12/24/2024 09:05:33 pm
12/24/2024 09:05:33 pm
Charissa Echavez | Apr 15, 2016 09:49 AM EDT
China's mobile game industry has been steadily gaining ground in the country's overall digital games market, with mobile games now accounting for nearly half of China's total digital gaming revenue. read more
Charissa Echavez | Apr 14, 2016 03:38 PM EDT
Top Chinese banks as well as Standard Chartered and ANZ will join the latest yuan-dominated gold benchmark, representing China’s biggest step towards becoming metal’s price setter. read more
Charissa Echavez | Apr 14, 2016 03:28 PM EDT
Australia has sent its biggest-ever delegation to capitalize on China's shift from mining to dining. read more
Charissa Echavez | Apr 14, 2016 03:06 PM EDT
Importing infant formula milk to China will now require an official approval starting 2018, the finance ministry announced, a reprieve for companies who expressed concerns that the new policy would take effect immediately. read more
Rina S. | Apr 13, 2016 04:30 PM EDT
The world's second largest economy China presented a surprisingly optimistic trade data for the month of March, putting market concerns to a rest. The country showed an11.5 percent increase in its export, while its imports were down by 7.6 percent on dollar basis. The results were even better in CNY terms, where exports showed 18.7 percent increase and imports went down by 1.7 percent. read more
Chi Cuesta | Apr 12, 2016 02:31 PM EDT
Alibaba Group Holding Ltd. continues its acquisition spree as the Chinese Internet giant announced that it is buying a controlling stake in Lazada Group, a Singapore e-commerce startup, to the tune of $1 billion. The said procurement is the company's biggest to date. read more
Charissa Echavez | Apr 12, 2016 02:19 PM EDT
China's direct investment in the United States is on track to hit a $30 billion mark this year, according to a study conducted by research firm Rhodium Group and the National Committee on US-China Relations. read more
Charissa Echavez | Apr 12, 2016 11:18 AM EDT
Chinese travelers who use the ride-hailing app Didi Kuaidi in China can still use the mobile app to book a ride through its new partner Lyft when visiting the United States. read more
Alexis Villarias | Apr 12, 2016 09:39 AM EDT
Jack Ma, the founder of the multi-billion dollar online retailer Alibaba, completed the purchase of Chateau de Sours in Bordeaux, adding to the growing list of Chinese investors interested in France's wine region. The purchase is expected to quench China's growing thirst for top vintage wines. read more
Girish Shetti | Apr 12, 2016 01:55 PM EDT
China's Conglomerate HNA Group is set to acquire Gategroup, a Swiss-based airline catering firm, for $1.5 bn. read more
Charissa Echavez | Apr 11, 2016 04:05 PM EDT
PetroChina, the country's biggest oil producer, posted the highest amount of liabilities among all non-financial A-share firms with 1.05 trillion yuan ($162.8 billion), the worst in nearly two decades. read more
Charissa Echavez | Apr 10, 2016 02:26 PM EDT
Tata-owned Jaguar Land Rover will reportedly recall more than 36,000 faulty luxury units in China from July 1 to fix some glitches. read more
Charissa Echavez | Apr 10, 2016 02:52 PM EDT
Japanese car manufacturer Subaru will recall over 14,000 sport utility vehicles (SUVs) in China over glitches in their electronic parking brake systems, China's quality watchdog revealed on Friday. read more
Girish Shetti | Apr 10, 2016 11:14 AM EDT
In fresh bid to save struggling Tata's steel operation in the UK, London has made fresh plea to China to cut down its steel production. read more
Charissa Echavez | Apr 10, 2016 06:41 AM EDT
China's Apex Technology is reportedly in talks to acquire American laser printer manufacturer Lexmark International Inc., Reuters reported, citing insiders familiar with the issue. 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
