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Mitsubishi loses US$90 million in China in suspected fraud by copper trader, sources say

Mitsubishi Corp. has suffered a loss of more than US$90 million in China after uncovering suspected fraud by one of…

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New Business

Russia’s ‘economic isolation’ seen benefiting China amid fresh US sanctions

The US Treasury’s latest round of sanctions to further curtail Russia’s use of the international financial system is likely to…

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New Business

Hilton to maintain breakneck China expansion pace, targets 100 new hotels per year

Global hotel chain operator Hilton is bullish over the growth potential of mainland China’s leisure travel market and plans to…

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