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Saab Breaks Off Deal with Chinese Firms

Troubled Swedish carmaker Saab announced that it was backing out of an investment deal with China's Pang Da.

Rajat Gupta Freed on $10 Mil. Bail

Rajat Gupta was released Wednesday afternoon on $10m bail after pleading not guilty to six charges of insider trading.

Dan Yang Targets Babies with Vinci Tablet

Dan Yang's tablet helps children make the most of their developmental window of opportunity.

Japan to Extend Ban on Naked Short Sales of Stocks

Japan's legal ban on naked short-selling in the stock market will be extended for another six months beyond Oct. 31.

China Current Account Shows Shift from Exports

The shrinking current account surplus show that China is lessening its dependence on exports.

India Seeks to Create 100 Mil. New Factory Jobs

India will set up seven big manufacturing zones that will offer less red tape and lower taxes as part of a push to create jobs.

Japan Logs Record Trade Deficit for 1st Half

Japan has posted the biggest ever trade deficit for the first half of a fiscal year.

Chinese Loses Competitive Edge in Apparel, Shoes

The apparel and footwear industries, once China's manufacturing mainstays, are rapidly shifting to lower-wage nations.

Jack Ma Keen to Buy Yahoo Despite Yang Rebuff

Alibaba founder and CEO Jack Ma wants to buy Yahoo and has begun discussions with other potential buyers.

Gao Liu Develops Cheap Battery Booster

Gao Liu's polymer boosts battery storage capacity 30% without new manufacturing methods.

Shanghai Disney Resort to Open in 2015

The Shanghai Disney Resort being built in Shanghai's Pudong district will bring a new dimension to China's booming theme park market.

Samsung to Pay Royalties to Microsoft on Smartphones

Samsung Electronics will pay $4-5 for each smartphone it sells to settle Microsoft's claim that the Android operating system.

Kao Develops New Skin-Cleansing Technology

A new skin cleanser that actually improves the skin while providing better cleaning power has been developed by Japan's Kao Corporation.

LEDs Enjoy Boom in Japan Following Quake

The push for energy efficiency has accelerated the adoption of LED lights in Japan.

China Auto Exports Boom As Domestic Demand Slows

China's auto exports jumped 57% for the first seven months of 2011 over the same period last year to a total of 465,000 units.

S. Korea Is Top Asian Importer of U.S. Cheese

S. Korea imports more U.S. cheese than any nation except Mexico as its cheese consumption doubled between 2006 and 2010.

China Firm to Install 2,000 Gold-Dispending ATMs

Gongmei Gold Trading plans to install 2,000 ATMs to dispense gold coins and bullions over the next two years.

Aviation Ties Seen Boosting U.S., China Economies

Civil aviation is the industry that can create the greatest mutual economic benefit for the U.S. and China.

China PMI Continues Modest Rise in September

China's Purchasing Managers' Index (PMI) rose to 51.2 in September from 50.9 in August.

Shinji Nishimoto Uses MRI to See Through Other Eyes

Neuroscientist Shinji Nishimoto has used MRI brain scans to visualize what a subject is seeing.

Yachtmakers See Huge Potential in China

Global yachtmakers are angling to get into China's nascent yacht market to tap the potentially huge demand represented by its 875,000 millionaires.

Great Wall Leaps Past Slowing China Car-Market Growth

China's homegrown Great Wall Motors saw net profits soar 109 percent in the first half of the year on a 37 percent sales jump during ...

S. Korea Top Spender on Men's Skincare Products

No nation comes close to S. Korea in spending on men's skincare products.

HTC Named Taiwan's Top Global Brand

HTC tops the Taiwan Global Brands 2011 list having the highest brand value.

McDonald's Japan to Close Hundreds More Stores

Hundreds of McDonald's restaurants will be closed next year to boost profit margins due to a decline in demand for fast food.

Phillip Chang Takes Yogurtland Global

Phillip Chang is going international with the self-serve frozen yogurt concept he pioneered in 2006.

Superfast 4G LTE Handsets Roll Out in S. Korea

New smartphones being released in S. Korea take full advantage of LTE 4G's blazing data transmission speeds.

U.S. Is S. Korea's Top Arms Buyer

The United States bought $1.8 billion worth of arms from S. Korea over the past five years, becoming its biggest client.

Daihatsu Tops Fuel Efficiency with 71 MPG Car

Daihatsu has proclaimed its new Mira e:S the world's most fuel efficient non-hybrid gasoline car.

Tianjin Ranked China's Top Industrial Park

The Tianjin Economic Development Area is the highest-rated industrial zone among 90 across China.

China Auto Sales Rebound Strongly in September

China auto sales appear to be regaining momentum after weak growth during the first eight months.

Congress Ratifies U.S.-Korea FTA After 4 Years

The U.S.-Korea Free Trade Agreement was approved by both the House of Representatives and the Senate Wednesday.

Wenzhou Failures Prompt Comparison to Lehman

The number of failing businesses and owners fleeing creditors have sparked speculation that Wenzhou may become China's Lehman Brothers.

Eugene Lee Featured As Leading NFL Agent

NFL agent Eugene T. Lee was featured in an ESPN documentary about sports agents.

India Industrial Output Grew 4.1% in August

India's industrial output growth for August fell below the projected 4.5% due in part to the government's efforts at cooling inflation.

India Stocks Soar on Infosys Earnings, Global Sentiment

Sensex, India's leading stock index, jumped 422 points Wednesday after software services giant Infosys released strong quarter earnings.

China to Be Biggest Trading Nation by 2025

China will account for 13% of world trade by 2025, overtaking the U.S. as the largest trading nation.

Strong Yen Sends Japan Inc on Overseas Buying Spree

The value of Japan's overseas acquisitions during the first eight months of the year more than doubled those of the same period of 2010.

Changhuei Yang's ePetri Allows Efficient Cell Study

Changhuei Yang has put a wired lab on a chip for efficient, inexpensive high-resolution cell imaging.

Maruti Workers Attack Managers, Seize Control

One of India's leading automakers may have to cease operation completely due to violent strikes at key plants.

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.

Jerry Yang Wants to Take Yahoo Private

Yahoo's co-founder is working on a private-equity buyout that will let him regain management control.

Japan Retailers Report Robust Post-Quake Sales

Japan's retail sales fared far better than expected following the March 11 disasters, fueling record profits.

Samsung Files High-Stakes Suits Against Apple

Samsung Electronics has sued Apple in Paris and Milan to end sales of the Apple iPhone 4S because it infringes Samsung patents.

Honda to Slash Exports of Japan-Built Cars by Half

Japan's number two automaker will cut by half the number of cars it exports from domestic factories to counter the impact of a soaring yen.

Wenzhou Export Hub Suffers from Capital Squeeze

Wenzhou's exporters are liquidating overseas investments and borrowing at usurious rates to fund operations.

Saab Still Awaiting Funds from Chinese Savior

Swedish carmaker Saab is struggling to stay afloat under bankruptcy protection while awaiting $93 million.

Samsung to File Multiple Suits to Block iPhone 4S

Samsung will file patent infringement suits to block the release of iPhone 4S which rival smartphone maker Apple unveiled Tuesday.

Viet D. Dinh Defends Murdoch Empire

Viet Dinh is the last line of defense for a Murdoch family facing prosecution and loss of control over its global media empire.

Mae Tai O'Malley Builds Firm for Lawyer Moms

Seasoned lawyers back-burnering big-firm careers to devote time to kids inspired Mae Tai O'Malley to found Paragon Legal.