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China’s industrial output declined below May expectations
Economy - Jun 18, 2018
As per statistics gathered last Thursday, China's industrial output produced 6.8 percent in May as compared to a year earlier, missing expectations, whereas fixed-asset investment growth decelerat
Rice market boosted by the growing fast food industry
Market - May 08, 2017
The global rice market is predicted to grow at a single-digit CAGR during the period 2013 to 2019; the ever-increasing population is seen as one of the primary drivers.
India likely to fall behind China in terms of GDP growth rate
World - Feb 28, 2017
Effects of demonetization to become evident as India announces second full-year estimate for 2016 and October to December quarter GDP growth rate.
China and Philippines Agree to Collaborate on 30 Projects Valued at $3.7bn
World - Jan 23, 2017
After a meeting in Beijing on Monday, China and Philippines have agreed to combine forces on 30 projects worth $3.7 billion aiming at poverty reduction.
Volkswagen AG to Recall Almost 50,000 Automobiles in China
Automotive - Jan 09, 2017
The automotive manufacturing company, Volkswagen Group, will recall almost 50000 vehicles in China due to brake design defects starting next month, as per state media stated today.
Foxconn Strengthens Investment in China through New Flat-Panel Factory
Company - Jan 02, 2017
Terry Gou, Foxconn Technology Group organizer, reported plans to formulate $8.8 billion TV level board production line in the region of Guangzhou, China.
China might hinder OPEC’s effort to stabilize oil markets, says analyst
Energy - Dec 28, 2016
According to an analyst at ClipperData, OPEC’s effort to equalize the overbalanced oil market could be affected by the unplanned consequence of crumpling crude demand from China.
China Imposes an Extra 10% Tax on Imported Luxury Cars
Automotive - Dec 02, 2016
The Finance Ministry of China stated, this step is targeted at encouraging rational consumption and controlling the usage of energy and emissions as well as promote energy-efficient cars.
Smog-hit residents in China ready to pay for ‘bottled fresh air’
World - Nov 30, 2016
With the outburst of the winter season in China, the northern regions are covered with choking smog. The demand for bottled fresh air has rocketed in the past few days, which are offered with attached
Japan to build world's fastest and most efficient supercomputer
Technology - Nov 30, 2016
Japan wants to build a super-efficient computer that could possibly be world’s fastest supercomputer in the upcoming years. The new Artificial Intelligence Bridging Cloud Infrastructure (AIBC) w
Chinese company LingLong launches smart home speakers named ‘DingDong’
Technology - Nov 30, 2016
DingDong is the first product from LingLong, which is a joint venture between JD.com and iFlytek and it can be used to control home appliances, music player, inquiring for weather, traffic and stocks
Taiwanese airline TransAsia is shutting down after fatal crashes
Company - Nov 30, 2016
The Taiwanese airlines that served in cities Japan, China and Southeast Asia, announced on Tuesday that it was shutting down its entire services following heavy losses and two major fatal airplane cra
China Construction Accident: 40 killed in a scaffolding collapse
World - Nov 30, 2016
According to the state news agency, Xinhua, the accident took place at the construction site of a power plant in eastern China. In this deadly accident, at least 40 people were killed when a platform
Facebook to build a censorship friendly tool for China
Technology - Nov 30, 2016
According to various reports circulating the web, Facebook is busy making a software that could accommodate censorship demands in China. Though, the social networking giant refused to comment; declini
Asian Markets stuck in a rattle battle
Market - Nov 22, 2016
The Asian market has been on crossroads since quite some time now, Chinese economy has been threatening to impose recession on itself and the world; Japan’s shares have been falling because of t
Australian dollar slips to its lowest level since June
Economy - Nov 22, 2016
The value of Australian dollar has decreased to five month lows, with the effect of a strengthening United States dollar in response to the policies being selected by US president elect Donald trump.
China ready to pounce on TPP in US’ Stead
World - Nov 21, 2016
The Trans Pacific Partnership is now in grave danger, since the president elect has already expressed such strong emotions against it. TPP was a major step President Barack Obama took to push and boos
$1 billion deal: China’s Wanda group buying American Dick Clark Productions
Business - Nov 17, 2016
World’s biggest cinema chain operator and Chinese multinational corporation Dalian Wanda Group would acquire an American entertainment production house ‘Dick Clark Productions, Inc.’
Drop in China’s Foreign-Exchange Reserves Cause a Decline in Currency
Market - Nov 11, 2016
The country’s currency reserves stood at $ 3.12 trillion after the fourth continuous decline. Increased outbound investments by Beijing and increasing capital outflows following the steady depre
China's Economic Slowdown: All you need to know
Business - Nov 10, 2016
China has been reporting a constant GDP of 6.7 % since the past three fiscal years, but the stastics tell a very different story. The country’s GDP is set to reach its lowest, which hasn’t