Lavish wedding thrown for daughter by Chinese police officer sparks outrage, investigationPolice in southern China are investigating a lavish wedding banquet thrown by a senior police officer for his daughter following media criticism, news reports said Tuesday. Scrutiny over Sunday's banquet in the southern boomtown of Shenzhen underscores outrage ...

China's state-owned Shenzhen Nanshan Power has said it will not pay 80 million dollars to a Goldman Sachs unit for alleged defaults on oil-hedging contracts. The thermal power generator and Goldman are battling over the reason why the contracts were terminated, and Nanshan said in a statement to the ...

Chinese shares closed up 1.51 percent on Monday as sentiment was boosted after Premier Wen Jiabao said that Beijing would maintain economic stimulus measures, dealers said. The Shanghai Composite Index, which covers both A and B shares, was up 47.43 points at 3,188.79 on turnover of ...

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