05/18/2024 04:36:13 pm
05/18/2024 04:36:13 pm
Charissa Echavez | Oct 07, 2016 10:55 AM EDT
Xiaomi has finally opened its first store outside Greater China. read more
Girish Shetti | Oct 07, 2016 11:33 AM EDT
Avolon Holdings Ltd, part of China's aviation conglomerate HNA Group, announced on Thursday that it will acquire CIT Group Inc's aircraft leasing business for $10 billion. read more
S. Rina | Oct 07, 2016 11:22 AM EDT
China surpassed US to emerge as the top M&A dealmaker globally. This is the first time since 2008, the US has lost its top spot. read more
S. Rina | Oct 07, 2016 10:46 AM EDT
China Shipping Group Co. and China Ocean Shipping (Group) Co. (Cosco Group) have agreed to merge 11 of their shipbuilding yards into a single entity. read more
Charissa Echavez | Oct 07, 2016 01:47 AM EDT
A congressional panel is appealing to the next US president to control Chinese investment in American entertainment, the Internet and media assets. read more
Charissa Echavez | Oct 06, 2016 12:00 PM EDT
Walt Disney Co. said that its visitors in the new Shanghai Park have "exceeded our expectations," dismissing recent reports that visitor numbers fall short of analysts' estimates. read more
Charissa Echavez | Oct 06, 2016 01:29 AM EDT
Exxon Mobil Corp. has announced a multi-year sponsorship with the National Basketball Association (NBA) in China and the United States. read more
Girish Shetti | Oct 06, 2016 12:06 PM EDT
China's technology giant Lenovo Group Ltd is set to acquire Fujitsu Ltd's personal computer business, a Japanese business daily reported on Thursday. The sale is expected to allow the Japanese electronics company to focus on its IT services and other businesses as the PC market continues to shrink. read more
S. Rina | Oct 07, 2016 08:38 AM EDT
Yum Brands is scheduled to spin off its China division on October 31. The company announced lower than expected revenue for the third quarter of this year. Its China division also showed a declining trend. The company said its revenue has been negatively impacted by the ongoing South China Sea dispute. read more
Iesha javed | Oct 05, 2016 08:38 PM EDT
The People's Republic of China will see nearly 600 million Chinese tourists making trips across the country, as the country celebrates its 67th National Day. Popularly called the "Golden Week", the days following the celebration saw tourists flocking to local tourist spots or flying overseas, starting Saturday. read more
S. Rina | Oct 05, 2016 06:03 PM EDT
China has taken action to cool its soaring real estate market. Four major cities in the country have put restrictions on new property purchases. Housing prices have been skyrocketing across China, especially in tier-1 and tier-2 countries. read more
S. Rina | Oct 05, 2016 05:16 PM EDT
Goldman Sachs, in its latest report, has raised apprehensions about the future course of China's housing market. The report discussed the impact of a downturn on the country's housing market on its metals sector. The bank cited possible overcapacity in China's housing market as a cause of concern. read more
Charissa Echavez | Oct 05, 2016 07:00 AM EDT
Chinese multinational technology company Lenovo said it is considering India as a potential center for manufacturing its laptops. read more
Charissa Echavez | Oct 05, 2016 01:50 AM EDT
Ericsson plans to lay off about 20 percent of its workforce in Sweden as demand of specialty wireless products weakens and competition from China's Huawei and Finland's Nokia intensifies. read more
Charissa Echavez | Oct 05, 2016 12:01 AM EDT
Japanese information technology firm Fujitsu is teaming up with China's Shanghai Yidian to sell factory management systems in China, Nikkei Asian Review reported. 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
