Lenovo will obtain a half-empty IBM factory in China after half of employees chose to quit the facility as it moves from IBM to Lenovo, striking workers said.
China had more than 12 million private companies in the country at the end of last year, a 15.5 percent increase from 2012, a business organization said Friday.
Japan's core consumer price index rose 1.3 percent year-on-year in January in another indication of the economy coming out of deflation, data showed Friday.
Australian airline carrier Qantas, hit by losses, announced a three-year, $1.8 billion cost-reduction program that will include cutting 5,000 jobs.
Mt. Gox, a major bitcoin exchange in Japan, is close to bankruptcy after a recently disclosed theft, various bitcoin-connected companies said.
China's labor shortage is becoming acute as seen in Beijing where the labor supply has fallen to less than half of the demand, official media said.
A Japanese report on a problem with a battery in a Boeing Dreamliner 787 says that a system designed to separate battery cells prevented a bigger problem.
The U.S. Consumer Product Safety Commission announced a voluntary recall of about 1,400 U.S. Polo Association girls' jackets due to a strangulation hazard.
Japan's trade deficit in January soared to a record 2.79 trillion yen ($27.3 billion) as import costs surged due to a weaker yen, the government said Thursday.
Foreign direct investments into China rose 16.11 percent year-on-year in January, data showed Tuesday, indicating little impact from the slowing economy.
The head of Mt. Gox, a Tokyo-based bitcoin exchange, said customers are concerned about their funds' security, but didn't explain why withdrawals were frozen.
India's finance minister offered an optimistic outlook for the country's economy Monday, saying the fiscal deficit is declining while the growth rate is rising.
Japan's economy grew 0.3 percent in the last quarter of 2103 from the previous quarter, or 1.0 percent in annualized terms, the government said Monday.
China's inflation rate for January was 2.5 percent year-on-year, the same as in the previous month, despite higher food prices, official data showed Friday.
Bridgestone admits it conspired to fix prices for car parts used in the United States and will pay a $425 million criminal fine, authorities said Thursday.
Japanese automaker Toyota said Wednesday it would recall 1.9 million third generation Prius hybrid cars to fix software problems.
China's trade surplus jumped 14 percent year-on-year in January to $31.86 billion amid signs of slowing economy, data showed Wednesday.
China's purchasing managers' index for manufacturing and service businesses slipped in January from December, Markit Economics reported Friday.
The 2015 Subaru Legacy is offering a lot of new upscale touches to compete in the crowded midsize family sedan segment.
Kia's hipster hamsters have gone green: The South Korean automaker Thursday debuted the 2015 Soul EV, its first all-electric vehicle, at the Chicago Auto Show.
U.S. software giant Microsoft Corp. said Satya Nadella, vice president of its Cloud and Enterprise unit, would replace Steve Ballmer as chief executive officer.
A crash at 40 mph could result in injury or death in several small cars that are popular in India, an independent vehicle testing firm said.
Japan, battling years of deflation, recorded a year-on-year core consumer price increase of 0.4 percent in 2013, the first such since 2008, data showed Friday.
Nearly eight out of 10 smartphones shipped globally in 2013 were running Google's Android operating system, an independent analysis published Thursday said.
Japanese automaker Toyota said it was halting sales of Avalon, Camry, Corolla and other models because of potentially hazardous heated seats.
U.S. Internet giant Google Inc. said China's Lenovo Group Ltd. agreed to buy its Motorola Mobility smartphone unit in a $2.91 billion deal.
U.S. Internet giant Google is selling its handset device unit to Chinese computer maker Lenovo for about $3 billion, an informed source told the New York Times.
Japanese camera and office equipment giant Canon Inc. said it planned to increase domestic production to take advantage of a weaker yen.
A hockey equipment distributor is recalling 3,700 Rebok elbow pads sold in the United States and Canada that can crack prematurely, regulators said Tuesday.
India's central bank Tuesday raised its repo rate, the key lending rate, by 0.25 percent to 8 percent, the third such hike in the past five months.
Japan's December trade deficit hit 1.3 trillion yen ($12.7 billion), up 101.6 percent year-on-year, pushing the deficits for all of 2013 to record highs.
Samsung Electronics Co. Friday reported fourth-quarter net profit of 7.3 trillion won ($6.8 billion), down from third quarter's 8.24 trillion won.
Multinational computer and electronics firm Lenovo said it would buy the low-end server business from U.S. technology giant IBM for $2.3 billion.
South Korea's economy grew 2.8 percent year-on-year in 2013, although fourth-quarter growth slowed from the earlier quarter, the central bank said Thursday.
Mark Schwab, chief executive officer of the Star Alliance airline coalition said Air India was on track to join the group this year.
Two private equity firms said Monday they would sell South Korean beverage giant Oriental Brewery to Anheuser-Busch InBev for $5.8 billion.
China's economy grew 7.7 percent in 2013 from the previous year, or better than the government's target of 7.5 percent, official data showed Monday.
Mobile phone maker Apple Inc. launched its partnership with China Mobile Friday with an executive signing phones and heralding the future.
China's foreign direct investment inflows jumped 5.25 percent in 2013 while its foreign exchange reserves in the same year also rose sharply, data showed.
Japan's November current account deficit, driven by higher import costs, hit a record $5.74 billion, the Finance Ministry said Tuesday.
China's inflation fell to 2.5 percent in December from 3 percent in November and 3.2 percent in October, the National Bureau of Statistics announced Thursday.
China's state-owned developer Greenland Holdings Group announced plans to invest about $1.9 billion in two residential projects in London.
China's growth softened in 2013's fourth quarter as indicated by the purchasing managers' index both in manufacturing and non-manufacturing, economists said.
South Korea's foreign exchange reserves at the end of December stood at $346.5 billion, a sixth straight monthly increase, its central bank said Monday.
Rising demand for luxury cars in China could provide a profitable environment for electric car maker Tesla, the head of a Chinese trade group said.
China's purchasing managers' index, which gauges manufacturing activity, fell to 51 percent in December from November's 51.4 percent, official data showed.
India canceled a $600 million deal with Anglo-Italian Italian helicopter maker AgustaWestland over allegations of kickbacks, officials said.
China's official news agency says the U.S. shale oil boom that will make it the world's top oil producer by next year was the most underreported story of 2013.
Police in Japan said they were concerned a frozen food product recall may have involved intentional product tampering.
China's local government debt jumped to 17.7 trillion yuan ($2.95 trillion) by mid-year, up 12.7 percent from December 2012, its National Audit Office said.
South Korea's current account surplus eased to $6.03 billion in November from October's record high $9.51 billion, its central bank reported Monday.
Tax revenue worldwide is still bouncing back from the low levels of 2008-09, the height of the recession, a non-profit group in France says.
David Zuchowski will be promoted to president and chief executive officers of Hyundai Motor America, the Korean automaker said.
Chinese authorities said Friday General Motors and its partner SAIC would recall 1.46 million vehicles with faulty fuel pump brackets.
Japan Friday crossed another hurdle in the fight against deflation with data showing core consumer prices rose 1.2 percent year-on-year in November.
China's growth in 2013, affected by higher labor costs among other things, is expected to drop to 7.6 percent from 7.7 percent in 2012, the Cabinet said.
The Japanese Cabinet Tuesday approved a 95.9 trillion yen ($922 billion) budget for next fiscal year, calling for higher spending for defense and public works.
China's local government debt may have soared to about 20 trillion yuan ($3.3 trillion) at 2012 end, or nearly double from 2010, a government think tank said.
Apple and China Mobile announced a multiyear agreement allowing the Cupertino, Calif., tech giant to offer its iPhone in the world's largest mobile market.
Japan's central bank, maintaining its earlier economic assessment of moderate recovery, Friday made no change in its 9-month-old liberal monetary easing policy.
