Nelson Chai Named President of CIT Group
Nelson Chai has been promoted to president of CIT Group from his post as chief administrative officer and strategy chief.
Business
Samsung, LG Extend Lead in N. American Mobile Phones
Samsung and LG are increasing their lead in the North American cell phone market.
Only 61.6% of Japan's New Grads Have Jobs
Nearly two of every five Japanese university students who graduated this spring have been unable to find full-time jobs.
Japan's Yen Intervention Sends Dollar Surging
Japan's unilateral steps to weaken the yen Thursday sent the dollar surging to near 80 yen.
Monica Woo Tapped to Head Up Sears Marketing
On August 15 Monica Woo will become the new Chief Marketing Officer for Sears Holdings Corp
Toyota Plans Record Production in 2012
Toyota plans to produce a record 8.8 million vehicles in fiscal 2012 with new capacity in China, India, Brazil and the U.S.
S. Korea to Fine Apple Over Tracking Feature
The Korean unit of consumer electronics giant Apple will be fined over an iPhone feature that can track the location of users.
Ikea to Probe Counterfeit Store in China
A furniture store in southwestern China's Kunming is such an accurate copy of an actual Ikea store that the Swedish furniture giant is considering legal ...
H&M to Double Japan Stores by 2012
H&M will more than double the number of stores in Japan over the next year on exploding demand from fashion consumers.
Yuegang Zhang Boosts Battery Energy-Density
Yuegang Zhang pioneers the use of graphene to fortify fragile but efficient electrode materials.
S. Korea Surprised by Trade Deficit with EU After FTA
S. Korea suffered its first trade deficit with the European Union since 1997 after the bilateral free-trade agreement went into effect.
China Industrial Outlook Robust Despite July Dip
The Purchasing Manager's Index (PMI) suggests industrial production will keep growing at 12-13% rate.
Honda's 2nd Quarter Profits Plunged 90%
Japan's number three carmaker saw profits for the April-June quarter plunge nearly 90 percent.
Hyundai-Kia Passes Ford for Global No. 5 Spot
The Hyundai-Kia Automotive Group posted 1 15.9 percent gain in units sold for the first half of 2011 to move into fifth place.
Brandon Wey Creates Marketplace for First Dates
Brandon Wey offers men a way to get first dates with attractive women.
Exports to China Helps Keep U.S. Economy in Black
U.S. GDP grew at an anemic 1.3 percent pace in the 2nd quarter thanks to a weak housing market and slowing consumer demand.
Vietnam Exports to Jump 38.5% in July
Vietnam will post $8.4 billion in exports in July on the strength of robust exports of food and commodities.
Antony Young Named CEO of Mindshare N.A.
On October 1 Antony Young will become CEO of WPP's Mindshare North America.
Nissan Aims to Double China Sales by 2015
Nissan is investing 610 billion yen ($7.81 billion) in the production and the marketing of 30 new models in China.
Xin Chen Uses Ultrasound on Tumors
Xin Chen is testing the use of MR-guided focused ultrasound to destroy hypoxic cancer cells.
Yi Cui Develops Transparent Batteries
Stanford professor Yi Cui has developed a transparent battery to improve the aesthetics of consumer electronics.
Andrew Yang Wants to Put Bright Minds in Poor Cities
Andrew Yang hopes to use his new non-profit to funnel bright business-minded college grads to economically-distressed cities.
China May See Balanced Trade in 2012
Slowing exports to the West and import liberalization is cutting China's trade surplus to near zero.
India, China Continue to Lead Gold Buying
India and China continue to lead global gold demand even as prices soar to new records.
Forever 21's Jin Chang on Forbes Power List
Forever 21 co-founder Jin Chang placed 39th on the Forbes list of the World's 100 Most Powerful Women.
Toyota to Boost Domestic Output to 15,000 Units A Day
Toyota Motor plans to raise domestic daily output to 15,000 units by March, up from its current level of 12,000 units.
Lee Chen Named No. 1 Private Computer Hardware Vender
Lee Chen built A10 Networks from a one-man shop to the nation's leading computer hardware vender.
