Business

Planning to Buy, Sell, Rent a Property? Use China-based App WeChat

Charissa Echavez   | Nov 17, 2015 09:03 AM EST

Today, selling, renting and buying a property can be only a tap away. Just the thought of transacting multi-million valued properties via social media seems mind blowing, however, in China, this unconventional idea has been made possible thanks to the messaging app WeChat. read more

Walmart Black Friday 2015 Deals: HP Laptop For $199, Tablet For $28, Xbox One Bundle $299 And Roku HD TV For $125

Aishwarya Bhatt   | Nov 16, 2015 10:00 AM EST

Black Friday 2015 ads for Walmart were recently leaked online and they are full of some great products at exciting discounts. read more

China's New Silk Road to be Boom or 'Dust' for Pakistan

Elena Garcia   | Nov 15, 2015 11:31 AM EST

China's new Silk Road could be boom or "dust" for Pakistan. Locals living in the region bordering China are yet to be convinced about the benefits that they will receive from the initiative as the Silk Road gets under construction in northern Pakistan. read more

China's Currency Gets Key Backing From IMF

Elena Garcia   | Nov 15, 2015 01:02 PM EST

The head of the International Monetary Fund, Christine Lagarde, says that she supports the bid to add China's yuan to the organization's exclusive club of the world's top currencies. read more

China's Yuan Takes Leap Toward Joining IMF Currency Basket

Elena Garcia   | Nov 14, 2015 06:07 AM EST

China's yuan moved one step closer to joining other top global currencies in the International Monetary Fund's benchmark foreign exchange basket on Friday. It happened after Fund staff and IMF chief Christine Lagarde gave the move the thumbs up. read more

PayPal Completes Acquisition of Xoom

Elena Garcia   | Nov 13, 2015 10:36 AM EST

PayPal Holdings Ins on Friday announced that it has completed its previously announced acquisition of Xoom Corporation. read more

Chinese Workers to Receive Second Highest Pay Raise in Asia in 2016 - Study

Desiree Sison   | Nov 13, 2015 04:55 AM EST

Chinese office workers have a lot to be excited about following the release of an international survey on Thursday, which revealed that they will receive the second highest wage hike in Asia next year. read more

Chinese Auto Industry Shows Strong Growth

Michael A. Katz   | Nov 12, 2015 07:21 PM EST

China's auto industry reported its sharpest sales increase in almost a year in October, according to a report from the China Association of Automobile Manufacturers (CAAM). read more

Alibaba Breaks Record for Single Day Sales, Topping $11 Billion Estimate

Elena Garcia   | Nov 13, 2015 08:52 AM EST

Chinese e-commerce company Alibaba recorded $14.3 billion in sales on Singles Day this past Wednesday; breaking its record last year during the same time and going past its estimates of $11 billion worth of sales. read more

Icahn's Fontainebleau Strip Casino-Hotel for Sale at $650M

Elena Garcia   | Nov 13, 2015 08:35 AM EST

Las Vegas Strip casino hotel Fontainebleau is up for sale, and billionaire investor Carl Icahn, who bought it out of bankruptcy in 2010 for $150 million, is offering to sell it for a whopping $ 650 million. read more

Apple Continues Operating in Ireland Despite Looming EU Tax Ruling

Phenny Lynn Palec   | Nov 12, 2015 08:15 AM EST

Apple chief executive officer Tim Cook recently announced that the company's operations in Ireland will continue, and even expand, despite a the looming European Union tax ruling that could hurt its business. read more

Tencent's Stock Gains in Hong Kong On Q3 Performance

Mars Woo   | Nov 12, 2015 04:38 AM EST

Shares of Chinese Internet giant Tencent soared 2.31 percent on the Hong Kong Stock Exchange on Thursday, after receiving upgrades from HSBC, data released by the Hong Kong bourse showed. read more

Undercover Video Shows U.S. Meat Company Maltreating Pigs

Desiree Sison   | Nov 12, 2015 04:49 AM EST

U.S. federal meat inspectors are investigating an undercover video shot at the Minnesota slaughterhouse of Hormel Foods' pork supplier, Quality Pork Processors (QPP), which shows pigs being maltreated. read more

Google May Take Another Crack at China

Michael A. Katz   | Nov 11, 2015 07:23 PM EST

Tech giant Google is considering returning to mainland China, five years after the company left the market because it refused to obey Chinese governmental controls. read more

Defeated By Counterfeiters, JD.Com Shutters Paipai

Michael A. Katz   | Nov 11, 2015 05:05 PM EST

Overwhelmed and outnumbered by counterfeiters, China’s JD.com is throwing in the towel and will shut down its online customer-to-customer marketplace Paipai.com by April 2016. read more

Real Time Analytics