12/24/2024 07:47:30 am
12/24/2024 07:47:30 am
Girish Shetti | Apr 23, 2016 06:42 PM EDT
India surpassed China to emerge as the top destination for foreign direct investment (FDI) in 2015. India attracted $63 billion worth of foreign investment last year, according to FDI Intelligence - a unit of the Financial Times group. read more
Rina S. | Apr 23, 2016 11:08 AM EDT
China announced that its economy grew by 6.7 percent. However, the concerns about its economy still persist. Billionaire investor George Soros said that the current situation of the Chinese economy is akin to the 2008 financial crisis in the United States. read more
Rina S. | Apr 22, 2016 12:37 PM EDT
Advanced Micro Devices (AMD) inked a collaboration with Tianjin Haiguang Advanced Technology Investment Co. (THATIC) to supply processors and system-on-chip technology for the Chinese market. The collaboration will also focus on design server chips. read more
Jenia Cane | Apr 21, 2016 11:57 PM EDT
As China's steel and coal industries continue to implement layoffs, the Central Government has revealed strategies that will help workers better cope with the challenges of losing their jobs. read more
Charissa Echavez | Apr 23, 2016 06:44 AM EDT
China will see a soaring demand of around 2,300 business jets in the next five years, pushing the industry's worth up to $103.5 billion, according to the joint report released by Minsheng Financial Leasing and Hurun Research Institute. read more
Charissa Echavez | Apr 21, 2016 08:09 AM EDT
Japanese authorities raided the office of multinational automotive manufacturer Mitsubishi Motors on Thursday after the carmaker admitted that it falsified its fuel economy data. read more
Phenny Lynn Palec | Apr 22, 2016 10:59 AM EDT
US district court judge Charles R. Breyer ordered car manufacturer Volkswagen in March to create a viable contingency plan to fix its diesel cars that will satisfy both federal and state officials read more
Maria Crisanta Echeverria | Apr 21, 2016 10:51 AM EDT
Being the world's top gold producer, China launched a Yuan-denominated gold price fix on Tuesday in its attempt to become a price setter in the London and New York markets. read more
Charissa Echavez | Apr 20, 2016 11:19 AM EDT
Chinese Internet company Baidu announced on Wednesday that it has raised about 1 billion yuan ($155 million) for its new video business subsidiary. read more
Charissa Echavez | Apr 20, 2016 11:11 AM EDT
Chinese search engine giant Baidu announced on Tuesday that it will expand its mapping service outside China, a move to tap the increasing number of Chinese tourists travelling overseas. read more
Charissa Echavez | Apr 20, 2016 01:20 PM EDT
Imports of counterfeited and pirated goods account for up to 2.5 percent (as much as $461 billion) of global trade, causing significant damage especially to French, Italian and US brands and state funds, the Organisation for Economic Cooperation and Development (OECD) revealed on Monday. read more
Rina S. | Apr 20, 2016 01:45 PM EDT
It is not just the US government which is at loggerheads with Apple when it comes to confidentiality. Apparently, China had also asked the Cupertino-based company to submit its proprietary source code to the authorities. However, the company's general counsel stated that the request was turned down. read more
Charissa Echavez | Apr 19, 2016 11:30 AM EDT
China, the world's top gold consumer, launched a yuan-denominated gold benchmark on Tuesday as it attempts to gain more control over its price and establish stronger influence on the international market. read more
Charissa Echavez | Apr 19, 2016 08:01 AM EDT
Shanghai Disneyland is recruiting 10,000 new talents from the fields of hospitality, food and beverage, and merchandise to run the new theme park equipped with a number attractions, musical plays and all sorts of retail outlets. read more
Rina S. | Apr 19, 2016 03:20 PM EDT
Amidst China's economic slump, the country has released encouraging numbers for the housing sector as home prices rose during last month. 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
