From dresses, to handbags, diamonds and music downloads, consumers in Asia are taking to Internet shopping like never before as the region becomes one of the world's fastest growing e-commerce markets.
I like to shop for clothes online because no sales girls will pester me, said Cecelia Wang, a 23-year-old university student in Taipei, who spends about T$1,500 ($44) each ...
The China Development Bank and Brazil's state-run oil company Petrobras are finalizing a deal for the bank to extend a $10 billion line of credit in exchange for future oil supplies, a Brazilian newspaper said on Wednesday.
SHANGHAI - McDonald's Corp , the world's largest fast-food chain, is optimistic about business prospects in China and plans to open about 500 stores in the country in three years, a senior executive said on Wednesday.
McDonald's China operations have not been affected by the fallout from the global financial crisis which has hit consumer spending as it has taken steps to retain c...
STUTTGART/WASHINGTON - Daimler swung to a hefty loss, hit by exposure to Chrysler, and Opel and Saab braced for news of General Motors' survival plan, as European carmakers saw their fates tied closely to their U.S. peers.
As GM and Chrysler put the finishing touches to blueprints showing how they will pay back billions of dollars of government loans, Chrysler's German ex-owner Daimler said it...
China defended its ties with Cambodia's Khmer Rouge regime saying it was part of normal diplomatic relations, as a trial began on Tuesday in Phnom Penh of the group's chief torturer.
LONDON - Wal-Mart Stores Inc (WMT.N) posted a 14.3 percent drop in fourth-quarter operating income at its international businesses, hit by the stronger dollar, but said underlying growth was solid, led by the UK, China and Brazil.
Daimler swung to a hefty loss, hit by exposure to Chrysler, and Opel and Saab braced for news of General Motors' survival plan, as European carmakers saw their fates tied closely to their U.S. peers.
Telecom industry leaders including Nokia, China Mobile and Microsoft raced to announce online software stores on Monday in a drive to find new sources of revenue and please consumers.
China state radio said on Tuesday the government would offer cash rebates of up to 600,000 yuan ($87,719) to buyers of alternative energy passenger cars and buses in 13 major cities, including Beijing and Shanghai.
ROME - U.S. House Speaker Nancy Pelosi defended the United States against accusations of protectionism during a trip to Italy on Monday, following concerns about a Buy American provision in the U.S. stimulus plan.
Somewhere in the mix of things, someone has decided that America has become, is becoming, more protectionist. I don't think that is the case, Pelosi told reporters at the Ital...
GENEVA - Mobile telephones are seen as a basic necessity around the world and should enjoy persistent strong demand throughout an economic downturn, a United Nations agency said in a report published on Monday.
With or without a recession, millions of people in India, China, Nigeria, and other emerging markets will seek out mobile phones, according to the International Telecommunication ...
GENEVA - Mobile telephones are seen as a basic necessity around the world and should enjoy persistent strong demand throughout an economic downturn, a United Nations agency said in a report published on Monday.
With or without a recession, millions of people in India, China, Nigeria, and other emerging markets will seek out mobile phones, according to the International Telecommunication ...
BEIJING - Chinese official media on Monday welcomed the relatively mild line on the yuan currency from a G7 meeting as vindication for its policies, while continuing to pillory Buy American provisions in U.S. rescue plans.
Chinese government officials have so far avoided public comment on the Group of Seven industrialized nations meeting on the weekend that praised China's fiscal measures...
aimed to sell 40-45 million phones in 2009, compared with 33 million last year.
Chen also said the company would introduce commercially a phone model using next generation Long Term Evolution technology late this year or early next.
In 1997/98, Asia fell into the economic abyss because of a dependence on inflows of foreign capital, which suddenly turned tail.
New images claiming to depict the back cover of an upcoming iPhone have started making the rounds on the internet on Friday.
On Wednesday world markets fell following a steep sell-off on Wall Street as investors doubted the viability of the U.S. governments' latest rescue plan for the struggling financial industry with as much as $2 trillion in funding.
The world's fourth-largest PC manufacturer, Lenovo Group announced Thursday due to global economic turmoil a quarterly loss of $96.7 million has been reported while CEO resigns.
The world's fourth-largest PC manufacturer, Lenovo Group announced Thursday due to global economic turmoil a quarterly loss of $96.7 million has been reported while CEO resigns.
U.S.-China expert says economic crisis and climate change will shape President Obama's relations with China.
About 20 million of China's migrant workers have lost their jobs, increasing the threat of social instability, a senior official said on Sunday.
