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 ...

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.

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”.

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 ...

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.

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.

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 ...

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 ...

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 ...

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.

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 ...

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.

Japan Domestic TV Shipments Plunge 73.7%

Only 746,000 flat-screen TVs were shipped in October, 73.7% plunge from a year earlier.

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,

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.

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.

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.

China to Phase in 7 New Industries, Phase Out 19

China has named seven new industrial sectors to be cultivated as part of the 12th five-year plan while adding six sectors to the list of ...

China Launches First 3D TV Channel

China began broadcasts of the nation's first 3-D TV channel on a trial broadcast Sunday.

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 ...

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 ...

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.

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 ...

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.

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.

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.

Taiwan, Intel to Develop Super-Efficient Memory Chips

Taiwan and Intel will jointly develop new computer memory products within five years.

Dennis Fong Connects Gamers

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 ...