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Amid the shift to the so-called New Normal, China's GDP growth slowed to 7.3 percent for last year, the lowest in over two decades. And this figure is predicted to decline further this year, to even below 7 percent. But Yoshihisa Tabata with the Japa
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NEW YORK Britains Manchester United soccer team is in deep financial trouble despite its winning tradition that dates to 1878. Its fans are known to resent the clubs American owners, the Florida-based Glazer family, which wants to sell stock in the t
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Major stock indexes in the United States dropped sharply on Thursday. For many analysts, there are two main reasons for the market drop. One is the U.S. economy; the other is the European debt crisis. Jon Henes, a managing partner and financial exper
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The Internet is linking entrepreneurs in the developing world with investors in industrial nations through sites that broker small people-to-people loans. These so-called microloans go to family-owned businesses in Africa, Asia and other areas. A $2
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The Obama administration is trying to attract more foreign investors to boost the U.S. economy. Washington is encouraging U.S. firms to get out and compete for a larger share of the international market. U.S. Secretary of State Hillary Clinton says t
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BEIJING, June 26 (Xinhua) -- China's top legislature on Tuesday started to review a draft amendment that would impose new regulations on the country's privately offered funds, a move aimed at preventing illegal fundraising and trading. This was the f
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