Validity of Bank Stress Test Questioned
Some of the nation’s largest banks will be scrambling to demonstrate that they can raise capital after results of government stress tests leaked out, showing ...
Business
IMF Projects 4.3% Growth for Asia in 2010 Recovery
Most Asian economies face a sharp contraction this year and a weak recovery in 2010 as global demand for the region’s exports struggles to rebound, ...
GM Plans 1-for-100 Reverse Stock Split
General Motors Corp. notified shareholders Tuesday it is planning a reverse stock split that would give them one share of new stock for every 100 ...
Biotech Profitable at Last but Squeezed by Recession
The U.S. biotech industry became profitable as a whole for the first time in 2008, a new report says, but the global financial crisis has ...
Market Buoyant Despite Pending Bank Stress-Test Results
Banks will be told today how they did on their “stress tests” and informed of regulators’ final decisions on how much capital they need to ...
Oil Stays Above $54 on Recovery Hopes
Oil prices lingered above $54 a barrel Tuesday as growing investor optimism about a recovery in the global economy supported prices above a month-long trading ...
Asia Agrees on Need to Cut Exports, Boost Consumption
Cutting Asia’s reliance on exports for growth has taken on new urgency as the global economic crisis sends trade into a tailspin. But many economies ...
IT Giants May Be Hit Hard by Obama's Overseas Profits Tax
President Barack Obama’s plan to impose U.S. taxes on corporate America’s overseas profits threatens to open a big crater in the financial statements of technology ...
GM's China Sales Surge 50% to Monthly Record
General Motors said Tuesday that sales in China soared 50 percent in April to a monthly record of 151,084 vehicles, thanks to strong demand for ...
Sanyo Reports Loss but Expects Profits This Year
Sanyo Electric Co. sank to an annual loss because of declining sales, the strong yen and rising material costs, but expects to muster a small ...
U.S. Exports Surge, Shrink Trade Gap
U.S. exports rose 3.6 percent in July to $178 billion on the strength of telecommunications equipment, civilian aircraft, autos and industrial engines.
Ren Ng's Lytro Set to Revolutionize Photography
Ren Ng's Lytro camera can focus a picture that was taken out of focus.
SUVs Catch On with China's Middle Class
China's affluent new middle class has made SUVs the fastest growing segment of the auto market.
China's 2011 Growth Rate Pegged at 9.5%
Continuing vigorous investments will keep China's economic growth the world's highest, says the IMF.
Korean Dramas Help Japanese TV's Bottom Line
Low-cost imported Korean TV dramas help Japan's TV networks cope with shrinking advertising revenues.
China Pork Consumption Drives World Prices
China's surging appetite for pork is driving up the price of grain and pigs around the world.
Brian Wong Gets $4.3 Mil. for Kiip
Brian Wong's Kiip ad network lets advertisers reward gamers for virtual triumphs.
China's Auto Growth Shifts to Full-Size Cars
Falling prices and rising living standards have made larger models the hottest segment of China's car market.
Hong Kong Jobless Rate at 13-Year Low
A sustained export boom has powered record employment for Hong Kong, bringing down its jobless rate to a better-than-forecast 3.2 percent.
Yao Zhao Shows Energy-Efficient Nanotube Cable
Yao Zhao shows that ultra-light carbon-nanotube cables can carry as much electricity as copper wires.
Severe Pilot Shortage to Hit Asia-Pacific Air Travel
A shortage of pilots and technicians may become the limiting factor in the growth of Asia-Pacific's booming air travel industry.
China Debuts Homegrown Ultra-Light Helicopter
The first ultra-light helicopter manufactured in China was unveiled Thursday at the China Helicopter Exposition in Tianjin.
Japan Has No Companies in Asia's Top 50 List
The Forbes list of Asia's top 50 firms for 2011 was dominated by Chinese, S. Korean and Indian firms.
Korean Export Car Prices Hit New High
The average export price of Korean cars for the first half of the year jumped 13.9 percent over last year to a new record high ...
