Chinese state-backed investors are eying a stake in one of the domestically focused U.K. banks, and have hired lawyers at Norton Rose Fulbright in London to examine their options for gaining a foothold in the U.K. market, sources have told CNBC.
The U.S. Justice Department is probing Morgan Stanley for its hiring practices in China, according to a person familiar with the matter.
It's one of the largest wealth migrations of our time: hundreds of billions of dollars, and waves of millionaires flowing out of China to overseas destinations.
India has overtaken China as the most attractive investment destination, according to Ernst & Young (EY), with the sharp depreciation in the rupee and opening up of new sectors to foreign players boosting the South Asian nation's allure.
China may not have the most billionaires, but it does have the youngest.
China unveiled details of its 60-point reform plan, paving the way for sweeping changes in the world's second-biggest economy.
Chinese demand has been cited for the rise in the value of bitcoin past $400, but what does China mean for the future of the digital currency?
To promote its standing in China, JPMorgan Chase turned to a seemingly obscure consulting firm run by a 32-year-old executive named Lily Chang.
Industrial & Commercial Bank of China was added to the list of too-big-to-fail banks as global regulators revised the roster of lenders that must hold extra capital to prevent another financial crisis.
UBS's China venture plans to offer more computerized-trading services as it bets on a surge in demand from institutional money managers in the biggest emerging market.
Google has been hit by the departure of one of its leading talents. Xiaomi Tech, a fast-growing Chinese maker of cheap smartphones, has hired Hugo Barra, a senior Google Android executive, to spearhead its nascent global expansion.
The chief executive of GlaxoSmithKline has insisted the British drugs group had no knowledge of the alleged cash and sexual favours bribery scandal which has engulfed the company in China before the police arrested four of its senior Chinese executives last week.
GlaxoSmithKline has admitted that some of its senior Chinese executives broke the law in a £320m cash and sexual favours bribery scandal.