Spreadtrum Communications, Inc (NASDAQ: SPRD) held a conference call to address questions raised in Muddy Waters’ open letter. Jefferies said Spreadtrum's management provided great detail on its history, management & auditor changes, product mix, income taxes, the MobilePeak acquisition and accounting practices.
The top after-market NASDAQ Stock Market gainers are: POZEN, BCD Semiconductor Manufacturing, Hansen Medical, Globus Maritime, and Scientific Games. The top after-market NASDAQ Stock Market losers are: Aeterna Zentaris, China Recycling Energy, Apollo Group, Avanir Pharmaceuticals, and Star Scientific.
Over 15,000 dogs were slaughtered for Chinese festival in Yulin in eastern China, which kicked off during the weekend.
Three Chinese banks are now in the world's top 10, underlining the dramatic growth of the country's financial industry in recent years, according to a new study released on Thursday.
Goldman Sachs Group Inc plans to lay off 230 employees in New York because of economic conditions, according to a state filing on Wednesday.
On July 1st, China will celebrate the 90th anniversary of the founding of the Communist Party in China (CPC).
The continuation of eating dog and cat meat clashes with China's growing love for house pets.
North Korea will close down its universities for the next ten months and pressure students to work in farms, factories and in construction, according to reports.
China is criticizing the US' Senate's interference in the mounting geopolitical struggle for the South China Sea.
Gina Rinehart, the richest person in Australia could soon beat Carlos Slim, Bill Gates and Mark Zuckerberg, if the Citigroup’s predictions are correct.
A Zimbabwean delegation met with a senior Chinese Communist Party (CPC) leader today to further their cooperation.
Online social game company Zynga plans to raise $1.5 billion to $2 billion in an initial public offering and could file paperwork with U.S. regulators as soon as Wednesday, a source familiar with the situation said on Tuesday.
The first draft of a law against animal abuse, aiming to protect animals from being hurt or killed in a cruel manner, was completed by a group of experts and was due to be raised for legislation in April, local media reported earlier this year.
Baidu Inc, China's top search engine, wants to be one of the first companies to list on Shanghai's international board when it is launched, a business daily quoted the firm's chief financial officer as saying.
Stock index futures rose on Wednesday, putting Wall Street on track for a third day of gains as optimism grew that Greece's parliament would pass an austerity plan critical to avoiding a debt default.
Hewlett-Packard Co, the world's No.1 PC maker, is investing heavily in China and plans to develop cloud-computing products here to sell globally, Chief Executive Leo Apotheker said.
China's People's Liberation Army has developed its first online military game, called The Glorious Mission, to train soldiers in combat skills and technological awareness, the China Daily reported.
Stock index futures pointed to gains for Wall Street for the third session in a row on Wednesday, ahead of a Greek parliamentary vote on austerity measures which is expected to be passed in order to avert a default for the highly indebted country.
The accounting troubles and short-selling attacks hitting China-based companies are creating fertile ground for the rumor mill to flourish, with some shares hammered by chatter rather than actual evidence.
The game has taken 32 months to develop and has been called as “a breakthrough in military games and a pioneering work of the cyber-game industry.
India supported France's Christine Lagarde as the International Monetary Fund's next leader because it wanted to be part of the consensus that was forming around her, Indian Finance Minster Pranab Mukherjee said on Tuesday.
Campbell Soup Co will shed nearly 800 jobs as part of a series of cost cuts, which include exiting the Russian market, automating operations at a factory in Australia and closing one in the United States.