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Uber plans to sell around $10 billion worth of stock in IPO - sources

Uber Technologies Inc has decided it will seek to sell around 10 billion U.S. dollars of stock in its initial public offering

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Beijing to further open its service sector

Beijing will further open its service industry to the world, Vice Mayor Yin Yong said at the State Council's press release on

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APD | "We are a hardware provider", says Huawei Philippines Executive

By APD writer Melo M. Acuña MANILA, April 10 (APD) – Huawei Philippines Vice President and COO Daniel Guo Zhi downplayed conc

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APD | China ranked at the top of importers of Cambodia’s Rice

By APD writer Kin Ratha PHNOM PENH, April 10 (APD) - China was the biggest destination of Cambodia’s milled rice this year re

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U.S. dollar still main oil trading currency: officials

The U.S. dollar remains the main oil trading currency for OPEC members, energy governors of Saudi Arabia and the United Arab

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APD | Philippine domestic demand, election-related spending to boost manufacturing in Q2 2018

By APD writer Melo M. Acuña **MANILA, April 5 (APD) ** – Government socioeconomic planners are optimistic an increase in dome

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China cuts NEV subsidies by half

Your next car may cost you more than you think. China has released a new plan to cut national subsidies on new energy vehicle

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Officials, industry leaders and operators discuss 5G at Boao

A panel discussion titled 5G: Bring Things to Life with the IoT was held during this year's Boao Forum for Asia to a full hou

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Scientists find genetic mutation that makes woman feel no pain

Doctors have identified a new mutation in a woman who is barely able to feel pain or stress after a surgeon who was baffled b

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Apple Watch heart monitor app cleared for use

Users of the new series of Apple Watch will be able to take their own electrocardiogram to test if their heart is working nor

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China dairy firm Yili revenues up 16 pct in 2018

China's dairy giant Inner Mongolia Yili Industrial Group Co., Ltd. has registered revenues of 79.6 billion yuan (11.9 billion

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Japan's industrial output drops 3.7 pct on month in January

Japan's factory output dropped in January from a month earlier, the government said in a report on Thursday. According to the

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Tesla's Elon Musk faces US contempt claim for violating deal with federal regulator

The US Securities and Exchange Commission (SEC) on Monday asked a judge to hold Elon Musk, the CEO of electric vehicle maker

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APD | Partnership between Allianz and Phillippine national bank proven successful

By APD writer Melo M. Acuna MANILA, Feb. 25 (APD) – International insurer Allianz marked its third year of partnership with t

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Walmart fourth quarter revenue grows 1.9 pct

Total revenue of Walmart Inc. for its fourth quarter ending Jan. 31 hit 138.8 billion U.S. dollars, up 1.9 percent year on ye

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Weakest U.S. retail sales since 2009 cast pall over economy

U.S. retail sales recorded their biggest drop in more than nine years in December as receipts fell across the board, suggesti

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The business of romance igniting Valentine's Day

In this year's Valentine's Day, couples in China prefer custom-made and creative gifts than traditional ones, while binding o