iPhone SE

Another Blow to Apple as China’s Smartphone Market Shrinks

China was supposed to be the market in which smartphone companies would find huge growth that would offset slowing of growth the U.S. and European markets. It has not turned ...
Read Full Story »
Baidu headquarters

Baidu’s Huge Growth at Google’s Expense

Alphabet Inc. (NASDAQ: GOOGL) has a search business, Google, that has an average market share of 70% across the United States and most of Europe. Yet it barely has been able to get ...
Read Full Story »
Beijing traffic

Sharp Drop in China Car Sales Growth

Between 2010 and 2015, sales of new cars in China grew at a compound annual growth rate of 12.3%. Over the next five years, the growth rate is forecast to ...
Read Full Story »
gold vein

Yintech Investment Announces Expecting Pricing for IPO

Yintech Investment Holdings has registered an F-1 form with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). The offering is valued up to roughly $125 ...
Read Full Story »
falling oil prices

Will Oil Prices Drop to $20?

It was only four months ago that several prominent analysts said oil would drop as low as $20 a barrel. The recent run-up in prices had turned them into fools. However, ...
Read Full Story »
China button

China Economy Up 6.7% in Q1

Although it may have been above some estimates, China's economy grew only 6.7% in the first quarter. It is worth noting that many experts believe China inflates the number, and ...
Read Full Story »

IMF Sees Slowing 2016 and 2017 Global Growth, China Revised Slightly Better

The International Monetary Fund (IMF) has issued an update to its World Economic Outlook. Most of the report centers around even slower global growth in gross domestic product (GDP) for ...
Read Full Story »
gavel and cash money

Las Vegas Sands Settles FCPA Charges With SEC

The U.S. Securities and Exchange Commission (SEC) recently announced that Las Vegas Sands Corp. (NYSE: LVS) has agreed to pay $9 million in penalties to settle charges that it violated ...
Read Full Story »

China’s Smaller Cities Help Boost New Car Sales in 2015

Passenger car sales rose 11% in China last year, the slowest pace in the past three years. A more interesting data point is that more than half (55%) of foreign ...
Read Full Story »

Yintech Prepares for IPO

Yintech Investment Holdings has registered an F-1 form with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). The offering is valued up to $80 million, although ...
Read Full Story »

China’s Economy May No Longer Be Wounded, Adds Risk to Oil’s Rise

The death of China's growth means, by many measures, a drop of gross domestic product (GDP) improvement to under 6%, well below the government's roughly 7% forecast. Purchasing managers index ...
Read Full Story »
French fries

McDonald’s Asia Expansion Plans Push Shares to Multiyear High

News that McDonald’s Corp. (NYSE: MCD) is looking to further grow its empire of golden arches with an expansion into the Far East markets helped push its shares to a ...
Read Full Story »
watching TV

Sales of Curved-Screen TVs to Double in 2016

Worldwide shipments of curved-screen TV monitors totaled 900,000 in 2015 and are expected to double to total shipments of 1.8 million in 2016. The pricey devices have become very popular ...
Read Full Story »
McDonald's in China

McDonald’s to Add 1,500 Locations in Asia Over 5 Years

McDonald's Corp. (NYSE: MCD) will chase companies like Yum! Brands Inc. (NYSE: YUM) and Wal-Mart Stores Inc. (NYSE: WMT) more deeply into Asian markets on the gamble that it can ...
Read Full Story »
hotel bed

Starwood Gets Sweetened Bid From Chinese Buyers

The Chinese consortium led by Anbang Insurance Group has raised its bid for Starwood Hotels and Resorts Worldwide Inc. (NYSE: HOT) to $82.75 per share in a non-binding, all-cash offer ...
Read Full Story »