Foreigners offloading in US Treasuries reached its peak in October. China has been selling US debt after devaluing the Yuan. China also offloads through its Belgium third party account. Many other countries are also selling US Treasuries ahead of US Federal Reserve meeting.

Dec 16, 2015 10:11 PM EST

Ekster, the calf leather built smart wallet, introduced by Kickstarter, Phorce appointed marketing agent, is witnessing a huge customer demand due to its unique features which include securing preserved cards through wi-fi, GPS tracking of lost device, super power storage capability as well as recharging to other devices.

Dec 16, 2015 06:25 AM EST

Tracking overnight gains on the US markets, Asian stocks rose on Wednesday. The market is looking to the decision of US Federal Reserve on interest rate. The recovery in oil prices and short covering were the major reasons for the rebound on Asian markets.

Dec 16, 2015 04:00 AM EST

Hong Kong stocks recovered from nine-session losses, the worst phase since July 1984. The market is eagerly waiting for the outcome of the US Fed meeting. The Chinese government has postponed the reduction proposal in retail petrol prices. The fresh rally in energy stocks boosted Hong Kong and China indices.

Dec 16, 2015 03:56 AM EST

Dell could approve a $3 billion fund to purchase back VMware tracking stock on Monday.

Dec 22, 2015 03:34 AM EST

Israel’s Futarom, leading flavor and fine ingredients maker has announced that it is to acquire Austrian savory flavor maker Wiberg for $130 million. Futarom has aimed its sales target to $2 billion by 2020.

Dec 17, 2015 04:21 AM EST

Forbes CMO Practice reported how marketing content is rapidly evolving, how it affects the bottomline, and how it defines the role of a company’s chief marketing officer.

Dec 15, 2015 08:07 PM EST

After being added to IMF's basket of currencies, Chinese Yuan fell for eight out of 10 sessions, recording its longest run of losses since June. The Chinese currency against the US dollar dropped to four-year low. However, it rose against 11 of 16 major currencies. Chinese central bank in a statement said that Yuan shouldn't be measured by its fluctuations only against the US dollar, but also against other major currencies.

Dec 16, 2015 03:01 AM EST

Indian equities slipped into pressure as foreign investors pulled off heavily ahead of US Fed meeting. However, the benchmark indices recovered from six-year lows to end the trading on a positive note on Tuesday. The US Fed rate hike is discounted by India amid lower oil prices. Indian imports oil for its 80 percent of energy requirements. Fund managers are bullish on Indian markets for 2016. The surge in consumer prices is positing a tough task for RBI Governor Raghuram Rajan.

Dec 16, 2015 03:37 AM EST

PepsiCo will launch Gatorade sports drink in 2016 as the global soft drink major is looking beyong carbonated drinks. The company sees growth potential in organic drinks market. PepsiCo CEO Indra Nooyi recently said focusing on carbonated soft drinks was a thing of the past.

Dec 15, 2015 10:33 PM EST

An eatery in Jiangsu Province, China, has charged customers an air cleaning fee on their food bills. The local government said that the fee is illegal and ordered the restaurant owners to fix their pricing system.

Dec 15, 2015 10:37 PM EST

For the first time in since adopting the four-tier emergency response program for air pollution, last week Beijing issued red alert for smog as the air pollution in China get worse.

Dec 17, 2015 09:51 PM EST