerous”, a senior technology industry executive said on Tuesday. “I think it’s a shame when there’s a generalization about unicorns or some aggregation of all businesses […]

DALIAN, China — Chinese Premier Li Keqiang delivered an address resoundingly touting the benefits of globalization notes during the first day of the World Economic Forum’s “Summer Davos” event in Dalian, China. During the speech, Li heralded globalization, saying that “it is bringing benefits to all countries,” although he acknowledged that countries may also face […]

Profits at China’s industrial companies surged 16.7 percent in May from a year earlier, accelerating from April and defying expectations of a slowdown in the face of rising borrowing costs and a cooling property market. Profits in May rose to 625.99 billion yuan ($91.52 billion), the National Bureau of Statistics (NBS) said on its website […]

The White House said on Monday it appears the Syrian government is preparing for another chemical weapons attack and it warned Syrian President Bashar al-Assad he and his military would “pay a heavy price” if it conducts such an attack. The White House statement said preparations by Syria were similar to those undertaken before an […]

Johnson Controls International expects double digit growth rates for its China operations within the next one to three years despite concerns over a slowdown in the world’s second-largest economy. Alex Molinaroli, chairman and CEO of the automotive parts maker, told CNBC at the sidelines of the World Economic Forum’s annual June meeting in Dalian, that […]

Sprint is in exclusive talks with Charter Communications and Comcast on a potential deal for the cable companies to offer wireless services on the carrier’s network, the Wall Street Journal reported late Monday, citing people familiar with the matter. The deal for exclusive talks through late July puts Sprint’s merger talks with T-Mobile US on […]