Business

Chinese Real Estate Mogul Compares China's Property Market To The Titanic

Arthur Dominic Villasanta   | May 28, 2014 02:50 AM EDT

China's property bubble could be about to burst read more

China signs new US$ 2 billion financing agreement for Africa’s development

Homar Murillo   | May 27, 2014 01:15 PM EDT

A new financing agreement worth US$ 2 billion to be used to create the “Africa Growing Together FUND (AGTF) was signed between the People’s Bank of China and the African Development Bank. read more

Lenovo Gearing Up To Be No. 1

Homar Murillo   | May 27, 2014 12:53 PM EDT

Lenovo Group Ltd hopes to increase its total overseas sales of desktops, laptops and tablets and unseat Apple from the No. 1 position in two years, according to Yang Yuanqing, Lenovo’s CEO. read more

Alibaba Eyes On Entertainment Business Development

Acsilyn Miyazaki   | May 27, 2014 12:43 PM EDT

China's Alibaba Group set its sight in the entertainment business arm as it expects to list a venture on the US bourse. read more

Kakao Corp Acquires Daum Communications For $3.3 Billion

Acsilyn Miyazaki   | May 26, 2014 01:50 PM EDT

Kakao Corp agreed to buy Daum Communications in a stock deal worth $3.3 billion. read more

China Tells State-Owned Companies to Cut Ties with US Consulting Firms

Bianca Ortega   | May 26, 2014 01:52 AM EDT

In the wake of US allegations that five Chinese army officers hacked American companies, China told its state-owned sector to cut their ties with US consulting firms. read more

No On-the-job-sex, Please, We're British

Arthur Dominic Villasanta   | May 24, 2014 05:34 AM EDT

The problems was a lot of used condoms in the plumbing read more

WTO Ruling Against China Likely to Worsen Tensions Between China and the US

Arthur Dominic Villasanta   | May 24, 2014 04:40 AM EDT

It is the third US victory against China in the World Trade Organization read more

HP Increases Lay Offs By 11,000 to 16,000 Yet Again

Christl Leong   | May 23, 2014 01:48 PM EDT

HP will make an additional 11,000 to 16,000 lay offs in addition to the 34,000 reported last year. read more

U.S. Police Arrest Over 110 McDonald's Workers Protesting Low Wages

Arthur Dominic Villasanta   | May 23, 2014 12:48 AM EDT

Growing income inequality leading to rising number of worker protests read more

Old Space Versus New Space: Why Space Exploration Is Getting Privatized

Lemuel Cacho   | May 22, 2014 06:01 PM EDT

The United States space program is getting a facelift as more and more commercial companies are jumping into the space exploration bandwagon. read more

US$400 Billion Natural Gas Deal Signed By China And Russia

Lemuel Cacho   | May 22, 2014 11:56 AM EDT

China and Russia signed the much-awaited natural gas agreement that would provide Beijing clean energy and Moscow a diplomatic edge in case it gets sanctions for its invasion of Ukraine. read more

Tax Extension Policy for Riot-affected Businesses in Vietnam Not Enough

Staff Reporter   | May 22, 2014 10:51 PM EDT

The tax payment extension policy and other special accommodations that Vietnam’s Prime Minister Nguyen Tan Dung announced on Wednesday for companies affected by riots in Vietnam is not at all sufficient to win back the confidence of foreign investors more so that of Chinese investors, according to an expert. read more

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