Samsung Surges on Patent, Jobs News, HP Rumors
Samsung Electronics is suddenly looking unbeatable as several pieces of news combined to give its shares a big boost Thursday.
Walmart Seeks China Growth in Small Cities
Walmart plans to maintain rapid China growth by focusing new stores in third-, fourth- and fifth-tier cities.
Japan to Lend $100 Bil. to Weaken Yen
Japan creates an emergency $100 bil. lending facility to combat the highest yen since World War II.
Justin Lin Signs Universal Studios Production Deal
Director Justin Lin has signed a two-year first-look production deal with Universal Pictures for his Barstorm Pictures.
China Consumer Confidence Slips but Still Strong
China's consumer confidence slipped 3 points in the second quarter, the first decline this year.
Toyota, Ford Tie Up for Hybrids, In-Car Systems
Toyota and Ford will jointly develop a hybrid system for light trucks and sport utility vehicles.
Janet Choi Links Celiac Disease to Infertility
Janet Choi has established a clear link between undiagnosed celiac disease and a significant percentage of infertility cases.
Groupon China Begins Mass Layoffs
Groupon China, known locally as Gaopeng, is laying off about a quarter of its employees and shuttering at least 13 branch offices.
China Nurtures Startups by Students Returning from Abroad
China has over 150 firms that help returning Chinese students start up new ventures
Korea Develops Its First Small Passenger Plane
S. Korea will begin manufacturing small private planes and other civilian aircraft in 2014.
Nikkei Hits 5-Month Low on U.S. Fears
On Monday the Nikkei stock index touched its lowest levels since March 15 on fears the U.S. economic recovery may be losing steam.
China Sees Hong Kong Role in Yuan Internationalization
Beijing's plans to use Hong Kong as a conduit for disseminating the yuan as a global exchange currency.
Lenovo Posts Record $5.9 Bil. Sales in Q2
China's top PC-maker hopes to challenge Apple for a bigger share of the mobile internet market.
Dharmendra Modha Mimics Brain's Efficiency
IBM's Dharmendra Modha has taken another big step toward developing a computer that can match the human brain in efficiency.
China Raises Yuan Against Dollar to Fight Inflation
China lets the yuan hit record highs against the dollar as it focuses on controlling a surging inflation rate.
China-Japan Trade Hits Record High in 1st Half
The total value of trade between Japan and China during the first half of 2011 surged 17.9 percent.
China Continues Boosting Holdings of U.S. Treasuries
China added $5.7 billion of U.S. Treasuries in June despite growing pressure to diversify foreign reserves away from the beleaguered dollar.
Liming Dai Leads Air Force Nanomaterials Project
Liming Dai will lead a team to develop 3D nanomaterials with the unique properties found in flat nano-structures.
Toshiba to Build Major Energy-Efficient Community
Toshiba Corp. will develop one of the world's biggest energy efficient “smart communities” in Osaka Prefecture.
China Buys Foreign Firms at Record Pace
A growing hunger for consumer brands and industrial technology drove China's outbound M&As to record high levels
Japanese Firms Seek Relief in Overseas Operations
Over half of Japan's 105 leading firms plan to counter the strong yen, power shortages and falling share prices by expanding operations overseas.
Japan Q2 GDP Falls for 3rd Straight Quarter
Japan's economy shrank an annualized real rate of 1.3 percent in the April-June quarter.
S. Korea Hosts 716,000 Foreign Workers
A growing demand for labor by S. Korea's small firms has swollen the ranks of foreign workers to 2.9 percent of the total labor force.
Nelson Chai Named President of CIT Group
Nelson Chai has been promoted to president of CIT Group from his post as chief administrative officer and strategy chief.
Samsung, LG Extend Lead in N. American Mobile Phones
Samsung and LG are increasing their lead in the North American cell phone market.
Only 61.6% of Japan's New Grads Have Jobs
Nearly two of every five Japanese university students who graduated this spring have been unable to find full-time jobs.
Japan's Yen Intervention Sends Dollar Surging
Japan's unilateral steps to weaken the yen Thursday sent the dollar surging to near 80 yen.
