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Marcel Woo

ADB Cuts Growth Forecasts for China for 2014, 2015

Dec 19, 2014 08:41 PM EST

Citing the country's falling property prices and its spillover effects on the construction sector, the Asian Development Bank (ADB) has trimmed its economic growth forecasts for China for 2014 and 2015.

Former Brooklyn Pauper Gets Direct Line to Prince William

Marcel Woo |

Dec 09, 2014 06:41 PM EST

Former pauper Steven Prescod of Brooklyn had the best moment of his life when Prince William gave him his direct contact number following a performance inside a non-profit home in Manhattan.

Australia Eyes More Chinese Tourists

Marcel Woo |

Dec 09, 2014 06:19 PM EST

Australia is implementing new measures aimed at further enticing Chinese tourists to come to the country as the government seeks to more than double the number of visitors from China to 1.49 million.

China Likely to Trim Economic Growth Targets for 2015

Marcel Woo |

Dec 02, 2014 06:19 PM EST

Economists closely monitoring China's gross domestic products (GDP), a measure of the economic health of the country, said the central government will likely cut its growth projections for 2015.

Shanghai to Become Leading Emerging Financial Center By 2019 - Survey

Marcel Woo |

Nov 25, 2014 12:30 AM EST

The recent 2015 Global Regulatory Outlook survey showed that majority of finance professionals believe Shanghai in China will become the leading emerging financial center by 2019 especially now that the center of gravity of finance is shifting to China.

Chinese Star Swimmer Banned for Failing Doping Test

Marcel Woo |

Nov 24, 2014 04:11 AM EST

The China Anti-Doping Agency (CHINADA) has confirmed that Sun Yang, a Chinese multi-Olympic and world swimming champion, has bee banned from competitive swimming after he failed a doping test.

Suicide Bomber Kills 45 at Volleyball Match in Afghanistan

Marcel Woo |

Nov 23, 2014 10:34 AM EST

Officials say at least 45 people were confirmed dead when a suicide bomber blew himself up at a volleyball tournament in eastern Afghanistan.

Pacquiao to Mayweather: 'Fight Me!'

Marcel Woo |

Nov 23, 2014 10:17 AM EST

Following his lopsided victory against American Chris Algieri before a sold-out crowd at the Cotai Arena in Macau China, Filipino boxing icon Manny Pacquiao said he is ready to fight Floyd Mayweather Jr next year.

President Xi Jinping Returns to China After Oceania Visit

Marcel Woo |

Nov 23, 2014 09:56 AM EST

Following a successful three-nation official visit to Oceania, Chinese President Xi Jinping returned to China's capital, Beijing, on Sunday night with renewed ties with Australia, New Zealand and Fiji.

Three Chinese Automakers To Recall More Than 500,000 Cars

Marcel Woo |

Nov 18, 2014 03:02 AM EST

Due to suspected defects in fuel pumps, more than half a million cars in mainland China will be recalled by three Chinese automakers, the country's quality watchdog announced today.

Ex-Japan Military Official Says China Buying 5,000 Russian Missiles

Marcel Woo |

Oct 30, 2014 03:33 AM EDT

The Tokyo-based Japan Military Review was reported as saying that the Chinese government is likely to buy up to 5,000 Russian air-to-air missiles in addition to the more than 5,000 missiles it already purchased in the past.

China's Unemployment Rate Steady in September

Marcel Woo |

Oct 27, 2014 10:41 PM EDT

Urban unemployment rate in China was 4.07 percent at the end of September, nearly the same as the 4.08% rate registered in the second quarter of this year, the country's labor ministry revealed.

Italian luxury brand Gucci has found a new China head who will take over the previous China chief who quit just 18 months on the job.

Marcel Woo |

Oct 24, 2014 11:23 PM EDT

Italian luxury brand Gucci has found a new China head who will take over the previous China chief who quit just 18 months on the job.

Eating These Foods Will Make You Happy - Study

Marcel Woo |

Oct 21, 2014 11:03 PM EDT

Researchers at the University of Queensland (UQ) in Australia said that eating huge amounts of fruits and vegetables will not only make one healthier but can actually make people happier.

China's Investment in S Korea Up in H1

Marcel Woo |

Oct 21, 2014 10:50 PM EDT

China and South Korea continues to expand its trade relations as Chinese investments into the South Korean economy reached US$780 million in the first six months of the year, economists said.