Kai-Fu Lee Raises $180 Mil. for China Tech Incubator
Former search-engine wizard Kai-Fu Lee has raised $180 million more in venture capital for his China startup incubator.
Business
BYD Plans Massive Layoffs As Auto Sales Plunge
The Chinese battery-maker picked by Warren Buffet to become a giant of the global electric-car market is shrinking its workforce as sales plunge.
China's Rare Earth Dealers Hurt by Price Plunge
A sudden price plunge has caught China's rare earth dealers holding big inventories bought at high prices.
David Wang Creates Personal Activity Logger
David Wang wants to motivate the average person to achieve fitness goals by staying active in the real world.
Ex-China Mobile Chairman Gets Death Sentence
A former China Mobile executive who had confessed to accepting $2.6 million in bribes was given a death sentence on Tuesday.
McDonald's Tries New Approach for China Success
McDonald's China is loosening up its ownership structure and moving its stores upmarket to maintain growth in a rapidly changing market.
Samsung Pushes Own Bada OS with Wave Smartphones
Samsung powers up its software ambitions with three new smartphones running its proprietary OS.
Japan Sells Gold While Other Nations Buy
Japan is the only major economy where more gold is being sold than bought.
H&M to Double Japan Stores by 2012
H&M will more than double the number of stores in Japan over the next year on exploding demand from fashion consumers.
Dharmendra Modha Mimics Brain's Efficiency
IBM's Dharmendra Modha has taken another big step toward developing a computer that can match the human brain in efficiency.
China Raises Yuan Against Dollar to Fight Inflation
China lets the yuan hit record highs against the dollar as it focuses on controlling a surging inflation rate.
China-Japan Trade Hits Record High in 1st Half
The total value of trade between Japan and China during the first half of 2011 surged 17.9 percent.
China Continues Boosting Holdings of U.S. Treasuries
China added $5.7 billion of U.S. Treasuries in June despite growing pressure to diversify foreign reserves away from the beleaguered dollar.
Liming Dai Leads Air Force Nanomaterials Project
Liming Dai will lead a team to develop 3D nanomaterials with the unique properties found in flat nano-structures.
Toshiba to Build Major Energy-Efficient Community
Toshiba Corp. will develop one of the world's biggest energy efficient “smart communities” in Osaka Prefecture.
China Buys Foreign Firms at Record Pace
A growing hunger for consumer brands and industrial technology drove China's outbound M&As to record high levels
Japanese Firms Seek Relief in Overseas Operations
Over half of Japan's 105 leading firms plan to counter the strong yen, power shortages and falling share prices by expanding operations overseas.
Japan Q2 GDP Falls for 3rd Straight Quarter
Japan's economy shrank an annualized real rate of 1.3 percent in the April-June quarter.
S. Korea Hosts 716,000 Foreign Workers
A growing demand for labor by S. Korea's small firms has swollen the ranks of foreign workers to 2.9 percent of the total labor force.
Samsung, LG Extend Lead in N. American Mobile Phones
Samsung and LG are increasing their lead in the North American cell phone market.
Hyundai-Kia Closes on 15% of U.S. Car Market
The Hyundai-Kia Automotive Group is expecting its share of the U.S. market to pass 15% for the month of August, the company announced Monday.
Nelson Chai Named President of CIT Group
Nelson Chai has been promoted to president of CIT Group from his post as chief administrative officer and strategy chief.
Nike Branded with False Advertising in China
Nike tried to cheat customers in China with a false advertising campaign, claims a Beijing consumer activist.
Only 61.6% of Japan's New Grads Have Jobs
Nearly two of every five Japanese university students who graduated this spring have been unable to find full-time jobs.
China's Auto Growth Shifts to Full-Size Cars
Falling prices and rising living standards have made larger models the hottest segment of China's car market.
Hong Kong Jobless Rate at 13-Year Low
A sustained export boom has powered record employment for Hong Kong, bringing down its jobless rate to a better-than-forecast 3.2 percent.
Yao Zhao Shows Energy-Efficient Nanotube Cable
Yao Zhao shows that ultra-light carbon-nanotube cables can carry as much electricity as copper wires.
Severe Pilot Shortage to Hit Asia-Pacific Air Travel
A shortage of pilots and technicians may become the limiting factor in the growth of Asia-Pacific's booming air travel industry.
China Debuts Homegrown Ultra-Light Helicopter
The first ultra-light helicopter manufactured in China was unveiled Thursday at the China Helicopter Exposition in Tianjin.
SUVs Catch On with China's Middle Class
China's affluent new middle class has made SUVs the fastest growing segment of the auto market.
Google Returns to China with Group-Buying Site
Google has apparently decided to return to the China market by launching a group deal aggregator in China Thursday.
80% of Honey Sold in China Suspected Fake
Most of the honey sold in China is nothing more than cane sugar syrup, according to an expert quoted by Beijing Business Today.
Kevin Chou Builds Social Gaming Kingdom
Kevin Chou is on track to build Kabam into an online social gaming empire.
Paul Jung's Bodhi Electric Bikes Offer CVP Technology
If there's a Mercedes-Benz of bicycles, it would be the ones Paul Jung's Bodhi Bikes makes.
