US President Barack Obama is on his last leg of his Asian tour in countries including Japan, South Korea, Malaysia and on his last stop to the Philippines where the issue involving Beijing has become in the center point of the agenda.
Tags: China
Nintendo to introduce console for emerging markets as early as 2015/16
Nintendo Co Ltd plans to introduce a new kind of games console and software for emerging markets as early as next year, to capitalize on higher entertainment budgets amidst a growing middle class, its chief executive told Reuters on Thursday.
Alibaba's deal-making ripples across Silicon Valley
Alibaba Group Holding Ltd may be making its debut on Wall Street later this summer, but it's certainly no stranger to the investors of Silicon Valley.
US-based fitness app MyFitnessPal to launch localized apps for Asian expansion
San Francisco, California-based nutrition and fitness startup MyFitnessPal is set to launch localized apps with additional languages to build its audience in Asia, particularly in China, Japan, and South Korea.
Mining tycoon Andrew Forrest acquires Australian beef processor Harvey Beef
Mining tycoon Andrew Forrest acquired Perth, Western Australia-based beef processor and exporter Harvey Beef for an undisclosed amount through his company Minderoo, and announced expansion plans for the newly-acquired firm.
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BTC China has halted deposits of local currency from the China Merchants Bank, causing the value of Bitcoin to fall from $500 to below $440, a 10% difference from its value in the past few days.
Shanghai, China-based university applicant mentoring startup ChaseFuture bagged $400,000 in its seed funding round led by Banyan Partners and Harbor Pacific Capital to assist international students in university admission tests.
The Chinese government arrested some people and fined Internet giant Sina.com for publishing and distributing pornographic content on its website as part of China's "Cleaning the Web" campaign which is held every year.
American venture capital firm Domain Elite invested $6.5 million in Israeli endoscopy and colonoscopy products maker SMART Medical Systems to bring the latter's products to meet the demand for the said products in Greater China.
Beijing, China-based travel and expense management services provider Baoku pocketed $10 million in its Series A funding round led by China Broadband Capital (CBC) and Asiainfo-Linkage to help people reduce their travel costs by 20% to 50%.
The territorial dispute between China and Japan has caused the latter to pull out its investments from the country and redirecting its focus to other South East Asian countries where it has already funded companies with USD22.8 billion last year.
Santa Clara, US-based semiconductor chip maker Intel Corp shelled out $100 million to establish an innovation center in China to accelerate the innovation of smart equipment in the Asian country.
Mountain View, US-based business-oriented social networking service LinkedIn already reached the 300-million mark in registered users worldwide, with half of that number coming from countries outside of its home country.
Chinese microblogging site Weibo has cut its offered IPO size after a shaky start taking in only USD286 million from 16.8 million depository shares sold which was far from the expectations on Wall Street.
