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.
Business
China's Direct Overseas Investments Surged 72.8%
Foreign Direct Investment (FDI) into China slipped year-on-year in April by 0.74% to $8.4 billion, making it the sixth straight month of declining FDI.
China's Consumer Confidence Rises on Low Inflation
China's consumer confidence in the first quarter rose to its highest level since 2005 due to easing inflation and cooling property prices, according to a ...
McDonald's to Double China Workforce This Year
McDonald's Corp plans to hire 70,000 more workers in China this year, nearly doubling its workforce as it accelerates new store openings, Bloomberg reported Wednesday.
China Accounts for 28% of Global Luxury Consumption
China is set to overtake Japan as the world's biggest luxury-consuming nation after spending $12.6 billion on luxury goods in 2011, according to a study ...
India Becomes Focus of Global Solar Power Market
As the global solar power market reels from a glut of solar panels due to China's production surge and Europe's shrinking demand, India is emerging ...
Toyota Exports Mostly US-Made Cars to S. Korea
Toyota plans to take advantage of S. Korea's free-trade agreements (FTA) with the US and the European Union by bringing most of the cars it ...
China's Wanda to Buy AMC Theater Chain for $2.6 Bil.
Dalian Wanda Group agreed to buy AMC Entertainment Holdings Inc. (AMC) for $2.6 billion including debt, according to statement by the group. The deal will ...
Alibaba to Buy Back Shares from Yahoo for $7.1 Bil.
Alibaba has repurchased about 20% of its shares from Yahoo for $6.3 bil. in cash and up to $800 mil. in new Alibaba non-voting preferred ...
China's Machine Tool Output Jumped 32.1% in 2011
China's machine tool industry grossed total output value of 660.65 billion yuan ($104.45 bil.) in 2011, a 32.1% jump over 2010, according to that nation's ...
Samsung Pays Top Execs Most in S. Korea
Samsung Electronics pays its executive board members more than any of the other 1,000 listed Korean companies with an average annual compensation of 10.9 billion ...
Ellen Pao Sues Kleiner Perkins for Sexual Harassment
Ellen Pao has filed a sexual harassment and discrimination suit against a leading venture capital firm.
China Set to Pass US in Business Travel by 2015
China will become the world's top business travel market by 2015 due to a growth rate that puts it on track to pass current leader ...
Google Set to Unveil Own Branded Cell Phone
Google Inc.'s vision for how a mobile phone should be made and sold will likely raise the stakes in the Internet search leader's bid to ...
Amazon Unveils Global Version of Kindle
Amazon.com Inc. will start selling an international version of its larger-screen e-reader, Kindle DX, in an effort to snag more sales
Billionaire Rajaratnam to Face New SEC Charges
Federal prosecutors said Tuesday they will file new charges against billionaire hedge fund operator Raj Rajaratnam alleging he made at least $36 million
Google Unveils Nexus One "Super-Mobile" Phone
Google Inc. began selling its own mobile phone Tuesday, a much-anticipated move aimed at protecting its online advertising empire
Big Carmakers End Awful 2009 with Strong Momentum
Big automakers are glad to see the end of 2009, the worst year for U.S. sales in nearly 30 years.
Powermat Expands Wireless Charging for Cell Phones
Powermat USA helped consumers cut some power cords last year by selling mats that juiced up gadgets placed on top of them.
Manhattan Home Sales Rose As Prices Fell in Q4
Home sales in Manhattan rebounded at the end of the year, but experts predict a weak recovery for the new year because the number of ...
Giant Bluefin Tuna Fetches $177,000 at Tsukiji Market
A giant bluefin tuna fetched 16.3 million yen ($177,000) in an auction Tuesday at the world's largest wholesale fish market in Japan.
Japan Auto Sales Fell to Lowest Level in 38 Years
Auto sales in Japan declined to their lowest in 38 years, slumping 9 percent to 2.9 million vehicles for 2009, an industry group said Tuesday.
China Pulls Out of $40 Bil. Australia Gas Deal
Energy giant PetroChina Co. Ltd. has pulled out of a $40 billion deal to buy natural gas from a project off Australia, leaving Woodside Petroleum ...
Apple to Unveil Tablet in January
Speculation intensified Monday that Apple Inc. will soon unveil a tablet-style gadget for consuming music, movies, books and other media.