Japan Has No Companies in Asia's Top 50 List
The Forbes list of Asia's top 50 firms for 2011 was dominated by Chinese, S. Korean and Indian firms.
Strong Yen Pushes Even Small Japanese Firms Abroad
Japan fears hollowing out of its industrial base as more firms shift production to other Asian nations.
U.S. Solar Failures Give China Dominant Share
Government subsidies and the failures of several U.S. solar power companies make China the dominant solar-panel producer.
China Trade Surplus Plunged in August
A surge in imports and softening exports nearly halved China's trade surplus in August to just $17.75 billion.
Korean Export Car Prices Hit New High
The average export price of Korean cars for the first half of the year jumped 13.9 percent over last year to a new record high ...
Ren Ng's Lytro Set to Revolutionize Photography
Ren Ng's Lytro camera can focus a picture that was taken out of focus.
U.S. Exports Surge, Shrink Trade Gap
U.S. exports rose 3.6 percent in July to $178 billion on the strength of telecommunications equipment, civilian aircraft, autos and industrial engines.
China Backs London As Yuan Trading Center
China is giving formal approval to London becoming an offshore yuan trading center on Thursday.
Audi Sales Surge on Strong China Growth
Luxury carmaker Audi sold 17.1 percent more cars in August over last year on a 25.5 percent jump in China growth.
China Becoming 2nd Biggest Aircraft Market
China will need 5,000 new commercial planes valued at $600 billion by 2030.
Jess Lee Creates Truly Interactive Fashion Shopping
Jess Lee's Polyvore gives online fashionistas a digital playpen in which to mix-and-match ensembles before buying.
Dell, Baidu Tie Up to Launch Tablets, Phones in China
U.S. PC giant Dell hopes to gain an edge in China by launching tablet PCs and mobile phones using Baidu Yi.
Japan Rice Prices Jump on Radiation Rumors
Fears that rice from the disaster-struck Tohoku region will turn out to have unsafe levels of radiation have sent up trading prices about 10 percent ...
Toyota to Turn Camry into Hybrid
>The strong yen is forcing Toyota to stop exporting Camrys to North America just as it unveils an all-new hybrid version.
Jing Wong Heads Up Qualcomm's Global Business
UVA Law-grad Jing Wang now leads all regions of Qualcomm's global business operations.
Intel to Develop Infotainment System for Hyundai Cars
Intel signed a deal Monday in Seoul to develop an enhanced in-vehicle infotainment platform for cars made by Hyundai and its Kia subsidiary.
Kai-Fu Lee Raises $180 Mil. for China Tech Incubator
Former search-engine wizard Kai-Fu Lee has raised $180 million more in venture capital for his China startup incubator.
BYD Plans Massive Layoffs As Auto Sales Plunge
The Chinese battery-maker picked by Warren Buffet to become a giant of the global electric-car market is shrinking its workforce as sales plunge.
China's Rare Earth Dealers Hurt by Price Plunge
A sudden price plunge has caught China's rare earth dealers holding big inventories bought at high prices.
David Wang Creates Personal Activity Logger
David Wang wants to motivate the average person to achieve fitness goals by staying active in the real world.
Ex-China Mobile Chairman Gets Death Sentence
A former China Mobile executive who had confessed to accepting $2.6 million in bribes was given a death sentence on Tuesday.
McDonald's Tries New Approach for China Success
McDonald's China is loosening up its ownership structure and moving its stores upmarket to maintain growth in a rapidly changing market.
Samsung Pushes Own Bada OS with Wave Smartphones
Samsung powers up its software ambitions with three new smartphones running its proprietary OS.
Japan Sells Gold While Other Nations Buy
Japan is the only major economy where more gold is being sold than bought.
H&M to Double Japan Stores by 2012
H&M will more than double the number of stores in Japan over the next year on exploding demand from fashion consumers.
Dharmendra Modha Mimics Brain's Efficiency
IBM's Dharmendra Modha has taken another big step toward developing a computer that can match the human brain in efficiency.
China Raises Yuan Against Dollar to Fight Inflation
China lets the yuan hit record highs against the dollar as it focuses on controlling a surging inflation rate.
China-Japan Trade Hits Record High in 1st Half
The total value of trade between Japan and China during the first half of 2011 surged 17.9 percent.
China Continues Boosting Holdings of U.S. Treasuries
China added $5.7 billion of U.S. Treasuries in June despite growing pressure to diversify foreign reserves away from the beleaguered dollar.
Liming Dai Leads Air Force Nanomaterials Project
Liming Dai will lead a team to develop 3D nanomaterials with the unique properties found in flat nano-structures.
Toshiba to Build Major Energy-Efficient Community
Toshiba Corp. will develop one of the world's biggest energy efficient “smart communities” in Osaka Prefecture.
China Buys Foreign Firms at Record Pace
A growing hunger for consumer brands and industrial technology drove China's outbound M&As to record high levels
Japanese Firms Seek Relief in Overseas Operations
Over half of Japan's 105 leading firms plan to counter the strong yen, power shortages and falling share prices by expanding operations overseas.
