12/28/2024 06:35:59 am
12/28/2024 06:35:59 am
Geann Pineda | Mar 11, 2015 02:32 AM EDT
Credit Suisse, the seventh largest investment bank in the world, has appointed African Tidjane Thiam as its new Chief Executive Officer (CEO). read more
Arlene Lim | Mar 11, 2015 01:48 AM EDT
China and Russia's relations soars to a new high, after the two countries signed a preliminary gas supply agreement that will cut Russia's reliance on Europe for buyers. The deal will guarantee one-fifth of the gas supplies China will need until the end of the decade. read more
Geann Pineda | Mar 10, 2015 06:28 AM EDT
Twitter's Hong Kong office finally opened today, despite being banned in mainland China since 2009. read more
Arlene Lim | Mar 14, 2015 03:03 AM EDT
Microsoft's decision to close two Nokia's mobile phone factories in China will result to the loss of jobs of about nine thousand workers. read more
Marcel Woo | Mar 09, 2015 10:34 AM EDT
Fast-food-loving customers seemed to have turned their back on McDonald's last February as the burger company's global sales fell steeper than what was expected, thanks to food scandals in Japan and China. read more
Marcel Woo | Mar 09, 2015 10:11 AM EDT
China's largest aircraft leasing company, ICBC Leasing, has ordered 30 ARJ21-700, the country's first domestically produced regional jet, from Commercial Aircraft Corporation of China (Comac). read more
Dino Lirios | Mar 09, 2015 07:04 AM EDT
China is prepared to launch the China International Payment System, or CIPS, which is meant to facilitate the global and international use of the Chinese currency, Yuan, as soon as September or October this year, says three sources. read more
Genalyn R.Corocoto | Mar 09, 2015 06:41 AM EDT
The Federal Reserve's recent stress test, which included a $500 billion of combined losses scenario, showed that the biggest banks in the United States have enough capital to continue its business even if the country will face financial troubles. read more
Geann Pineda | Mar 09, 2015 03:19 AM EDT
UK drug maker GlaxoSmithKline sacked more than a hundred of its employees in China - its biggest round of dismissals after getting embroiled in a bribery scandal. read more
Vittorio Hernandez | Mar 07, 2015 09:38 AM EST
Amazon's opening of a store in TMall, which is owned by rival and e-commerce giant Alibaba, is an acknowledgement on the part of the Seattle-based company that being a part of Alibaba's marketplace is the most efficient way to get e-commerce traffic in the Asian giant. read more
Vittorio Hernandez | Mar 06, 2015 09:37 PM EST
Mandarin Oriental said on Thursday that it has removed the malware that it blamed for the credit card breach that resulted in the theft of customer credit card information in its U.S. and European operations read more
Vittorio Hernandez | Mar 06, 2015 10:25 AM EST
Silicon Valley male executives appear to be as raunchy as college frat men. This was what surfaced at the Thursday hearing of the US$16-million gender discrimination case that former Kleiner Perkins Caufield & Bayers junior partner Ellen Pao filed. read more
Arlene Lim | Mar 06, 2015 08:26 AM EST
Over 76,000 Chinese millionaires have migrated to or have acquired citizenship in other countries in the last decade as a result of the global expansion by Chinese firms, global broker Knight Frank said. read more
Marcel Woo | Mar 06, 2015 07:57 AM EST
Nike, Inc has named a new general manager for Greater China as part of its efforts to strengthen its leadership in key markets and business areas. read more
Marcel Woo | Mar 06, 2015 07:37 AM EST
China's banking regulator has ordered banks in the country to increase the amount of its lending to small businesses that are facing headwinds due to the current slowdown in the world's second-largest economy. 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