Japan's trade deficit hit a record 1.293 trillion yen, or $12.9 billion, in November, up 35.1 percent year-on-year, on rising energy imports, data showed.
South Korean automakers Hyundai and its Kia Motors expect their combined market share in BRIC nations to top 11 percent this year, sources told Yonhap News.
The Japanese government Thursday prepared to approve a $53 billion supplementary budget ahead of a sales tax hike, sources told Kyodo News.
China's economic growth in 2014 is likely to be 7.5 percent or about the same as this year, economists at the country's top think tank said.
China's November inflation eased to 3 percent year-on-year from 3.2 percent in October largely due to lower food prices, government data showed Monday.
China's trade surplus soared to $33.8 billion in November as monthly exports jumped 12.7 percent year-on-year to $202.2 billion, official data showed.
JPMorgan's "Sons and Daughters" hiring program is tied to the creation of at least one business deal with a Chinese company, documents indicate.
The World Trade Organization said a trade agreement reached in Bali, Indonesia, and involving 159 countries, could create millions of jobs.
Crude production by OPEC will remain unchanged next year at 30 million barrels per day, the oil cartel announced Wednesday in Vienna.
Newsweek magazine, which went digital-only a year ago, will revive its U.S. print edition as a subscription-dependent weekly, the magazine's editor said.
U.S. markets backed away from an upward trend Tuesday in part due to a prolonged rally that has pushed stock prices too high, one investment adviser said.
Taiwan is becoming an international leader in recycling castoff materials including electronics, an industry association said.
U.S. stock indexes closed mostly lower in a short session Friday but the Standard & Poor's 500 closed with its longest weekly gains streak in nearly a decade.
China rejected 60,000 tons of U.S. corn because the crops had been genetically modified in violation of regulations, Beijing's quality watchdog said Friday.
General Motors Co. Friday named a new president to oversee the Detroit automaker's growing China region.
Japan's core consumer prices, its inflation index, jumped 0.9 percent in October, pointing to further strengthening of the economy after years of deflation.
South Korea posted a record current account surplus of $9.51 billion in October on surging exports, its central bank reported Thursday.
Charity organization Oxfam said it was time for PepsiCo to address land-grabbing practices of its sugar suppliers in Cambodia.
Turkey plans to increase trade with Iran in the next six months, the time world powers allotted to reach a deal to halt Iran's nuclear program, officials said.
Microchip maker Qualcomm Inc. said the Chinese government was investigating its business for alleged anti-monopoly law violations.
Boeing Co. and General Electric Co. notified 15 airlines this week to beware of potential icing on their new Dreamliner jets.
South Korean military officials said the country will buy 40 Lockheed Martin F-35A fighter jets.
A jury in California ordered Samsung Electronics Ltd. to pay $290 million in damages to Apple Inc. for infringing on five Apple patents with 13 Samsung devices.
About 200,000 Chinese dolls have been impounded because they may contain a chemical that has been banned from children's toys, U.S. officials say.
Japan's October trade deficit soared 96.1 percent year-on-year to 1,090.7 billion yen ($10.88 billion) as a weaker yen pushed up import costs, data showed.
China attracted $8.4 billion of foreign direct investment in October, up 1.2 percent year-on-year, its Commerce Ministry said Tuesday.
Brazilian oil company Petrobras said Wednesday it would sell its business in Peru to the China National Petroleum Co. for $2.6 billion.
Several Chinese media companies say they have sued Baidu Inc., accusing the Chinese Internet search engine of complicity in video piracy.
U.S. automaker General Motors said it would move its Asian headquarters from Shanghai to Singapore in 2014 to adjust to demand from emerging markets.
India's consumer inflation rose to 10.9 percent in October from 9.84 percent in September due largely to higher food prices, government data showed.
China's largest online store Alibaba said Monday that it had reached a holiday sales target of $5 billion, a sum that dwarfs Cyber Monday in the United States.
China's National Bureau of Statistics said the annual rate of inflation rose to 3.2 percent in October, up one tick from September's 3.1 percent.
China's October exports rose 5.6 percent to 1.14 trillion yuan ($185.4 billion), yielding a surplus of 192.38 billion yuan ($31.6 billion), data showed Friday.
A trade association said it may appeal a U.S. International Trade Commission ruling that low-priced imports of plywood from China do not harm U.S. producers.
One World Technologies of Andersen, S.C., is recalling 578,000 Ryobi battery chargers due to overheating problems, a U.S. watchdog agency said Tuesday.
The United States and Canada lead the world in workplace engagement, Gallup's 142-country study on the State of the Global Workplace released Monday indicated.
A customer satisfaction poll ranked tablets made by Korean electronics giant Samsung ahead of Apple's iPad but some tech analysts are questioning the finding.
China's PMI, a gauge of the country's manufacturing activity, rose to 51.4 percent in October from 51.1 in September, official data showed Friday.
South Korea earned a trade surplus of $4.89 billion in October as monthly exports hit a record $50.5 billion, up 7.3 percent year-on-year, data showed Friday.
Japan's industrial output in September rose 1.5 percent from August, driven by production growth in autos and electronic items, the government said Wednesday.
The Reserve Bank of India Tuesday raised the interest rate by 0.25 percent to 7.75 percent on inflation concerns.
The influential Consumer Reports magazine has reversed itself on recommendations for three Japanese imports -- all of them Toyota products.
Japan's huge Mizuho Financial Group bank said 52 executives would have their pay cut after a report exposed $2 million in loans made to organized crime figures.
The president of Dongfeng Motor Corp. in Shanghai said the company would not rush to invest in French automaker PSA Peugeot-Citroen, although talks continue.
U.S. stocks closed out a week of gains Friday, riding better-than-expected earning reports of two tech giants along with good news for durable goods.
Japan's inflation as measured by core consumer prices rose 0.7 percent in September in line with efforts to end years of deflation, the government said Friday.
Former Apple Inc. chief John Sculley is exploring a bid for beleaguered smartphone maker BlackBerry Ltd., Canadian newspaper The Globe and Mail reported.
China says the proposed Bangladesh-China-India-Myanmar economic corridor could "change the geo-political map in Asia and the world."
Chinese Premier Li Keqiang assured the country's economy would meet its targets for this year, paving the way for a good beginning next year.
Japan Monday reported a trade deficit of 932.14 billion yen ($9.5 billion) for September, largely due to a weaker yen, which drives up import costs.
Japan's government Friday announced steps to deregulate various business rules to attract foreign investment and and spur economic growth.
Chinese PC and smartphone giant Lenovo Group Ltd. has signed a non-disclosure deal to pursue possibly buying BlackBerry Ltd., The Wall Street Journal reported.
Thirteen percent of employees worldwide are psychologically committed to their jobs and likely to make positive contributions, a U.S. survey says.
Consumer prices in China rose at a faster pace in September compared to August, partly the result of a typhoon that ripped through an agricultural region.
South Korean President Park Geun-hye, speaking in Jakarta, called for a quick conclusion to talks with Indonesia on a trade agreement.
U.S. discount retail giant Walmart said Wednesday it would buy Bharti Enterprises's half of their joint venture in India for an undisclosed sum.
Steel demand worldwide will continue to gradually increase through next year, an industry association said in a report released in Brazil.
The Asia-Pacific Economic Cooperation Summit under way in Indonesia, has forced airlines to cancel hundreds of flights, an airport spokeswoman said.
Airbus has landed a major order from Japan Airlines that represents a breakthrough business deal, the European airline maker said.
The Bank of Japan said Friday the country's economy is "recovering moderately" and the bank will maintain its monetary easing measures.
The Asian Development Bank, noting weaker economic activity in China and India, cut its 2013 Asian growth forecast to 6 percent from its earlier 6.6 percent.
Japan's sales tax will go up to 8 percent starting April from 5 percent now as Prime Minister Shinzo Abe's government prepares to check the soaring public debt.
