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Marcel Woo

China's Beer Industry Brews US$29 Billion Revenue

Apr 24, 2014 06:31 AM EDT

Despite the austerity drive of the Chinese government that hits sales of luxury drinks, China's beer industry managed to stay afloat and even registered a 9.3-percent revenue in 2013, from a year earlier, to US$29 billion.

Jobless Rate in China Drops in March

Marcel Woo |

Apr 24, 2014 06:11 AM EDT

China's unemployment rate last month was at 5.17 percent, a little lower than the jobless rate in February, the National Development and Reform Commission (NDRC) said.

Japanese Ship Released After Paying US$28.5M

Marcel Woo |

Apr 24, 2014 03:42 AM EDT

A Shanghai maritime court has issued the release of a Japanese ship earlier seized by China after the ship's owner settled its obligation by paying US $28.5 million on Thursday, state media said.

Software Copyright Registrations Increase in China

Marcel Woo |

Apr 23, 2014 11:35 AM EDT

The number of new software copyright registrations that China received last year has reached more than 164,300, a clear indication that Chinese software firms are now more aware about the country's intellectual property rights law.

Japanese Restaurant Raises US$10M for China Expansion

Marcel Woo |

Apr 23, 2014 11:06 AM EDT

Akasakatei, one of China's Teppanyaki, barbecue and Japanese-cuisine restaurant, announced that it has completed a round of financing to raise US $10 million for its planned expansion in the country, the food chain said.

China Seizes 14,455 Press Cards

Marcel Woo |

Apr 23, 2014 10:43 AM EDT

China's crackdown on fake journalists in the country has resulted in the confiscation of about 14,455 press cards and the investigation of at least 215 newspapers and magazines that are operating without a permit, the country's press authorities said.

Death Toll in S Korea Ferry Tragedy Hits 150

Marcel Woo |

Apr 23, 2014 04:45 AM EDT

The number of fatalities in South Korea's ferry sinking has gone up to 150 on Wednesday after hundreds of divers pulled out bodies from inside the submerged vessel.

AirAsia to Launch Xian-Kuala Lumpur Flights

Marcel Woo |

Apr 22, 2014 09:31 AM EDT

Malaysian low-cost airliner AirAsia announced today that it will launch its direct flights between China's Xi'an in Shaanxi Province and Malaysia's capital Kuala Lumpur on 2 July.

Man with 5,000 Bras to Open Museum

Marcel Woo |

Apr 22, 2014 08:35 AM EDT

What would you do if you have 5,000 bras and you can't use them because you are a man? Build a bra museum!

China's Fattest Man Dies of Heart, Lung Complications

Marcel Woo |

Apr 22, 2014 08:15 AM EDT

Sun Liang, the fattest and heaviest man in China, has died of heart and lung complications at the age of 22, the Qilu Evening News reported.

Reward Up to Locate Missing Chinese Soldier

Marcel Woo |

Apr 22, 2014 07:45 AM EDT

A Chinese soldier went missing during a field training activity and the army unit where he belongs is offering up to 100,000 Yuan (about US $16,000) for any information leading to the soldier or his weapon.

Toyota to Make, Sell Hybrid Sedans in China

Marcel Woo |

Apr 20, 2014 10:08 AM EDT

Starting next year, Japanese car manufacturer Toyota Motor Corp said it will be manufacturing and selling hybrid versions of its popular sedans Corolla and Levin, which will be fitted with China-made components.

Ebola Virus Claims 61 Lives in Guinea

Marcel Woo |

Apr 20, 2014 05:44 AM EDT

At least 61 people have died due to the outbreak of the virulent disease Ebola in Guinea since January, the country's Ministry of Health said on Saturday.

Chinese Bank Issues 'Pretty Mom' Credit Cards

Marcel Woo |

Apr 20, 2014 05:26 AM EDT

To corner a huge segment of China's young mothers, the Agricultural Bank of China (ABC), one of the four major banks in the country, has started issuing "Pretty Mom" credit cards on Friday, state media reported today.

Death Toll in Factory Blast Rises to 8

Marcel Woo |

Apr 20, 2014 02:51 AM EDT

The death toll in China's deadly chemical plant explosion on Wednesday has risen to eight after authorities pulled out the last remaining body as 5 pm on Saturday.