12/22/2024 07:48:31 am
12/22/2024 07:48:31 am
Steve M.C. | Jan 12, 2017 08:04 PM EST
Fiat Chrysler Automobiles on Thursday has named Daphne Zheng and Paul Alcala as its new Chief Operating Officers in China and Asia Pacific, respectively. read more
Ellie Froilan | Jan 12, 2017 08:17 AM EST
Xiaomi has announced its collaboration with B2X to enhance its customer service in India. read more
S. Rina | Jan 11, 2017 06:45 AM EST
China is planning to contain the fall of its currency value as the country struggles to maintain its reserves. The currency showed the signs of weakness this week as well as The People's Bank of China set the mark on Monday at 0.87 percent lower than last Friday. read more
S. Rina | Jan 11, 2017 05:36 AM EST
China has mastered the art of making ballpoint pens. The country is the largest manufacturer of ballpoint pens in the world. It makes nearly 38 billion units every year. However, until now, China had imported the steel required for making the pen tips from Japan. read more
Desiree Sison | Jan 11, 2017 04:15 AM EST
The global economy stands to face a major threat this year as the world's two largest economies--China and US--continue to exchange barbs over trade issues heightening the already volatile trade situation between the two nations. read more
Girish Shetti | Jan 11, 2017 04:23 AM EST
ANZ Bank has sold its New Zealand asset finance business UDC Finance to Chinese conglomerate HNA Group for $NZ660 million ($628 million). This is ANZ's second sale out in almost single week as the banking giant looks to streamline its global business. read more
Steve M.C. | Jan 11, 2017 09:29 AM EST
The South Korean cosmetics industry has been hit hard in the Chinese market after 19 of its products failed to meet the country's import guidelines, a move that is believed to be China's reply to Seoul for allowing the US to deploy a Terminal High Altitude Area Defense (THAAD) system. read more
Theena Ocay | Jan 11, 2017 01:07 AM EST
Entergy Corp's Indian Point nuclear power plant in New York state will shut down by April 2021 in order to protect the safety of its citizens, Governor Andrew Cuomo announced on Monday. read more
Girish Shetti | Jan 10, 2017 07:19 AM EST
China National Chemical Corp (ChemChina) and Swiss agricultural giant Syngenta AG have formally submitted remedies to the European Union's competition watchdog in a latest bid to win regulatory approval for their $43 billion merger agreement. read more
S. Rina | Jan 10, 2017 07:00 AM EST
Morgan Stanley and UBS Group AG are looking to increase their footprints in China. The news is being widely seen as the endorsement of booming a Chinese economy. Both the financial firms plan to boost their holdings in their respective joint ventures in China to permissible 49 percent. read more
S. Rina | Jan 10, 2017 11:49 AM EST
US president elect Donald Trump held a meeting with prominent Chinese entrepreneur Jack Ma in New York. Ma said that Alibaba has the potential to create thousands of jobs by letting US businesses sell to China. Both Trump and Ma agreed that Sino-US relationship needs to be strengthened. read more
S. Rina | Jan 10, 2017 06:41 AM EST
Air China Cargo, a part of Air China, made history after banning shark fin cargo aboard its flights, the first mainland aviation company to do so. Air China Cargo manages cargo shipment on commercial aircraft and freight planes of the airlines. read more
S. Rina | Jan 10, 2017 06:31 AM EST
Jim Rogers, co-founder of Quantum Fund with George Soros, has come up with a contrarian advice. The legendary investor said that in the coming time, investors should contemplate buying Russia. He said that the US markets are at their all-time high, making It important to take a look at undervalued markets. 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
