12/24/2024 08:49:54 am
12/24/2024 08:49:54 am
Girish Shetti | May 08, 2016 07:49 AM EDT
China's foreign exchange reserves increased for a second straight month in April as capital outflow eased and the Chinese currency gained strength against the US dollar. read more
Jenia Cane | May 06, 2016 08:38 AM EDT
US pork exports to China are expected to increase, as the US pork industry has joined forces with Alibaba Group Ltd in a bid to corner a bigger slice of the Chinese pork market. read more
Jenia Cane | May 06, 2016 08:30 AM EDT
China will carry out an extensive nationwide review of the investment incentives it gives out to the private sector, which will enable the latter to play a stronger role in the country's economic growth. read more
Desiree Sison | May 06, 2016 06:10 AM EDT
President Xi Jinping, in a meeting with Walt Disney Company CEO Bob Iger on Thursday, said he will encourage foreign commercial companies, groups, and individuals to invest in China and expand trade cooperation with Beijing. read more
Charissa Echavez | May 06, 2016 02:00 PM EDT
HTC sales in China continues to see a downward trend. Only 251 orders were allegedly made after 11 days of the pre-order sale of the HTC 10. read more
Charissa Echavez | May 06, 2016 09:20 AM EDT
China announced on Thursday that it is finally putting an end to its 2,000-year-old state monopoly on the salt industry and will liberalize price control starting next year as part of the country's state reform. read more
Rina S. | May 06, 2016 08:31 AM EDT
China's biggest e-commerce company Alibaba has reported its fourth quarter earnings at 5.36 billion Yuan ($832 million), up from 2.89 billion Yuan in the corresponding quarter of last year. Its revenue for the quarter stood at 24.18 billion Yuan ($3.75 billion), up 39 percent on a year-on-year basis. The company's gross merchandise volume in China was reported at $115 billion, up 24 percent. read more
Rina S. | May 05, 2016 09:11 PM EDT
The U.S. witnessed a slide in its worker productivity in the first quarter of the year. In the non-farm business sector, the seasonally adjusted annual rate of productivity growth fell by one percent. However, in comparison to the same period in the previous year, the rate is marginally up by 0.6 percent. It also did better than expected as markets predicted the productivity rate to fall by 1.4 percent. read more
Rina S. | May 05, 2016 07:47 PM EDT
Tesla's first-quarter losses this year widened in comparison to the previous year despite the fact that the company reported an increase in its revenue. This notwithstanding, two key executives from the company have announced their departure from the firm. read more
Girish Shetti | May 05, 2016 12:50 PM EDT
Despite being among the fastest growing economies, India and China have the highest levels of financial inequalities in Asia, the International Monetary Fund (IMF) has said in a report. read more
Jenia Cane | May 04, 2016 08:15 PM EDT
China's KFC concept store is catching the attention of Chinese food lovers with its fusion of the old and new. read more
Charissa Echavez | May 04, 2016 01:04 PM EDT
Chinese pharmaceutical companies and government officials are set to pay a three-day visit to Australia next month to close as many deals as possible. read more
Charissa Echavez | May 04, 2016 12:31 PM EDT
China has been named the top spender on mobile games with a total revenue of $7.1 billion, surpassing both the United States and Japan, according to the latest reports by intelligence companies Newzoo and TalkingData. read more
Rina S. | May 04, 2016 10:30 AM EDT
Uber has announced that it is partnering with Alipay to gain a foothold in the lucrative Chinese market. Under the new deal, Chinese users will be able to use their Alipay accounts to settle the fare of their Uber taxi rides anywhere in the world. read more
Rina S. | May 04, 2016 08:04 AM EDT
After the iTunes Movies and iBooks debacle, Apple seems to be having more problems in China. The technology giant has lost a case it initiated to get an injunction against the use of the name 'iPhone' by a leather goods company called Xintong Tiandi Technology. 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
