BUSINESS: GOLDSEA

Subscribe Now to receive Goldsea updates!

Subscribe for updates on Goldsea: Asian American Daily

Subscribe Now

Business

Kai-Fu Lee Raises $180 Mil. for China Tech Incubator

Former search-engine wizard Kai-Fu Lee has raised $180 million more ...

Chinese Money Behind $1.2 Bil. Offer for Dodgers

Dodgers owner Frank McCourt has received a $1.2 billion offer ...

Hong Kong Has 3 of World's 10 Priciest Streets

Hong Kong's Causeway Bay trails only Manhattan's Fifth Avenue in ...

TDK Doubles Data Density of Hard Drives

Japan's TDK Corp. has doubled the recording capacity of hard ...

China Spreads Prosperity with Western Boomtowns

China's go-west strategy is erasing the glaring economic disparity between ...

Toyota May Face Major Recall in China

Toyota's declining market share in China may be further eroded ...

U.S. Solar Failures Give China Dominant Share

Government subsidies and the failures of several U.S. solar power ...

Intel to Develop Infotainment System for Hyundai Cars

Intel signed a deal Monday in Seoul to develop an ...

Jing Wong Heads Up Qualcomm's Global Business

UVA Law-grad Jing Wang now leads all regions of Qualcomm's ...

Toyota to Turn Camry into Hybrid

>The strong yen is forcing Toyota to stop exporting Camrys ...

Japan Rice Prices Jump on Radiation Rumors

Fears that rice from the disaster-struck Tohoku region will turn ...

Dell, Baidu Tie Up to Launch Tablets, Phones in China

U.S. PC giant Dell hopes to gain an edge in ...

Jess Lee Creates Truly Interactive Fashion Shopping

Jess Lee's Polyvore gives online fashionistas a digital playpen in ...

Japan to Lend $100 Bil. to Weaken Yen

Japan creates an emergency $100 bil. lending facility to combat ...

Lenovo Posts Record $5.9 Bil. Sales in Q2

China's top PC-maker hopes to challenge Apple for a bigger ...

China Sees Hong Kong Role in Yuan Internationalization

Beijing's plans to use Hong Kong as a conduit for ...

Nikkei Hits 5-Month Low on U.S. Fears

On Monday the Nikkei stock index touched its lowest levels ...

China May See Balanced Trade in 2012

Slowing exports to the West and import liberalization is cutting ...

China Nurtures Startups by Students Returning from Abroad

China has over 150 firms that help returning Chinese students ...

Groupon China Begins Mass Layoffs

Groupon China, known locally as Gaopeng, is laying off about ...

Janet Choi Links Celiac Disease to Infertility

Janet Choi has established a clear link between undiagnosed celiac ...

Toyota, Ford Tie Up for Hybrids, In-Car Systems

Toyota and Ford will jointly develop a hybrid system for ...

China Consumer Confidence Slips but Still Strong

China's consumer confidence slipped 3 points in the second quarter, ...

Justin Lin Signs Universal Studios Production Deal

Director Justin Lin has signed a two-year first-look production deal ...

Daimler Profits Surge Amid Boom in China, U.S. Sales

Car maker Daimler AG's third-quarter net earnings surged as strong ...

Walmart Seeks China Growth in Small Cities

Walmart plans to maintain rapid China growth by focusing new ...

Samsung Surges on Patent, Jobs News, HP Rumors

Samsung Electronics is suddenly looking unbeatable as several pieces of ...

Lee Chen Named No. 1 Private Computer Hardware Vender

Lee Chen built A10 Networks from a one-man shop to ...

Toyota to Boost Domestic Output to 15,000 Units A Day

Toyota Motor plans to raise domestic daily output to 15,000 ...

Forever 21's Jin Chang on Forbes Power List

Forever 21 co-founder Jin Chang placed 39th on the Forbes ...

India, China Continue to Lead Gold Buying

India and China continue to lead global gold demand even ...

GM to Develop Electric Cars with LG

General Motors will join with South Korean chaebol LG to ...

Sharp to Debut Lightweight, Portable LCD Screens

On September 15 Japan's Sharp will release a series of ...

Qibing Pei Develops Fully Stretchable OLED

Qibing Pei has led a UCLA team in developing the ...

Honda Avoids Loss, Forecasts Surprising Profits

Japanese government incentives for green cars and strong sales in ...

Capmark Files for Chapter 11 Protection

Capmark Financial Group, one of the nation's largest commercial real ...

S. Korea Economy Grew at Fastest Pace in 7 Years

South Korea's economy grew at its fastest pace in over ...

Internet to Expand with Non-Latin Domain Names

The Internet is set to undergo one of the biggest ...

3-D Likely to Be Next Big Home TV Upgrade

Fans scrambled to see 3-D movies such as "Cloudy with ...

Netflix to Stream Movies Through PlayStation 3

PlayStation 3 owners will soon be able to stream movies ...

Corning Profits Slip but TV Glass Demand Rises

Corning Inc. said Monday that demand is rebounding for its ...

Dollar Rises After Hitting 14-Month Low

The dollar reversed direction after hitting a 14-month low against ...

Baidu Q3 Profits Jump 42% but Outlook Soft

Baidu Inc., which runs China's leading Internet search engine, said ...

Asian Stocks Drop on Doubts Over U.S. Recovery

Asian stocks retreated Tuesday, following losses on Wall Street amid ...

Hertz Boosts Earnings Guidance for 2009

Hertz Global Holdings Inc. on Monday raised its earnings guidance ...

Recession Over but Suffering Continues

It's about to become official: The recession is over — ...

Newspapers Report Record Circulation Losses

Circulation at newspapers shrank at an accelerated pace in the ...

Record NYC Real Estate Deal Looms As Record Bust

It was the most expensive real estate deal in U.S. ...

Nissan Unveils New Platform for Global Minicars

It has become a vexing, billion-dollar question for the world's ...

IBM Adds $5 Bil. to Share Buyback Program

IBM Corp. has boosted its stock buyback program by $5 ...