Apple Inc (AAPL.O) quarterly results smashed Wall Street expectations with record sales of iPhone 6 and 6 Plus smartphones in the holiday shopping season and strong sales in China, although the United States remained the top iPhone market.
Tags: China
GM and China’s SAIC to push into Indonesia with no-frills vans
General Motors (GM.N) and Chinese partner SAIC Motor Corp (600104.SS) will soon announce a joint push into Indonesia, using their no-frills Wuling brand to establish a beachhead in Southeast Asia’s biggest market and from there tackle other markets in the region.
Audi could hit two million car sales goal ahead of 2020
German luxury carmaker Audi could reach its goal of 2 million sales a year before its 2020 target, helped by revamped models and new sport-utility vehicles, its chief executive told Reuters.
Panasonic withdraws from TV production in China: source
Panasonic Corp (6752.T) has stopped making TVs in China and plans to liquidate its joint venture in Shandong, a company source said on Saturday, the latest in a string of Japanese electronics companies exiting overseas TV markets amid strong pricing pressure.
China January official PMI seen lifting off 1-1/2-year low
China's factory growth likely inched up from a 1-1/2-year low in January, helped by a slight pick-up in momentum the previous month, but the bounce is not expected to last due to unsteady exports and slowing investment, a Reuters poll showed.
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China's Premier Li Keqiang pledged to create at least 10 million new jobs in 2015, the state run China Daily newspaper said on Tuesday, despite economic growth that slowed to its weakest pace in nearly a quarter of a century last year.
Cruise operator Carnival Corp is in talks with state-owned China Merchants Group Ltd (CMG) to develop a new cruise line for the fast-growing China market, the U.S. firm said in a statement on Tuesday.
U.S. President Barack Obama ended a landmark day in India on Monday with a pledge of $4 billion in investments and loans, seeking to release what he called the "untapped potential" of a business and strategic partnership between the world's largest democracies.
Packaging companies Rock-Tenn Co (RKT.N) and MeadWestvaco Corp (MWV.N) agreed to form a combined $16 billion company to take on market leader International Paper Co (IP.N) in the United States and abroad.
Internet services that allow people to freely access blocked websites and apps from within China have seen more severe disruptions this week, said three providers, moves that Chinese state media said were justified.
Sri Lanka's new government said on Thursday it might renegotiate a $1.5 billion "port city" deal with China Communications Construction Co Ltd (601800.SS), softening its pre-election threat to scrap the project.
China's manufacturing growth stalled for the second straight month in January and companies had to cut prices at a faster clip to win new business, adding to worries about growing deflationary pressures in the economy, a private survey showed.
New world trade talks had to level the playing field between developed and developing economies on farm support and avoid being held hostage by countries unwilling to open markets, U.S. Trade Representative Michael Froman said in an opinion piece to be published on Thursday.
When Sri Lanka unexpectedly turfed out President Mahinda Rajapaksa in an election this month, it was the biggest setback in decades for China's expansion into South Asia - and a remarkable diplomatic victory for India.
