Business
Toyota Aims to Sell 1 Mil. Hybrids in China in 2012
Toyota Motors China hopes to sell 1 million green cars in China this year as part of its global goal of deriving 20% of its ...
Proview's iPad Suit Threatened by Bankruptcy Petition
An impatient creditor's involuntary bankruptcy suit threatens to end Shenzhen Proview's lawsuit against Apple for using the IPAD name, according to Shenzhen Special Zone Daily.
Japanese Firms Tout Food Safety in Hong Kong
Japan's leading food brands are seeking a comeback in their top foreign food export market by staging an exhibition in Hong Kong's convention center this ...
China Mobile Aims to Provide Global 4G Access for 2 Bil.
China Mobile will build over 500,000 TD-LTE 4G base stations to provide internet access for two billion people around the world by 2014.
JiangJiang Gu Develops Super-Efficient Nanowire 3-D Transistor
Jiangjiang Gu's nanowire transistor breaks the speed and energy-efficiency barriers of silicon transistors.
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 ...
Edward Jung Calls for New Large-Scale Innovation Model
Edward Jung sees the need for an entirely new scale of innovation to tackle today's big problems.
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.
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.
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 ...
David Eun Hired to Head Up Samsung Media Push
Former AOL Media and Studios President David Eun will head up Samsung's global media strategy.
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.
Bhushan Sopori Uses Light to Boost Solar Cell Efficiency
Bhushan Sopori's optical oven saves half the energy used in baking solar cells while boosting their photovoltaic efficiency.
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.
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 ...
Taiwan, Intel to Develop Super-Efficient Memory Chips
Taiwan and Intel will jointly develop new computer memory products within five years.
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.
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 ...
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.
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.
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.
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 ...
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”.
David Kang to Head Up Rolling Stone, Us Weekly Online
David Kang will take charge of online publishing for Rolling Stone, Us Weekly and Men's Journal.
Taiwan's Yulon to Build Cars in Russia
Taiwan's leading carmaker announced that it will begin building cars in Russia beginning this year.
Gang Ren Creates First 3-D Image of Single Molecule
Gang Ren has rigged up a microscope to produce the first-ever detailed 3D image of an individual molecule.
McDonald's Adds European Feel While Doubling in China
McDonald's is investing in European-style makeovers for 80% of its China outlets by 2013 to attract more young urban adults even as it plans to ...
China Firm Produces Low-Cost Maglev Train
A firm in Hunan province unveiled a magnetically levitated (maglev) train that is both far less expensive and more environmental-friendly than conventional trains.
Another Chinese Bid Hopes to Revive Bankrupt Saab
China's Jinhua-based Youngman Auto will bid for the estate of bankrupt Swedish carmaker Saab next week, reported Sweden's Daily Industry Thursday.
China's State Firm Profits Surged 12.8%
China's state-owned companies posted combined profits of 2.26 trillion yuan ($356.91 bil.) in 2011, a healthy 12.8% year-on-year gain.
China's Richest Were Biggest Losers in 2011
China's 10 richest families topped the list of the people who lost the most money in 2011 thanks to a plunging stock market and tightened ...
Youming Lu's Compound Protects Stroke Victims
A team led by Youming Lu has developed a compound that can block the mechanism that leads to brain damage during strokes.
Thousands Strike Shenzhen Sanyo Plant on Job Fears
About 4,000 workers at a Sanyo Electric plant in southern Shenzhen joined the rash of recent labor protests in Guangdong province Monday.
Geely Plans to Export 1 Mil. Cars to Europe, US
China's Geely has quietly taken big strides toward meeting its goal of exporting 1 million cars by 2015, most of them to Europe and the ...
Dipak Das Fired by UConn for Faking Resveratrol Data
Dipak K. Das is being terminated for manipulating research data on the effect of resveratrol on heart health.
Japan Retailers Report Robust Post-Quake Sales
Japan's retail sales fared far better than expected following the March 11 disasters, fueling record profits.
China Becomes Audi's Top Market with 37% Growth
The luxury division of Germany's Volkswagen sold 313,036 vehicles in China in 2011, a 37% jump over 2010.
Samsung Posts Record Q4 Profits, Annual Sales
Samsung Electronics strengthened its position as the world's biggest consumer electronics firm with record annual sales for 2011 and record profits for the final quarter ...
Big Japanese Firms Plan to Hire More Foreign Workers
Plans for overseas expansion are prompting 23% of Japan's top 122 companies to begin hiring more foreigners beginning in 2012.
India's Nascent Luxury Car Market Begins Growth Surge
India's luxury car market surged 40% over 2010 to hit $1.4 billion in 2011, outstripping growth in jewelry and electronics.
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 ...
Jiangsu Poised to Pass Guangdong in GDP
Guangdong province will be the first of China's 31 provincial-level regions to post a 5-trillion yuan GDP in 2012.
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 ...
