Italy's Chinese Enclave Suffers from Debt Crisis
Over 3,000 Chinese garment factories employing tens of thousands of Chinese are facing hard times in Prato.
Business
Yahoo Shares Jump on Talk of Alibaba-Softbank Offer
Shares of Yahoo! jumped 4.8% Thursday after word leaked that China e-commerce leader Alibaba and Japan's number two mobile carrier Softbank were readying a bid ...
Foxconn to Add 300,000 Robots Without Layoffs
The world's largest electronics contract manufacturer will 300,000 robots to its assembly lines without cutting any of its 1.2 million workers in China,
Yi Cui Achieves Grid-Battery Breakthrough
Yi Cui's new electrode appears ideally suited for use in batteries for electric power grids.
Small Business Startups Surge Among Older Koreans
he number of S. Koreans over the age of 50 who are self-employed jumped to a record 3.1 million in October.
Tokyo, Osaka Bourses to Merge into World's No. 2
Tokyo Stocks Exchange Group Inc. (TSE) and Osaka Securities Exchange Co. (OSE) will merge in January 2013 to create the world's second-largest stock exchange.
Surging China Demand Drives Up Soy Bean Prices
Soybean prices have surged after China decided to import six to eight shiploads to replenish its national soybean stockpile.
Lin Yang Enables Hi-Res Free TV for Speeding Cars
Lin Yang's SuperTV technology lets cars on US freeways receive terrestrial digital TV broadcasts in 1080i resolution.
China's Growth to Remain at Robust 9.2% in 2012
Despite the government measures to ease inflationary pressures, China's economy will grow a robust 9.2 percent in 2012.
Fiat's Wicked Small Racer Reborn at LA Auto Show
The Fiat 500 Abarth, which made its US debut at the 2011 LA Auto Show, is the car most likely to tempt driving enthusiasts who ...
Hong Kong Disneyland Begins Expansion Amid Red Ink
On Thursday Hong Kong Disneyland kicked off the first phase of an expansion aimed at allowing it ultimately to turn a profit.
China Imports Record Amount of US Pork
US pork imports to China hit a new high in September of 41,000 tons.
China LED Sector in Shakeout Amid Bright Prospects
China's LED makers are facing increasingly dark days ahead due to severe over-investment leading to cutthroat competition.
Hong Kong Tops US, UK in Global Financial Development Survey
Hong Kong has passed the US and the UK to become the first Asian market to become the most highly developed global financial center.
China Stock Indexes Lost 20% in 2011
The total market value of stocks listed on China's stock exchanges fell from 30.5 trillion yuan ($4.8 bil.) at the end of 2010 to 24.6 ...
China Hurts Foreign Tech Producers by Cutting Rare-Earth Exports
China's cuts to its rare-earth exports are giving a cost advantage to firms that manufacture a long list of hi-tech products in China while shoring ...
Hacked Personal Data Widely Available in China
The personal data of 10 million China Mobile subscribers was just one batch of hacked data available for sale by a group recently arrested by ...
Korean Ramen Leader Surprised by Bland Taste Buds
A surprising shift in taste among Korea's millions of ramen lovers has caught by surprise the nation's top ramen maker and given a big boost ...
China Buys 2nd Major Canadian Oil Company
One of China's national energy companies bought a major Canadian oil and natural gas company for $2.1 billion in China's second acquisition this year of ...
Edward Jung Calls for New Large-Scale Innovation Model
Edward Jung sees the need for an entirely new scale of innovation to tackle today's big problems.
China to Become Daimler-Benz's No. 2 Shareholder
The maker of Mercedes-Benz luxury cars and industrial vehicles will sell a 5-10% stake to China's sovereign wealth fund.
S. Korea Inks $1.1 Bil. Deal to Sell Subs to Indonesia
Daewoo Shipbuilding has signed S. Korea's largest-ever arms export deal Wednesday under which it will sell three submarines to Indonesia for $1.1 bil.
Hot Money Seen Flowing Out of China As Yuan Slides
China's four major state-owned banks have seen deposits fall by 400 billion yuan ($63 billion) in the first ten days of December.
Toyota in Talks to Start Buying Parts from Hyundai
In yet another sign of the eroding market position of Japan's leading carmakers, Toyota may follow other Japanese automakers in importing key parts from South ...
