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R&D spree to find new growth engine

[2017-04-18 06:59]

Lenovo Group Ltd said it plans to pour $1.2 billion into the research and development of artificial intelligence, the internet of things and big data over the next four years - as the Chinese tech group scrambles to breathe new life into its PC, smartphone and other hardware businesses.

Stocks slump as investor enthusiasm for Xiongan recedes

[2017-04-18 06:59]

Chinese mainland stocks slumped on Monday as the securities regulator warned against speculation and investor fever receding on stocks related to the newly announced Xiongan New Area in Hebei province.

McDonald's, Yum rework plans in China as market turns tough

[2017-04-17 06:40]

Found at almost every major street corner across thousands of cities in China, McDonald's and fast food outlets under Yum Brands such as KFC and Pizza Hut have long enjoyed a run of super-sized growth as local consumers craved a taste of Americana.

HK event shows Chinese collectors' rising power in art

[2017-04-17 06:40]

Walking through the buzz-filled hall at the Hong Kong Convention and Exhibition Center, Al Brenner - the chief executive of online art market information provider Mutualart.com - is impressed by the energy the Asian market shows towards contemporary artworks.

Report shows gap between Asian and Western financial hubs is narrowing

[2017-04-17 06:40]

The wide gap in financial development between cities in Asia-pacific region and traditional financial centers in the west is narrowing, according to a recent report.

Shares surge on Xiongan, but sustainability concerns arise

[2017-04-17 06:40]

China's plan to develop a special economic zone - the Xiongan New Area - near Beijing has fueled a stock market frenzy all right, but analysts remain skeptical such optimism would create a sustainable bull market.

CSRC to nip stock split trend in bud

[2017-04-17 06:40]

The China Securities Regulatory Commission said it will crack down on any speculative or insider trading in shares related to anticipated announcements about stock splits.

Guards of honor

[2017-04-15 07:38]

At least once a year Meng Wei visits several shops in Beijing that specialize in traditional goods, looking to buy something for his family in Xi'an.

For time-honored brands, survival hangs by a thread

[2017-04-15 07:38]

There are few better ways of unraveling some of the mysteries behind Chinese culture than by looking into the history of the country's time-honored brands.

Biel sees iPhone8 spurring changes

[2017-04-14 06:51]

Biel Crystal (HK) Manufactory Ltd, the world's largest producer of screen glass for smartphones, expects a new round of rapid growth for the industry over 2017-19, spurred by the "trend-setting" new design of the iPhone 8.

Baidu to buy US firm in AI push

[2017-04-14 06:51]

BEIJING - Chinese internet firm Baidu Inc has agreed to acquire US computer vision firm xPerception for an undisclosed amount to support their renewed efforts in artificial intelligence as Chinese tech firms face regulatory headwinds in the United States.

TCS sees China stamp on Digital India

[2017-04-14 06:51]

China's rapid strides in digital technologies have indirectly inspired India to digitise its economy, said Girish Ramachandran, Asia-Pacific president of Tata Consultancy Services, the country's largest IT player.

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