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Asia Business News
Asia Business and Finance News
Many major companies in the U.S. are closely doing business with Japanese and Chinese companies such that if you want to be updated about U.S. business, you should also be updated about Asian business. Know what developments here and in the world that push stocks in Asian stock exchanges to rise or fall.
Also learn how Asian companies relate with businesses in other continents and what relationships do other foreign firms are attempting to make with Asian companies.
- China Controls Rare Element Supply Used for High-Tech Gadgets (11/16/2009 8:00:31 AM)
A research analyst on rare earths said reveals that China has control over 95 percent of the world’s rare earth supply, which were used to make high-tech gadgets and eco-friendly products.
- Sony Faces Antitrust Probe by US Government over Optical Drives (10/26/2009 7:56:37 AM)
Japan’s largest electronic manufacturer Sony Corp is now facing antitrust scrutiny by government over its optical disc drive operations in the United States.
- Toyota Retains Top-Selling Car Title for 4th Straight Month (9/4/2009 8:56:07 AM)
Toyota Prius ranked number one selling car in Japan in August following the release of the data by the Japan Automobile Dealers Association, showing that the company were able to sell some 21,669 units overtaking top rival Honda's Fit Compact sedan.
- GM Wants to Cut Russian From Opel Control (8/30/2009 8:37:38 AM)
US carmaker GM said that it wants NO Russian takeover for its German subsidiary Opel despite announcements from the Berlin officials that the deal is moving forward.
- Toyota Conducts Recall in China, Biggest Ever (8/24/2009 8:14:42 AM)
More than 688, 000 sedans were about to be pulled out of China as complaints flood the company headquarters due to defects on the cars' electric window systems.
- China, Taiwan Sign Merger for Mobile Product Development (8/24/2009 7:24:20 AM)
Taiwan-based HTC joined forces with China Mobile for the development of new products.
- US, China Relations at a Pivotal Point (7/27/2009 11:58:38 AM)
The US government's huge budget deficit has been exposed as China continues to express strong concern over bloating economy of the Americans.
- Asia Executive of Citigroup Leaves (6/20/2009 10:07:04 PM)
Citigroup Inc.’s senior executive in Asia, Ajay Banga, resigned in Citigroup to join MasterCard Inc. His position in the new company will put him next in line to succeed Robert Selander, MasterCard’s Chief Executive Officer.
- Wal-Mart to Open Store In India (5/30/2009 6:12:39 PM)
Wal-Mart signed a long-term agreement with Indian business giant Bharti Enterprises to pave way for the new business venture called Best Price Modern Wholesale in the country.
- China Disturbed by Fed's Treasury Purchase (5/28/2009 1:08:56 PM)
When Richard Fisher, the head of Dallas Federal Reserve made a recent trip to the Far East, China warned him over "printing money". Is this a stark reminder that the "Confucian" culture of Asia does not approve the indifferent money printing policy of the Anglo-Saxons?
- Russian Technology Giant Buys 1.96% Facebook Stakes for $200M (5/27/2009 2:05:02 PM)
- PetroChina Becomes Number One (5/27/2009 10:31:43 AM)
- Russian Company Offers Facebook $200M Investment (5/26/2009 12:37:08 PM)
- US Businesses Concerned Over China (5/22/2009 11:02:28 AM)
- Japanese Automakers Laud Obama's Endorsement to Use Green Cars (5/21/2009 1:09:29 PM)
- Auto Sales in China Surpass US (4/8/2009 12:18:26 PM)
- Coca-Cola Plans to Invest $2 Billion in China (3/8/2009 1:03:02 AM)
- Thousands of Japanese Employees Killed due to Overwork (1/12/2009 1:11:52 AM)
- Chinese Exporters Face Payment Risks (1/7/2009 1:08:16 AM)
- Toyota Plans to Halt Production for 11 Days (1/6/2009 3:35:26 AM)
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