12/22/2024 07:43:31 am
12/22/2024 07:43:31 am
Girish Shetti | Jan 01, 2017 08:46 AM EST
Activities across Chinese factories and industries decreased marginally in the month of December, but showed growth for fifth consecutive month on year-on-year basis, in latest sign that the world's second largest economy is stabilizing steadily. read more
Girish Shetti | Dec 30, 2016 06:35 PM EST
The Taiwan based Foxconn Technology Group aims to build an $8.8 billion television flat-panel factory in China's south-eastern city of Guangzhou. The new plant will manufacture advanced liquid-crystal (LCD) displays that will be outsourced from Sharp Corp. read more
Phenny Lynn Palec | Dec 30, 2016 03:55 AM EST
Honda announced on Thursday that it is issuing a recall order covering more than 634,000 Honda Odyssey cars. The auto maker said that the recall was prompted in order to fix a defect that could cause the second row of seats in the Odyssey car to shift suddenly in a crash. read more
S. Rina | Dec 29, 2016 10:37 PM EST
Leading Chinese technology company LeEco may get a breather from its ongoing liquidity issues as it is reportedly in talks for a potential capital infusion to the tune of $1.4 billion from an undisclosed potential investor. read more
S. Rina | Dec 28, 2016 09:20 PM EST
Digital mapping company Here is looking to expand in China, after a consortium of two Chinese companies and Singapore's sovereign fund GIC bought a 10 percent stake from the leading German carmakers controlling the mapping firm. read more
S. Rina | Dec 27, 2016 08:51 PM EST
China is on track to meet its 6.5 percent to 7 percent growth rate target this year. This is being taken as a signal that the economy is in strong position. The strength of the Chinese economy is also likely to aid global economy, which is going through a rough phase. read more
S. Rina | Dec 28, 2016 02:11 AM EST
China is planning to slash its solar and wind power subsidies to account for fall in project costs. The government pays these generators for electricity produced by them. However, due to fall in the overall costs related to these projects, the government has decided to take the new step. read more
Theena Ocay | Dec 28, 2016 02:07 AM EST
Tesla Motors and Panasonic announced Tuesday their partnership to manufacture the first photovoltaic (PV) cells and other solar modules next year at Tesla's factory in Buffalo, New York. read more
Desiree Sison | Dec 27, 2016 03:31 AM EST
Despite China's efforts in opening up its market to entice more foreign investors, economic analysts said on Monday the step may be a little too late given the impending assumption into office of US president-elect Donald Trump who has been throwing his trade tirades against China. read more
Phenny Lynn Palec | Dec 26, 2016 09:58 AM EST
The team behind the CyanogenMod mobile operating system recently announced that they will be shutting down their operations by the end of the year. The startup added that it will shut down all services as well as nightly build on Dec. 31. read more
mwaniki wanjiku | Dec 25, 2016 10:11 PM EST
China has fined $29 million to General Motor's main joint venture for reportedly suppressing competition by enforcing minimum sales for dealers. read more
S. Rina | Dec 23, 2016 10:17 AM EST
Snap Inc. is looking to boost its presence in China as the company announced that it is opening a new office in the country. The move comes despite the fact that Snap's flagship service Snapchat is banned in China. It is expected that the company's Chinese operations will mainly focus on Spectacles. read more
S. Rina | Dec 23, 2016 11:53 AM EST
China has expressed its disappointment over the extension of trade remedy measures on Chinese photovoltaic products. These measures entails continuing anti-subsidy and anti-dumping charges on solar products imported from China. read more
S. Rina | Dec 23, 2016 10:28 AM EST
New Zealand Steel petitioned The Ministry of Business, Innovation and Employment (MBIE) for probing galvanized steel coils imported from China. The ministry has now confirmed that it will investigate the issue of cheap Chinese imports. read more
Theena Ocay | Dec 24, 2016 02:12 AM EST
Germany's Deutsche Bank on Friday has agreed to pay $7.2 billion over an investigation of sale and pooling of toxic mortgage securities that played a significant role in the 2008 financial crisis. 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