A closely watched index for manufacturing in China, the purchasing managers index, rose marginally in September, Markit Economics said Monday.
Mazda Motor Corp. Saturday joined Nissan, Toyota and Hyundai in recalling large numbers of vehicles.
Toyota Motor Corp. said Thursday it is recalling 694,000 Sienna minivans in North America because of the risk of rolling away while parked, officials said.
Nissan Motor Co. said it will recall 908,000 vehicles, 764,800 of them in Japan, to fix defective accelerator sensors that could cause engines to stall.
Total profits of China's major industrial firms in August soared to 483.17 billion yuan ($78.9 billion), up 24.2 percent year-on-year, data showed Friday.
Japan's core consumer prices in August rose 0.8 percent year-on-year, data showed Friday as the country makes progress in the fight to end years of deflation.
European aircraft maker Airbus Wednesday announced orders for 43 of its A320 family of commercial planes from two startup airlines in China.
The South Korean government expects to pay an all-time high interest of about $18.9 billion this year on its growing national debt, official data showed Tuesday.
Chinese information and communications company Huawei said it will add 5,500 new jobs in Europe, while gaining access to the U.S. market was difficult.
Chinese bullet-train maker CSR Zhuzhou Electric Locomotive says it has sold 10 of its high speed trains to Malaysia.
India's Sensex stock index shed 1.9 percent Friday after the Reserve Bank of India announced it would raise its key interest rate to 7.5 percent.
Authorities are prepared to fine U.S. bank JPMorgan Chase more than $700 million in response to $6 billion in trading losses, sources told The New York Times.
The Indian government approved its central bank buying $4.3 billion in special bonds of the World Bank to raise India's borrowing limit to $21.8 billion.
The Bank of Korea, for the fourth straight month, Thursday left the seven-day repo rate, the country's key interest rate, unchanged at 2.5 percent.
Japanese Prime Minister Shinzo Abe plans to keep to next April for raising the sales tax to 8 percent from 5 percent now, a source told Kyodo News Thursday.
China's overseas investments totaled $87.8 billion in 2012, up 17.6 percent from 2011, making it the world's third-largest investor, a government report said.
South Korean Hyundai Motor Co.'s union said Tuesday its members OKd a tentative wage and benefits deal that includes a hike of $89 (97,000 won) in monthly pay.
The Japanese government upwardly revised the country's April-June economic growth rate to an annualized 3.8 percent, the Cabinet Office reported.
China's inflation, as measured by the consumer price index, slowed to 2.6 percent in August year-on-year, from 2.7 percent in July, the government said Monday.
China's August exports jumped 7.2 percent year-on-year, netting a trade surplus of $28.52 billion for the month, the highest this year, the government reported.
The United States has sought to clarify its monetary policy as the impact of quantitative easing by some advanced economies raises concerns in emerging ones.
India's stock markets rallied impressively Thursday and the battered rupee strengthened as investors felt assured by the country's new central bank governor
The Bank of Japan, saying the country's economy "is recovering moderately," upgraded its assessment and left its liberal monetary easing policy unchanged.
China's Hainan Airlines inaugurated its non-stop Beijing-Chicago service, its third such entry into North America.
Economic growth has slowed in some large emerging economies while major advanced economies are experiencing a moderate recovery, reports the OECD.
Japan's domestic new automobile sales slipped 1.1 percent in August year-on-year to 366,754 units, the country's dealers association said.
Japan's central bank likely will decide to maintain its liberal monetary-easing policy begun in April at its policy board meeting, sources told Kyodo News.
South Korea's August exports rose 7.7 percent year-on-year to $46.36 billion, yielding a monthly trade surplus of $4.91 billion, the government announced.
China's Purchasing Managers' Index, which measures manufacturing activity, rose sharply in August to 51 from 50.3 in July, official data showed.
Dunkin' Donuts has apologized for an advertising campaign in Thailand, featuring a woman in black face, that a human rights group called "bizarre and racist."
U.S. and Hong Kong authorities are investigating JPMorgan Chase's hiring practices in China, a regulatory document shows.
Indian Prime Minister Manmohan Singh said Friday the government will act to reduce current account deficit, blamed for the sharp fall in the value of the rupee.
Apache Corp. of the United States announced China's Sinopec Group will acquire a 33 percent interest in its oil and gas business in Egypt for $3.1 billion cash.
Japan's industrial production in July rose 3.2 percent, compared with June when output was down 3.1 percent from May, the government said Friday.
Japan's July core consumer prices rose 0.7 percent year-on-year for the second straight month, a welcome development in the effort to end years of deflation.
A Japanese central bank official warned business leaders that tapering off the U.S. Federal Reserve's asset purchasing program would affect emerging economies.
South Korea recorded a current account surplus of $6.77 billion in July, compared with June's surplus of $7.24 billion, its central bank reported Thursday.
China's state-owned automaker FAW Group Corp. plans to invest in a plant in North Korea, the North's news agency reported.
Dongfeng Honda Automobile Co. will recall 408,000 CR-V vehicles in China because of poor quality piston rods, Chinese regulators said.
India's Sensex stock listing tumbled 3.18 percent Tuesday as the rupee fell to a record low of 66.08 to the dollar, a sharp one-day drop from Monday's 64.30.
ANA Holdings Inc., parent of Japan's All Nippon Airways, announced Tuesday it will acquire a 49 percent stake in Myanmar's Asian Wings Airways.
India's lower house of Parliament, after a lengthy debate, gave its nod to a $19 billion bill to provide subsidized food to about 800 million people.
Chinese tourists have become big spenders at California outlet malls, retailers say.
A trend of rising foreign direct investment in China shows confidence in the country's economy has improved, a Commerce Ministry spokesman said.
The head of Japan's Trans-Pacific Partnership delegation said a trade agreement among the 12 participating countries this year would take considerable work.
A flash estimate of China's manufacturing index, the purchasing managers index, rose to indicate businesses growing in August, a research firm said.
China's economic growth momentum remains robust and consecutive drops in the GDP growth rates are unlikely, the governor of the country's central bank said.
The International Diamond Exchange said Sotheby's Hong Kong auction house expects a rare blue diamond to fetch $19 million.
South Korean electronics giant Samsung is poised to launch a smart wristwatch that is also a phone and a game platform, a source told The New York Times.
The already-weakened Indian rupee closed at a new all-time low of 63.13 to the U.S. dollar Monday, while stocks sank on investor concerns about the economy.
Japan's trade deficit in July soared to 1.02 trillion yen ($10.5 billion) year-on-year due largely to surging imports, the government reported Monday.
JPMorganChase may have bribed high-ranking Chinese officials by hiring their children to win lucrative business in China, federal authorities said.
British supermarket chain Tesco and and China Resources Enterprises both said they were in talks to discuss a merger of their retail businesses in China.
Apple Inc. claimed a win Friday when a quasi-judicial U.S. agency ordered a ban on Samsung Electronics Co. mobile devices it said infringed on Apple patents.
The Standard & Poor's 500 index recorded its biggest weekly loss in seven weeks as U.S. stock indexes fell Friday after rising only one day this week.
America Movil, owned by Mexican billionaire Carlos Slim, bid $9.6 billion Friday to buy the 70 percent of Dutch cellphone operator KPN it doesn't already own.
A whistle-blower in China said that French pharmaceutical company Sanofi had in years past provided bribes to doctors for writing scripts for Sanofi products.
U.S. stock indexes rebounded Thursday following a three-session slide after jobless claims fell to their lowest level before the Great Recession.
Japanese automaker Toyota Motor Corp. said Wednesday it is recalling about 370,000 of its pickup trucks due to a seat belt problem.
U.S. stock indexes dropped a third straight day Wednesday as another Federal Reserve official said the central bank might start cutting its easy-money policy.
