12/28/2024 06:26:30 am
12/28/2024 06:26:30 am
Marcel Woo | Feb 24, 2015 05:08 AM EST
Postal Savings Bank of China, one of the country's largest banks by assets, is gearing up for a possible initial public offering (IPO) that could raise as much as US$25 billion, the same amount that Chinese e-commerce giant raised in its New York listing. read more
Dino Lirios | Feb 23, 2015 11:43 PM EST
Wanxiang Group, an auto parts manufacturer based in China, delays its revival of the Fisker Karma hybrid sports car and rebrand of Fisker Automotive to Elux to mid next year, sources claim. read more
Raymond Legaspi | Feb 23, 2015 12:00 PM EST
The Year of the Goat is far from lucky for China's herders and dairy producers who try to cut losses as too much supply in the world market sent prices of milk falling to their lowest in six years. read more
Raymond Legaspi | Feb 23, 2015 10:15 AM EST
Italian luxury brand Prada, popular for its bags, hit a sales slump last year due to a tougher market in Asia, especially China, in the latter part of 2014, the company disclosed on Sunday. read more
Geann Pineda | Feb 23, 2015 09:31 AM EST
Honda's Chief Executive Officer Takanobu Ito is stepping down from his post, as the company struggles with recalls and quality lapses. read more
Dino Lirios | Feb 23, 2015 08:56 AM EST
The ticket to earning big bucks with your pet used to be through clever tricks at dog shows. But those days are long past as a clever strategy and social media can make your pet the biggest online sensation there is, and you a happy profitable master. read more
Arlene Lim | Feb 23, 2015 07:53 AM EST
Canada's Valeant Pharmaceuticals International Incorporated has agreed to acquire the Raleigh, North Carolina-based drug company Salix Pharmaceuticals Limited for US$10 billion. read more
Vittorio Hernandez | Feb 23, 2015 04:20 AM EST
By divesting itself of some of its iconic 100 brands this summer, manufacturing giant Procter & Gamble (P&G) is expected to cut its annual sales by 14 percent. The biggest brand to be sold is Duracell batteries, which Berkshire Hathaway would buy for US$2.6 billion in 2016. read more
Raymond Legaspi | Feb 23, 2015 03:33 AM EST
Members of a company union approved a deal on Sunday that wraps up a long running strike by hundreds of FairPoint Communications workers, union officials announced. read more
Dino Lirios | Feb 22, 2015 05:21 AM EST
Attorney General Kamala D. Harris approved the sale of a chain of six struggling Catholic hospitals last Friday. While she did approve of the hotly debated sale, she also imposed strict guidelines and conditions on how to manage the sale. read more
Dino Lirios | Feb 22, 2015 05:15 AM EST
The Obama administration recently admitted that about 800,000 residents had received inaccurate tax forms from the health insurance they purchased from Healthcare.gov. read more
Geann Pineda | Feb 22, 2015 05:09 AM EST
The former president of Nissan Motor's U.S. branch, also known as the "Father of the Z", passed away Thursday. He was 105. read more
Marcel Woo | Feb 21, 2015 12:39 AM EST
A total of 8,295 accounting firms operate in China, serving more than 2,500 listed companies and 4.2 million government agencies and enterprises, the Chinese Institute of Certified Public Accountants said. read more
Marcel Woo | Feb 20, 2015 10:52 PM EST
Sluggish economic recover and weak domestic market were attributed for the falling diamond consumption in China, the Shanghai Diamond Exchange said. 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
