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Mia Lindog

Home prices in China slid in July from June as tight lending conditions dampen demand despite local governments easing of regulations.REUTERS/Aly Song

China Home Prices Continue Fall On Weak Demand

Aug 18, 2014 03:48 AM EDT

The downtrend in prices of new houses in China continued in July, with the effort of local governments to relax regulations insufficient counter the tighter mortgage lending conditions in the country, Bloomberg reported.

China Banks' Bad Loan Remains Low But Buffers Slip

Mia Lindog |

Aug 17, 2014 07:57 AM EDT

Chinese banks' reserves for soured loans fell to its lowest level in three years, which could slow down profits as they are forced to set aside higher levels as protection for rising bad debts.

China Phone Subsidy Cut Hurting Samsung and Apple But Boosting Local Carriers and Brands

Mia Lindog |

Aug 17, 2014 07:28 AM EDT

The decision of China's telecommunication regulator to curb the marketing expenses of the country's top carriers will hurt Samsung and Apple in the world's largest phone market but boost local players, reported Bloomberg.

China Continues Anti-Corruption With Audit of Local Government Land Sales

Mia Lindog |

Aug 17, 2014 03:31 AM EDT

China is looking to hold a nationwide audit of government land sales and related deals as part of President Xi Jinping's anti-corruption drive, according to a Reuters reports.

Google Buys Startup JetPac

Mia Lindog |

Aug 17, 2014 03:03 AM EDT

Tech giant Google Inc disclosed on its website plans to purchase JetPac, Inc., a startup that develops travel guides using Instagram photos as reference, Reuters reported.

US Regulator Oks IBM-Lenovo Server Deal

Mia Lindog |

Aug 17, 2014 02:42 AM EDT

International Business Machines Corp.'s (IBM) efforts to focus on its higher margin businesses continued on Friday as it disclosed that US regulators have approved its plans to sell its low-end server business to the Lenovo Group.

Big Dogs A Big Hit In Hong Kong, But Animal Activists Disapprove

Mia Lindog |

Aug 15, 2014 05:49 AM EDT

In Hong Kong, people are showing that they are one of the top dogs by lugging big dogs around, a CNN report showed.

Weibo Cuts Losses As Ad Revenues Jump On Increased Subscribers

Mia Lindog |

Aug 15, 2014 12:34 AM EDT

Weibo Corp., the online messaging subsidiary of Chinese internet firm Sina Corp., trimmed its losses in the second quarter after advertising revenues sharply rose as more users signed up for the service.

Coke will invest in Monster in a bid to strengthen its performance in the energy drink segment

Coke Looks For Energy Drink Boost With Monster Deal

Mia Lindog |

Aug 14, 2014 11:40 PM EDT

Beverage giant Coca-Cola Co. plans to buy a minority stake in energy drink maker Monster Beverage Corp. to strengthen its foothold in that growing market segment, the Los Angeles Times reported.

Burger King Drops Healthy Fries From Menu

Mia Lindog |

Aug 14, 2014 12:24 AM EDT

Fast-food chain operator Burger King is shelving in the US its healthier French fry option named Satisfries, with demand not picking up as expected despite much hype for the product, the Wall Street Journal reported.

Negative Publicity On Killer Whales Bites Seaworld's Profits

Mia Lindog |

Aug 13, 2014 10:34 PM EDT

Share prices of marine theme park operator SeaWorld Entertainment, Inc. dropped to a record low on Wednesday, after the company reported weak earnings due to floundering attendance caused by negative publicity on its captive killer whales.