MarketWatch

Alibaba-backed Best files for IPO

Best Inc., a logistics and supply chain company that integrates online and offline retailer, and is backed by Alibaba Group Holding Ltd. , has filed for an initial public offering of American depositary shares. The Hangzhou, China-based company's offering will consist of Class A ordinary ...

MarketWatch

Rio Tinto rebuffs Glencore again

LONDON--Rio Tinto PLC (RIO.LN) rebuffed another sweetened offer from mining and commodities rival Glencore PLC (GLN.LN) for its Australian coal assets, restating its preference for Yancoal Australia Ltd.'s own improved offer of $2.69 billion.

MarketWatch

More than 140 feared lost in devastating China landslide

As many as 120 people were believed to be buried in southwestern China following a landslide on Saturday devastated a mountain village in Sichuan province, according to local reports. The landslide occurred at 6 a.m. local time, the Chinese state-run broadcaster China Central Television reported....

MarketWatch

China crude-oil imports hit 2nd highest level ever

China's crude-oil imports rose to their second-highest level in May as refineries there were eager to capitalize on still-healthy refining margins amid low crude prices. Analysts say China's ongoing effort to fill the nation's strategic petroleum reserve also contributed to last month's rise. In ...

MarketWatch

Tesla considers building car factory in China

Tesla Inc. said it is exploring with government officials in Shanghai the possibility of opening a facility to build electric vehicles for the Chinese market. The Silicon Valley auto maker reiterated Thursday it plans to define its production plans for China by year's end. China, the world's ...

Top Stories