Business
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.
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 ...
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 ...
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 ...
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 ...
China Car Sales Projected to Hit 20 Mil. in 2012
China's auto production and sales are expected to resume normal growth levels in 2012 after a surprisingly weak market in 2011 following two years of ...
Jeremy Lin's Endorsement Deal with Nike Extended
Nike, the biggest name in athletic shoes, has locked up Jeremy Lin, most likely the decade's biggest sports sensation, to a long-term endorsement deal.
Yang Yang Sets Record for Polymer Solar Cell Efficiency
Yang Yang has set a new efficiency record for polymer solar cells, breaking his own group's earlier record.
Seung-Wuk Lee Turns Viruses into Lenses, Scaffolds
Cal prof. Seung-Wuk Lee induces viruses to arrange themselves into useful structures.
China Stocks Jump After Bank Reserve Ratios Cut
The central bank's 50 basis-point cut in reserve ratios released about 400 billion yuan ($63.53 bil.) in capital into the economy and sent China's stocks ...
Apple's Trademarks Vulnerable in China
The iPhone and iPad trademarks are likely to be used by at least 39 Chinese firms because Apple has been careless in failing to register ...
China Firm Aims to Turn Court Win into Ban on iPads
Shenzhen Proview is now seeking to leverage a December court ruling on its ownership of the “iPad” name into a nationwide injunction against the export ...
Patrick Soon-Shiong to Make Bid for Dodgers
L.A.'s richest man commits himself to taking a stake in the Dodgers.
China's Private Firms Posted Biggest Profit Growth
China's industrial firms posted a 25.4% year-on-year rise in profits to a collective 5.45 trillion yuan ($863.68 billion) in 2011.
China Promises 45 Mil. New Jobs, 13% Wage Hike
China's central government promised to create 45 million new jobs and boost the minimum wage 13% a year through 2015 as it faces increasing anger ...
Jeremy Lin Enriches Knicks with Sponsorship, Web Sales
The excitement over Jeremy Lin's new stardom — aka Linsanity — has attracted the first of an expected cavalcade of Asian sponsorships for the New ...
Jack Ma to Offer Alibaba.com to Buy Back Yahoo's Stake
Jack Ma offers up China's top ecommerce portal to buy back Yahoo's 40% stake in his Alibaba Group.
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.
Rachel Roy Launches First Beauty Product
Fashion designer Rachel Roy draws on her love of dramatic, smudgy eye makeup to launch the Rachel Roy Eye Shadow Collection.
Expat Executives in China Happy with Work, Pay
Expats are pleased with China's dynamic, high-growth business environment and globally competitive compensation levels.
Apple Falls to 5th in China Smarphone Market
Apple's rise to the top of the global smartphone market in late 2012 hasn't kept it from slipping to 5th place in China as it ...
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.
China Imports Record Amount of US Pork
US pork imports to China hit a new high in September of 41,000 tons.
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.
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 ...
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.
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.
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.
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.
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.
Yi Cui Achieves Grid-Battery Breakthrough
Yi Cui's new electrode appears ideally suited for use in batteries for electric power grids.
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,
Japan Domestic TV Shipments Plunge 73.7%
Only 746,000 flat-screen TVs were shipped in October, 73.7% plunge from a year earlier.
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.
North China Foxconn Worker Jumps to Her Death
A female employee at Foxconn's Taiyuan plant jumped to her death from a company building, reported Xinhua Thursday.
China in Seesaw Battle with US Over Smartphone Lead
China and the US are locked in a close contest for the title of world's top smartphone market, according to conflicting reports from various industry ...
Beijing On Way to Becoming Global Software Center
Beijing's IT and software industries already employ more people than Silicon Valley and is set to produce 680 billion ($106.7 billion) in revenues with 700,000 ...
China Bans Commercials on TV Dramas
In yet another blow to China's private satellite TV broadcasts, the central government will require TV stations to stop interrupting drama shows with commercials beginning ...
Yuan Already Near Equilibrium Says China
The yuan is getting close to the equilibrium value, said Chinese government think tank economist, refuting the US claim that it remains undervalued by about ...
Hisataka Kobayashi's Probe Tags Cancer Cells Instantly
Hisataka Kobayashi has developed a spray that makes cancer cells fluoresce instantly for easy removal.
China Reverses Tight Money Policy, Sends Stocks Soaring
China signaled a reversal in its tight-money policy Thursday evening by cutting the ratio of funds that its banks are required to keep in reserve ...
Japan's Retailing Giants Sell Fukushima Foods
Some of Japan's biggest retailers are supporting Fukushima farmers by selling their rice and produce to show they are completely safe.
Zhejiang Solar Industry Hit Hard by Falling Demand
Solar power firms are struggling to stay afloat in Zhejiang, the most fiercely entrepreneurial among China's manufacturing-driven eastern provinces.
Japanese Touch Panel Pioneers Win French Legion of Honor
The French government bestowed its highest civilian honor by knighting two Japanese entrepreneurs for their key role in the success of a major French electronics ...
Four New TV Broadcasting Networks Debut in S. Korea
Four major new TV broadcasting networks debuted simultaneously on December 1 in a so-called “Big Bang”.
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 ...
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.
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.