Avatar Explodes to $4.8 Mil. Record Opening Day in China
Already a global hit, James Cameron's "Avatar" raced to a $4.8 million first day in populous China, with a publicist predicting the sci-fi blockbuster
Obama Pushes Wireless to Rival Cable, Phone Service
The Obama administration is calling on federal regulators to make more radio spectrum available for wireless Internet services so they can compete
Manufacturing Data Shows Accelerating Growth
An unexpectedly strong report on manufacturing activity Monday bolstered confidence that the nation's factories will help sustain an economic recovery.
Global Chip Sales Saw First Rebound Since Downturn
Global chip sales posted a year-over-year gain in November, according to the Semiconductor Industry Association, another positive milestone
China Manufacturing Grew at Fastest Rate Since 2004
China's manufacturing expanded in December for a ninth straight month as government stimulus spending boosted domestic demand
GM's China Sales Up 67% in 2009
General Motors Co. said Monday that 2009 sales in China by the company and its local partners rose 67 percent to a record 1.8 million ...
Networks Fudge No-Pay Interview Policy
Policies forbidding payment for news interviews increasingly seem like the network television equivalent of the 55 mph speed limit
Tokyo SE Upgrades to High-Speed Trading System
The Tokyo Stock Exchange will launch a new high-speed trading system Monday, scrapping an antiquated, glitch-prone platform
California Faces More Painful Budget Cuts in 2010
During last summer's fiscal crisis, Gov. Arnold Schwarzenegger borrowed the title of a film classic to describe California's budget
Wisconsin Ginseng Growers Take Root in China
Wisconsin farmer Butch Weege has never met Sun Dan, a 34-year-old makeup artist who lives in Beijing
China Rate Hike, U.S. Jobs Data Dampen Stocks
Chinese stocks led world markets lower Thursday after the country's central bank unexpectedly increased the interest rate on one of its treasury bills
Asia Stocks Mostly Higher Ahead of U.S. Jobs Report
Asian stocks were mostly higher Friday ahead of a critical U.S. jobs report but China's market slipped after the country took fresh steps to slow ...
China Mobile Vice-Chairman Fired for Past Corruption
China Mobile Ltd., the world's biggest phone company by subscribers, said Friday it has dismissed its vice chairman, who a business magazine reported
Bank of Korea Keeps Interest Rates at Record Low
South Korea's central bank left its key interest rate at a record low for an 11th straight month Friday amid government concern that a solidfying ...
Intel Takes Nano Lead, AMD Holds Graphics Edge
Intel Corp. rolled out new computer chips Thursday that highlight the company's lead over Advanced Micro Devices Inc. in its ability to shrink the circuitry
Prius Japan Sales Tripled to Top Spot in 2009
The Toyota Prius was the top-selling car in Japan last year — the first time a gas-electric hybrid has clinched that spot.
Ford Adds Tweets to Sync, LCD Panels to Most Cars
Ford Motor Co. is adding Twitter messages and Internet radio to its in-car entertainment and communication service, known as Sync
American Raises JAL Tieup Offer to $1.4 Bil.
American Airlines has dug deeper to save its relationship with Japan Airlines, raising the amount it is willing to invest in the ailing airline to ...
Boeing Orders Fell 90% in 2009
Boeing Co. said its customers ordered just 142 commercial airplanes last year as the recession forced airlines to shrink.
Department Stores Report Better December Sales
Department stores reported higher sales in stores open at least a year this December than last, and many raised their fourth-quarter forecasts.
China Manufacturing Rose at Fastest Rate in 20 Months
An index of China's manufacturing rose in December, expanding at its fastest rate in 20 months
New CEO Expects 2010 Profits for Leaner GM
General Motors Co.'s chairman expects the automaker will be profitable this year and says hundreds of the 1,350 GM dealers
Proposed Delta-JAL Tieup Prompts Monopoly Fears
A group representing business travelers is opposing the proposed tie up between Delta Air Lines and money-losing Japan Airlines as bad for competition.
Samsung Profits Soared to $3.44 Bil. in Q4
Samsung Electronics Co. predicted Thursday an operating profit of up to $3.44 billion for the fourth quarter of 2009 as the world's top TV seller ...
Ford's China Sales Up 44% in 2009
Ford Motor Co. said Thursday sales in China by the company and its local partners soared 44 percent in 2009, highlighting the country's key role
LG to Introduce 3-D TV in May
LG Electronics says it will introduce its first 3-D-capable flat panel TVs for the U.S. market in May.