Monica Woo Tapped to Head Up Sears Marketing
On August 15 Monica Woo will become the new Chief Marketing Officer for Sears Holdings Corp
Toyota Plans Record Production in 2012
Toyota plans to produce a record 8.8 million vehicles in fiscal 2012 with new capacity in China, India, Brazil and the U.S.
S. Korea to Fine Apple Over Tracking Feature
The Korean unit of consumer electronics giant Apple will be fined over an iPhone feature that can track the location of users.
Ikea to Probe Counterfeit Store in China
A furniture store in southwestern China's Kunming is such an accurate copy of an actual Ikea store that the Swedish furniture giant is considering legal ...
H&M to Double Japan Stores by 2012
H&M will more than double the number of stores in Japan over the next year on exploding demand from fashion consumers.
Yuegang Zhang Boosts Battery Energy-Density
Yuegang Zhang pioneers the use of graphene to fortify fragile but efficient electrode materials.
S. Korea Surprised by Trade Deficit with EU After FTA
S. Korea suffered its first trade deficit with the European Union since 1997 after the bilateral free-trade agreement went into effect.
China Industrial Outlook Robust Despite July Dip
The Purchasing Manager's Index (PMI) suggests industrial production will keep growing at 12-13% rate.
Honda's 2nd Quarter Profits Plunged 90%
Japan's number three carmaker saw profits for the April-June quarter plunge nearly 90 percent.
Hyundai-Kia Passes Ford for Global No. 5 Spot
The Hyundai-Kia Automotive Group posted 1 15.9 percent gain in units sold for the first half of 2011 to move into fifth place.
Brandon Wey Creates Marketplace for First Dates
Brandon Wey offers men a way to get first dates with attractive women.
Exports to China Helps Keep U.S. Economy in Black
U.S. GDP grew at an anemic 1.3 percent pace in the 2nd quarter thanks to a weak housing market and slowing consumer demand.
Vietnam Exports to Jump 38.5% in July
Vietnam will post $8.4 billion in exports in July on the strength of robust exports of food and commodities.
Antony Young Named CEO of Mindshare N.A.
On October 1 Antony Young will become CEO of WPP's Mindshare North America.
Nissan Aims to Double China Sales by 2015
Nissan is investing 610 billion yen ($7.81 billion) in the production and the marketing of 30 new models in China.
Xin Chen Uses Ultrasound on Tumors
Xin Chen is testing the use of MR-guided focused ultrasound to destroy hypoxic cancer cells.
Yi Cui Develops Transparent Batteries
Stanford professor Yi Cui has developed a transparent battery to improve the aesthetics of consumer electronics.
Andrew Yang Wants to Put Bright Minds in Poor Cities
Andrew Yang hopes to use his new non-profit to funnel bright business-minded college grads to economically-distressed cities.
China May See Balanced Trade in 2012
Slowing exports to the West and import liberalization is cutting China's trade surplus to near zero.
India, China Continue to Lead Gold Buying
India and China continue to lead global gold demand even as prices soar to new records.
Forever 21's Jin Chang on Forbes Power List
Forever 21 co-founder Jin Chang placed 39th on the Forbes list of the World's 100 Most Powerful Women.
Toyota to Boost Domestic Output to 15,000 Units A Day
Toyota Motor plans to raise domestic daily output to 15,000 units by March, up from its current level of 12,000 units.
Lee Chen Named No. 1 Private Computer Hardware Vender
Lee Chen built A10 Networks from a one-man shop to the nation's leading computer hardware vender.
Samsung Surges on Patent, Jobs News, HP Rumors
Samsung Electronics is suddenly looking unbeatable as several pieces of news combined to give its shares a big boost Thursday.
Walmart Seeks China Growth in Small Cities
Walmart plans to maintain rapid China growth by focusing new stores in third-, fourth- and fifth-tier cities.
Japan to Lend $100 Bil. to Weaken Yen
Japan creates an emergency $100 bil. lending facility to combat the highest yen since World War II.
