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>> CHINA Latest News

1 HOUR AGO - Yahoo! News

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Hyundai Motor first-quarter profit misses estimates, hurt by slow U.S. sales

By Hyunjoo Jin SEOUL (Reuters) - South Korea's Hyundai Motor missed analyst estimates by posting first-quarter net profit that was almost identical to a year earlier, as lackluster U.S. performance offset increased sales in China and Korea. Shares of Hyundai fell over 2 percent after the automaker reported January-March net profit of 1.93 trillion won ($1.86 billion), compared with the ...

Tags: Hyundai Motor first-quarter profit misses estimates, hurt by slow U.S. sales,  China Latest News

2 HOURS AGO - Yahoo! News

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Exclusive: Marubeni says Chinese authorities detain three staff at grain unit

By James Topham and Niu Shuping TOKYO/BEIJING (Reuters) - Three employees at one of Marubeni Corp's grain trading units in China have been detained by authorities, the Japanese trading house said on Thursday, a move industry sources said was prompted by allegations of tax evasion on soy bean imports. The employees worked at a Chinese unit of Marubeni's Columbia Grain, ...

Tags: Exclusive: Marubeni says Chinese authorities detain three staff at grain unit,  China Latest News

3 HOURS AGO - Yahoo! News

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Qualcomm faces China bribery allegations from U.S. regulator

By Noel Randewich SAN FRANCISCO (Reuters) - Leading mobile chipmaker Qualcomm said on Wednesday it could face a civil action from U.S. authorities over alleged bribery of officials associated with state-owned companies in China. With smartphone sales tapering off in the United States, China is a major market for Qualcomm, but doing business there has included disagreements over royalties and ...

Tags: Qualcomm faces China bribery allegations from U.S. regulator,  China Latest News

3 HOURS AGO - Yahoo! News

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China to open 8 state industries for investment

BEIJING (AP) — China's government says it will open 80 projects in eight state-run industries to private and foreign investors as part of efforts to make its slowing economy more efficient.

Tags: China to open 8 state industries for investment,  China Latest News

3 HOURS AGO - MarketWatch

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Caixin Online: China regulator looking into Alibaba founder’s deal

China’s securities regulator consults large securities firms and fund companies regarding the proposed acquisition of a leading financial-software provider by Jack Ma, the founder and chairman of e-commerce giant Alibaba Group, reports Caixin Online.

Tags: Caixin Online: China regulator looking into Alibaba founder’s deal,  China Latest News