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.
China's Direct Overseas Investments Surged 72.8%
Foreign Direct Investment (FDI) into China slipped year-on-year in April by 0.74% to $8.4 billion, making it the sixth straight month of declining FDI.
China's Consumer Confidence Rises on Low Inflation
China's consumer confidence in the first quarter rose to its highest level since 2005 due to easing inflation and cooling property prices, according to a ...
McDonald's to Double China Workforce This Year
McDonald's Corp plans to hire 70,000 more workers in China this year, nearly doubling its workforce as it accelerates new store openings, Bloomberg reported Wednesday.
China Accounts for 28% of Global Luxury Consumption
China is set to overtake Japan as the world's biggest luxury-consuming nation after spending $12.6 billion on luxury goods in 2011, according to a study ...
India Becomes Focus of Global Solar Power Market
As the global solar power market reels from a glut of solar panels due to China's production surge and Europe's shrinking demand, India is emerging ...
Toyota Exports Mostly US-Made Cars to S. Korea
Toyota plans to take advantage of S. Korea's free-trade agreements (FTA) with the US and the European Union by bringing most of the cars it ...
China's Wanda to Buy AMC Theater Chain for $2.6 Bil.
Dalian Wanda Group agreed to buy AMC Entertainment Holdings Inc. (AMC) for $2.6 billion including debt, according to statement by the group. The deal will ...
Alibaba to Buy Back Shares from Yahoo for $7.1 Bil.
Alibaba has repurchased about 20% of its shares from Yahoo for $6.3 bil. in cash and up to $800 mil. in new Alibaba non-voting preferred ...
China's Machine Tool Output Jumped 32.1% in 2011
China's machine tool industry grossed total output value of 660.65 billion yuan ($104.45 bil.) in 2011, a 32.1% jump over 2010, according to that nation's ...
Samsung Pays Top Execs Most in S. Korea
Samsung Electronics pays its executive board members more than any of the other 1,000 listed Korean companies with an average annual compensation of 10.9 billion ...
Ellen Pao Sues Kleiner Perkins for Sexual Harassment
Ellen Pao has filed a sexual harassment and discrimination suit against a leading venture capital firm.
China Set to Pass US in Business Travel by 2015
China will become the world's top business travel market by 2015 due to a growth rate that puts it on track to pass current leader ...
Google Set to Unveil Own Branded Cell Phone
Google Inc.'s vision for how a mobile phone should be made and sold will likely raise the stakes in the Internet search leader's bid to ...
Amazon Unveils Global Version of Kindle
Amazon.com Inc. will start selling an international version of its larger-screen e-reader, Kindle DX, in an effort to snag more sales
Billionaire Rajaratnam to Face New SEC Charges
Federal prosecutors said Tuesday they will file new charges against billionaire hedge fund operator Raj Rajaratnam alleging he made at least $36 million
Google Unveils Nexus One "Super-Mobile" Phone
Google Inc. began selling its own mobile phone Tuesday, a much-anticipated move aimed at protecting its online advertising empire
Big Carmakers End Awful 2009 with Strong Momentum
Big automakers are glad to see the end of 2009, the worst year for U.S. sales in nearly 30 years.
Powermat Expands Wireless Charging for Cell Phones
Powermat USA helped consumers cut some power cords last year by selling mats that juiced up gadgets placed on top of them.
Manhattan Home Sales Rose As Prices Fell in Q4
Home sales in Manhattan rebounded at the end of the year, but experts predict a weak recovery for the new year because the number of ...
Giant Bluefin Tuna Fetches $177,000 at Tsukiji Market
A giant bluefin tuna fetched 16.3 million yen ($177,000) in an auction Tuesday at the world's largest wholesale fish market in Japan.
Japan Auto Sales Fell to Lowest Level in 38 Years
Auto sales in Japan declined to their lowest in 38 years, slumping 9 percent to 2.9 million vehicles for 2009, an industry group said Tuesday.
China Pulls Out of $40 Bil. Australia Gas Deal
Energy giant PetroChina Co. Ltd. has pulled out of a $40 billion deal to buy natural gas from a project off Australia, leaving Woodside Petroleum ...
Apple to Unveil Tablet in January
Speculation intensified Monday that Apple Inc. will soon unveil a tablet-style gadget for consuming music, movies, books and other media.