AOL Inc. will buy video advertising platform Adap.tv for $405 million in cash and stock, the New York online pioneer said Wednesday.
Chinese authorities said six infant formula companies have been fined $108 million for anti-trust pricing violations.
U.S. stock indexes dropped the most in 5 1/2 weeks Tuesday after Federal Reserve officials said the central bank might soon start cutting its easy-money policy.
Japanese electronics giant Sony said it vetoed a proposal to sell its music and movie divisions as they complement their electronics division.
Work on the structure of the world's second-tallest skyscraper was completed in Shanghai Saturday, officials said.
The Obama administration Saturday overturned a U.S. International Trade Commission order banning the import of some Apple products.
Environmental watchdog groups in China have accused two manufacturing facilities, including Apple supplier Foxconn, of violating water pollution standards.
South Korea's inflation rate in July rose 1.4 percent year-on-year on higher housing, water and electricity prices among others, the government said Thursday.
China's manufacturing activity in July improved to 50.3 percent from June's 50.1 percent, the purchasing managers' index released Thursday showed.
The already-weak Indian rupee fell Wednesday, once again breaching the 61 level on heavy demand for the U.S. dollar and domestic growth concerns.
Indonesia, a leading fertilizer exporter, is encouraging its fertilizer manufacturers to expand into the Myanmar market, an official said.
President Xi Jinping, saying China's economy is expanding steadily, assured the growth target of 7.5 percent for this year will be met.
A report from China says Apple Inc.'s new manufacturing partner, Pegatron, treats workers similarly to the plant, Foxconn, which shocked many people.
Prince Alwaleed bin Talal, a Saudi businessman, says oil fracking could undermine the country's economy.
More than 1,400 companies in 19 industries in China were ordered to eliminate excess capacity because of overproduction problems, the government said.
The Chinese Cabinet, concerned about rising local government debt that stood at $1.73 trillion in 2010, ordered a nationwide audit by its top agency.
U.S. coffee retailer Starbucks said it will maintain plans for rapid expansion in China, where it is challenging a tea-drinking culture.
Chinese authorities have arrested 18 GlaxoSmithKline employees in a bribery investigation, official Chinese media reported.
Japan's consumer prices in June rose 0.4 percent year-on-year, official data showed Friday -- a positive development in its fight to end 15 years of deflation.
South Korea's economy grew by 1.1 percent in the second quarter from the previous quarter, the Bank of Korea said in its advanced estimates Thursday.
Import firm Renaissance Imports of Mathews, N.C., is recalling 5,000 pairs of girls' boots due to an exposed staple in the sole of the boot, regulators said.
The U.S. Consumer Product Safety Commission announced a voluntary recall of 29,500 sets of holiday pathway lights due to a fire hazard.
Japan's June exports rose 7.4 percent year-on-year but imports too jumped, leaving a trade deficit of $1.8 billion for the month, data showed Wednesday.
Robin America Inc. is recalling about 4,600 Subaru portable gasoline generators imported from China with fuel tanks that can leak, regulators said Tuesday.
The Japanese government, saying the economy is showing some movements "on the way to recovery," Tuesday upgraded its assessment for the third straight month.
European officials in China will attempt to strengthen protection against counterfeit wines and other spirits, the European Commission said Monday.
Drug giant GlaxoSmithKline said Monday it will work with Chinese officials to "root out corruption" and take "all necessary actions" in a corruption probe.
China's National Development and Reform Commission said gasoline prices will increase more than 3 percent, effective immediately.
Toyota will pay vehicle owners $1.6 billion to settle a class-action lawsuit over acceleration issues under a deal OKd by a federal judge in California Friday.
A company in China using a daisy-chain of rail links said it was offering railroad shipping service from China to Germany.
A Peking University study said that the average income in China in 2012 was $2,100 and that the gap between the rich and the poor was significant.
Prime Minister Manmohan Singh said Friday the Indian economy is going through a difficult period but urged business leaders to avoid negative sentiments.
Vice President Joe Biden, discussing the U.S. economic recovery, said "America is back."
The Group of 20 ministers meeting in Moscow must pursue policies that will boost domestic demand and employment, U.S. Treasury Secretary Jack Lew said.
Hamburger chain McDonald's said it would open its first store in Vietnam in Ho Chi Minh City in early 2014.
China attracted $14.39 billion in foreign direct investments in June, up a hefty 20.12 percent year-on-year, the Commerce Ministry said Wednesday.
The Organization of Economic Cooperation and Development in Paris warned Tuesday that unemployment would remain high among its member countries through 2014.
Chinese Internet search engine company Baidu said it has signed a commitment to purchase application business 91 Wireless for $1.9 billion.
Stocks took a hit Tuesday on Indian markets after the central bank, acting to check the falling rupee, raised short-term bank lending rates.
China added 7.25 million jobs in the first half of this year, up 310,000 jobs from the same period of last year, its human resources minister said Tuesday.
The Asian Development Bank cut growth forecast for this year and 2014 for Asia's 45 developing countries due to tepid demand from major industrial economies.
Japanese auto company Nissan said it was resurrecting the retired Datsun brand by introducing the Datsun Go for the Indian market.
Chinese authorities said Monday they had detained four GlaxoSmithKline drug company executives as part of a bribery investigation.
In another sign of its slowing economy, China's second-quarter gross domestic product growth slipped to 7.5 percent year-on-year, data showed Monday.
The number of tourists traveling from China rose in the first half of 2013 over the same period of 2012, but foreign tourism in China fell, the government said.
China agreed to begin talks soon with the United States on an investment treaty officials said could provide greater access for U.S. firms to Chinese markets.
Premier Li Keqiang, part of China's new leadership, says his government remains focused on its program committed to reforms even as the national economy slows.
South Korea's central bank, noting signs of economic recovery, Thursday raised its growth forecast for through 2014 while leaving interest rates unchanged.
Japan's SoftBank Corp. announced the completion of its $21.6 billion acquisition of U.S. wireless carrier Sprint Nextel Corp. in Overland Park, Kan.
A consortium led by South Korea's Hyundai Engineering and Construction Co. announced winning a $697 million contract to build a suspension bridge in Turkey.
China recorded a June trade surplus of $27.13 billion, but in a sign of its weakening economy, both exports and imports fell during the month, data showed.
South Korean exports of information-technology items rose sharply in first the six months of 2013 but those of cars fell, the government said.
China's inflation rose to 2.7 percent year-on-year in June from 2.1 percent in May, the National Bureau of Statistics reported Monday.
The Indian rupee plunged to a record low of 61.19 to a U.S. dollar Monday on renewed concerns over U.S. monetary easing before making a small recovery.
South Korea and Colombia Monday agreed to speedily implement their bilateral, free-trade agreement signed in February, the Seoul government said.
Japan recorded a current account surplus of 540.7 billion yen ($5.32 billion) in May, its fourth straight month in the black, the government said Monday.
China's retail trade volume reached 21 trillion yuan ($3.44 trillion) last year, the Ministry of Commerce said.
Japanese automaker Toyota Motor Corp. announced worldwide cumulative sales of its Prius gasoline-electric hybrid car have topped 3 million.
South Korean electronics giant Samsung has purchased Israeli and New York City streaming media start-up Boxee for $30 million, tech websites reported.
Infrastructure spending in the Philippines rose to $2.45 billion in the first five months of this year, up 35.6 percent year-on-year, the government said.
Japan's soft-drinks maker Suntory Beverage & Food Ltd. scored a big initial public offering Wednesday on the Tokyo Stock Exchange, raising about $3.8 billion.
China announced a formal anti-dumping probe into wine imports from the European Union as trade tensions between the two sides rise.
Japan's major manufacturers' business confidence index jumped to plus 4 in June, giving a boost to Prime Minister Shinzo Abe government's economic policies.