China Trade Surplus Plunged in August
A surge in imports and softening exports nearly halved China's trade surplus in August to just $17.75 billion.
Nike Branded with False Advertising in China
Nike tried to cheat customers in China with a false advertising campaign, claims a Beijing consumer activist.
Strong Yen Pushes Even Small Japanese Firms Abroad
Japan fears hollowing out of its industrial base as more firms shift production to other Asian nations.
Kevin Chou Builds Social Gaming Kingdom
Kevin Chou is on track to build Kabam into an online social gaming empire.
Google Returns to China with Group-Buying Site
Google has apparently decided to return to the China market by launching a group deal aggregator in China Thursday.
80% of Honey Sold in China Suspected Fake
Most of the honey sold in China is nothing more than cane sugar syrup, according to an expert quoted by Beijing Business Today.
Toyota May Face Major Recall in China
Toyota's declining market share in China may be further eroded by the possibility of a major recall.
China's Rare Earth Dealers Hurt by Price Plunge
A sudden price plunge has caught China's rare earth dealers holding big inventories bought at high prices.
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.
David Wang Creates Personal Activity Logger
David Wang wants to motivate the average person to achieve fitness goals by staying active in the real world.
BYD Plans Massive Layoffs As Auto Sales Plunge
The Chinese battery-maker picked by Warren Buffet to become a giant of the global electric-car market is shrinking its workforce as sales plunge.
Kai-Fu Lee Raises $180 Mil. for China Tech Incubator
Former search-engine wizard Kai-Fu Lee has raised $180 million more in venture capital for his China startup incubator.
Chinese Money Behind $1.2 Bil. Offer for Dodgers
Dodgers owner Frank McCourt has received a $1.2 billion offer for the Dodgers funded by China's state-owned investment firms.
Hong Kong Has 3 of World's 10 Priciest Streets
Hong Kong's Causeway Bay trails only Manhattan's Fifth Avenue in a list of the world's most expensive shopping boulevards.
iPad Popularity Revives Shenzhen PC Makers
Shenzhen's PC manufacturers enjoy an unexpected boom thanks to the demand for “white box” tablet PCs.
China Spreads Prosperity with Western Boomtowns
China's go-west strategy is erasing the glaring economic disparity between the prosperous coastal regions and the vast western inland regions.
China Backs London As Yuan Trading Center
China is giving formal approval to London becoming an offshore yuan trading center on Thursday.
U.S. Solar Failures Give China Dominant Share
Government subsidies and the failures of several U.S. solar power companies make China the dominant solar-panel producer.
Intel to Develop Infotainment System for Hyundai Cars
Intel signed a deal Monday in Seoul to develop an enhanced in-vehicle infotainment platform for cars made by Hyundai and its Kia subsidiary.
Jing Wong Heads Up Qualcomm's Global Business
UVA Law-grad Jing Wang now leads all regions of Qualcomm's global business operations.
Toyota to Turn Camry into Hybrid
>The strong yen is forcing Toyota to stop exporting Camrys to North America just as it unveils an all-new hybrid version.
Japan Rice Prices Jump on Radiation Rumors
Fears that rice from the disaster-struck Tohoku region will turn out to have unsafe levels of radiation have sent up trading prices about 10 percent ...
Dell, Baidu Tie Up to Launch Tablets, Phones in China
U.S. PC giant Dell hopes to gain an edge in China by launching tablet PCs and mobile phones using Baidu Yi.
Jess Lee Creates Truly Interactive Fashion Shopping
Jess Lee's Polyvore gives online fashionistas a digital playpen in which to mix-and-match ensembles before buying.
China Becoming 2nd Biggest Aircraft Market
China will need 5,000 new commercial planes valued at $600 billion by 2030.
Audi Sales Surge on Strong China Growth
Luxury carmaker Audi sold 17.1 percent more cars in August over last year on a 25.5 percent jump in China growth.
