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Factbox: Airbnb, Spotify among unicorns likely to list in 2018

The 2018 U.S. IPO market is expected to see the debut of some of the most anticipated unicorns — companies that have reached $1 billion in valuation without tapping the stock markets.

Friday Morning Briefing

The FCC rescinds U.S. net neutrality rules, more senators are wavering as the Republican tax vote nears and a shake up at Airbus ends weeks of succession speculation.

China raises market rates to fend off financial risks, growth cools

BEIJING/SHANGHAI China's central bank on Thursday nudged up money market rates as authorities sought to defuse financial risks without imperilling the economy, a balancing act that they have managed successfully so far this year as activity remained broadly steady.

Dec 15 2017

China November property investment growth slows, sales pick up

BEIJING Growth in China's property investment cooled in November as an official crackdown on riskier lending and stiffer regulation of the real estate market took effect.

Dec 15 2017

China raises short- and medium- term interest rates after Fed

SHANGHAI China's central bank nudged money market interest rates upward on Thursday just hours after the Federal Reserve raised the U.S. benchmark, as Beijing seeks to prevent destabilizing capital outflows without hurting economic growth.

Dec 15 2017

Beijing spared as smog triggers curbs on factories across northern China

BEIJING Smog warnings across northern China have forced authorities to order factories to reduce output, construction sites to slow work, and the enforcement of limits on the use of diesel-fueled vehicles on Thursday.

Environment, Dec 15 2017

While focus is on North Korea, China continues South China Sea buildup: think tank

WASHINGTON While attention in Asia has been distracted by the North Korean nuclear crisis in the past year, China has continued to install high-frequency radar and other facilities that can be used for military purposes on its man-made islands in the South China Sea, a U.S. think tank said on Thursday.

World, North KoreaDec 15 2017

Exclusive: China's CNPC weighs taking over Iran project if Total leaves - sources

BEIJING/LONDON China's top oil and gas company CNPC is considering taking over Total's stake in a giant Iranian gas project if the French company leaves Iran to comply with any new U.S. sanctions, industry sources said.

Dec 15 2017

China says its people have more civil, political rights than ever before

BEIJING China said on Friday that its people today enjoy the greatest level of political and civil rights ever, in a report issued just days after the European Union and United States expressed extreme concern over a deterioration in human rights in China.

World, United NationsDec 15 2017

China's industrial heartland struggles in Beijing's fight against smog

SHIJIAZHUANG, China Severe natural gas shortages are hitting businesses and residents across China's industrial heartland as an unprecedented government effort to clean up an environment devastated by decades of unbridled growth backfires. | Video

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