China's manufacturing activity in June as shown by the official Purchasing Managers' Index released Monday slowed to 50.1.
South Korean exports were off 0.9 percent in June year-on-year to $46.73 billion, the first such decline in four months, the government said Monday.
A Chinese wind turbine maker was charged Thursday with stealing trade secrets from a U.S. firm, allegedly costing it more than $800 million, prosecutors said.
Vietnam's central bank has devalued currency by 1 percent and cut interest rates, saying the moves would improve the balance of payments and spur the economy.
South Korean firms operating in China have earmarked $65 million for Chinese social welfare services this year, their lobby group in Seoul said Friday.
India's current-account deficit, blamed for the rupee's steep decline, "moderated sharply" in January-March to $18.1 billion, the central bank said Thursday.
U.S. computer service giant International Business Machines Corp. may cut about 500 jobs on mainland China, China Daily reported Thursday.
South Korea's current account surplus for May, spurred by strong exports and lower imports, rose to a record $8.64 billion, its central bank said Thursday.
India's state-owned Oil and Natural Gas Corp. and Oil India Ltd. signed a $2.47 billion definitive agreement to acquire a stake in a gas field in Mozambique.
China will turn out a record number of college graduates this year but the job market is gloomy for them because of the slowing economy, official data show.
Italy is likely to need a bailout as the country slides into deeper fiscal crisis and a credit crunch spreads to large companies, a top Italian bank warned.
An American businessman said Monday he was still being held hostage by employees of his factory on the outskirts of Beijing.
An initial public offering in Japan for Suntory Beverage and Food has been given a starting price near the bottom its anticipated range, a filing says.
China's central bank announced Monday it would allow the financial marketplace to react on its own to rising interest rates, a move that shook up markets.
Japan and the European Union began their second round of free-trade talks in Tokyo Monday designed to substantially boost their exports.
China's central bank and the Bank of England announced Sunday a three-year agreement to establish a currency swap to boost the Chinese yuan outside Asia.
Global shipping company TMT Group filed for bankruptcy protection in Houston after its out-of-court effort to restructure its $1.46 billion debt failed.
One of U.S. pork producer Smithfield Foods' largest investors said Monday that breaking up the company would be a better deal than a sale to a Chinese firm.
Chinese Premier Li Keqiang said trade protectionism was a destructive strategy, even as trading tensions build with the European Union.
The 225-stock-Nikkei index plunged more than 6 percent Thursday, with investors selling off on a sharp yen surge against the U.S. dollar.
The Bank of Korea Thursday left South Korea's key seven-day repo interest rate unchanged at 2.5 percent for June.
India's Apollo Tyres Ltd. has agreed to acquire U.S. tire maker Cooper Tire & Rubber Co. in a cash transaction worth about $2.5 billion, the companies said.
India's industrial output grew 2 percent in April from the same month of last year, slower than in March, government data showed Wednesday.
Singapore's growth forecast for 2013 was lowered to 2.3 percent from 2.8 percent, a survey of private sector economists said Wednesday.
Japan's core private-sector machinery orders, a leading indicator of corporate capital spending, fell 8.8 percent from March, the government said Wednesday.
Japan's central bank Tuesday delivered a positive assessment of the economy while deciding to maintain its aggressive monetary easing policy.
The United States and China are among the nations with the most-abundant reserves of shale oil and shale natural gas, the U.S. Department of Energy said Monday.
The Indian rupee, sliding since May, fell to a record low against the U.S. dollar on concerns about what an official called a "large current account deficit."
Japan's first-quarter economic growth was revised higher Monday to 1 percent for an annualized 4.1 percent, as the government's recovery policy gained traction.
Industries in China and the European Union are getting caught up in a trade dispute that could mean new or increased tariffs on their goods, observers said.
China Vanke Co. Ltd. acquired 25 billion yuan ($4 billion) of land in major Chinese cities in the first five months of this year, sources told China Daily.
China, amid rising trade disputes with the European Union, began a probe into EU wine imports after the bloc announced duties on Chinese solar panels.
South Korea's trade surplus reached a three-year high of more than $6 billion in May, the government said Saturday.
Production is returning to normal at a gold mine in Kyrgyzstan disrupted by violence this week over profit sharing, a company official said.
A closely watched barometer of manufacturing activity in China rose slightly in May, showing the goods-producing sector is still growing, albeit slowly.
The Nikkei 225 stock index in Japan fell into in a correction status Thursday, which denotes at least a 10 percent drop from a recent peak.
U.S. technology giant Apple Inc. is diversifying its manufacturing base in China, sources told The Wall Street Journal.
Efforts to end Japan's deflation will require devoting the coming years to "intensive investment" and "emergency structural reform," the government said.
China's Great Wall Industry Corp. has signed a contract to provide Sri Lanka's first communication satellite.
Tablet computers will dominate the mobile PC market by the end of this year and could top the entire PC market by the year 2015, a U.S. tech research firm says.
Japan's net foreign assets last year totaled $2.9 trillion, up 11.6 percent from 2011, the government reported Tuesday.
Chinese Premier Li Keqiang is returning home from Germany with assurance from Chancellor Angela Merkel for a negotiated resolution of China-EU trade disputes.
Chinese officials were in Brussels Monday to resolve the trade dispute with the European Union over exports of solar panels and wireless telecom equipment.
The United States is the only country among advanced economies that does not require employers to provide paid vacation time, a non-profit group says.
Hyundai Motor Co. said it has resumed weekend shifts at some of its assembly lines in South Korea Saturday to make up for lost production.
The Chinese government is making what amounts to "radical" changes in its role in the country's economy, an expert on the Chinese economy said.
Authorities in South Korea said they had raided the offices of Daewoo Engineering & Construction seeking evidence of bribery.
Stocks rallied in Japan early Friday after the previous day's rout with the Nikkei-225 index gaining more than 3 percent to again top the 15,000 mark.
Pakistan may get a bailout worth up to $15 billion from Saudi Arabia for its troubled energy sector, a Pakistani official told Dawn newspaper.
Japan's economy is picking up, spurred by rising exports, private investment and consumer spending, its central bank said in its May assessment.
Japanese conglomerate Sony's board said it would make a good-faith effort in considering spinning off its entertainment business.
The United States and Myanmar signed a trade and investment framework agreement, coinciding with the visit of Myanmar President Thein Sein.
Japan posted a record trade deficit of 879.93 billion yen ($8.576 billion) for April as a lower yen pushed import costs higher, the government said Wednesday.
South Korean corporate bankruptcies jumped to 89 in April from the record low of 69 in March as liquidity supply eased, the Bank of Korea reported Tuesday.
China's growing surplus in trade with India, an issue of concern to New Delhi, is difficult to resolve and is likely to widen, Chinese experts said.
Japan is likely to restart talks with India on bilateral civilian nuclear cooperation as it seeks markets for nuclear plant exports, sources told Kyodo News.
The Japanese economy is picking up slowly, the Cabinet Office said Monday in its upwardly revised May monthly assessment report.
The Nikkei index, maintaining its upward momentum, jumped past 15,300 points on the Tokyo Stock Exchange early Monday, its highest level in 65 months.
Japan's core private-sector machinery orders jumped 14.2 percent in March, pointing to healthy capital spending by companies, the government said Friday.
Chinese authorities announced a five-month crackdown on illegal products in the fast-growing health food industry.
Foreign direct investments in China grew 0.4 percent year-on-year in April, much slower than in the previous two months, the Commerce Ministry said Thursday.
A Chinese battery maker has shelved plans for a new lithium battery plant in Shanghai because of public protest, the company said.
Japan's economy, spurred by stimulus measures, grew at an annual rate of 3.5 percent in the first quarter, the Cabinet Office said Thursday.
Asian benchmark Nikkei, with the U.S. dollar at the 102-yen level, crossed 15,000 points for the first time in 64 months on the Tokyo Stock Exchange Wednesday.
