01/09/2025 04:08:18 am
01/09/2025 04:08:18 am
Marcel Woo | Jul 06, 2014 10:34 AM EDT
Jack Ma, through his private equity firm Yunfeng Capital, and Citic Private Equity have banded together to purchase a 60-percent stake in Inner Mongolia Yili Industrial Group, a Chinese dairy giant. read more
Andy Vitalicio | Jul 06, 2014 09:13 AM EDT
German Chancellor Angela Merkel has begun a three-day visit to China, visiting Chengdu in Sichuan province, southwestern China, where more than 150 German companies have offices and manufacturing plants. read more
Christl Leong | Jul 06, 2014 07:08 AM EDT
China was once considered a region with boundless potential for foreign investment. However, as it continues to grow and expand as one of the world's major economies, foreign firms are starting to experience difficulty maneuvering within its business sector. read more
Marcel Woo | Jul 03, 2014 06:47 PM EDT
Despite an ongoing territorial dispute over the controversial South China Sea, the Chinese government said it seeks to encourage more investors and tourists from China to the Philippines, a top official said. read more
Bianca Ortega | Jul 03, 2014 06:03 AM EDT
Social media giant Facebook snapped up San Francisco-based video ad tech startup LiveRail in a deal reportedly valued at $500 million. read more
Marco Foronda | Jul 03, 2014 07:13 AM EDT
China’s new step towards currency control will let the banks make their own exchange rates when it comes to dealing with their customers. read more
Katie Collom | Jul 02, 2014 06:48 PM EDT
In an interview at Aspen Ideas Festival, PepsiCO CEO Indra Nooyi was asked whether or not it is possible for women to have both a great career and be a good family figure. Nooyi responded stating that it wasn't possible, and that women only "pretend" to have it all. read more
Katie Collom | Jul 02, 2014 05:16 AM EDT
Two former Goldman Sachs employees are suing the firm claiming that male workers fostered a 'boys' club' environment which involved frequent trips to strip clubs and the referring to female co-workers as "bimbos." read more
Bianca Ortega | Jul 02, 2014 05:06 AM EDT
California, US-based Internet giant Google acquired New York-based music streaming startup Songza in a deal reportedly valued at over $15 million. read more
Marcel Woo | Jul 01, 2014 07:24 PM EDT
China now has more than 414 million credit cards in use, a rise of 5.83 percent from the end of 2013, the People's Bank of China (PBOC) announced. read more
Bianca Ortega | Jul 01, 2014 05:52 AM EDT
The United States Marshals Service put almost 30,000 Bitcoins seized from the black market Silk Road on auction on Friday, but the winning bidders are still undetermined. read more
Marcel Woo | Jul 01, 2014 02:24 AM EDT
China is opening up its five largest banks to a new round of foreign investments, allowing foreign companies to invest into major banks with higher holdings, Australian officials who visited China recently revealed. read more
Christl Leong | Jun 30, 2014 11:05 AM EDT
A probe by the European Commission into dumping of stainless steel by Chinese and Taiwan manufacturers could hurt China's steel exporters. read more
Bianca Ortega | Jun 30, 2014 08:55 AM EDT
The U.S. government is expected to announce on Monday a record fine of almost US$9 billion for France’s BNP Paribas over alleged violations of US sanctions. read more
Arthur Dominic Villasanta | Jun 30, 2014 08:45 AM EDT
Doing business from Hong Kong will support China Unicom's aim of becoming an international brand. 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