David Eun Hired to Head Up Samsung Media Push
Former AOL Media and Studios President David Eun will head up Samsung's global media strategy.
China Slaps Duties on US Cars As Trade Tiff Escalates
Cars made in the US will have anti-subsidy and anti-dumping duties imposed on them effective December 15.
Korean Dramas Help Japanese TV's Bottom Line
Low-cost imported Korean TV dramas help Japan's TV networks cope with shrinking advertising revenues.
Bhushan Sopori Uses Light to Boost Solar Cell Efficiency
Bhushan Sopori's optical oven saves half the energy used in baking solar cells while boosting their photovoltaic efficiency.
Foxconn Posts Record Revenues in November
Strong demand for Apple iPhones and iPads has helped Taiwan-based OEM Foxconn post record revenues of NT$300 billion ($10 bil.) in November.
JiangJiang Gu Develops Super-Efficient Nanowire 3-D Transistor
Jiangjiang Gu's nanowire transistor breaks the speed and energy-efficiency barriers of silicon transistors.
Taiwan, Intel to Develop Super-Efficient Memory Chips
Taiwan and Intel will jointly develop new computer memory products within five years.
China Consumers Remain Confident of Income Growth
China's consumers are even more confident of continuing income growth this year than they were last year despite the high inflation rate.
Hong Kong's Top Media Mogul to Retire at 104
Legendary producer Run Run Shaw, who built the Hong Kong film industry into a global player, will retire from Television Broadcasts Ltd (TVB) at the ...
Small Imported Cars Tops in S. Korea Sales Growth
Import car sales jumped 12.1% in November over October while sales of domestic makes have fallen for two straight months.
L. Jay Guo Develops Coating for Radar-Invisible Paint
L. Jay Guo has used nanotubes to develop a coating to make military vehicles invisible to both the naked eye and to radar.
S. Korea Passes UK, Italy, Netherlands in Export Volume
S. Korea's total goods export volume soared 20.5% during the first 11 months of 2011 to reach $508.7 billion.
Air France Suspends Maintenance in China
Air France suspended maintenance of its aircraft by China's Taeco on safety concerns raised by finding 30 screws missing from one of its planes.
Kuwait Takes $1.1 Bil. Profit from Sale of Citi Stake
Kuwait's sovereign wealth fund said Sunday it booked a profit of $1.1 billion by selling the stake it took in Citigroup Inc. less than two ...
GM to Invest $700 Mil. in 8 Chevy Volt Plants
General Motors Co. said Monday it will spend $700 million at eight Michigan facilities to get its new rechargeable electric car road-ready
Chinese Companies Expected to Have Strong IPOs
Three profitable Chinese companies are expected to have powerful market debuts this week as they impress investors with balance sheets and earnings
Tata Group Launches Water Purifier for the Masses
At about two feet tall, it may turn out to be the world's most compact revolution: The Tata Swach, launched Monday, is a water purifier ...
Virgin Galactic Unveils SpaceShipTwo for Space Tourists
After five years of secret construction, the cloak is coming off a privately funded spacecraft designed
Nikkei Hits 6-Week High on Lower Yen
Asian markets were mixed Monday, with a weaker yen lifting Japanese stocks to a six-week high, while a drop in the U.S. unemployment rate failed ...
Jobless Professionals Vie for Holiday Sales Work
Mara Proctor used to design limestone hearths and columns for luxury homes near Kansas City, drawing on her college education and six years of training.
Colleges Explore Geothermal Power Systems
More college campuses are exploring geothermal power as a way to reduce energy costs that can add up to millions of dollars each year.
China Wind Power Companies Expand Overseas
China's Goldwind Science & Technology Ltd. is one of the world's biggest makers of wind turbines — a cornerstone of the booming clean power business
Nvidia, AMD Relieved Intel Scraps Graphics Chip
Shares of Nvidia Corp. and Advanced Micro Devices Inc. jumped Monday after rival Intel Corp. scrapped plans to make a new graphics
Tuna Farmers Raise Real Chicken of the Sea
Thousands of tuna, their silver bellies bloated with fat, swim frantically around in netted areas of a small bay, stuffing themselves until they grow twice
Chevron to End East Coast Retail Operations
Chevron will pull its name from about 1,100 service stations in eastern states, the oil giant said Friday.