India's annual inflation rate in April dropped to 4.89 percent, the lowest in more than three years, official data indicated Tuesday.
Chinese Premier Li Keqiang, calling for reform of government functions, said such efforts will help maintain growth, control inflation and reduce risks.
Japan's Mitsubishi Corp. and Chiyoda Corp. announced a 50 billion yen ($492.4 million) agreement to build an international airport in Mongolia.
Generic drug maker Ranbaxy USA Inc. pleaded guilty to selling substandard products and will pay $500 million in fines and damages, federal authorities said.
Chinese industrial output in April grew 9.3 percent year-on-year, an improvement over the 8.9 percent growth in March, Beijing said Monday.
The U.S. dollar crossed the 102 level against the Japanese yen early Monday in Tokyo, sending the Nikkei Stock Average to its highest in more than five years.
Spring has gotten off to a shaky start, what with April floods and May snowstorms, but travel experts say it's time to put away the snow shovel and start getting serious about summer vacation planning.
The Japanese yen, which has been declining against the U.S. dollar, dipped below the 100 mark against the greenback for the first time since April 2009.
South Korea's central bank, noting slowing exports and weak growth, Thursday cut its main interest rate by 0.25 percent to 2.5 percent.
China's April exports grew 14.7 percent year-on-year and imports rose 16.8 percent for a surplus of $18.2 billion, data indicated Wednesday.
Japanese electronics maker Sharp Corp. is likely to get 150 billion yen in new loans from its main creditor banks, sources told Kyodo News Wednesday.
China has approved U.S. automaker General Motors' plan to build a $1.3 billion plant in Shanghai, the official media said.
Taiwanese electronics manufacturer Foxconn Technology is trying to figure out if there is life after Apple, an industry analyst said.
U.S. automaker Chrysler is preparing to recall 4,783 Compass and Patriot model cars in China due to fuel tank problems, a Chinese government agency said.
India's central bank cut its key interest rate by 0.25 percent to 7.25 percent Friday, partly due to the easing of the country's headline inflation.
Japanese Prime Minister Shinzo Abe's visit to the United Arab Emirates produced a deal allowing Japan to sell nuclear power technologies, officials said.
South Korean regulators say 700 billion won ($636.5 million) in loans will be available to local firms affected by the idling of the Kaesong industrial complex.
A 51-member South Korean business group will travel with President Park Geun-hye on her U.S. visit, highlighting bilateral economic ties, officials said.
Japan and Saudi Arabia agreed to discuss conducting negotiations for the export of Japanese nuclear energy technologies, an official said.
South Korea's trade surplus in April narrowed to $2.58 billion from $3.36 billion in March with exports affected by a weaker Japanese yen, the government said.
China's manufacturing activity growth slowed in April from March, figures released Wednesday showed.
China's e-commerce giant Alibaba has acquired an 18 percent stake in Sina Weibo, the country's major micro blogging service, for $586 million, Sina Corp. said.
China's first-quarter crude oil and natural gas output rose slightly from the same quarter of last year, its main economic planner reported.
Asia's economy, aided by robust domestic demand, is forecast to grow at 5.75 percent this year, the International Monetary Fund said Monday.
South Korea's central bank said its current account surplus, aided by rising tech item exports, jumped to $4.98 billion in March from $2.71 billion in February.
North Korea is closing in on 2 million subscribers to 3G mobile phone service, North Korea Tech reported.
Worldwide sales of smartphones in the first quarter of 2013 have surpassed those of feature phones for the first time, a report says.
U.S. stocks closed mixed Friday following a lower-than-expected reading on the economy.
A lack of growth momentum is the most serious challenge facing China's economy, the country's top leadership warned.
China has agreed to buy 60 Airbus planes, the European aircraft maker announced.
The Japanese government Friday reported key consumer prices declined 0.5 percent in March year-on-year, indicating little relief from chronic deflation.
The Japan National Tourism Organization said 857,000 tourists visited Japan in March, a record for the month.
South Korea's economy grew 0.9 percent in the first quarter from the previous quarter, the Bank of Korea said in its advance estimate Thursday.
The Organization of Economic Cooperation and Development said Japan's economy was ready to grow, but warned long-term gains depended on a lighter debt burden.
India's economic growth this fiscal year, which began April 1, is expected to rise 6.4 percent, an economic review report said.
The Philippines is ready to send its initial shipment of 3,300 tons of Cavendish bananas to the United States by this month, an official said.
Chinese exports of rare-earths metals rose 47.3 percent to 4,316 tons in the first quarter as prices declined, official data indicated.
Yahoo! has announced it will close its Chinese email service in August, advising users to register with a new service to prevent loss of emails and data.
Consumer debt in Asia, outside Japan, is soaring, especially in China where there are already 320 million active credit card accounts, data shows.
Asia's APEC trade ministers meeting in Indonesia Sunday pledged to keep pushing free-trade agreements in the region.
Blackstone founder Stephen Schwarzman announced Sunday that he has endowed $100 million to build an elite scholarship program in China.
Imported luxury cars in India will likely be more affordable beginning in 2017 due to trade agreements with the European Union, government officials said.
The Honda Motor Co. says it will recall 204,500 vehicles from the 2012 and 2013 model years to replace a safety component.
Bob Socia, the head of General Motors in China, said the company would attempt to rev up sales of its luxury brand Cadillac in a market where sales are slow.
China's foreign direct investments in March rose 5.65 percent year-on-year to $12.4 billion, the second straight monthly increase, the Commerce Ministry said.
Japanese automaker Toyota Motor Corp. is preparing to build a luxury Lexus model car in the United States, a person familiar with the plans said.
South Korean companies' profitability dropped to 4.8 percent last year, a 9-year low blamed on the global economic slowdown, the Bank of Korea said Thursday.
South Asian countries need to strengthen their investment climate to maintain their economic growth momentum, the World Bank said.
Japan, faced with rising imports and the European debt crisis, Thursday reported a record trade deficit of 8.17 trillion yen ($83.5 billion) for fiscal 2012.
Japan's lower house of Parliament approved and sent to the upper house Prime Minster Shinzo Abe's record stimulus-infused $953 billion budget.
A top technology official in India says demand for electronics is growing so fast in the Asian nation it is nearing "non-sustainable levels."
Chinese poultry businesses, facing rising H7N9 bird flu cases, have already suffered losses of more than 10 billion yuan ($1.6 billion), the industry said.
The South Korean Cabinet Tuesday endorsed $15.4 billion in additional budget outlays for this year to spur the economy.
China's slower first quarter growth came as a surprise to some with the government reporting 7.7 percent growth January through March.
India's annual inflation fell to 5.96 percent in March from 6.84 percent in February, the government announced Monday, raising hopes for an interest rate cut.
Japan's participation in the U.S.-led Trans Pacific Partnership free-trade pact will strengthen the U.S.-Japan alliance, Foreign Minister Fumio Kishida said.
China's economic growth in the first quarter of this year cooled a bit to 7.7 percent from 7.9 percent in the previous quarter, data released Monday showed.
Tokyo Disney Resorts is aiming at topping its 2012 record of 27.5 million visitors in its 30th year, which begins next week, operators said.
U.S. officials said Friday they will "closely monitor" Japan's currency policies "and the extent to which they support the growth of domestic demand."
Four Japanese automakers, led by Toyota and Honda, said dangerous airbags had prompted the recall of 3.4 million vehicles.
South Korea, despite threats from North Korea, remains a safe place for investments, President Park Geun-hye told foreign business leaders Thursday.
China's jump in March imports, resulting in a trade deficit of $884 million, is seen by officials and analysts as helping spur domestic demand.
South Korea's central bank, despite government pressure, Thursday left its key interest rate unchanged at 2.75 percent for the sixth straight month.
