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.
Business
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.
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.
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.
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.
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.
Fiat's Wicked Small Racer Reborn at LA Auto Show
The Fiat 500 Abarth, which made its US debut at the 2011 LA Auto Show, is the car most likely to tempt driving enthusiasts who ...
Japan Domestic TV Shipments Plunge 73.7%
Only 746,000 flat-screen TVs were shipped in October, 73.7% plunge from a year earlier.
Foxconn to Add 300,000 Robots Without Layoffs
The world's largest electronics contract manufacturer will 300,000 robots to its assembly lines without cutting any of its 1.2 million workers in China,
Yi Cui Achieves Grid-Battery Breakthrough
Yi Cui's new electrode appears ideally suited for use in batteries for electric power grids.
Small Business Startups Surge Among Older Koreans
he number of S. Koreans over the age of 50 who are self-employed jumped to a record 3.1 million in October.
Tokyo, Osaka Bourses to Merge into World's No. 2
Tokyo Stocks Exchange Group Inc. (TSE) and Osaka Securities Exchange Co. (OSE) will merge in January 2013 to create the world's second-largest stock exchange.
Surging China Demand Drives Up Soy Bean Prices
Soybean prices have surged after China decided to import six to eight shiploads to replenish its national soybean stockpile.
Lin Yang Enables Hi-Res Free TV for Speeding Cars
Lin Yang's SuperTV technology lets cars on US freeways receive terrestrial digital TV broadcasts in 1080i resolution.
China's Growth to Remain at Robust 9.2% in 2012
Despite the government measures to ease inflationary pressures, China's economy will grow a robust 9.2 percent in 2012.
Italy's Chinese Enclave Suffers from Debt Crisis
Over 3,000 Chinese garment factories employing tens of thousands of Chinese are facing hard times in Prato.
Hong Kong Disneyland Begins Expansion Amid Red Ink
On Thursday Hong Kong Disneyland kicked off the first phase of an expansion aimed at allowing it ultimately to turn a profit.
China Imports Record Amount of US Pork
US pork imports to China hit a new high in September of 41,000 tons.
China LED Sector in Shakeout Amid Bright Prospects
China's LED makers are facing increasingly dark days ahead due to severe over-investment leading to cutthroat competition.
Rachel Roy Launches First Beauty Product
Fashion designer Rachel Roy draws on her love of dramatic, smudgy eye makeup to launch the Rachel Roy Eye Shadow Collection.
Expat Executives in China Happy with Work, Pay
Expats are pleased with China's dynamic, high-growth business environment and globally competitive compensation levels.
Yang Chen Uses Ocean Temperature to Predict Fires
Yang Chen's team has devised an accurate model for using ocean temperatures to predict forest fires.
Korean Firms Dump Binge Drinking for Healthier Outings
Progressive Korean corporations are abandoning the traditional after-work entertainments that have given Korean executives a worldwide reputation as hard-drinking karaoke fanatics.
Beijing Home Prices Fell 5.1% During Past Year
The average price of a new apartment in Beijing fell 5.1% during the first 10 months of 2011 from a year ago to 14,083 yuan ...
Zhejiang Solar Industry Hit Hard by Falling Demand
Solar power firms are struggling to stay afloat in Zhejiang, the most fiercely entrepreneurial among China's manufacturing-driven eastern provinces.
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”.
Japanese Touch Panel Pioneers Win French Legion of Honor
The French government bestowed its highest civilian honor by knighting two Japanese entrepreneurs for their key role in the success of a major French electronics ...
Yoshiki Sasai Builds Pituitary Gland from Stem Cells
Yoshiki Sasai has developed a technique to create transplantable pituitary glands from stem cells.
Japan's Retailing Giants Sell Fukushima Foods
Some of Japan's biggest retailers are supporting Fukushima farmers by selling their rice and produce to show they are completely safe.
China Reverses Tight Money Policy, Sends Stocks Soaring
China signaled a reversal in its tight-money policy Thursday evening by cutting the ratio of funds that its banks are required to keep in reserve ...
Hisataka Kobayashi's Probe Tags Cancer Cells Instantly
Hisataka Kobayashi has developed a spray that makes cancer cells fluoresce instantly for easy removal.
Yuan Already Near Equilibrium Says China
The yuan is getting close to the equilibrium value, said Chinese government think tank economist, refuting the US claim that it remains undervalued by about ...
China Bans Commercials on TV Dramas
In yet another blow to China's private satellite TV broadcasts, the central government will require TV stations to stop interrupting drama shows with commercials beginning ...
Beijing On Way to Becoming Global Software Center
Beijing's IT and software industries already employ more people than Silicon Valley and is set to produce 680 billion ($106.7 billion) in revenues with 700,000 ...
China in Seesaw Battle with US Over Smartphone Lead
China and the US are locked in a close contest for the title of world's top smartphone market, according to conflicting reports from various industry ...
North China Foxconn Worker Jumps to Her Death
A female employee at Foxconn's Taiyuan plant jumped to her death from a company building, reported Xinhua Thursday.