Validity of Bank Stress Test Questioned
Some of the nation’s largest banks will be scrambling to demonstrate that they can raise capital after results of government stress tests leaked out, showing ...
IMF Projects 4.3% Growth for Asia in 2010 Recovery
Most Asian economies face a sharp contraction this year and a weak recovery in 2010 as global demand for the region’s exports struggles to rebound, ...
GM Plans 1-for-100 Reverse Stock Split
General Motors Corp. notified shareholders Tuesday it is planning a reverse stock split that would give them one share of new stock for every 100 ...
Biotech Profitable at Last but Squeezed by Recession
The U.S. biotech industry became profitable as a whole for the first time in 2008, a new report says, but the global financial crisis has ...
Market Buoyant Despite Pending Bank Stress-Test Results
Banks will be told today how they did on their “stress tests” and informed of regulators’ final decisions on how much capital they need to ...
Oil Stays Above $54 on Recovery Hopes
Oil prices lingered above $54 a barrel Tuesday as growing investor optimism about a recovery in the global economy supported prices above a month-long trading ...
Asia Agrees on Need to Cut Exports, Boost Consumption
Cutting Asia’s reliance on exports for growth has taken on new urgency as the global economic crisis sends trade into a tailspin. But many economies ...
IT Giants May Be Hit Hard by Obama's Overseas Profits Tax
President Barack Obama’s plan to impose U.S. taxes on corporate America’s overseas profits threatens to open a big crater in the financial statements of technology ...
GM's China Sales Surge 50% to Monthly Record
General Motors said Tuesday that sales in China soared 50 percent in April to a monthly record of 151,084 vehicles, thanks to strong demand for ...
Sanyo Reports Loss but Expects Profits This Year
Sanyo Electric Co. sank to an annual loss because of declining sales, the strong yen and rising material costs, but expects to muster a small ...
U.S. Exports Surge, Shrink Trade Gap
U.S. exports rose 3.6 percent in July to $178 billion on the strength of telecommunications equipment, civilian aircraft, autos and industrial engines.
Ren Ng's Lytro Set to Revolutionize Photography
Ren Ng's Lytro camera can focus a picture that was taken out of focus.
SUVs Catch On with China's Middle Class
China's affluent new middle class has made SUVs the fastest growing segment of the auto market.
China's 2011 Growth Rate Pegged at 9.5%
Continuing vigorous investments will keep China's economic growth the world's highest, says the IMF.
Korean Dramas Help Japanese TV's Bottom Line
Low-cost imported Korean TV dramas help Japan's TV networks cope with shrinking advertising revenues.
China Pork Consumption Drives World Prices
China's surging appetite for pork is driving up the price of grain and pigs around the world.
Brian Wong Gets $4.3 Mil. for Kiip
Brian Wong's Kiip ad network lets advertisers reward gamers for virtual triumphs.
China's Auto Growth Shifts to Full-Size Cars
Falling prices and rising living standards have made larger models the hottest segment of China's car market.
Hong Kong Jobless Rate at 13-Year Low
A sustained export boom has powered record employment for Hong Kong, bringing down its jobless rate to a better-than-forecast 3.2 percent.
Yao Zhao Shows Energy-Efficient Nanotube Cable
Yao Zhao shows that ultra-light carbon-nanotube cables can carry as much electricity as copper wires.
Severe Pilot Shortage to Hit Asia-Pacific Air Travel
A shortage of pilots and technicians may become the limiting factor in the growth of Asia-Pacific's booming air travel industry.
China Debuts Homegrown Ultra-Light Helicopter
The first ultra-light helicopter manufactured in China was unveiled Thursday at the China Helicopter Exposition in Tianjin.
Japan Has No Companies in Asia's Top 50 List
The Forbes list of Asia's top 50 firms for 2011 was dominated by Chinese, S. Korean and Indian firms.
Korean Export Car Prices Hit New High
The average export price of Korean cars for the first half of the year jumped 13.9 percent over last year to a new record high ...