Toyota Aims to Sell 1 Mil. Hybrids in China in 2012
Toyota Motors China hopes to sell 1 million green cars in China this year as part of its global goal of deriving 20% of its ...
Proview's iPad Suit Threatened by Bankruptcy Petition
An impatient creditor's involuntary bankruptcy suit threatens to end Shenzhen Proview's lawsuit against Apple for using the IPAD name, according to Shenzhen Special Zone Daily.
Japanese Firms Tout Food Safety in Hong Kong
Japan's leading food brands are seeking a comeback in their top foreign food export market by staging an exhibition in Hong Kong's convention center this ...
China Mobile Aims to Provide Global 4G Access for 2 Bil.
China Mobile will build over 500,000 TD-LTE 4G base stations to provide internet access for two billion people around the world by 2014.
JiangJiang Gu Develops Super-Efficient Nanowire 3-D Transistor
Jiangjiang Gu's nanowire transistor breaks the speed and energy-efficiency barriers of silicon transistors.
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 ...
Edward Jung Calls for New Large-Scale Innovation Model
Edward Jung sees the need for an entirely new scale of innovation to tackle today's big problems.
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.
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.
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 ...
David Eun Hired to Head Up Samsung Media Push
Former AOL Media and Studios President David Eun will head up Samsung's global media strategy.
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.
Bhushan Sopori Uses Light to Boost Solar Cell Efficiency
Bhushan Sopori's optical oven saves half the energy used in baking solar cells while boosting their photovoltaic efficiency.
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.
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 ...
Taiwan, Intel to Develop Super-Efficient Memory Chips
Taiwan and Intel will jointly develop new computer memory products within five years.
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.
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 ...
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.
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.
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.
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 ...
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”.
David Kang to Head Up Rolling Stone, Us Weekly Online
David Kang will take charge of online publishing for Rolling Stone, Us Weekly and Men's Journal.
Taiwan's Yulon to Build Cars in Russia
Taiwan's leading carmaker announced that it will begin building cars in Russia beginning this year.
Gang Ren Creates First 3-D Image of Single Molecule
Gang Ren has rigged up a microscope to produce the first-ever detailed 3D image of an individual molecule.
McDonald's Adds European Feel While Doubling in China
McDonald's is investing in European-style makeovers for 80% of its China outlets by 2013 to attract more young urban adults even as it plans to ...
China Firm Produces Low-Cost Maglev Train
A firm in Hunan province unveiled a magnetically levitated (maglev) train that is both far less expensive and more environmental-friendly than conventional trains.
Another Chinese Bid Hopes to Revive Bankrupt Saab
China's Jinhua-based Youngman Auto will bid for the estate of bankrupt Swedish carmaker Saab next week, reported Sweden's Daily Industry Thursday.
China's State Firm Profits Surged 12.8%
China's state-owned companies posted combined profits of 2.26 trillion yuan ($356.91 bil.) in 2011, a healthy 12.8% year-on-year gain.
China's Richest Were Biggest Losers in 2011
China's 10 richest families topped the list of the people who lost the most money in 2011 thanks to a plunging stock market and tightened ...
Youming Lu's Compound Protects Stroke Victims
A team led by Youming Lu has developed a compound that can block the mechanism that leads to brain damage during strokes.
Thousands Strike Shenzhen Sanyo Plant on Job Fears
About 4,000 workers at a Sanyo Electric plant in southern Shenzhen joined the rash of recent labor protests in Guangdong province Monday.
Geely Plans to Export 1 Mil. Cars to Europe, US
China's Geely has quietly taken big strides toward meeting its goal of exporting 1 million cars by 2015, most of them to Europe and the ...
Dipak Das Fired by UConn for Faking Resveratrol Data
Dipak K. Das is being terminated for manipulating research data on the effect of resveratrol on heart health.
Japan Retailers Report Robust Post-Quake Sales
Japan's retail sales fared far better than expected following the March 11 disasters, fueling record profits.
China Becomes Audi's Top Market with 37% Growth
The luxury division of Germany's Volkswagen sold 313,036 vehicles in China in 2011, a 37% jump over 2010.
Samsung Posts Record Q4 Profits, Annual Sales
Samsung Electronics strengthened its position as the world's biggest consumer electronics firm with record annual sales for 2011 and record profits for the final quarter ...
Big Japanese Firms Plan to Hire More Foreign Workers
Plans for overseas expansion are prompting 23% of Japan's top 122 companies to begin hiring more foreigners beginning in 2012.
India's Nascent Luxury Car Market Begins Growth Surge
India's luxury car market surged 40% over 2010 to hit $1.4 billion in 2011, outstripping growth in jewelry and electronics.
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 ...
Jiangsu Poised to Pass Guangdong in GDP
Guangdong province will be the first of China's 31 provincial-level regions to post a 5-trillion yuan GDP in 2012.
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 ...
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