Small Lenders in Wenzhou Rush to Become Banks
The central government's pledge to let private lenders become village and town banks as part of an economic experimental zone to be established in the ...
Business
Andrea Jung Replaced At Avon
Andrea Jung has been relieved of her longtime post as Avon CEO after two failed efforts at turning it around.
China Targets Asia IT Leadership by 2015
China aims to become Asia's leader in software and IT by the end of its 12th five-year plan (2011-2015).
Sony to Cut 10,000 Jobs Over Next Year
Sony Corp. will cut about 10,000 jobs worldwide over the next year as it tries to overcome shrinking LCD TV sales and return to profit, ...
Teri Odom's Particles Kill Cancer Cell Nuclei
Teri Odom's “gold nanostars” efficiently deliver drug particles directly to the nuclei of cancer cells.
Japan Posts First Trade Deficit Since 1980
Japan posted a trade deficit of ¥2.5 trillion ($32.1 bil.) for 2011, the first such deficit since 1980.
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.
Patrick Soon-Shiong to Make Bid for Dodgers
L.A.'s richest man commits himself to taking a stake in the Dodgers.
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 ...
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.
Pink Slime Not Used in Its China Burgers Says McD's
McDonald's was forced to reveal that it uses a higher quality of beef for its burgers sold in China than in the US after it ...
Apple Appeals After Losing iPad Suit to Taiwan Firm
Apple is appealing a 240 million yuan ($38 million) judgment awarded against it by a Beijing court for infringing a Taiwan firm's trademark on the ...
Yu-Chueh Hung Makes Fish DNA Memory Device
Yu-Chueh Hung has used a medium based on salmon DNA to make a new type of memory device that can store data indefinitely.
Korea to Phase Out Magnetic Strips on Debit Cards
Korea has decided to quickly phase out debit cards with magnetic strips, the Financial Supervisory Service announced Tuesday.
Honda Set to Storm Market for Small Business Jets
The $4.5-million HondaJet is being certified for commercial sale beginning in early 2013 as Honda Motor Company prepares to become a giant in the market ...
Shuji Nakamura's Soraa Makes LEDs 10 Times Brighter
Soraa is betting that a super-efficient LED can more than make up for its greater cost to shake up the lighting industry.
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.
Ji Wu's Lifelong Egg-Production Study Vindicated
A new study has confirmed Ji Wu's 2009 finding that the capacity to produce new eggs do not end at birth.
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.
Sujeet Kumar's Envia Doubles Car Battery Capacity
Sujeet Kumar has doubled battery charge storage capacity by using novel electrode materials.
Japan Auto Production Jumped 18.6% in January
Japan's January auto output surged to 837,197, a 18.6% jump over the same month of 2011.
Emily Ho Finds Anti-Cancer Mechanism in Broccoli
Emily Ho identifies how a compound found in cruciferous vegetables fights cancer tumors.
Elpida Bankruptcy Gives Korea DRAM Dominance
Elpida Memory's $5.6 billion bankruptcy filing Monday effectively cedes complete dominance of the PC memory chip industry sector to S. Korean firms Samsung and Hynix ...
Anirban Banyopadhyay Unveils Molecular Parallel Processor
Anirban Banyopadhyay has assembled 300 organic molecules into a massively parallel nanoscale computing device.
China's Great Wall Motor Opens Auto Plant in Europe
China's leading maker of SUVs and pick-up trucks opened its first European plant on February 21.
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 ...
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.
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 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 ...
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 ...
City Center Opens in Las Vegas with Big Bash
Visitors by the thousand streamed into the newest casino-resort on the Las Vegas strip early Thursday, an influx that casino officials hope will help yank ...
Hyundai Launches China Truck Venture
Hyundai Motor Co. said Sunday it has agreed to launch a $400 million truck manufacturing venture in China with a local partner as it seeks ...
Whole Foods Founder Wants to Go Back to Healthy Roots
The chocolate fountain is a symbol for Whole Foods CEO John Mackey of how business has changed.
GM to Shut Down Saab After Spyker Talks Fail
General Motors Co. said Friday it will shut down Saab after talks to sell the brand to a Dutch carmaker collapsed, marking the third time ...
Wyoming Plant to Turn Coal into Gasoline
Wyoming Gov. Dave Freudenthal is supporting a Texas company's proposal to build a major plant for turning coal into gasoline.
