Ford set to build a multi-million USD assembly plant in Hangzhou
Tweet The fight for China’s bustling auto market has been taken a notch higher after US car maker Ford Motor Co. said it is planning to set up a USD…
India puts the fizz in Coca Cola
Tweet India has been the driving force behind Coca-Cola’s global sales in the last financial quarter, with sales across all brands growing by 20%. China also put the fizz into…
Cheers! Its Carlsberg’s Tuborg for Chinese beer drinkers
Tweet Carlsberg, the Danish beer maker said on Wednesday that it has launched its Tuborg beer in China, a move that is aimed at boosting the brand’s international profile. Earlier…
China’s smart phone shipments hit a record high
Tweet China is stamping its authority as the world’s fastest growing smart phone maker and market. Last year, China shipped a record 118 million units up 175% ear-on-year, a report…
US-China trade friction shows little sign of abating
Tweet The US-China trade wars are not likely to end soon if comments made by Chinese officials yesterday are anything to go by. US manufacturers of have been crying foul…
Its a 50 percent profits decline for Chinese top carriers
Tweet Most major airlines in Asia are seeing their profits plummet in the first quarter as smaller foreign exchange gains, higher fuel prices and slower economic growth continue to bite.…
China allows the Renminbi to float a little freer
Tweet China has relaxed the band in which it allows its currency, the Renminbi, to move in value against the US dollar. The People’s Bank of China (PBC), the country’s…
Sands Cotai Central is Macau’s new kid on the block
Tweet Macau’s booming gaming industry got a shot in the arm on Wednesday after Las Vegas Sands Corp. opened its fourth casino there. Named the Sands Cotai Central, the USD…
Vietnam Airlines and Indonesia’s Post Logistiks prepare for IPO
Tweet Two large government owned enterprises in South East Asia have both announced plans to IPO in the next year. The Vietnam government will sell up to 30% of its…
US court not keen on granting Apple its wish
Tweet For some time now, US-based Apple Inc. and South Korea-based Samsung Electronics have been embroiled in a high-stakes patent dispute. However, Apple’s efforts to get its way in the…
