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Tencent unveils cashier-less pop-up store in Shanghai

ChineseInternetgiantTencenthasopeneditsfirstcashier-lesspop-upstoreinShanghaiinamovetotapintothecountry'spromisingunmannedretailindustry,ChinaDailyreportedSatur

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Intel data center sales surge, warns of potential security flaw fallout

IntelonThursdaygaveabullishforecastandblewpastWallStreetexpectationsforthefourthquarteronthestrengthofdatacentersales,thebusinessitseesaskeytoitstransformationf

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Fiat Chrysler reports strong performance in 2017

TheItalian-AmericanautomakerFiatChryslerAutomobiles(FCA)reportedonThursdaystrongfinancialperformancein2017,withitsnetprofitnearlydoubled.FCAsaidhigh-margintruck

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India to inject nearly $14 billion into state banks by March

India’sgovernmentpledgedonWednesdaytoinjectnearly$14billioncombinedintoallbutonestate-runlenderbyMarchinreturnforthemimplementingreforms,inabidtoboostlendingand

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LG’s mobile business is still making big losses

LG’ssmartphonebusinessstillcontinuestolosemoneyatanalarmingrate.TheKoreanfirmcutitslossesinitsQ42017financialperiodtominusRKW213.2billion($192.33million),upfrom

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China's LeTV vows to make good as debt hits US$1.18 bln

LeshiInternetInformationandTechnologyCorporation,orLe.com,saidinitslatestannouncementthatthecompanyhasaccumulatedatotaldebtapproaching7.531billionyuan(US$1.18bi

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Toshiba considering IPO for memory chip unit: FT

ToshibaCorpisconsideringanIPOofitsprizedmemorychipbusinessifanagreed$18billionsaleoftheunittoBainCapitalfailstogainantitrustapprovalbytheendofMarch,theFinancial

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China's Dalian Wanda Group says 2017 revenue down 10.8 percent

ChineseconglomerateDalianWandaGroupsaidonSaturdayitsrevenuedroppedforasecondconsecutiveyear,by10.8percentin2017,asthegroupsoldoffpropertyassetsandfacedincreasin

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Foreign portfolio investment transactions show net outflows

ByAPDwriterMeloM.AcunaMANILA,Jan.20(APD)–Registeredforeignportfolioinvestmentsfor2017amountedtoUS$16.1billionandwas8.9percentlowerthantheUS$17.6billionlevelin20

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Ping An applies AI-based smart service to cut costs

PingAnInsurancehasfullyappliedanartificialintelligence-based“smartcustomerservice”systemtoitsbusiness,whichisexpectedtosaveovertenbillionyuan(US$1.56billion)and

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China finding it tough to pick up bargains in US ‘mega-mall’

Whenitcomestobuyingbinges,Chinahasscouredtheworldforinvestmentopportunities.Butone“mega-mall”withanarrayofhigh-techgoodiesonofferhasbeengraduallyclosedtothecoun

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Apple plans new U.S. campus, to pay $38 billion in foreign cash taxes

AppleInc(AAPL.O)willopenanewcampusaspartofa5-year,$30billionU.S.investmentplanandwillmakeabout$38billioninone-timetaxpaymentsonitsoverseascash,oneofthelargestco

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Chinese solar boom sparks global renewables boon: study

AChineseboominsolarpanelinstallationlastyearhelpeddriveglobalinvestmentinrenewablecleanenergytechnologytorecordlevels,anewstudyshowedTuesday.Afteradipin2016,ove

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China tops mobile game market worldwide

Chinahasbecomethelargestmobilegamemarketintheworld,accordingtothelatest2017GlobalMobileGamesIndustryWhitePaper,Yicai.comreported.In2017,thetotalrevenueoftheChin

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Amazon CEO surpasses Bill Gates to become richest person of all time

AmazonCEOJeffBezosisnowtheworld'srichestman,notjustatpresent,butofalltime.BothBloombergandForbeshaveputBezosontopoftheirbillionairelists.BloombergsaidBezos'netw

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LG’s Q4 profits jump 84%, still misses expectations

LGreportedaprofitof366.6billionwon($343million)inQ42017,upfromalossof35.2billionwon($33million)inQ42016.Analystsexpectedittomakemorethan471billionwon($440millio

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Samsung Electronics posts biggest operating profit in 2017

SamsungElectronics,theworld'slargestmakerofmemorychip,flatscreenandTV,posteditsbiggest-everoperatingprofitin2017,theSouthKoreancompanysaidTuesday.Thepreliminary