Business

Petco and PetSmart To Stop Selling China-Made Pet Treats

Christl Leong   | May 22, 2014 07:10 AM EDT

Petco and PetSmart will stop offering China-sourced pet jerky treats. Studies by the FDA show that there is a link between reported pet illnesses and deaths with the Chinese pet snacks. read more

JD.com Raises $1.78 Billion In IPO

Acsilyn Miyazaki   | May 22, 2014 03:33 PM EDT

Beijing-based online retailer JD.com has raised $1.78 billion after its US initial public offering. read more

China Hackers: What Were They After?

Lemuel Cacho   | May 22, 2014 12:38 AM EDT

The U.S. Justice Department recently released information on what the arrested Chinese military hackers charged with cyber theft were looking for. read more

Microsoft Surface Pro 3 Will Replace The Laptop, Say Execs

Lemuel Cacho   | May 21, 2014 01:44 PM EDT

Microsoft Corp recently launched the Surface Pro 3 tablet on Tuesday hoping to take on Apple Inc's iPad MacBook Air. read more

China's Probable Retaliation May Be Tempered by Economic Slowdown

Christl Leong   | May 21, 2014 11:16 AM EDT

Analysts believe China will retaliate against the U.S. in response to hacking charges made by the latter against Chinese officials; although these retaliations may be tempered by China's slowing economy. read more

China’s Real Estate Index Shows Downward Trend

Homar Murillo   | May 20, 2014 11:15 AM EDT

China's real estate development climate index showed a slight decline in April after experiencing rapid growth in the past years, according to data released by the National Bureau of Statistics. read more

Shanghai-based Food Delivery Site Yummy77 Bags US$20M Investment from Amazon

Bianca Ortega   | May 20, 2014 10:39 AM EDT

Shanghai-based food delivery startup Yummy77 bagged $20 million in funding from American e-commerce giant Amazon in a deal that marks the first time the latter has invested in a Chinese company. read more

Canada to Open Four New Trade Offices in China

Bianca Ortega   | May 20, 2014 03:10 AM EDT

The federal government of Canada is set to launch four new trade offices in China to make Asian export transactions easier for small and medium-sized businesses (SMBs). read more

Quality French Brands Coming to China Courtesy of Alibaba

Arthur Dominic Villasanta   | May 20, 2014 02:51 AM EDT

A new agreement with the French government signed late last week will see Alibaba helping French firms expand their sales in China by providing them with a number of services, including brand promotion, express enrollment and marketing support on Alibaba's online retail platform, Tmall.com. read more

Chinese Investors' Takeover Of Australian Miners Due To Changing Political Leadership

Lemuel Cacho   | May 19, 2014 05:43 PM EDT

Chinese shareholders are on the move after a rush of takeovers of Australian mining firms took place during the past two weeks. read more

Russia Set to Ink $100B Energy Deal with China

Bianca Ortega   | May 19, 2014 12:49 PM EDT

Despite the US’ warning, Chinese president Xi Jinping is set to ink a $100-billion deal with Russian president Vladimir Putin for Russia to pipe cheap gas to China this week. read more

AT&T Buys DirecTV for US $50 Billion

Marcel Woo   | May 19, 2014 09:39 AM EDT

AT&T has officially agreed to buy DirecTV for nearly US $50 billion, ending months of negotiations that will boost the telecom giant's customer base and raise its ability to compete with Comcast-Time Warner Media, US press reported on Monday. read more

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