China Trade Surplus Plunged in August
A surge in imports and softening exports nearly halved China's trade surplus in August to just $17.75 billion.
Nike Branded with False Advertising in China
Nike tried to cheat customers in China with a false advertising campaign, claims a Beijing consumer activist.
Strong Yen Pushes Even Small Japanese Firms Abroad
Japan fears hollowing out of its industrial base as more firms shift production to other Asian nations.
Kevin Chou Builds Social Gaming Kingdom
Kevin Chou is on track to build Kabam into an online social gaming empire.
Google Returns to China with Group-Buying Site
Google has apparently decided to return to the China market by launching a group deal aggregator in China Thursday.
80% of Honey Sold in China Suspected Fake
Most of the honey sold in China is nothing more than cane sugar syrup, according to an expert quoted by Beijing Business Today.
Toyota May Face Major Recall in China
Toyota's declining market share in China may be further eroded by the possibility of a major recall.
China's Rare Earth Dealers Hurt by Price Plunge
A sudden price plunge has caught China's rare earth dealers holding big inventories bought at high prices.
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.
David Wang Creates Personal Activity Logger
David Wang wants to motivate the average person to achieve fitness goals by staying active in the real world.
BYD Plans Massive Layoffs As Auto Sales Plunge
The Chinese battery-maker picked by Warren Buffet to become a giant of the global electric-car market is shrinking its workforce as sales plunge.
Kai-Fu Lee Raises $180 Mil. for China Tech Incubator
Former search-engine wizard Kai-Fu Lee has raised $180 million more in venture capital for his China startup incubator.
Chinese Money Behind $1.2 Bil. Offer for Dodgers
Dodgers owner Frank McCourt has received a $1.2 billion offer for the Dodgers funded by China's state-owned investment firms.
Hong Kong Has 3 of World's 10 Priciest Streets
Hong Kong's Causeway Bay trails only Manhattan's Fifth Avenue in a list of the world's most expensive shopping boulevards.
iPad Popularity Revives Shenzhen PC Makers
Shenzhen's PC manufacturers enjoy an unexpected boom thanks to the demand for “white box” tablet PCs.
China Spreads Prosperity with Western Boomtowns
China's go-west strategy is erasing the glaring economic disparity between the prosperous coastal regions and the vast western inland regions.
China Backs London As Yuan Trading Center
China is giving formal approval to London becoming an offshore yuan trading center on Thursday.
U.S. Solar Failures Give China Dominant Share
Government subsidies and the failures of several U.S. solar power companies make China the dominant solar-panel producer.
Intel to Develop Infotainment System for Hyundai Cars
Intel signed a deal Monday in Seoul to develop an enhanced in-vehicle infotainment platform for cars made by Hyundai and its Kia subsidiary.
Jing Wong Heads Up Qualcomm's Global Business
UVA Law-grad Jing Wang now leads all regions of Qualcomm's global business operations.
Toyota to Turn Camry into Hybrid
>The strong yen is forcing Toyota to stop exporting Camrys to North America just as it unveils an all-new hybrid version.
Japan Rice Prices Jump on Radiation Rumors
Fears that rice from the disaster-struck Tohoku region will turn out to have unsafe levels of radiation have sent up trading prices about 10 percent ...
Dell, Baidu Tie Up to Launch Tablets, Phones in China
U.S. PC giant Dell hopes to gain an edge in China by launching tablet PCs and mobile phones using Baidu Yi.
Jess Lee Creates Truly Interactive Fashion Shopping
Jess Lee's Polyvore gives online fashionistas a digital playpen in which to mix-and-match ensembles before buying.
China Becoming 2nd Biggest Aircraft Market
China will need 5,000 new commercial planes valued at $600 billion by 2030.
Audi Sales Surge on Strong China Growth
Luxury carmaker Audi sold 17.1 percent more cars in August over last year on a 25.5 percent jump in China growth.
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