12/23/2024 08:57:44 am
12/23/2024 08:57:44 am
Girish Shetti | Jul 29, 2016 11:33 AM EDT
Taikang Life Insurance Co, one of China's largest insurance companies, has picked up 13.5 percent stake in Sotheby's. read more
Charissa Echavez | Jul 29, 2016 11:26 AM EDT
While General Motors is currently building its partial hybrid electric vehicle (PHEV) battery packs in Brownstown Battery Assembly Plant in Brownstone Charter Township, Michigan, the production may soon shift to China for the automaker to qualify for the country's green car incentives. read more
Ellie Froilan | Jul 29, 2016 11:16 AM EDT
Alibaba Sports Group (Alisports) and International eSports Federation (IeSF) are joining hands to establish gaming as a professional sport. read more
Charissa Echavez | Jul 29, 2016 11:08 AM EDT
Dalian Wanda Group, which is owned by China's richest man Wang Jianlin, has agreed to acquire Beijing-based movie e-commerce, news, and ticketing portal Mtime for $350 million, expanding its digital entertainment portfolio. read more
Charissa Echavez | Jul 29, 2016 11:02 AM EDT
Cadbury maker Mondelez International, Inc. is planning a sweet entrance to China's chocolate $2.8 billion market, with the launch of its Milka brand this September. read more
Kat De Guzman | Jul 30, 2016 11:59 AM EDT
Days after investors revealed that they want Uber and Didi Chuxing to reach a sort of partnership agreement in China, the country has announced a new law that makes ride-hailing services legal in the country. read more
Jenia Cane | Jul 28, 2016 08:25 PM EDT
The Business 20 Summit’s infrastructure task force will prod G20 member-countries to convince development banks and other lending institutions to provide funding for private-led investments in infrastructure. read more
Girish Shetti | Jul 28, 2016 05:35 PM EDT
China has requested 15,000 acres of land in Southern Sri Lanka to create a Special Economic Zone (SEZ), Sri Lankan newspaper Daily Times reported. read more
Christian George Acevedo | Jul 28, 2016 04:52 PM EDT
Janice Man and Angelababy, once the best of friends and virtually inseparable, are now estranged from one another. read more
Christian George Acevedo | Jul 28, 2016 02:22 PM EDT
Hong Kong is keeping its eye on American politics, knowing that a victory for Republican Party presidential nominee Donald Trump could affect Asian economies with Hong Kong among the most susceptible, analysts said. read more
Christian George Acevedo | Jul 28, 2016 02:15 PM EDT
Lenovo Group, the world's biggest supplier of PCs, has inked a deal with e-commerce website JD.com in a bid to boost its online sales. JD.com, China's second-largest online retailer, recently debuted in Forbes 500 as the first Chinese online e-commerce firm to make it to the prestigious list. read more
Ellie Froilan | Jul 28, 2016 02:04 PM EDT
China is aiming to be one of the world's top 10 most automated nations by 2020 by expanding its domestic robotics market. read more
Christian George Acevedo | Jul 27, 2016 10:59 AM EDT
E-commerce website JD.com has debuted as the first Chinese internet firm on the Fortune 500 list. Surprisingly, China's top three Internet companies, Tencent, Alibaba and Baidu, failed to make it to the list, a proof that the list favors revenue over the company's actual value. In fact, a company's business model may have a significant effect on its revenue generation and in the valuation of its true worth. read more
Girish Shetti | Jul 27, 2016 10:46 AM EDT
Shanghai Fosun Pharmaceutical (Group) will sign an agreement on Wednesday to acquire a controlling stake in Indian pharmaceutical company Gland Pharma, Economic Times reported, citing inside sources. read more
Charissa Echavez | Jul 27, 2016 10:29 AM EDT
China's e-commerce solutions provider 4PX is set to create more than 400 jobs in Dunstable, after real estate firm Prologis on Tuesday announced a 240,000 square feet lease agreement at Prologis Park. 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