Justin Lin Signs Universal Studios Production Deal
Director Justin Lin has signed a two-year first-look production deal with Universal Pictures for his Barstorm Pictures.
China Consumer Confidence Slips but Still Strong
China's consumer confidence slipped 3 points in the second quarter, the first decline this year.
Toyota, Ford Tie Up for Hybrids, In-Car Systems
Toyota and Ford will jointly develop a hybrid system for light trucks and sport utility vehicles.
Janet Choi Links Celiac Disease to Infertility
Janet Choi has established a clear link between undiagnosed celiac disease and a significant percentage of infertility cases.
Groupon China Begins Mass Layoffs
Groupon China, known locally as Gaopeng, is laying off about a quarter of its employees and shuttering at least 13 branch offices.
China Nurtures Startups by Students Returning from Abroad
China has over 150 firms that help returning Chinese students start up new ventures
Korea Develops Its First Small Passenger Plane
S. Korea will begin manufacturing small private planes and other civilian aircraft in 2014.
Nikkei Hits 5-Month Low on U.S. Fears
On Monday the Nikkei stock index touched its lowest levels since March 15 on fears the U.S. economic recovery may be losing steam.
China Sees Hong Kong Role in Yuan Internationalization
Beijing's plans to use Hong Kong as a conduit for disseminating the yuan as a global exchange currency.
Lenovo Posts Record $5.9 Bil. Sales in Q2
China's top PC-maker hopes to challenge Apple for a bigger share of the mobile internet market.
Dharmendra Modha Mimics Brain's Efficiency
IBM's Dharmendra Modha has taken another big step toward developing a computer that can match the human brain in efficiency.
China Raises Yuan Against Dollar to Fight Inflation
China lets the yuan hit record highs against the dollar as it focuses on controlling a surging inflation rate.
China-Japan Trade Hits Record High in 1st Half
The total value of trade between Japan and China during the first half of 2011 surged 17.9 percent.
China Continues Boosting Holdings of U.S. Treasuries
China added $5.7 billion of U.S. Treasuries in June despite growing pressure to diversify foreign reserves away from the beleaguered dollar.
Liming Dai Leads Air Force Nanomaterials Project
Liming Dai will lead a team to develop 3D nanomaterials with the unique properties found in flat nano-structures.
Toshiba to Build Major Energy-Efficient Community
Toshiba Corp. will develop one of the world's biggest energy efficient “smart communities” in Osaka Prefecture.
China Buys Foreign Firms at Record Pace
A growing hunger for consumer brands and industrial technology drove China's outbound M&As to record high levels
Japanese Firms Seek Relief in Overseas Operations
Over half of Japan's 105 leading firms plan to counter the strong yen, power shortages and falling share prices by expanding operations overseas.
Japan Q2 GDP Falls for 3rd Straight Quarter
Japan's economy shrank an annualized real rate of 1.3 percent in the April-June quarter.
S. Korea Hosts 716,000 Foreign Workers
A growing demand for labor by S. Korea's small firms has swollen the ranks of foreign workers to 2.9 percent of the total labor force.
Recent Stories
- Pump Prices Cause Pain on Trump's Mideast Romp
- 1 Week into Iran Joyride Finds Political, Economic Backlash Emerges
- China to Scale Up Brain-Computer Interface Devices in 3-5 Years
- China Warns Auto Industry of Chip Shortages on Renewed Nexperia Dispute
- Indonesia to Quit Board of Peace If It Doesn't Benefits Palestinians
Asian American Success Stories
- The 130 Most Inspiring Asian Americans of All Time
- 12 Most Brilliant Asian Americans
- Greatest Asian American War Heroes
- Asian American Digital Pioneers
- New Asian American Imagemakers
- Asian American Innovators
- The 20 Most Inspiring Asian Sports Stars
- 5 Most Daring Asian Americans
- Surprising Superstars
- TV’s Hottest Asians
- 100 Greatest Asian American Entrepreneurs
- Asian American Wonder Women
- Greatest Asian American Rags-to-Riches Stories
- Notable Asian American Professionals