Italy's Chinese Enclave Suffers from Debt Crisis
Over 3,000 Chinese garment factories employing tens of thousands of Chinese are facing hard times in Prato.
Yahoo Shares Jump on Talk of Alibaba-Softbank Offer
Shares of Yahoo! jumped 4.8% Thursday after word leaked that China e-commerce leader Alibaba and Japan's number two mobile carrier Softbank were readying a bid ...
Foxconn to Add 300,000 Robots Without Layoffs
The world's largest electronics contract manufacturer will 300,000 robots to its assembly lines without cutting any of its 1.2 million workers in China,
Yi Cui Achieves Grid-Battery Breakthrough
Yi Cui's new electrode appears ideally suited for use in batteries for electric power grids.
Small Business Startups Surge Among Older Koreans
he number of S. Koreans over the age of 50 who are self-employed jumped to a record 3.1 million in October.
Tokyo, Osaka Bourses to Merge into World's No. 2
Tokyo Stocks Exchange Group Inc. (TSE) and Osaka Securities Exchange Co. (OSE) will merge in January 2013 to create the world's second-largest stock exchange.
Surging China Demand Drives Up Soy Bean Prices
Soybean prices have surged after China decided to import six to eight shiploads to replenish its national soybean stockpile.
Lin Yang Enables Hi-Res Free TV for Speeding Cars
Lin Yang's SuperTV technology lets cars on US freeways receive terrestrial digital TV broadcasts in 1080i resolution.
China's Growth to Remain at Robust 9.2% in 2012
Despite the government measures to ease inflationary pressures, China's economy will grow a robust 9.2 percent in 2012.
Fiat's Wicked Small Racer Reborn at LA Auto Show
The Fiat 500 Abarth, which made its US debut at the 2011 LA Auto Show, is the car most likely to tempt driving enthusiasts who ...
Hong Kong Disneyland Begins Expansion Amid Red Ink
On Thursday Hong Kong Disneyland kicked off the first phase of an expansion aimed at allowing it ultimately to turn a profit.
China Imports Record Amount of US Pork
US pork imports to China hit a new high in September of 41,000 tons.
China LED Sector in Shakeout Amid Bright Prospects
China's LED makers are facing increasingly dark days ahead due to severe over-investment leading to cutthroat competition.
Hong Kong Tops US, UK in Global Financial Development Survey
Hong Kong has passed the US and the UK to become the first Asian market to become the most highly developed global financial center.
China Stock Indexes Lost 20% in 2011
The total market value of stocks listed on China's stock exchanges fell from 30.5 trillion yuan ($4.8 bil.) at the end of 2010 to 24.6 ...
China Hurts Foreign Tech Producers by Cutting Rare-Earth Exports
China's cuts to its rare-earth exports are giving a cost advantage to firms that manufacture a long list of hi-tech products in China while shoring ...
Hacked Personal Data Widely Available in China
The personal data of 10 million China Mobile subscribers was just one batch of hacked data available for sale by a group recently arrested by ...
Korean Ramen Leader Surprised by Bland Taste Buds
A surprising shift in taste among Korea's millions of ramen lovers has caught by surprise the nation's top ramen maker and given a big boost ...
China Buys 2nd Major Canadian Oil Company
One of China's national energy companies bought a major Canadian oil and natural gas company for $2.1 billion in China's second acquisition this year of ...
Edward Jung Calls for New Large-Scale Innovation Model
Edward Jung sees the need for an entirely new scale of innovation to tackle today's big problems.
China to Become Daimler-Benz's No. 2 Shareholder
The maker of Mercedes-Benz luxury cars and industrial vehicles will sell a 5-10% stake to China's sovereign wealth fund.
S. Korea Inks $1.1 Bil. Deal to Sell Subs to Indonesia
Daewoo Shipbuilding has signed S. Korea's largest-ever arms export deal Wednesday under which it will sell three submarines to Indonesia for $1.1 bil.
Hot Money Seen Flowing Out of China As Yuan Slides
China's four major state-owned banks have seen deposits fall by 400 billion yuan ($63 billion) in the first ten days of December.
Toyota in Talks to Start Buying Parts from Hyundai
In yet another sign of the eroding market position of Japan's leading carmakers, Toyota may follow other Japanese automakers in importing key parts from South ...
