Business

McDonald's to Offer Garlic Fries in San Francisco for a Limited Time

Ellie Froilan   | May 04, 2016 03:33 AM EDT

McDonald's is testing a new product in four locations in San Francisco, garlic fries. read more

China Exported $2.22B Worth of Pharma Goods to India in 2014-2015

Charissa Echavez   | May 03, 2016 10:33 AM EDT

India posted a staggering $2.22 billion worth of pharmaceutical products imported from China between 2014 and 2015, Nirmala Sitharaman, India's Commerce and Industry Minister, said on Monday in a written response in Parliament. read more

Property Prices in China Continue to Grow in April Despite Tough Govt Regulations

Girish Shetti   | May 03, 2016 09:50 AM EDT

China's home prices continued to rise in April, according to the latest surveys separately conducted by the China Real Estate Index System (CREIS) and Real Estate Information Corporation (CRIC). read more

China's Manufacturing PMI Drops in April

Girish Shetti   | May 03, 2016 07:32 AM EDT

Manufacturing activities in China declined further in the month of April, according to a private survey conducted by Caixin magazine, a leading business and finance magazine in China. read more

Under Armour Warns Chinese Brand Uncle Martian Over Copyright Infringement

Rina S.   | May 03, 2016 09:56 AM EDT

Under Armour is one of the most recognizable brands of sportswear in the world. The company is now in a scuffle with Chinese company Uncle Martian, a newly launched athletic brand, due to its alleged use of Under Armour logo. read more

WeChat Now China’s Most Popular App with Over 700 Million Active Users Monthly

JB Boral   | May 02, 2016 11:54 AM EDT

In March, WeChat from Tencent broke the 700 million monthly active user (MAU) records, which shows how far the company is ahead of the competition, in terms of user base. For years now, it is said that WeChat, which was released first in January 2011, has been the social app choice of China. read more

Gucci Cautions Hong Kong Shops to Stop Selling Fake Gucci Paper Items for Funerals

Charissa Echavez   | May 02, 2016 05:10 PM EDT

Famous Italian brand Gucci has sent warning letters to Hong Kong shops to stop selling paper items with its logo as offerings for the deceased. read more

Craig Wright Claims to be Bitcoin Creator Satoshi Nakamoto

Charissa Echavez   | May 02, 2016 04:47 PM EDT

Australian businessman Craig Wright has publicly claimed to be behind the pseudoname Satoshi Nakamoto, the brain behind the famous digital currency Bitcoin. read more

Australian Air in a Can Arrives in China

Charissa Echavez   | May 02, 2016 10:00 AM EDT

More Chinese people will soon experience a taste of Australian air after two entrepreneurs from Sydney opened its Green Clean air business to capture and bottle fresh air for the Chinese market. read more

Jeep Sees Sales Growth in China Due to Domestic Production

Charissa Echavez   | May 02, 2016 09:54 AM EDT

US car manufacturer Jeep has seen growing sales in China after it decided to produce domestically beginning with the Cherokee last year. read more

PetroChina’s Revenue and Profit Took a Hit From Dangerous Oil Prices

Mia Ren   | May 01, 2016 10:42 PM EDT

PetroChina, a state-owned oil company and the country's largest oil producer, saw a decline in its profits during the first quarter of the year. read more

Chinese Firm Xiaomi to Introduce Smartwatch, Launches Smartwatch for Kids

Rina S.   | May 01, 2016 06:03 PM EDT

Chinese technology company Xiaomi is said to have been developing its own smartwatch. While this rumor have been around since 2015, the company has finally confirmed that it will be launching the wearable device later this year. read more

China’s Non-Manufacturing PMI Marginally Drops in April

Girish Shetti   | May 01, 2016 07:22 AM EDT

China's non-manufacturing Purchasing Managers Index (PMI) marginally declined in April to 53.5 from 53.8 in March, the National Bureau of Statistics (NBS) said on Sunday. The non-manufacturing PMI is a measurement of factory activities outside factory floors, mainly in service and real estate sectors. read more

AIG to Sell Stake in Chinese Insurance Company PICC P&C: Report

Girish Shetti   | Apr 30, 2016 05:22 PM EDT

American International Group (AIG) is planning to offload its stake in Chinese insurance company PICC P&C through a block deal, IFR said on Saturday, citing a term sheet of the deal. read more

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