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Volvo is coming to America to build cars — and spend $500 million

PARIS (Reuters) - Volvo Cars will invest $500 million in its first U.S. assembly plant under plans announced on Monday, plugging a longstanding gap in the Swedish carmaker's manufacturing base as it...

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4 charts that show China's stock market right now is total insanity

It's time to take another look at the recent developments in China's equity markets as major indices hover near the highs we haven't seen since 2008.With property markets in trouble, China's...

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The Chinese government has admitted that things aren't going so well

A high-level Chinese official on Sunday made the government's first admission that the country's economic slowdown was not going as planned.China's top banker, Zhou Xiaochuan, told a meeting of...

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THE SMARTPHONE REPORT BY COUNTRY: Adoption, platform, and vendor trends in...

The global smartphone market at large is still growing at a strong, steady pace. But those numbers are being driven by very different trends on a market-by-market basis. Countries with massive...

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Must-watch video of a guy performing tricks on a human-sized hamster wheel

Ever wonder what it’s like to be a hamster? Zhou Ben Long uses his wheel to perform on the streets and at different kinds of events. This was filmed in Taipei, Taiwan over the span of 2 daysVideo...

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The giant solar plane that's flying around the world has landed in China

Shanghai (AFP) - Solar Impulse 2 landed early Tuesday in China, the world's biggest carbon emitter, as it completed the fifth leg of its landmark circumnavigation of the globe powered solely by the...

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One million new 'green jobs' could be created in China, the US and the EU by...

ROME (Thomson Reuters Foundation) - Nearly one million new "green jobs" are expected to be created in China, the United States and the European Union by 2030 if the regions stick to their current...

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China is desperately seeking more doctors as it looks to attract global drug...

SHANGHAI (Reuters) - China will almost double the number of its general doctors by 2020, trim its public sector and improve technology as it seeks to fix a healthcare system plagued by snarling queues...

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China's Huawei Technologies 2014 profit jumped 33%

HONG KONG (Reuters) - China's Huawei Technologies Ltd, the world's No.2 telecommunications equipment maker, reported a 33 percent rise in profit for 2014, matching company guidance, as the global...

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Beijing wants to limit motorists allowed out on heavily polluted days

BEIJING (Reuters) - Beijing has introduced measures to limit the number of motorists on heavily polluted days, the latest move by authorities in the Chinese capital to battle the choking smog that has...

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Taiwan and Norway have now said they want to join China's new bank

TOKYO/TAIPEI (Reuters) - Japan remains cautious about signing up to the China-led Asian Infrastructure Investment Bank (AIIB), indicating that Tokyo will miss the March 31 deadline for application, but...

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China's new development bank is becoming a massive embarrassment for Obama

China's new development bank, which was announced just five months ago, is becoming a massive headache for the US. Try as it might, the US government can't persuade its allies to stop joining the Asian...

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6% of China's newest stock market investors can't read

China's stock market has exploded by 78% in the last year, and that rapid growth has people debating — is this driven by fundamentals or the sheer force of China's new investors?  We have something of...

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Why the US is still more valuable than China for automakers

When investors look at automakers such as Ford Motor Company and General Motors as investments, one common bullish theme is simply the mouth-watering growth that China represents for new-vehicle sales,...

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Things aren't as bad as they seem for Tesla in China

It's no secret that electric-car maker Tesla Motors has struggled to gain traction in China. CEO Elon Musk said in a interview earlier this year that fourth-quarter sales in China were "a lot weaker...

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The Chinese government won't stop hacking US companies

For the past week, code-sharing website GitHub has endured a blistering DDoS (Dedicated Denial of Service) hack attack aiming to knock the website offline.The attack on the US-based site now seems to...

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China is not going to let North Korea into its new Asian development bank

China is leading an initiative to start a new development bank, Asian Infrastructure Investment Bank. North Korea very much would like to join that development bank.China's response? No way.According...

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Top US admiral: China is building a 'great wall of sand' in the South China Sea

China's rapid pace of artificial island construction throughout the South China Sea is like the building of a "great wall of sand," the US's Pacific Fleet Commander said at a naval security conference...

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Chinese manufacturing activity unexpectedly expands in March

BEIJING (Reuters) - Activity in China's factory sector unexpectedly picked up in March but remained weak, an official survey showed, reinforcing signs of persistent sluggishness in the economy which...

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China PMI: Factories returned to expansion in March

Factories in China expanded their activity in March, beating expectations by market economists for a fall, according to official numbers.The PMI (Purchasing Managers’ Index), released by the National...

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