China

China hands drugmaker GSK record $489 million fine for paying bribes

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SHANGHAI/LONDON - China fined GlaxoSmithKline Plc a record 3 billion yuan ($489 million) on Friday for paying bribes to doctors to use its drugs, underlining the risks of doing business there while also ending a damaging chapter for the British drugmaker.

UPDATE 4-China hands drugmaker GSK record $489 mln fine for paying bribes

* Former China head gets suspended sentence, to be deported

19 Sep 2014

Emerging markets veteran to focus on governance risks at new consultancy

LONDON, Sept 19 - Emerging markets veteran John-Paul Smith, known for predicting Russia's 1998 crisis, plans to highlight the sector's corporate governance problems in his latest venture as an independent consultant.

19 Sep 2014

Opportunists cash in on delayed iPhone launch in China

SINGAPORE/TOKYO - Lured by the promise of profit from smuggling the new iPhones into China, opportunists joined the thousands of Apple Inc fans lining up to buy the devices as they were launched on Friday across Asia.

19 Sep 2014

Opportunists cash in on delayed iPhone launch in China

SINGAPORE/TOKYO - Lured by the promise of profit from smuggling the new iPhones into China, opportunists joined the thousands of Apple Inc fans lining up to buy the devices as they were launched on Friday across Asia. | Video

19 Sep 2014

UPDATE 1-China's c.bank lends $81.4 bln to top banks -CCB chairman

BEIJING, Sept 19 - China's central bank has issued 500 billion yuan ($81.4 billion) worth of three-month loans to the country's five biggest banks, state news agency Xinhua quoted China Construction Bank Chairman Wang Hongzhang as saying on Friday.

19 Sep 2014

China power plants exempt from ban on using low-quality coal: sources

SHANGHAI/MELBOURNE - China's bid to limit the consumption of low-quality thermal coal in major cities to help curb pollution will not apply to power plants, traders and utility sources said, exempting a sector responsible for half the country's coal use.

Environment, Environment 19 Sep 2014

UPDATE 1-China power plants exempt from ban on using low-quality coal -sources

(Updates to confirm new coal policy, change sourcing to NDRC)

19 Sep 2014

China separatism trial of Muslim scholar ends, verdict next week - lawyer

BEIJING - China's trial of a Uighur scholar on separatism charges completed its two days of evidence on Thursday, and his lawyer said a verdict in a case that has drawn international criticism would come next week.

19 Sep 2014

China's low-quality coal ban will not apply to power plants - sources

SHANGHAI/MELBOURNE, Sept 19 - China's bid to limit the consumption of low-quality thermal coal in major cities to help curb pollution will not apply to power plants, traders and utility sources said, exempting a sector responsible for half the country's total coal use.

19 Sep 2014

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