Chinese smartphone maker Gionee goes bankrupt
Shenzhen – Chinese smartphone manufacturer Gionee’s bankruptcy application has been accepted by the Chinese court in Shenzhen. Once a top smartphone manufacturer, Gionee has reportedly failed to pay its debt from various suppliers. The problem was compounded in November this … Continue reading Chinese smartphone maker Gionee goes bankrupt
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