The Trans-Pacific Partnership free-trade agreement may hurt Japan's farming and other interests, a group of Japanese university professors has warned.
Global personal computer shipments plummeted 13.9 percent in the latest quarter, further evidence of a quickly decaying market, a U.S. research firm reported.
China, citing a jump in imports, Wednesday reported a March trade deficit of $884 million, a sharp turnaround from February's surplus of $15.25 billion.
China's latest inflation figures should help in keeping its growth to around 3.5 percent this year, economists said.
Chinese President Xi Jinping, addressing the Boao Forum for Asia, promised to oppose protectionism and protect the rights of foreign enterprises in China.
Struggling Taiwanese smartphone maker HTC is reporting dismal earnings as it deals with delays in the rollout of a flagship device, the HTC One.
The director of the International Monetary Fund lauded the Japanese for moving aggressively to stimulate their economy with new monetary policy.
Chinese tourists are the world's biggest spenders, doling out $102 billion during their travels in 2012, a United Nations organization said Thursday.
The Bank of Japan's new governor announced a quantitative easing program he said was taking the concept to a new level to try to end deflation.
India's economy, currently posting 5 percent growth, can achieve 8 percent, Prime Minister Manmohan Singh told business leaders Wednesday.
Bank of Japan Gov. Haruhiko Kuroda told Japanese lawmakers the central bank would do all it can to achieve 2 percent inflation in two years to beat deflation.
The head of Apple Inc., Tim Cook, has apologized to Chinese customers after the company was hit with a deluge of complaints that appeared partly contrived.
China Aviation Oil (Singapore) Corp. says its 343.4 million-gallon oil storage terminal in South Korea has begun commercial operation.
Japanese electronics giant Toshiba said it would hire 100 female managers within the next two years in an effort to diversify their executive ranks.
India's Supreme Court Monday declined to grant patent protection to Glivec, a blood cancer drug made by Swiss pharmaceutical company Novartis AG.
South Korea's March trade surplus rose to $3.35 billion from $2.28 billion year-on-year on higher exports and lower imports, the government reported Monday.
The Taiwan Co-operative Bank opened a branch in the Cambodian capital of Phnom Penh, the bank said.
India's current account deficit hit a record 6.7 percent of GDP in the quarter ended in December on higher imports and slower exports, the central bank said.
Japan's consumer prices fell 0.3 percent year-on-year in February, down for the fourth straight month, the government said Friday.
A Coast Guard official in Alaska said a request has been made for the Justice Department to investigate Shell Oil's failed 2012 arctic drilling efforts.
China's Industrial and Commercial Bank of China reported earnings of $38.4 billion in 2012, making it the world's most profitable bank.
Japan's Honda Motor Co. Ltd. announced it was setting up a motorcycle plant and sales subsidiary in Kenya.
Japan, already a major investor in India, will provide New Delhi $2.32 billion for infrastructure building as the two seek to widen their strategic ties.
The BRICS nations of Brazil, Russia, India, China and South Africa agreed to set up a bank for infrastructure development, China's finance minister said.
The Japanese Cabinet Wednesday approved a 13.2 trillion yen provisional budget to cover spending for 50 days beginning April 1.
South Korea, China and Japan began free trade agreement talks Tuesday in Seoul even as Japan has unresolved territorial issues with the other two.
South Korea's economy grew 2 percent in 2012, the slowest rate in three years, its central bank said Tuesday, citing slower exports and consumer spending.
China's new Premier Li Keqiang assured multinational companies the new leadership would maintain Beijing's open policy.
Chinese Vice Premier Zhang Gaoli Monday pledged to create a fair business environment for U.S. investors.
U.S. stock indexes dropped Monday after investors took a second glance at a bailout deal for Cyprus.
Mass faintings and strikes took place at eight of 33 Cambodian factories that have supplied Swedish clothing brand H&M since 2010, a company release indicates.
Hong Kong's highest court ruled Monday foreign domestic servants do not have the right to permanent residency, stating the law has been clear from the start.
The Indian government has eliminated its committee to approve imports of aircraft, simplifying procedures for airlines to acquire planes.
Japanese Finance Minister Taro Aso expressed skepticism Friday about the Bank of Japan's two-year, 2 percent inflation target.
China's Suntech Power Holdings, one of the largest makers of solar panels, will seek bankruptcy reorganization, a Chinese court said.
Japanese electronics giant Panasonic Corp.'s $32 million washing machine plant in Vietnam has begun operations, officials said Thursday.
Japan recorded a trade deficit of 777.5 billion yen ($8.1 billion) in February as exports fell and imports zoomed year-on-year, the government said Thursday.
South Korean Export-Import Bank Wednesday announced a $360 million loan to Nigeria LNG, gas exporter of the state-owned Nigerian National Petroleum Corp.
China's trade with Africa is booming as Chinese investments in the continent soar, Chinese officials and experts say.
Early gains in U.S. markets faded on Wall Street, but the Dow Jones industrial average avoided closing in the red with a last-minute rally.
India's central bank Tuesday cut its repo rate 0.25 percent to 7.5 percent to help the sagging economy, while keeping the cash reserve ratio unchanged.
China's foreign direct investments rebounded in February with a 6.32 percent jump, ending eight consecutive months of decline, the government said Tuesday.
Japanese Prime Minister Shinzo Abe said the agricultural sector's interests wouldn't be ignored at the Trans-Pacific Partnership free trade negotiations.
U.S. stocks opened lower Monday on news that a bailout for Cyprus included a tax on bank deposits.
The Philippines' $1.3 billion Belle Grande Manila Bay casino and entertainment complex is expected to open in the middle of next year, a company official said.
An Asian Development Bank official said Monday surging investments in emerging East Asia local currency bond markets could raise asset price bubble risks.
The government of Bangladesh extended the tenure of central bank Gov. Atiur Rahman by another three years, a senior official said.
India's largest automaker, Maruti Suzuki India, named Kenichi Ayukawa its new chief executive officer Friday. He succeeds Shinzo Nakanishi, who is retiring.
The Chinese government says it will set up a state-owned railway corporation with registered capital of 1.04 trillion yuan ($165.73 billion).
The Japanese government, citing several factors, Friday raised its assessment of the economy for the third consecutive month in March.
Japan's Parliament Friday approved Haruhiko Kuroda to be the central bank's next governor, which could lead to more monetary easing to boost the economy.
India's annual inflation rate reached 6.84 percent in February, reversing a downward trend over the past four months, the government said Thursday.
Taiwan's Fair Trade Commission slapped fines totaling $213 million, the most ever, on nine independent power producers for alleged collusion.
Thai independent power producer Electricity Generating Public Co. Ltd. announced plans to spend $505.8 million this year to boost capacity.
South Korea's January money supply grew 4.8 percent year-on-year to a four-month high of $1.7 trillion, Seoul's central bank said Wednesday.
Hong Kong's Cathay Pacific Group Wednesday reported its 2012 profits fell 83.3 percent from 2011, citing high fuel costs and weak air cargo demand.
Japan may announce this week its participation in the U.S.-led Trans-Pacific Partnership free trade negotiations, a source told Kyodo News
China says it will allocate more funds and encourage private capital to exploit the country's large coal bed methane gas reserves.
South Korea's Samsung SDI Co. had the top global market spot for lithium-ion batteries for the third consecutive year in 2012, data indicated Tuesday.
India's economy is expected to grow 6 percent next year, World Bank President Jim Yong Kim said in New Delhi.
Machinery orders, a leading indicator of capital spending by companies, fell sharply in Japan in January, the government said Monday.
China's annual inflation rate hit a 10-month high of 3.2 percent in February, pushed by rising food costs in the world's most populous nation, economists said.
A study released Friday said South Korea's 1,787 publicly listed companies have been extremely slow to hire women to lead them.
