(From Reuters)
China's Anbang Insurance Group Co has emerged from near obscurity 18 months ago to sign deals worth more than $30 billion, moving into the big league of global real estate and finance.
The Beijing-based firm has offered $12.8 billion for ...
(From AP)
COLOMBO, Sri Lanka--A Chinese company said Tuesday it will resume construction of a $1.5 billion port city project in Sri Lanka, about a year after it was suspended because of questions about its environmental impact.
CHEC Port City Colombo said ...
(From Reuters)
U.S. retail sales fell less than expected in February, but a sharp downward revision to January's sales could reignite concerns about the economy's growth prospects.
Tuesday's weak report from the Commerce Department bucked the trend of recent labor market data ...
Mark Mobius sees signs of optimism in the emerging markets, saying they have hit a turning point and may be ready to reverse course.
In a speech in Kuala Lumpur Tuesday, the executive chairman at Templeton Emerging Markets Group said, the ...