Japan's Cabinet has approved a record-high military budget for fiscal 2016. The 5 trillion yen, or 42 billion U.S. dollar plan marks the fourth consecutive year that Japan has increased its defense budget. This is the first defense ...
Shen Hao, former president of 21st Century Media Co. Ltd., was sentenced to four years in prison on Thursday for blackmailing companies by threatening negative coverage. Shen was convicted of extortion and forced transactions, among other ...
China's economy has entered a "new normal" and those fretting over disappointing data in traditional sectors, will have to adapt. The structure of China's economy has changed and traditional measurements, including GDP growth and ...
Tags: economy, new Normal
Northwest China's Xinjiang Uygur Autonomous Region has produced more than 30 billion cubic meters of natural gas this year, ranking second in the country following Shaanxi Province. According to the latest statistics from the region's ...
Tags: Natural Gas
The Ukrainian Parliament on Thursday passed a bill amending the country's tax code system, thus fulfilling one of the key requirements set by the International Monetary Fund (IMF) to continue allocation of financial aid to the eastern ...
Tags: Tax Reform
China aims to lift over 10 million rural people out of poverty in 2016, so as to make a good start for the next five years, according to a poverty relief meeting on Thursday. The next year's work will integrate the central and local ...
Tags: Rural People, out of Poverty
Corrugated packaging company Pratt Industries has recently commissioned a new $260m containerboard production line at its greenfield paper mill in Valparaiso, in the US state of Indiana. The OptiConcept M board making line was supplied by ...
Tags: Pratt Industries, containerboard, Packaging
The U.S. Commerce Department on Tuesday revised down its estimate for the real gross domestic product(GDP) in the third quarter to a growth of 2 percent, slightly lower than its last projection of 2.1 percent. The growth was on par with ...
Tags: U.S.Economic, Down
The Chinese government is taking absolutely adequate measures to handle slowing economic growth and an increase of certain imbalances, a leading Russian expert has said, commenting on China's key economic meeting held last weekend. "What ...
China Vanke has issued a statement on Wednesday night, welcoming Anbang Insurance to become one of its big share-holders. Earlier this week, Anbang raised its stake in Vanke to 7 percent by acquiring shares worth over 2.8 billion yuan. ...
Tokyo-based Mitsubishi Electric Corp is expanding its lineup of gallium nitride high-electron-mobility transistors (GaN HEMTs) for use in base transceiver stations (BTS) operating in the 3.5GHz band of fourth generation (4G) mobile ...
Tags: Mitsubishi Electric, GaN HEMT, Electronics
Tokyo-based Showa Denko K.K. (SDK) has expanded high-purity ammonia production capacity at a plant in Taiwan (owned by its manufacturing subsidiary) from 2500 tons per year to 3500 tons per year. SDK has three sites for producing ...
Tags: SDK High-purity ammonia GaN LEDs, Showa Denko, Electronics
Against the backdrop of the gloomy global economy, almost all countries have taken innovation as a key to success. So does China. On top-level design, China's 13th Five-Year Plan for 2016-2020 clearly lists innovation as the number one ...
Tags: Innovation, China, Innovation Trend
China's real estate sector showed signs of warming in November as new home prices rose on a monthly basis in an increasing number of cities, buoyed by government policies. Of 70 large and medium-sized cities surveyed in November, new home ...
he Bank of Japan (BOJ) announced on Friday it would expand the size of its asset purchasing program while maintaining the same size of the monetary base, in a bid to drive wages higher and boost business spending, two mainstays of the ...
Tags: Bank of Japan Unveils, Increase Wages, Business Spending