04/19/2024 04:19:46 pm
04/19/2024 04:19:46 pm
Girish Shetti | Feb 22, 2017 05:00 AM EST
The Chinese conglomerate Dalian Wanda is reportedly facing regulatory hurdles to wrap up the $1bn buyout of the U.S production company Dick Clark Productions. read more
Ellie Froilan | Feb 21, 2017 03:39 AM EST
Xiaomi has officially entered the Pakistan market, partnering with Smart Link Technologies. read more
Prei Dy | Feb 21, 2017 05:30 AM EST
Shanghai-based CEFC China Energy Co. snatched the last 4 percent stake for the onshore venture, Abu Dhabi National Oil Co. (ADNOC) confirmed on Monday. CEFC will be paying an $888 million signing bonus. China National Petroleum Corp. (CNPC) was also awarded an 8 percent in exchange for a signing bonus of $1.8 billion. read more
Girish Shetti | Feb 20, 2017 01:47 AM EST
China's state owned oil and petroleum giant The China National Petroleum Corporation (CNPC) has snapped an 8 percent stake in Abu Dhabi's largest oil concession in a deal that is worth estimated to be $1.77 billion. read more
Girish Shetti | Feb 18, 2017 02:47 PM EST
Chinese conglomerate HNA Group has snapped up a 3.04 percent stake in Deutsche Bank, marking its latest acquisition. The minority stake will make the aviation and shipping company one of the largest shareholders in the embattled German financial firm. read more
Ellie Froilan | Feb 16, 2017 11:01 PM EST
Baidu has announced its acquisition of Beijing startup Raven Tech for its artificial intelligence advocacy. read more
Jenia Cane | Feb 16, 2017 04:50 PM EST
A leading international financial institution is confident that China will be able to achieve its target GDP this year notwithstanding the challenges facing the global economy. read more
Ellie Froilan | Feb 15, 2017 12:35 AM EST
Mattel has formed a strategic partnership with e-commerce giant Alibaba to develop new toys designed for the Chinese marketplace. read more
Girish Shetti | Feb 14, 2017 10:45 AM EST
China's state-owned Sinochem is in preliminary talks to pick up a substantial equity stake in the commodity giant Noble Group, according to inside sources. There is no information, however, on how much stake Sinochem is looking to buy in the commodity firm. read more
Girish Shetti | Feb 14, 2017 07:15 AM EST
China's microblogging website Weibo has for the first time leapfrogged its American peer Twitter in market capitalization, after Twitter's shares plunged two days in a row due to disappointing fourth quarter results. read more
Girish Shetti | Feb 14, 2017 03:13 AM EST
China's consumer inflation in January hit the highest level since May 2014 on the back of soaring food prices, official data showed on Tuesday. China's consumer price index increased 2.5 per cent in January from a year earlier. read more
Girish Shetti | Feb 10, 2017 10:34 AM EST
China's export in January finally bucked the declining trend on the back of an improving global demand. The Chinese export was continuously on a downslide during most part of the last year due to lacklustre demand in the global market. read more
Ellie Froilan | Feb 10, 2017 05:45 AM EST
Baidu Inc. has announced the shutdown of its two-year-old mobile healthcare business unit in exchange of artificial intelligence (AI) team. read more
Ellie Froilan | Feb 09, 2017 02:42 AM EST
Oppo has taken over the top spot of smartphone manufacturer in China; according to the current report of market research firm International Data Corporation (IDC). read more
Jenia Cane | Feb 08, 2017 08:59 AM EST
Several Chinese phone makers have been cited among the top brands that made it big in terms of smartphone sales in 2016. 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