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.
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.
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.
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.
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.
Fiat's Wicked Small Racer Reborn at LA Auto Show
The Fiat 500 Abarth, which made its US debut at the 2011 LA Auto Show, is the car most likely to tempt driving enthusiasts who ...
Japan Domestic TV Shipments Plunge 73.7%
Only 746,000 flat-screen TVs were shipped in October, 73.7% plunge from a year earlier.
Foxconn to Add 300,000 Robots Without Layoffs
The world's largest electronics contract manufacturer will 300,000 robots to its assembly lines without cutting any of its 1.2 million workers in China,
Yi Cui Achieves Grid-Battery Breakthrough
Yi Cui's new electrode appears ideally suited for use in batteries for electric power grids.
Small Business Startups Surge Among Older Koreans
he number of S. Koreans over the age of 50 who are self-employed jumped to a record 3.1 million in October.
Tokyo, Osaka Bourses to Merge into World's No. 2
Tokyo Stocks Exchange Group Inc. (TSE) and Osaka Securities Exchange Co. (OSE) will merge in January 2013 to create the world's second-largest stock exchange.
Surging China Demand Drives Up Soy Bean Prices
Soybean prices have surged after China decided to import six to eight shiploads to replenish its national soybean stockpile.
Lin Yang Enables Hi-Res Free TV for Speeding Cars
Lin Yang's SuperTV technology lets cars on US freeways receive terrestrial digital TV broadcasts in 1080i resolution.
China's Growth to Remain at Robust 9.2% in 2012
Despite the government measures to ease inflationary pressures, China's economy will grow a robust 9.2 percent in 2012.
Italy's Chinese Enclave Suffers from Debt Crisis
Over 3,000 Chinese garment factories employing tens of thousands of Chinese are facing hard times in Prato.
Hong Kong Disneyland Begins Expansion Amid Red Ink
On Thursday Hong Kong Disneyland kicked off the first phase of an expansion aimed at allowing it ultimately to turn a profit.
China Imports Record Amount of US Pork
US pork imports to China hit a new high in September of 41,000 tons.
China LED Sector in Shakeout Amid Bright Prospects
China's LED makers are facing increasingly dark days ahead due to severe over-investment leading to cutthroat competition.
Rachel Roy Launches First Beauty Product
Fashion designer Rachel Roy draws on her love of dramatic, smudgy eye makeup to launch the Rachel Roy Eye Shadow Collection.
Expat Executives in China Happy with Work, Pay
Expats are pleased with China's dynamic, high-growth business environment and globally competitive compensation levels.
Yang Chen Uses Ocean Temperature to Predict Fires
Yang Chen's team has devised an accurate model for using ocean temperatures to predict forest fires.
Korean Firms Dump Binge Drinking for Healthier Outings
Progressive Korean corporations are abandoning the traditional after-work entertainments that have given Korean executives a worldwide reputation as hard-drinking karaoke fanatics.
Beijing Home Prices Fell 5.1% During Past Year
The average price of a new apartment in Beijing fell 5.1% during the first 10 months of 2011 from a year ago to 14,083 yuan ...
Zhejiang Solar Industry Hit Hard by Falling Demand
Solar power firms are struggling to stay afloat in Zhejiang, the most fiercely entrepreneurial among China's manufacturing-driven eastern provinces.
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”.
Japanese Touch Panel Pioneers Win French Legion of Honor
The French government bestowed its highest civilian honor by knighting two Japanese entrepreneurs for their key role in the success of a major French electronics ...
Yoshiki Sasai Builds Pituitary Gland from Stem Cells
Yoshiki Sasai has developed a technique to create transplantable pituitary glands from stem cells.
Japan's Retailing Giants Sell Fukushima Foods
Some of Japan's biggest retailers are supporting Fukushima farmers by selling their rice and produce to show they are completely safe.
China Reverses Tight Money Policy, Sends Stocks Soaring
China signaled a reversal in its tight-money policy Thursday evening by cutting the ratio of funds that its banks are required to keep in reserve ...
Hisataka Kobayashi's Probe Tags Cancer Cells Instantly
Hisataka Kobayashi has developed a spray that makes cancer cells fluoresce instantly for easy removal.
Yuan Already Near Equilibrium Says China
The yuan is getting close to the equilibrium value, said Chinese government think tank economist, refuting the US claim that it remains undervalued by about ...
China Bans Commercials on TV Dramas
In yet another blow to China's private satellite TV broadcasts, the central government will require TV stations to stop interrupting drama shows with commercials beginning ...
Beijing On Way to Becoming Global Software Center
Beijing's IT and software industries already employ more people than Silicon Valley and is set to produce 680 billion ($106.7 billion) in revenues with 700,000 ...
China in Seesaw Battle with US Over Smartphone Lead
China and the US are locked in a close contest for the title of world's top smartphone market, according to conflicting reports from various industry ...
North China Foxconn Worker Jumps to Her Death
A female employee at Foxconn's Taiyuan plant jumped to her death from a company building, reported Xinhua Thursday.
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