Japan Q2 GDP Falls for 3rd Straight Quarter
Japan's economy shrank an annualized real rate of 1.3 percent in the April-June quarter.
S. Korea Hosts 716,000 Foreign Workers
A growing demand for labor by S. Korea's small firms has swollen the ranks of foreign workers to 2.9 percent of the total labor force.
Samsung, LG Extend Lead in N. American Mobile Phones
Samsung and LG are increasing their lead in the North American cell phone market.
Hyundai-Kia Closes on 15% of U.S. Car Market
The Hyundai-Kia Automotive Group is expecting its share of the U.S. market to pass 15% for the month of August, the company announced Monday.
Nelson Chai Named President of CIT Group
Nelson Chai has been promoted to president of CIT Group from his post as chief administrative officer and strategy chief.
Nike Branded with False Advertising in China
Nike tried to cheat customers in China with a false advertising campaign, claims a Beijing consumer activist.
Only 61.6% of Japan's New Grads Have Jobs
Nearly two of every five Japanese university students who graduated this spring have been unable to find full-time jobs.
China's Auto Growth Shifts to Full-Size Cars
Falling prices and rising living standards have made larger models the hottest segment of China's car market.
Hong Kong Jobless Rate at 13-Year Low
A sustained export boom has powered record employment for Hong Kong, bringing down its jobless rate to a better-than-forecast 3.2 percent.
Yao Zhao Shows Energy-Efficient Nanotube Cable
Yao Zhao shows that ultra-light carbon-nanotube cables can carry as much electricity as copper wires.
Severe Pilot Shortage to Hit Asia-Pacific Air Travel
A shortage of pilots and technicians may become the limiting factor in the growth of Asia-Pacific's booming air travel industry.
China Debuts Homegrown Ultra-Light Helicopter
The first ultra-light helicopter manufactured in China was unveiled Thursday at the China Helicopter Exposition in Tianjin.
SUVs Catch On with China's Middle Class
China's affluent new middle class has made SUVs the fastest growing segment of the auto market.
Google Returns to China with Group-Buying Site
Google has apparently decided to return to the China market by launching a group deal aggregator in China Thursday.
80% of Honey Sold in China Suspected Fake
Most of the honey sold in China is nothing more than cane sugar syrup, according to an expert quoted by Beijing Business Today.
Kevin Chou Builds Social Gaming Kingdom
Kevin Chou is on track to build Kabam into an online social gaming empire.
Paul Jung's Bodhi Electric Bikes Offer CVP Technology
If there's a Mercedes-Benz of bicycles, it would be the ones Paul Jung's Bodhi Bikes makes.
Japan Has No Companies in Asia's Top 50 List
The Forbes list of Asia's top 50 firms for 2011 was dominated by Chinese, S. Korean and Indian firms.
Strong Yen Pushes Even Small Japanese Firms Abroad
Japan fears hollowing out of its industrial base as more firms shift production to other Asian nations.
U.S. Solar Failures Give China Dominant Share
Government subsidies and the failures of several U.S. solar power companies make China the dominant solar-panel producer.
China Trade Surplus Plunged in August
A surge in imports and softening exports nearly halved China's trade surplus in August to just $17.75 billion.
Korean Export Car Prices Hit New High
The average export price of Korean cars for the first half of the year jumped 13.9 percent over last year to a new record high ...
Ren Ng's Lytro Set to Revolutionize Photography
Ren Ng's Lytro camera can focus a picture that was taken out of focus.
U.S. Exports Surge, Shrink Trade Gap
U.S. exports rose 3.6 percent in July to $178 billion on the strength of telecommunications equipment, civilian aircraft, autos and industrial engines.
China Backs London As Yuan Trading Center
China is giving formal approval to London becoming an offshore yuan trading center on Thursday.
Audi Sales Surge on Strong China Growth
Luxury carmaker Audi sold 17.1 percent more cars in August over last year on a 25.5 percent jump in China growth.
China Becoming 2nd Biggest Aircraft Market
China will need 5,000 new commercial planes valued at $600 billion by 2030.
Jess Lee Creates Truly Interactive Fashion Shopping
Jess Lee's Polyvore gives online fashionistas a digital playpen in which to mix-and-match ensembles before buying.
Dell, Baidu Tie Up to Launch Tablets, Phones in China
U.S. PC giant Dell hopes to gain an edge in China by launching tablet PCs and mobile phones using Baidu Yi.
Japan Rice Prices Jump on Radiation Rumors
Fears that rice from the disaster-struck Tohoku region will turn out to have unsafe levels of radiation have sent up trading prices about 10 percent ...
Toyota to Turn Camry into Hybrid
>The strong yen is forcing Toyota to stop exporting Camrys to North America just as it unveils an all-new hybrid version.
Jing Wong Heads Up Qualcomm's Global Business
UVA Law-grad Jing Wang now leads all regions of Qualcomm's global business operations.
Intel to Develop Infotainment System for Hyundai Cars
Intel signed a deal Monday in Seoul to develop an enhanced in-vehicle infotainment platform for cars made by Hyundai and its Kia subsidiary.
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