Avatar Explodes to $4.8 Mil. Record Opening Day in China
Already a global hit, James Cameron's "Avatar" raced to a $4.8 million first day in populous China, with a publicist predicting the sci-fi blockbuster
Obama Pushes Wireless to Rival Cable, Phone Service
The Obama administration is calling on federal regulators to make more radio spectrum available for wireless Internet services so they can compete
Manufacturing Data Shows Accelerating Growth
An unexpectedly strong report on manufacturing activity Monday bolstered confidence that the nation's factories will help sustain an economic recovery.
Global Chip Sales Saw First Rebound Since Downturn
Global chip sales posted a year-over-year gain in November, according to the Semiconductor Industry Association, another positive milestone
China Manufacturing Grew at Fastest Rate Since 2004
China's manufacturing expanded in December for a ninth straight month as government stimulus spending boosted domestic demand
GM's China Sales Up 67% in 2009
General Motors Co. said Monday that 2009 sales in China by the company and its local partners rose 67 percent to a record 1.8 million ...
Networks Fudge No-Pay Interview Policy
Policies forbidding payment for news interviews increasingly seem like the network television equivalent of the 55 mph speed limit
Tokyo SE Upgrades to High-Speed Trading System
The Tokyo Stock Exchange will launch a new high-speed trading system Monday, scrapping an antiquated, glitch-prone platform
California Faces More Painful Budget Cuts in 2010
During last summer's fiscal crisis, Gov. Arnold Schwarzenegger borrowed the title of a film classic to describe California's budget
Wisconsin Ginseng Growers Take Root in China
Wisconsin farmer Butch Weege has never met Sun Dan, a 34-year-old makeup artist who lives in Beijing
China Rate Hike, U.S. Jobs Data Dampen Stocks
Chinese stocks led world markets lower Thursday after the country's central bank unexpectedly increased the interest rate on one of its treasury bills
Asia Stocks Mostly Higher Ahead of U.S. Jobs Report
Asian stocks were mostly higher Friday ahead of a critical U.S. jobs report but China's market slipped after the country took fresh steps to slow ...
China Mobile Vice-Chairman Fired for Past Corruption
China Mobile Ltd., the world's biggest phone company by subscribers, said Friday it has dismissed its vice chairman, who a business magazine reported
Bank of Korea Keeps Interest Rates at Record Low
South Korea's central bank left its key interest rate at a record low for an 11th straight month Friday amid government concern that a solidfying ...
Intel Takes Nano Lead, AMD Holds Graphics Edge
Intel Corp. rolled out new computer chips Thursday that highlight the company's lead over Advanced Micro Devices Inc. in its ability to shrink the circuitry
Prius Japan Sales Tripled to Top Spot in 2009
The Toyota Prius was the top-selling car in Japan last year — the first time a gas-electric hybrid has clinched that spot.
Ford Adds Tweets to Sync, LCD Panels to Most Cars
Ford Motor Co. is adding Twitter messages and Internet radio to its in-car entertainment and communication service, known as Sync
American Raises JAL Tieup Offer to $1.4 Bil.
American Airlines has dug deeper to save its relationship with Japan Airlines, raising the amount it is willing to invest in the ailing airline to ...
Boeing Orders Fell 90% in 2009
Boeing Co. said its customers ordered just 142 commercial airplanes last year as the recession forced airlines to shrink.
Department Stores Report Better December Sales
Department stores reported higher sales in stores open at least a year this December than last, and many raised their fourth-quarter forecasts.
China Manufacturing Rose at Fastest Rate in 20 Months
An index of China's manufacturing rose in December, expanding at its fastest rate in 20 months
New CEO Expects 2010 Profits for Leaner GM
General Motors Co.'s chairman expects the automaker will be profitable this year and says hundreds of the 1,350 GM dealers
Proposed Delta-JAL Tieup Prompts Monopoly Fears
A group representing business travelers is opposing the proposed tie up between Delta Air Lines and money-losing Japan Airlines as bad for competition.
Samsung Profits Soared to $3.44 Bil. in Q4
Samsung Electronics Co. predicted Thursday an operating profit of up to $3.44 billion for the fourth quarter of 2009 as the world's top TV seller ...
Ford's China Sales Up 44% in 2009
Ford Motor Co. said Thursday sales in China by the company and its local partners soared 44 percent in 2009, highlighting the country's key role
LG to Introduce 3-D TV in May
LG Electronics says it will introduce its first 3-D-capable flat panel TVs for the U.S. market in May.
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