Business News – Xinhua Headlines,Photos, Video

Alibaba takes control of HK-listed ChinaVision

China's largest e-commerce company Alibaba has agreed to buy a controlling stake in the Hong Kong-listed ChinaVision Media Group Limited, the latter said in a statement Tuesday.

EU adopts new fund for helping most deprived people

The European Union (EU) on Monday adopted the regulation on a new fund designed to support member states' efforts in helping the most deprived people in Europe.

Spanish economy to grow by 1.2 percent in 2014: CEOE

The Spanish economy will grow by 1.2 percent in 2014, according to latest prediction published on Monday by the Confederation of Business Organizations (CEOE).

•	Renewable energy consumption in EU up to 14 pct in 2012
•	China stocks slump on lackluster economic indicators
•	Tencent to buy 15 pct stake in JD.com
•	Germany's Hochtief announces intention to increase stake in Australia's Leighton
•	Japan downgrades Q4 GDP growth to annual 0.7 pct

Wholesale prices up 1.8 pct in Feb. in Japan

Japan's wholesale prices increased 1.8 percent in February for the 11th consecutive month of rise from a year earlier due to a weaker yen that increased material and fuel prices, said the Japanese central bank on Wednesday.

Alipay to issue online credit cards

Users of China's most popular online payment service, Alipay, will have the chance to apply for credit cards for online consumption starting next week.

Poland will join euro zone when ready: PM

Poland will join the euro zone when it is fully ready and the political crisis in Ukraine does not have anything to do with this decision, Polish Prime Minister Donald Tusk said on Monday.

China Economy >>

•	Alibaba takes control of HK-listed ChinaVision

•	Press conference on financial reform held for 2nd session of 12th NPC

•	China's Q1 economy to rise about 7.5%: SIC

•	First bond default signals market progress: Shenzhen exchange chairman

•	Lenovo CEO calls for legislation on personal information protection

Industries >>

•	Indonesia warned of consequences of massive coal exploitation

•	Cathay Pacific 2013 profit up 203.9%

•	Rise of revenue, decline of profit for FrieslandCampina

•	Wholesale prices up 1.8 pct in Feb. in Japan

•	Guest nights flat despite record visitors to New Zealand

World Economy >>

•	Japan's big firms answer gov't call to raise wages, but small ones yet to benefit from "Abenomics"

•	German labor force records longest working hours in 20 years

•	Eurozone industrial production down 0.2 pct in January

•	Eurozone industrial production down 0.2 pct in January

•	Venezuela reveals rules for new forex platform

Trade >>

•	Sentiment at Japan's large firms hits record high in Q1 of 2014

•	Croatian PM to discuss trade issues in New Zealand

•	FTA with South Korea draws mixed reactions in Canada

•	Britain's retail sales slow down in February

•	S.Korea opens beef market to Canada to expand auto exports

Finance >>

•	Singapore stocks end down 1.02 pct

•	KSE off record highs amid profit-booking

•	Philippine stocks decline on Japan's stimulus move

•	Indian stocks close higher

•	Singapore stocks close down 1.02 pct

Opinion >>

•	Japan's big firms answer gov't call to raise wages, but small ones yet to benefit from "Abenomics"

•	Interview: Tourism quandary becoming "major problem" for New Zealand economy

•	News Analysis: UniCredit's record loss delivers new blow to Italian banking sector

•	News Analysis: China gears down for economic health

•	GDP growth, inflation, employment all key factors for China’s 2014 economy

Video >>

China to establish five private banks as reform trials

Tencent buys 15% of JD.com's stake for $210 mln

Boeing 777-200 entered commercial service in 1995

Alibaba to expand into agricultural logistics

Biz China Weekly >>

March 3 - March 9

China's consumer price index (CPI), a main gauge of inflation, increased 2 percent year on year in February, marking easing inflationary pressure since the end of last year, official data showed on Sunday.

Special Reports >>

Experts refute western gloomy views on China's economic slowdown

Motor City Bankruptcy

Global Financial Crisis

Focus on Nongfu Spring's water stardard disputes

	Chinese rescue vessels carry out search mission

	China to free deposit rates within two years

	Yanukovych wants legal assessment of U.S.' Ukraine plans

	Freed Syrian nuns attend prayer in Damascus

	Adorable photos of newborns

	Craziest fans of extreme sports

	Liu Shishi covers Bazaar HK version

	Press conference on financial reform held for 2nd session of 12th NPC

	Queen Elizabeth attends service for Commonwealth Day in London

	Tour to Orchha