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.
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.
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 ...
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 ...
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 ...
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 ...
China Car Sales Projected to Hit 20 Mil. in 2012
China's auto production and sales are expected to resume normal growth levels in 2012 after a surprisingly weak market in 2011 following two years of ...
Jeremy Lin's Endorsement Deal with Nike Extended
Nike, the biggest name in athletic shoes, has locked up Jeremy Lin, most likely the decade's biggest sports sensation, to a long-term endorsement deal.
Yang Yang Sets Record for Polymer Solar Cell Efficiency
Yang Yang has set a new efficiency record for polymer solar cells, breaking his own group's earlier record.
Seung-Wuk Lee Turns Viruses into Lenses, Scaffolds
Cal prof. Seung-Wuk Lee induces viruses to arrange themselves into useful structures.
China Stocks Jump After Bank Reserve Ratios Cut
The central bank's 50 basis-point cut in reserve ratios released about 400 billion yuan ($63.53 bil.) in capital into the economy and sent China's stocks ...
Apple's Trademarks Vulnerable in China
The iPhone and iPad trademarks are likely to be used by at least 39 Chinese firms because Apple has been careless in failing to register ...
China Firm Aims to Turn Court Win into Ban on iPads
Shenzhen Proview is now seeking to leverage a December court ruling on its ownership of the “iPad” name into a nationwide injunction against the export ...
Patrick Soon-Shiong to Make Bid for Dodgers
L.A.'s richest man commits himself to taking a stake in the Dodgers.
China's Private Firms Posted Biggest Profit Growth
China's industrial firms posted a 25.4% year-on-year rise in profits to a collective 5.45 trillion yuan ($863.68 billion) in 2011.
China Promises 45 Mil. New Jobs, 13% Wage Hike
China's central government promised to create 45 million new jobs and boost the minimum wage 13% a year through 2015 as it faces increasing anger ...
Jeremy Lin Enriches Knicks with Sponsorship, Web Sales
The excitement over Jeremy Lin's new stardom — aka Linsanity — has attracted the first of an expected cavalcade of Asian sponsorships for the New ...
Jack Ma to Offer Alibaba.com to Buy Back Yahoo's Stake
Jack Ma offers up China's top ecommerce portal to buy back Yahoo's 40% stake in his Alibaba Group.
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.
Rachel Roy Launches First Beauty Product
Fashion designer Rachel Roy draws on her love of dramatic, smudgy eye makeup to launch the Rachel Roy Eye Shadow Collection.
Expat Executives in China Happy with Work, Pay
Expats are pleased with China's dynamic, high-growth business environment and globally competitive compensation levels.
Apple Falls to 5th in China Smarphone Market
Apple's rise to the top of the global smartphone market in late 2012 hasn't kept it from slipping to 5th place in China as it ...
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.
China Imports Record Amount of US Pork
US pork imports to China hit a new high in September of 41,000 tons.
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.
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 ...
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.
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.
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.
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.
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.
Yi Cui Achieves Grid-Battery Breakthrough
Yi Cui's new electrode appears ideally suited for use in batteries for electric power grids.
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,
Japan Domestic TV Shipments Plunge 73.7%
Only 746,000 flat-screen TVs were shipped in October, 73.7% plunge from a year earlier.
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.
North China Foxconn Worker Jumps to Her Death
A female employee at Foxconn's Taiyuan plant jumped to her death from a company building, reported Xinhua Thursday.
China in Seesaw Battle with US Over Smartphone Lead
China and the US are locked in a close contest for the title of world's top smartphone market, according to conflicting reports from various industry ...
Beijing On Way to Becoming Global Software Center
Beijing's IT and software industries already employ more people than Silicon Valley and is set to produce 680 billion ($106.7 billion) in revenues with 700,000 ...
China Bans Commercials on TV Dramas
In yet another blow to China's private satellite TV broadcasts, the central government will require TV stations to stop interrupting drama shows with commercials beginning ...
Yuan Already Near Equilibrium Says China
The yuan is getting close to the equilibrium value, said Chinese government think tank economist, refuting the US claim that it remains undervalued by about ...
Hisataka Kobayashi's Probe Tags Cancer Cells Instantly
Hisataka Kobayashi has developed a spray that makes cancer cells fluoresce instantly for easy removal.
China Reverses Tight Money Policy, Sends Stocks Soaring
China signaled a reversal in its tight-money policy Thursday evening by cutting the ratio of funds that its banks are required to keep in reserve ...
Japan's Retailing Giants Sell Fukushima Foods
Some of Japan's biggest retailers are supporting Fukushima farmers by selling their rice and produce to show they are completely safe.
Zhejiang Solar Industry Hit Hard by Falling Demand
Solar power firms are struggling to stay afloat in Zhejiang, the most fiercely entrepreneurial among China's manufacturing-driven eastern provinces.
Japanese Touch Panel Pioneers Win French Legion of Honor
The French government bestowed its highest civilian honor by knighting two Japanese entrepreneurs for their key role in the success of a major French electronics ...
Four New TV Broadcasting Networks Debut in S. Korea
Four major new TV broadcasting networks debuted simultaneously on December 1 in a so-called “Big Bang”.
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 ...
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.
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.
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.
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