12/23/2024 01:24:51 pm
12/23/2024 01:24:51 pm
Charissa Echavez | Jul 04, 2016 07:51 AM EDT
Germany's Voith GmbH has agreed to sell 25.1 percent of its Kuka AG stake to China's Midea group for $1.3 billion, the mechanical engineering group said in a statement on Sunday. read more
Ellie Froilan | Jul 04, 2016 07:22 AM EDT
Alibaba has launched a new platform that will be used to detect and take down fake goods following accusations that its sites promote counterfeit products. read more
Charissa Echavez | Jul 01, 2016 07:02 AM EDT
American multinational chip maker Qualcomm announced on Thursday that it has filed a total of 17 patent infringement cases against Chinese smartphone maker Meizu Technology Co. read more
Charissa Echavez | Jul 01, 2016 08:05 AM EDT
After China Vanke's largest shareholder Baoneng Group sought a board meeting to oust the real estate's chairman and 11 other executive directors, its second largest shareholder China Resources has made it clear that it does not support the move. read more
Charissa Echavez | Jul 01, 2016 07:52 AM EDT
While some economic analysts have said China will be affected by Britain's decision to leave the European Union, Chinese online retail giant JD.com thinks otherwise. Instead, the company has said it is an opportunity to enhance China's trade and exports. read more
Charissa Echavez | Jun 30, 2016 10:09 AM EDT
South Korea is experiencing a decline in cosmetic surgery demand after a four-minute news report by state-run news agency China Central Television earlier this year exposed a case of a tourist from China being overcharged by a cosmetic surgery clinic in Gangnam, Seoul. read more
Ellie Froilan | Jul 01, 2016 02:56 PM EDT
HTC is planning to transform its virtual reality (VR) department into a separate business. read more
Girish Shetti | Jun 30, 2016 06:48 AM EDT
Netflix Inc won't give up on its pursuit to enter the Chinese market, a senior company executive said on Thursday, as the video streaming company continues to look for new markets beyond the shores of its traditional American market. read more
Charissa Echavez | Jun 30, 2016 06:21 AM EDT
China's local brands are leading the market race, gaining market share faster than foreign labels as they are able to cater regional tastes and quickly respond to domestic demands. read more
Charissa Echavez | Jun 30, 2016 02:40 AM EDT
Because of tough competition, Uber has added some extra services to its Chinese customers, by hailing them not only a car but also a boat and even a hot air balloon. read more
Girish Shetti | Jun 30, 2016 02:10 AM EDT
The Chinese-led Zeavion Company, which focuses on early Child education business, has agreed to buy the early childhood development business of Gymboree Corporation for approximately $127.5 million. read more
Girish Shetti | Jun 30, 2016 01:50 AM EDT
Chinese telecommunication company Huawei Technologies has assured the British government that it would go ahead with its planned £1.3 billion ($1.73 billion) investment in the UK, despite the economic uncertainty caused by the country's decision to leave the European Union (EU). read more
Charissa Echavez | Jun 29, 2016 10:43 AM EDT
Adidas AG struck a deal with Dalian Wanda Group co. on Tuesday to develop China's soccer and basketball, sponsor two of Wanda's Ironman triathlon events, and open outlets in Wanda's malls. read more
Charissa Echavez | Jun 29, 2016 10:30 AM EDT
One of China's leading smartphone makers Xiaomi might consider an initial public offering (IPO) in 2025, Lei Jun, the company's founder and chief executive, said on Tuesday. The announcement comes as the company attempts to establish more physical retail stores and new lineups. read more
Manthan Chheda | Jun 29, 2016 05:07 AM EDT
Volkswagen is eyeing China as the first location for its battery-manufacturing plant in a bid to capitalize on the booming electric cars market. 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
