Benjie Batanes
Xiaomi Set to Invade US Market
| Benjie Batanes | | Jul 17, 2015 09:13 AM EDT |
Apple's toughest rival in the Chinese market, Xiaomi, is making plans to sell its smartphones in the United States, according to a Xiaomi executive who made the announcement in a television interview held last Thursday night.
Action Star Jet Li Invests in Chinese Stocks Via Shell Company
| Benjie Batanes | | Jul 17, 2015 06:36 AM EDT |
Chinese actor Jet Li, his wife, and other associates purchased the shares of a Hongkong shell company worth $187 million on Friday, July 10. Shell companies are now viewed as the easiest way to gain entry in the Chinese stock market than launching initial public offerings.
Philippines to Continue Repairs on Grounded Navy Ship in Disputed Shoal Despite China's Objections
| Benjie Batanes | | Jul 16, 2015 11:15 AM EDT |
The Philippine government announced on Tuesday that repairs on a navy ship that has been grounded in a contested shoal since 1999 will proceed as planned despite objections from China. Both countries claim ownership of the disputed shoal.
Shinzo Abe Robot Look-alike 'Bows and Apologizes' on Behalf of Japanese Leader at Shanghai Expo
| Benjie Batanes | | Jul 16, 2015 09:57 AM EDT |
A robot dressed to look like the Japanese Prime Minister Shinzo Abe was part of an exhibit at a recent Shanghai expo. The Abe robot's constant smile and apologetic bow made it one a favorites of many visitors.
Netflix Will be Available in 200 Countries by 2016 – Except China
| Benjie Batanes | | Jul 16, 2015 08:09 AM EDT |
Netflix announced on Wednesday that its online streaming service will be available in 200 countries by 2016, except China. The company said that it would need more time to comply with the requirements imposed by government regulators.
Chinese Prosecutors File Charges Against Founder of Sham Buddhist Cult
| Benjie Batanes | | Jul 16, 2015 06:00 AM EDT |
Authorities in the Chinese province of Guangdong informed the media on Wednesday that they have filed various criminal charges against the founder and leader of a cult that claims to follow the teachings of Buddhism.
'El Chapo's' Escape from High Security Cell Caught on Video [RAW FOOTAGE]
| Benjie Batanes | | Jul 15, 2015 12:55 PM EDT |
Mexican authorities have released a video footage on Tuesday detailing how Joaquin Guzman, also known as "El Chapo," made his escape from prison through a tunnel in his cell.
Chinese Stocks Fall Again After Recent Recovery
| Benjie Batanes | | Jul 15, 2015 11:20 AM EDT |
Chinese stocks have once again resumed their downward trend despite a 7-percent rise in the country's gross domestic product (GDP). The stocks started its descent Tuesday and kept falling until the close of Wednesday's trading.
Japan's Debates New Security Bill Permitting Foreign Military Intervention as China Strengthens Claims Over South China Sea
| Benjie Batanes | | Jul 15, 2015 10:03 AM EDT |
Japanese lawmakers are set to debate the pros and cons of a security bill that will increase the role of the country's military. The government-sponsored bill argues that the constitution allows Japanese soldiers to conduct military engagements in order to help its "allies."
China Bank Lending Increased in June, Helped by Central Bank's Incentives
| Benjie Batanes | | Jul 15, 2015 07:35 AM EDT |
China bank lending for the month of June has reportedly reached around 1.27 trillion yuan ($206.18 billion). The series of incentives released by the People's Bank of China (PBOC) helped achieved the better-than-expected figures.
Chinese Tech Company Makes $23 Billion Offer for American Chip Manufacturer Micron
| Benjie Batanes | | Jul 14, 2015 01:33 PM EDT |
Chinese tech company Tsinghua Unigroup is rumored to have made a $23 billion offer on Wednesday to buy US-based chip manufacturer Micron. If the deal pushes through, it would go down as the largest Chinese purchase of an American company in history.
Transgenders Will Soon be Allowed in the United States Military
| Benjie Batanes | | Jul 14, 2015 12:13 PM EDT |
US Secretary of Defense Ash Carter ordered ordered military officials on Monday to make the necessary steps that will legally enable transgenders to enter military service without fear of repercussions.
Chinese Authorities Outlaw Internet 'Margin Investing' Ads
| Benjie Batanes | | Jul 14, 2015 11:08 AM EDT |
Chinese authorities have declared all "margin ads" online as illegal and ordered their immediate removal. This latest move is just one of the series of actions that the Chinese government is employing to arrest the further decline of the country's stock market.
Google Search Engine No Longer Features Chinese Names of Disputed Shoal
| Benjie Batanes | | Jul 14, 2015 07:21 AM EDT |
Starting Tuesday July, 14, Google will no longer use the Chinese name of a shoal whose ownership is being hotly contested by both China and the Philippines. The Internet search engine made the decision after the Philippines protested.
Republican Governor Scott Walker Declares Candidacy for United States President
| Benjie Batanes | | Jul 13, 2015 10:03 AM EDT |
The governor of Wisconsin, Scott Walker, has announced his bid to become the Republican party's nominee for president of the United States on Monday. Walker said that he is seeking the country's highest office because Americans need a leader who will "fight for them."
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