David Eun Hired to Head Up Samsung Media Push
Former AOL Media and Studios President David Eun will head up Samsung's global media strategy.
China Slaps Duties on US Cars As Trade Tiff Escalates
Cars made in the US will have anti-subsidy and anti-dumping duties imposed on them effective December 15.
Korean Dramas Help Japanese TV's Bottom Line
Low-cost imported Korean TV dramas help Japan's TV networks cope with shrinking advertising revenues.
Bhushan Sopori Uses Light to Boost Solar Cell Efficiency
Bhushan Sopori's optical oven saves half the energy used in baking solar cells while boosting their photovoltaic efficiency.
Foxconn Posts Record Revenues in November
Strong demand for Apple iPhones and iPads has helped Taiwan-based OEM Foxconn post record revenues of NT$300 billion ($10 bil.) in November.
JiangJiang Gu Develops Super-Efficient Nanowire 3-D Transistor
Jiangjiang Gu's nanowire transistor breaks the speed and energy-efficiency barriers of silicon transistors.
Taiwan, Intel to Develop Super-Efficient Memory Chips
Taiwan and Intel will jointly develop new computer memory products within five years.
China Consumers Remain Confident of Income Growth
China's consumers are even more confident of continuing income growth this year than they were last year despite the high inflation rate.
Hong Kong's Top Media Mogul to Retire at 104
Legendary producer Run Run Shaw, who built the Hong Kong film industry into a global player, will retire from Television Broadcasts Ltd (TVB) at the ...
Small Imported Cars Tops in S. Korea Sales Growth
Import car sales jumped 12.1% in November over October while sales of domestic makes have fallen for two straight months.
L. Jay Guo Develops Coating for Radar-Invisible Paint
L. Jay Guo has used nanotubes to develop a coating to make military vehicles invisible to both the naked eye and to radar.
S. Korea Passes UK, Italy, Netherlands in Export Volume
S. Korea's total goods export volume soared 20.5% during the first 11 months of 2011 to reach $508.7 billion.
Air France Suspends Maintenance in China
Air France suspended maintenance of its aircraft by China's Taeco on safety concerns raised by finding 30 screws missing from one of its planes.
Kuwait Takes $1.1 Bil. Profit from Sale of Citi Stake
Kuwait's sovereign wealth fund said Sunday it booked a profit of $1.1 billion by selling the stake it took in Citigroup Inc. less than two ...
GM to Invest $700 Mil. in 8 Chevy Volt Plants
General Motors Co. said Monday it will spend $700 million at eight Michigan facilities to get its new rechargeable electric car road-ready
Chinese Companies Expected to Have Strong IPOs
Three profitable Chinese companies are expected to have powerful market debuts this week as they impress investors with balance sheets and earnings
Tata Group Launches Water Purifier for the Masses
At about two feet tall, it may turn out to be the world's most compact revolution: The Tata Swach, launched Monday, is a water purifier ...
Virgin Galactic Unveils SpaceShipTwo for Space Tourists
After five years of secret construction, the cloak is coming off a privately funded spacecraft designed
Nikkei Hits 6-Week High on Lower Yen
Asian markets were mixed Monday, with a weaker yen lifting Japanese stocks to a six-week high, while a drop in the U.S. unemployment rate failed ...
Jobless Professionals Vie for Holiday Sales Work
Mara Proctor used to design limestone hearths and columns for luxury homes near Kansas City, drawing on her college education and six years of training.
Colleges Explore Geothermal Power Systems
More college campuses are exploring geothermal power as a way to reduce energy costs that can add up to millions of dollars each year.
China Wind Power Companies Expand Overseas
China's Goldwind Science & Technology Ltd. is one of the world's biggest makers of wind turbines — a cornerstone of the booming clean power business
Nvidia, AMD Relieved Intel Scraps Graphics Chip
Shares of Nvidia Corp. and Advanced Micro Devices Inc. jumped Monday after rival Intel Corp. scrapped plans to make a new graphics
Tuna Farmers Raise Real Chicken of the Sea
Thousands of tuna, their silver bellies bloated with fat, swim frantically around in netted areas of a small bay, stuffing themselves until they grow twice
Chevron to End East Coast Retail Operations
Chevron will pull its name from about 1,100 service stations in eastern states, the oil giant said Friday.
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