12/24/2024 09:29:46 pm
12/24/2024 09:29:46 pm
S Satapathy | Apr 01, 2016 07:12 AM EDT
Fast food giant McDonald's is planning to add 1,300 restaurants to its existing 2,200 over the next five years. read more
S Satapathy | Apr 01, 2016 07:11 AM EDT
The Asian Infrastructure Investment Bank (AIIB), where India is the second biggest shareholder after China, is looking to raise $500 million to support Prime Minister Narendra Modi's plan to expand the country's solar capacity to 100 gigawatts by 2022. read more
S Satapathy | Apr 01, 2016 07:32 AM EDT
The Asian Development Bank (ADB) has forecasted that China's economic growth reach 6.5 percent in 2016, according to its Asia Development Outlook 2016. read more
Charissa Echavez | Mar 31, 2016 08:34 AM EDT
China's growth will plummet by 6.5 percent in 2016 and further reduce to 6.3 percent in 2017, according to the annual economic outlook released by the Asian Development Bank (ADB) on Wednesday, further cautioning the country's huge industrial overcapacity. read more
Charissa Echavez | Mar 31, 2016 08:27 AM EDT
China's Anbang Insurance Group Co has raised its offer higher for Starwood Hotels & Resorts Worldwide Inc. to nearly $14 billion, Starwood confirmed on Monday, in its highly intense bidding war against Marriott International Inc. read more
Charissa Echavez | Mar 31, 2016 08:25 AM EDT
China's Anbang Insurance said that it has not exceeded its overseas investment quota yet following reports that it may be facing local policy barriers after raising its offer for Starwood Hotels & Resorts Worldwide at $14 billion, outbidding Marriott International's latest bid. read more
Jenia Cane | Mar 30, 2016 09:19 PM EDT
Samsung Pay, a mobile payment service, is now available in China. However, the company may find it difficult to dominate the Chinese market. read more
Jenia Cane | Mar 30, 2016 08:02 PM EDT
China's online education market is showing immense economic potential after a local Physics teacher reportedly earned an impressive 18,842 yuan ($2,890) within an hour for an online course he conducted. read more
J.B. Cach | Mar 29, 2016 05:57 PM EDT
Not lagging behind rival tech company Apple, Samsung has also launched ‘Samsung Pay,’ a convenient mobile payments service, in the world’s largest smartphone market. read more
Marcel Woo | Mar 29, 2016 09:28 AM EDT
Barely a day after Italian car maker Maserati announced a recall of at least 20,000 cars in China, American automobile manufacturer Chrysler also announced a recall of 60,332 Dodge Journey SUVs on the Chinese mainland. read more
Marcel Woo | Mar 29, 2016 09:09 AM EDT
Chinese industrial profits ended a seven-month losing streak in the first weeks of this year and rose at their fastest pace in more than 18 months, according to official data released by the National Bureau of Statistics (NBS). read more
Marcel Woo | Mar 29, 2016 08:59 AM EDT
Weak consumption and exports coupled with slower factory production and investment will further keep China's economic growth subdued in the first three months of the year but is expected to stabilize in the next quarter. read more
Jenia Cane | Mar 29, 2016 07:49 AM EDT
To ensure the success of China-supported railway projects being carried out in Indonesia and Thailand, the Chinese government is calling for closer cooperation with the two countries. read more
Marcel Woo | Mar 28, 2016 08:40 AM EDT
A defective design on Maserati's floor mat and accelerator pedal has triggered the Italian luxury car maker to recall a total of 20,842 vehicles in China. 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
