Marcel Woo | Apr 08, 2015 02:18 AM EDT
Instead of considering the China-led Asia Infrastructure Investment Bank (AIIB) as a competitor, World Bank Group President Jim Yong Kim said he welcomes the AIIB and stressed that the WB is ready to collaborate with the new bank in fighting global poverty. read more
Dino Lirios | Apr 07, 2015 07:15 AM EDT
With threats of terrorist attacks constantly looming over Kenya, the shilling is poised to dip to the lowest it has been since Nov. 16, 2011. read more
Vittorio Hernandez | Apr 03, 2015 05:10 AM EDT
David Lui, a California resident, recounts a bad experience he and another Asian friend experienced when they went to the Starbuck's new Reserve Roastery on Capitol Hill on March 11. read more
Vittorio Hernandez | Apr 02, 2015 11:39 AM EDT
As of Tuesday, the deadline for countries to join the China-led Asian Infrastructure Investment Bank (AIIB), 46 nations have enlisted. The high number of founding members is an indicator of the growing influence of Beijing in the international arena. read more
Geann Pineda | Apr 02, 2015 07:07 AM EDT
McDonald's is raising its hourly wages for its roughly 90,000 U.S. employees -- joining the trend in rising salaries in the American labor market. read more
David Curry | Mar 31, 2015 09:13 AM EDT
IBM announced $3 billion investment into Internet of Things. read more
Desiree Sison | Mar 31, 2015 05:20 AM EDT
China has admitted that its economy is hurting with the country's growth rate experiencing a rough slowdown that significantly needs a major intervention read more
Geann Pineda | Mar 31, 2015 02:19 AM EDT
McDonald's will soon serve breakfast all day, in what is Chief Executive Steve Easterbrook's latest experiment to boost sales. read more
Dino Lirios | Mar 30, 2015 02:57 AM EDT
A lag in Chinese tourists coming into Hong Kong brings down shop rentals in the island, as vacancies grow in prime areas. Tour groups visiting Hong Kong dropped 80 percent in March as cross-border tensions and pro-democracy protests drive away tourists, worrying retailers who relied on the mainland's once robust demand. read more
Dino Lirios | Mar 30, 2015 11:19 AM EDT
China's president Xi Jinping hopes China's annual trade with countries that are part of its plan to pave a modern Silk Road, the 'One Belt, One Road' initiative, would go beyond US$2.5 trillion in a span of 10 years. read more
Dino Lirios | Mar 30, 2015 02:51 AM EDT
China's mutual fund industry rebounds as investors cash in on the country's soaring equities market, with new funds being quickly finished by investors who once spurned the stock market's "too high risk." read more
Vittorio Hernandez | Mar 29, 2015 10:18 PM EDT
To convince Asians that the regional bank that it is setting up to the Asian Development Bank is the better alternative for the region, Chinese President Xi Jinping promised that China would spread the prosperity and cooperation across Asia. read more
Vittorio Hernandez | Mar 29, 2015 08:24 AM EDT
Consumers are wary of soda that contain aspartame as its artificial sweeteners. This fear of the effect of aspartame on their health was the main driver in changes in soda market share. read more
Vittorio Hernandez | Mar 28, 2015 10:19 PM EDT
Like suitors vying for the attention of a lovely Asian lady, China and Japan are courting Vietnam by providing the Southeast Asian country with financial assistance. In terms of dollars and cents, Japan has the edge. read more
Due to the coronavirus, people around the world have canceled their travel plans. Governments and health officials have warned the public to avoid boarding cruise ships and long flights. read more