Business

Online Farm Project Launched In China

Acsilyn Miyazaki   | Jun 12, 2014 12:43 PM EDT

Xinghe E-Commerce has launched a personal customized farm project in China called Gengdibao. read more

China's Untrammeled Oil Hoarding Keeps Prices Above $100 a Barrel

Arthur Dominic Villasanta   | Jun 12, 2014 08:41 AM EDT

China seems to be preparing for the worst. read more

Toyota Recalls 2.3 Million Vehicles for Defective Airbags

Christl Leong   | Jun 12, 2014 04:55 AM EDT

Toyota recalls some 2.3 million vehicles globally after autombile safety systems manufacturer Takata had warned that further repairs of defective airbags may be needed. read more

Alibaba Launches Invite-Only Online Marketplace in the US

Acsilyn Miyazaki   | Jun 12, 2014 01:28 AM EDT

China's e-commerce giant Alibaba has launched an invite-only online marketplace in the United States. read more

FAA Approves First Commercial Drone Use Over Land

Bianca Ortega   | Jun 11, 2014 01:54 PM EDT

The Federal Aviation Administration (FAA) approved the first commercial use of a small unmanned aircraft over land for the first time, and the Puma AE is now flying over Alaska’s Prudhoe Bay oil field. read more

China's Biggest Internet Merger: Alibaba To Buy Out UCWeb

Christl Leong   | Jun 11, 2014 08:16 AM EDT

Alibaba Group Holding Ltd announced on Wednesday that it will acquire remaining shares of mobile Internet software provider UCWeb, buying out the latter and referring to the deal as one of the biggest Internet mergers in China's history. read more

China's ZTE Aims to Ship 100 Million Premium Smartphones in 2016

Marcel Woo   | Jun 09, 2014 11:29 AM EDT

One of the world's biggest smartphone makers, ZTE Corp, announced that it aims to ship a total of 100 million high-end smartphones around the world in 2016 and some 85 million premium smartphones in 2015. read more

Arabs and Chinese to Cooperate More

Arthur Dominic Villasanta   | Jun 06, 2014 06:29 AM EDT

China proposes "1+2+3" plan.Ministers from China and the Arab world signed the "Beijing Manifesto" at the conclusion of the recent 6th ministerial meeting of the China-Arab States Cooperation Forum or CASCF. read more

IMF Cuts 2015 China Growth Forecast

Marcel Woo   | Jun 06, 2014 02:14 AM EDT

From an earlier forecast of 7.3 percent, the International Monetary Fund (IMF) said Friday it has trimmed its China economic growth forecast for 2015 to about 7 percent, a figure lower than the government's target of about 7.5 percent. read more

China Shows Off its First 4D Movie

Arthur Dominic Villasanta   | Jun 05, 2014 08:33 AM EDT

Sees 4D as a way to cut costs. read more

As China Shifts from Coal to Clean Energy, US $21 Billion Assets at Risk

Marcel Woo   | Jun 05, 2014 04:22 AM EDT

Analysts said that while China's efforts to shift from the heavy-polluting coal energy to cleaner sources of fuel and power are laudable, at least US $21 billion worth of investments in coal stands at risk of being stranded, a recent research report estimated. read more

Sprint and T-Mobile Inch Closer to $32 Billion Merger

Katie Collom   | Jun 05, 2014 06:17 AM EDT

Sprint and T-Mobile are closing in on negotiations for the two wireless phone companies to merge. Sprint has reportedly agreed to pay around $40 per share to purchase T-Mobile, making the latter company worth more than $32 billion. read more

Ford Killed SEX, Says Tesla's Elon Musk

Lemuel Cacho   | Jun 04, 2014 09:29 PM EDT

Tesla CEO Elon Musk said automobile giant Ford is killing 'SEX' in Tesla's 2014 Annual Shareholders' Meeting on Tuesday. read more

China’s New Tax for Rare Earth May Drive Up World Market Prices

Bianca Ortega   | Jun 04, 2014 12:03 PM EDT

China is planning to introduce new taxes and policies for rare earth minerals in the second half of this year, and this may up the prices of the said product in the world market. read more

Stifel Financial Signs Agreement To Acquire Legg Mason's Business Arm

Acsilyn Miyazaki   | Jun 04, 2014 12:04 PM EDT

Stifel Financial has agreed to acquire a business unit of Legg Mason to expand its wealth management division. read more

Real Time Analytics