Baidu invests in Chinese smart lock start-up
Beijing – Baidu, China’s dominant internet search engine operator, said on Tuesday that it led a 600 million yuan (US$87 million) financing round in Chinese smart lock start-up YunDing Network Technology, pushing further into the growing market for smart home … Continue reading Baidu invests in Chinese smart lock start-up
Indonesia tsunami kills hundreds
Jakarta – More than 220 people have been killed and 843 injured after a tsunami hit coastal towns on Indonesia’s Sunda Strait, government officials say. There was no warning of the giant waves which struck at night, destroying hundreds of … Continue reading Indonesia tsunami kills hundreds
China : More trade talks with U.S. planned
Beijing – China and the United States will hold more talks on trade in January, China said on Thursday, following detailed discussions about the issues to be tacked in the negotiations. Commerce Ministry spokesman Gao Feng expressed confidence in a … Continue reading China : More trade talks with U.S. planned
Asean bank for women proposed
Hanoi – Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail has proposed that an Asean bank for women be set up in order to help empower women entrepreneurs. She said the matter was one of several items brought … Continue reading Asean bank for women proposed
China steel raw materials drop on demand woes
Beijing – Chinese coking coal and coke futures dropped on Wednesday, but closed off the day’s lows, as steel producers continued to seek lower prices for the steelmaking raw materials due to shrinking profit margins. Coke ended down 1.2 percent … Continue reading China steel raw materials drop on demand woes
Airbnb : Top Travel Trends for 2019
Bangkok – Travel can be many things to people: inspiring, magical, educational, and the list goes on. Beyond that, there will always be that latest trend right around the corner as travelers continuously seek out new ways for an authentic … Continue reading Airbnb : Top Travel Trends for 2019
Retail sales in China still grew 8.1 percent
The S&P 500 has already given up all its gains from earlier in the year, and there’s precious little positive news to make businesses think that the market will bounce back any time soon. Underwhelming retail sales and industrial production … Continue reading Retail sales in China still grew 8.1 percent
Laura Ashley to Close UK Stores, Focus on China
London – London – UK brand Laura Ashley appears to be leaving the UK. The fashion and home goods retailer, which is owned by Malaysian United Industries (MUI), will close some 40 UK stores amid its push into China, BBC reported … Continue reading Laura Ashley to Close UK Stores, Focus on China
Mercedes-Benz cuts China prices
Beijing – German luxury carmaker Mercedes-Benz on Monday said it would offer discounts on cars imported into China from the United States until March 31 after Beijing suspended additional tariffs on U.S.-made cars. Prices of four models were cut by … Continue reading Mercedes-Benz cuts China prices
Vacation rental business in Japan
Tokyo – The Preparation Committee of Vacation Rental Association agreed to establish an industry organization promoting the private lodging business in early 2019. At the preparation meeting for establishment that was made on December 11, 2018, the committee agreed on … Continue reading Vacation rental business in Japan