Vittorio Hernandez | Nov 28, 2014 03:21 AM EST
The Bank of China plans to insure all bank deposits in the country for up to 500,000 yuan or $81,000 beginning January 2015. read more
Qi Qin | Nov 28, 2014 03:31 AM EST
The Chinese big three internet giants BAT (Baidu, Alibaba, Tencent) are launching active participation in Hollywood by starting to arrange a complete industrial chain. Jack Ma will visit Los Angeles as Alibaba may set up an office there next year. Baidu will purchase digital rights with a huge sum of money, using big data to grasp consumers. Tencent seeks for cooperation with international studios to reproduce their work. read more
Dan Weisman | Nov 28, 2014 01:28 AM EST
Meeting in Vienna, Austria, Thursday, the Organization of the Petroleum Exporting Countries (OPEC) decided not to curtail oil production despite rapidly falling crude oil prices. read more
Qi Qin | Nov 26, 2014 07:29 PM EST
Jack Ma’s Alibaba Group has built up a strategic cooperative partnership with at least seven provincial governments including Hainan province and Zhejiang province on Cloud computing and big data. read more
David Curry | Nov 26, 2014 08:03 AM EST
Xiaomi, the number one smartphone maker in China, has announced an end to market expansion, at least until the start of 2015. read more
Cory Doyle | Nov 25, 2014 04:58 PM EST
Check out some of the most discounted prices available on Black Friday for eager consumers. read more
Cory Doyle | Nov 25, 2014 02:33 PM EST
The new deal will now allow the Chinese company to stream HBO TV shows and movies on its online video distribution platform. read more
Michael A. Katz | Nov 25, 2014 02:25 PM EST
The online payment platform of Alibaba has teamed up with major U.S. department stores to allow Chinese shoppers to make purchases with their Alipay accounts. read more
Michael A. Katz | Nov 25, 2014 10:13 AM EST
The People's Bank of China, which unexpectedly cut rates last week, says it will wait until economic data for the fourth quarter is released before deciding on whether to cut rates further. read more
Marcel Woo | Nov 25, 2014 12:30 AM EST
The recent 2015 Global Regulatory Outlook survey showed that majority of finance professionals believe Shanghai in China will become the leading emerging financial center by 2019 especially now that the center of gravity of finance is shifting to China. read more
Cory Doyle | Nov 24, 2014 06:41 PM EST
"Whether or not this is legal, it's certainly not ethical and it's a waste of taxpayer money," Assemblyman Joe Cryan said. read more
Cory Doyle | Nov 24, 2014 03:39 PM EST
Xbox One in China was advertised to include BesTV, but was never included and has yet to be added to the console. read more
David Curry | Nov 24, 2014 07:55 AM EST
Tesla Motors and BMW are looking to partner up and work on batteries and charging tech together. read more
Vittorio Hernandez | Nov 24, 2014 03:55 AM EST
The once very powerful oil cartel, the Organization of Petroleum Exporting Countries (OPEC), is not impressing hedge fund managers over the group's failure to assure the market that oil prices won't collapse. read more
Vittorio Hernandez | Nov 23, 2014 07:57 AM EST
Judge Denise Cote of the United States District Court in Manhattan gave her final approval on Friday, the preliminary approval she granted Apple in August a $450 million settlement over its eBook price-fixing case. She described the amount as fair and reasonable. 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