Before 2015 ends, the U.S. Federal Reserve has started increasing interest rates. As this move poses threat to emerging currencies, China is eyeing to sustain yuan stability.
After experiencing a slump in 2014, China’s real estate market has recovered by rising up to 4.15 percent in sales prices last year, according to the China Index Academy, a private research institution.
Chinese firm Shenzhen OCT Vision Inc. has teamed up with U.S.-based CAVU Designwerks to sell jointly developed theme park products across the world, China Daily reported.
Several industry analysts have agreed that more efforts are needed to make the Chinese robotics industry competitive despite its rapid development in recent years, the Global Times reported.
As China becomes one of the world's largest online shopping market to date, demands on online shopping and against the online market hit the shopping industry.
A possible modus has been discovered regarding the major security upgrade done by banks in the U.S. just recently.
Disney has pulled its "Frozen" themed non-alcoholic drink in a champagne bottle designed for children. The action was taken after alcohol awareness campaigners pointed out that giving children fake champagne bottles could encourage them to drink real alcoholic drinks.
Whole Foods is shelling out $500,000 into settle its overcharging case with the city of New York. City officials found that the market chain company charged their customers more than the actual prices of prepacked food items.
Christmas is over but the holiday spirit is still around as hundreds of shoppers flock to stores for great deals. Most people are still on last-minute gift shopping mode since there is still New Year to celebrate.
A dinner at the Olive Garden on New Year's Eve will cost $400 per person at Times Square. The deal will include a buffet meal, open bar, and DJ, but no unlimited salad and breadsticks. Guests can also get a limited view of the ball dropping on Times Square at midnight.
Apple Inc. has won over a suit that claimed the company's iMessage system was illegally intercepting and failing to deliver text messages to Android phones.
In line with FedEx announcement that there could be delay for some deliveries scheduled for holiday season, its drivers are working extra shifts to help manage the surge in online shopping and the severe weather.
The Asian Infrastructure Investment Bank was formally set up on Friday. The bank is expected to hold first convention on Jan. 16 to 18, 2016.
The government has recently reiterated its support for the country's traditional Chinese medicine (TCM) industry. Players from the sector are also eyeing to further expand their presence abroad.
A senior official with the country's securities watchdog has announced on Friday, Dec. 25, the launching of a "strategic emerging industry board" next year which will serve domestic high-growth and innovative enterprises, the Xinhua News Agency reported.
