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BASF Dispersions & Pigments HQ to be established in Hong Kong

BASF plans to establish the global headquarters of its Dispersions & Pigments division in Hong Kong. As of January 1, 2012, the division head and about 50 global positions, currently located in Ludwigshafen and Basel, will transition to Hong Kong. Transfer of positions will be ...

China's electronics and IT industry develops fast

China's electronics and information technology (IT) industry has developed fast since the country's accession to the World Trade Organization in 2001, the Ministry of Industry and Information Technology (MIIT) said Tuesday. The industry's revenues rose to 7.8 trillion yuan (1.23 ...

BMW to recall 3,198 vehicles

German luxury carmaker BMW AG will recall 3,198 vehicles of BMW and Rolls-Royce due to defects with their electronic pumps, according to a statement released by the General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) on Monday. Starting from November ...

Living in the virtual clouds

From its humble origins in e-mail and search engines, cloud-computing applications have now spread to a wide range of industries, including the entertainment and corporate mobility sectors. A beauty show, for example, may well have cloud computing behind it. Television Broadcasts ...

China's R&D investment ranked 2nd

China has overtaken Japan to become the world's second biggest spender on industrial research and development (R&D), a report by the UN World Intellectual Property Organisation (WIPO) said on Monday. Low- and middle-income economies have increased their share of global R&D ...

Secret Google lab for future technology unveiled

Google is running a secret research lab in the San Francisco Bay Area, where the tech giant invests to experiment and invent what may be world-changing technologies for the future, U.S. media reported on Monday. According to The New York Times, at the lab dubbed Google X, ...

Toyota to recall 426 Lexus RX300 in China

Japanese automaker Toyota will recall 426 Lexus RX300 cars sold to China due to glitches in crankshaft pulleys, China's quality watchdog said Wednesday. The recall, effective Dec. 1, targets the Lexus RX300 produced between June 1, 2004 to March 31, 2005, the General Administrati...

China Oct. auto sales down 7.37 pct

China's automobile sales dropped 7.37 percent month-on-month to 1.52 million units in October, the China Association of Automobile Manufacturers (CAAM) said Wednesday. Automobile production stood at 1.57 million units last month, down 1.99 percent from September, the CAAM said.

FAW Volkswagen production up 16%

Automobile production for Volkswagen AG's Chinese joint venture, FAW Volkswagen Automobile Co Ltd, rose by 16 percent to reach 831,267 units in the first 10 months of the year, sources with the company said Wednesday. In October, FAW Volkswagen churned out 91,777 automobiles, of ...

Sina aims to invest in Weibo after loss

Sina Corp, operator of one of China's largest portal website and popular social platform Weibo.com, said yesterday it will continue to invest to develop the Twitter-like microblog service even after it posted the largest quarterly loss. The company's advertising revenue climbed ...

Samsung becomes No.1 handset seller in 3 regions

Samsung Electronics, the world's second-largest mobile phone maker, became the No.1 handset seller in three out of six regions across the globe in the third quarter, a market research agency said Wednesday. According to Strategy Analytics, Samsung beat Nokia in three regions, ...

China's Huawei to increase engagement in Austria

Chinese telecom company Huawei is to increase its engagement in Austria by introducing its mobile phones and tablet PCs for the first time to the European country in the next three months, chief of Huawei-Austria Daniel Zhou said Wednesday in Vienna. Huawei, China's largest ...

World Oil Use to Set New Record in 2012: EIA

World crude oil and liquid fuels consumption will grow from its record-high level of 87.1 million barrels per day (BPD) in 2010 to 88.2 million BPD in 2011, and will reach 89.6 million BPD in 2012, the U.S. Energy Information Administration (EIA) said on Tuesday. In its monthly ...

DHL builds logistics facility for UK retailer Primark

DHL Supply Chain, the leading contract logistics specialist, is building a logistics center in M nchengladbach for its customer Primark, bringing 250 new jobs to the region. The new facility with a ground area of 40,000 m2 will be located in the "Regiopark" near motorways A61 and ...

Toyota's first-half profit tumbles 71.8 pct

Toyota Motor Corp. on Tuesday said its net profit for the April-September first half of the year slumped 71.8 percent from a year earlier to 81.58 billion yen (1. 04 billion U.S. dollars), due to the effect of the March 11 earthquake and a persistently strong yen that has dented ...

Oil Gains for Fifth Day on Higher Demand Outlook

U.S. crude prices gained for the fifth straight session on Tuesday as major oil producers raised their forecasts for world oil demand. In its World Oil Outlook report released on Tuesday, the Organization of Petroleum Exporting Countries (OPEC), raised its forecast of world oil ...

U.S. Stocks Rebound after Italian PM Promises to Resign

Wall Street rebounded on Tuesday as investors cheered for Italian Prime Minister Silvio Berlusconi' s promise to resign. Berlusconi announced that he would resign after Parliament passes economic reform measures. The vote on the plan was scheduled for next week. Investors thought ...

China sees rapid popularization of smartphones

China's smartphone adoption rate ranks among the world's top five due to a rapid expansion of smartphone use in cities, said a survey released in Beijing on Tuesday. About 35 percent of urban Chinese consumers have smartphones, the third-highest level in the world. China ranks ...

US magazine recommends Apple's iPhone 4S

Consumer Reports, a leading U.S. magazine on product reviews and ratings, recommended on Tuesday Apple's latest iPhone 4S. "The Apple iPhone 4S is among the recommended models in our newly updated Ratings of smart phones. Apple's newest smart phone performed very well in our ...

Smartphones making rapid headway in cities

About 35 percent of urban Chinese use smartphones, the third-highest level in the world, a survey has found. China's smartphone adoption rate follows Singapore's 62 percent and Australia's 37 percent, according to the survey by Google Inc and research company Ipsos, which was ...
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Bill Gates talks nuclear
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China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
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Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
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world

market

IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
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China's farm product pricing plan shifts to market orientation
China's farm product pricing plan shifts to market orientation
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Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
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Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
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Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
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Boeing Wins Biggest Order of US$26b
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sports

Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Lucrative golf industry lures stiff competition
Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...
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