Yin Woon Rani to Head Universal McCann
A Grey Group veteran will head up Universal McCann's North American operations.
Business
India's Richest Got Much Poorer Since 2010
India's 100 richest people are collectively almost 20% poorer than they were last year.
Foreign Firms Lose Luster for Chinese Executives
China's state-owned firms are gaining the upper hand over their foreign rivals in attracting executives.
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.
China Auto Sales Rebound Strongly in September
China auto sales appear to be regaining momentum after weak growth during the first eight months.
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.
China Pharmaceuticals Set to Overtake Japan's
China's pharmaceutical industry is set to overtake Japan's as the world's second largest.
Seung-Wuk Lee Turns Viruses into Lenses, Scaffolds
Cal prof. Seung-Wuk Lee induces viruses to arrange themselves into useful structures.
FBI Probes $700 Mil. Payout to 2 Japanese Bankers
The FBI is investigating a $687 mil. fee paid by Olympus to a pair of Japanese bankers who operated a sleepy investment banking firm on ...
China Tax Revenues Jumped 27.4% in 2011
China saw a surge in tax revenues over last year, but the growth rate has been slowing from quarter to quarter.
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.
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.
China PMI Continues Modest Rise in September
China's Purchasing Managers' Index (PMI) rose to 51.2 in September from 50.9 in August.
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.
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.
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.
Chinese Loses Competitive Edge in Apparel, Shoes
The apparel and footwear industries, once China's manufacturing mainstays, are rapidly shifting to lower-wage nations.
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.
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.
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.
Wendy Chen Links Light Drinking to Breast Cancer Risk
Wendy Chen's study has shown the first direct link between light drinking and increased breast cancer risk.
Tianjin Ranked China's Top Industrial Park
The Tianjin Economic Development Area is the highest-rated industrial zone among 90 across China.
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.
Yin Woon Rani to Head Universal McCann
A Grey Group veteran will head up Universal McCann's North American operations.
India's Richest Got Much Poorer Since 2010
India's 100 richest people are collectively almost 20% poorer than they were last year.
Foreign Firms Lose Luster for Chinese Executives
China's state-owned firms are gaining the upper hand over their foreign rivals in attracting executives.
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.
China Auto Sales Rebound Strongly in September
China auto sales appear to be regaining momentum after weak growth during the first eight months.
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.
China Pharmaceuticals Set to Overtake Japan's
China's pharmaceutical industry is set to overtake Japan's as the world's second largest.
Seung-Wuk Lee Turns Viruses into Lenses, Scaffolds
Cal prof. Seung-Wuk Lee induces viruses to arrange themselves into useful structures.
FBI Probes $700 Mil. Payout to 2 Japanese Bankers
The FBI is investigating a $687 mil. fee paid by Olympus to a pair of Japanese bankers who operated a sleepy investment banking firm on ...
China Tax Revenues Jumped 27.4% in 2011
China saw a surge in tax revenues over last year, but the growth rate has been slowing from quarter to quarter.
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.
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.
China PMI Continues Modest Rise in September
China's Purchasing Managers' Index (PMI) rose to 51.2 in September from 50.9 in August.
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.
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.
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.
Chinese Loses Competitive Edge in Apparel, Shoes
The apparel and footwear industries, once China's manufacturing mainstays, are rapidly shifting to lower-wage nations.
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.
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.
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.
Wendy Chen Links Light Drinking to Breast Cancer Risk
Wendy Chen's study has shown the first direct link between light drinking and increased breast cancer risk.
Tianjin Ranked China's Top Industrial Park
The Tianjin Economic Development Area is the highest-rated industrial zone among 90 across China.
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.
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