Small Lenders in Wenzhou Rush to Become Banks
The central government's pledge to let private lenders become village and town banks as part of an economic experimental zone to be established in the ...
Andrea Jung Replaced At Avon
Andrea Jung has been relieved of her longtime post as Avon CEO after two failed efforts at turning it around.
China Targets Asia IT Leadership by 2015
China aims to become Asia's leader in software and IT by the end of its 12th five-year plan (2011-2015).
Sony to Cut 10,000 Jobs Over Next Year
Sony Corp. will cut about 10,000 jobs worldwide over the next year as it tries to overcome shrinking LCD TV sales and return to profit, ...
Teri Odom's Particles Kill Cancer Cell Nuclei
Teri Odom's “gold nanostars” efficiently deliver drug particles directly to the nuclei of cancer cells.
Japan Posts First Trade Deficit Since 1980
Japan posted a trade deficit of ¥2.5 trillion ($32.1 bil.) for 2011, the first such deficit since 1980.
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.
Patrick Soon-Shiong to Make Bid for Dodgers
L.A.'s richest man commits himself to taking a stake in the Dodgers.
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 ...
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.
Pink Slime Not Used in Its China Burgers Says McD's
McDonald's was forced to reveal that it uses a higher quality of beef for its burgers sold in China than in the US after it ...
Apple Appeals After Losing iPad Suit to Taiwan Firm
Apple is appealing a 240 million yuan ($38 million) judgment awarded against it by a Beijing court for infringing a Taiwan firm's trademark on the ...
Yu-Chueh Hung Makes Fish DNA Memory Device
Yu-Chueh Hung has used a medium based on salmon DNA to make a new type of memory device that can store data indefinitely.
Korea to Phase Out Magnetic Strips on Debit Cards
Korea has decided to quickly phase out debit cards with magnetic strips, the Financial Supervisory Service announced Tuesday.
Honda Set to Storm Market for Small Business Jets
The $4.5-million HondaJet is being certified for commercial sale beginning in early 2013 as Honda Motor Company prepares to become a giant in the market ...
Shuji Nakamura's Soraa Makes LEDs 10 Times Brighter
Soraa is betting that a super-efficient LED can more than make up for its greater cost to shake up the lighting industry.
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.
Ji Wu's Lifelong Egg-Production Study Vindicated
A new study has confirmed Ji Wu's 2009 finding that the capacity to produce new eggs do not end at birth.
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.
Sujeet Kumar's Envia Doubles Car Battery Capacity
Sujeet Kumar has doubled battery charge storage capacity by using novel electrode materials.
Japan Auto Production Jumped 18.6% in January
Japan's January auto output surged to 837,197, a 18.6% jump over the same month of 2011.
Emily Ho Finds Anti-Cancer Mechanism in Broccoli
Emily Ho identifies how a compound found in cruciferous vegetables fights cancer tumors.
Elpida Bankruptcy Gives Korea DRAM Dominance
Elpida Memory's $5.6 billion bankruptcy filing Monday effectively cedes complete dominance of the PC memory chip industry sector to S. Korean firms Samsung and Hynix ...
Anirban Banyopadhyay Unveils Molecular Parallel Processor
Anirban Banyopadhyay has assembled 300 organic molecules into a massively parallel nanoscale computing device.
China's Great Wall Motor Opens Auto Plant in Europe
China's leading maker of SUVs and pick-up trucks opened its first European plant on February 21.
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 ...
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.
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 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 ...
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 ...
City Center Opens in Las Vegas with Big Bash
Visitors by the thousand streamed into the newest casino-resort on the Las Vegas strip early Thursday, an influx that casino officials hope will help yank ...
Hyundai Launches China Truck Venture
Hyundai Motor Co. said Sunday it has agreed to launch a $400 million truck manufacturing venture in China with a local partner as it seeks ...
Whole Foods Founder Wants to Go Back to Healthy Roots
The chocolate fountain is a symbol for Whole Foods CEO John Mackey of how business has changed.
GM to Shut Down Saab After Spyker Talks Fail
General Motors Co. said Friday it will shut down Saab after talks to sell the brand to a Dutch carmaker collapsed, marking the third time ...
Wyoming Plant to Turn Coal into Gasoline
Wyoming Gov. Dave Freudenthal is supporting a Texas company's proposal to build a major plant for turning coal into gasoline.
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