Alibaba.com may be taken private
Tweet China’s largest e-commerce company, Alibaba Group,is planning to take Alibaba.com, its Hong Kong-listed unit, private in a move th at could slow the growth of the website. Yahoo! owns…
Walmart moves to control online retailer Yihaodian
Tweet Wal-Mart,one of the leading retailing giants in the US is planning to acquire a controlling interest in one of the most popular Chinese online retailers, Yihaodian. If the plan…
Super rich Asians now targeted by private jet makers
Tweet Private jet makers were targeting Asia’s super-rich at last week’s Singapore Airshow in a bid to convince them to upgrade their spending habits. Gone are the days when stretch-limousines,…
Asia’s budget airlines bracing for cut-throat competition in South Korea this year
Tweet The low-cost airline battle for key routes into Seoul is heating up and price wars look set to break out. Carriers from China and Japan are seeking to launch new…
Foxconn planning to expand in China as Apple prepares to unveil iPad 3
Tweet One of the major suppliers of Apple Inc. products in China, Foxconn Technology Group, is planning to expand its production capacity in the country, a move that is needed to help the company…
Search engine Baidu’s profit nearly doubled in 2011
Tweet Baidu, China’s leading internet search engine, has revealed a 91.4% increase in profits in 2011 as its usage grows and online advertising in China accelerates. The results were better…
Bombardier to open Indonesia and Singapore aircraft maintenance centers
Tweet Bombardier Inc. has announced it will open major new aircraft maintenance facilities in Indonesia and Singapore. Bombardier (TSX:BBD) is a Canadian manufacturer of aircraft and trains but these investments…
HSBC to push into Chinese mainland
Tweet In a bid to increase its presence in mainland China, HSBC is planning to expand its branch network or raise its stake in the Bank of Communications (BoCom). Speaking…
Sharp rise in demand for Jaguar in China drives Tata Motors profit to record
Tweet In recent years, demand for luxury vehicles in China has gone up sharply and most luxury vehicle manufacturers are really reaping from the boom . Last year (2011), Tata…
iPads being pulled from sale across China over trademark dispute
Tweet More retailers are pulling Apple’s iPad from sale to avoid being caught up in the dispute between Apple (NAQ:APPL) and Proview over the iPad trademark. In the last few…