China wants to use negotiations to address a dispute with the European Union over Chinese solar-panel shipments, Commerce Minister Chen Deming said Friday.
China's February exports, spurred by demands from the United States and other markets, rose 21.8 percent annually to $139.37 billion, a government agency said.
Japan reports economy up 0.2 percent
China's telecom operators may start receiving licenses this year to offer services on its fourth-generation mobile phone network, a minister said.
Sales of imported cars in South Korea totaled 10,556 vehicles in February, up 14.8 percent year-on-year, a trade group said Thursday.
Japan's central bank made no change Thursday either in its policy or in the short-term interest rate of zero to 0.1 percent at its monetary policy meeting.
China's economy will sustain a durable development, the country's chief economic planner predicted as he praised the 7.8 percent growth last year.
Struggling Japanese electronics firm Sharp has agreed to sell about 3 percent of its shares to South Korean firm Samsung, the companies said.
Tax authorities in India said Cadbury PLC, a unit of Mondelez International, invented a non-existent factory to avoid paying $46 million in taxes.
Gold and silver prices were little changed in New York Tuesday with metals overshadowed by surging equities on Wall Street.
China plans to increase foreign trade volume by about 8 percent this year, an official report said Tuesday, while warning export prospects remain grim.
The Sri Lankan government says China will provide a $278.2 million loan for a rail extension project on the island country's Southern province.
The 16th round of the U.S.-led Trans-Pacific Partnership negotiations began in Singapore Monday for regional economic integration of participating nations.
China announced Monday its first jumbo jet, the C919, is set for its maiden flight next year as planned.
Japan and the 27-nation European Union are preparing for negotiations on an economic partnership agreement, sources told Kyodo News.
North Korean imports of grain and fertilizer from China fell sharply in January, South Korea's Rural Economic Institute reported.
A technology research expert said Japanese electronics giant Sony has embraced a new focus on mobile technology due to its potential for growth.
The Ministry of Knowledge Economy in South Korea said Friday exports declined 8.6 percent in February from the same month of 2012.
South Korea posted a trade surplus for the 13th straight month, earning $2.06 billion in February, the government said Friday.
Vietnam's vegetable and fruit industry trade group says growers expect to earn about $1 billion from exports this year, up 30 percent from 2012.
Cambodia's trade with Vietnam and Thailand rose sharply last year, official data release Friday indicated.
Japan's consumer prices January fell for the third straight month, dropping 0.2 percent and pointing to the persistence of deflation, data indicated Friday.
A Boeing official in Japan said he was working on a definitive solution to returning grounded 787 Dreamliner passenger jets back into service.
It would cost Japan's nuclear power companies about $10.87 billion to comply with new safety standards, operators told an Asahi Shimbun survey.
The Thai government, as part of an energy-saving effort, has asked factories to cut power consumption by 1,200 megawatts, about 10 percent.
Thailand's Siam Cement Group plans to expand operations in Indonesia with a new plant to be built in West Java, a senior official said.
The Japanese government Thursday proposed Asian Development Bank President Haruhiko Kuroda as the next governor of its central bank.
Japan's industrial output for January rose by 1 percent from December for the second straight monthly increase, the government said Thursday.
The total units made by eight major Japanese automakers for their domestic market fell 10.6 percent year-on-year in January to 714,580, the companies said.
U.S. companies in South China expect a 40 percent jump in investments in the region to $16.5 billion over the three years, a survey said.
South Korean automaker Hyundai Motor Co. said it will begin mass production of hydrogen-fueled cars at its plant in southeastern Ulsan.
South Korea's January current account surplus, rising for a 12th consecutive month, was $2.25 billion, the Bank of Korea said Wednesday.
Rural China's poorest -- those making less the $370 a year -- fell 19 percent from 2011 to 2012, thanks to higher government spending, government officials say.
Japan's Parliament passed a 13.1 trillion yen ($140.7 billion) supplementary budget to fund stimulus measures.
U.S. stock indexes rebounded Tuesday, making gains despite drops in equity markets in Asia and Europe.
China's non-manufacturing sector expanded in February, but at a slower pace than the previous month, a key business index indicated.
China's National Bureau of Statistics said research and development spending reached a milestone of 1 trillion yuan or $162.2 billion in 2012.
The Tatas, who launched India's first commercial airline, will come back into the business through a joint venture with AirAsia, Malaysia's low-cost carrier.
China says the United States may soon impose punitive duties on its drawn stainless steel sink exports.
South Korea's Samsung Bioepis and U.S. pharmaceutical giant Merck have agreed to work together in the biosimilar sector.
U.S. stock indexes dropped Wednesday after the Federal Reserve revealed divisions about how to support the economic recovery.
The U.S. dollar will remain the world's chief reserve currency for decades and likely increase in strength, a senior Chinese central banker wrote in a paper.
China Wednesday reported another month of decline in foreign direct investments with the January figure dropping 7.3 percent year-on-year to $9.27 billion.
Recession-hit Japan Wednesday reported a record January trade deficit of 1.63 trillion yen ($17.3 billion) as imports jumped.
Chinese trade with North Korea hasn't been affected by the North's recent nuclear test, observers told the China Daily.
Chinese officials and experts warn the country's grain supply remains plagued by enormous waste.
The Vietnamese government, encouraged by $280 million of inflows in January, says it expects a big increase in foreign direct investment this year.
South Korean tech firms, aided by growing brand value and other factors, will remain largely unaffected by a lower Japanese yen, says a J.P. Morgan report.
China announced it plans to secure over 1.67 billion mu (275 million acres) of land for grain farming this year.
Retail and restaurant sales in China rose 14.7 percent during the 2013 Lunar New Year Festival compared to the previous year, the Ministry of Commerce said.
Thailand's leading stock brokers say they are concerned that huge massive money inflows could create a bubble in the stock and real estate markets.
China says its oil refining industry processed 468 million tons of crude in 2012, up 3.7 percent from the previous year because of rising domestic consumption.
South Korean exports could take a hit if the United States and the European Union conclude a free-trade agreement, South Korean analysts said Friday.
Inflation in India fell in January to a three year low of 6.62 percent year on year from December's 7.18 percent, the government said Thursday.
South Korea's central bank Thursday left its key seven-day repo rate for February unchanged for the fourth straight month at 2.75 percent.
Japan's economy, already in recession, shrank for the third straight quarter at the end of last year, the government said Thursday.
The boards controlling American Airlines and US Airways green-lighted an $11 billion merger to be announced Thursday that creates the world's largest airline.
U.S. stock indexes closed mixed Wednesday, with the Dow slipping back below 14,000 after the Census Bureau said retail sales rose marginally in January.
The price of gold slid Wednesday on the New York Mercantile Exchange with the dollar index flat and equities mixed on Wall Street.
The Group of Seven nations, all economic powerhouses, pledged Tuesday to coordinate policies to avoid government interference in currency rates.
Lending is on the rise in China as the economy rebounds from a seven-quarter trend of slower growth, the People's Bank of China said.
A Japanese Cabinet member says the government will take steps to support the upswing in the Nikkei stock index and push it even higher.
Electronics giant Hewlett-Packard said it had imposed strict limits on student labor in China, a subsection of labor fraught with abuses.
BlackBerry will not sell its new Z10 smartphone in Japan, the company said after a newspaper said the maker would leave the market partly due to the language.
India's economic growth in the current fiscal year ending March 31 is expected to hit a decade low of 5 percent, the government said.
U.S. markets dropped early Thursday following declines in Asia and Europe and a report that showed U.S. unemployment benefit claims higher than expected.
The Dow Jones industrial average closed higher Tuesday, following an equities rebound in Europe.
Chinese automaker Geely said it has purchased Manganese Bronze Holdings for $17.4 million and plans to revive the British niche automaker's operations.
Japan eased its limits on U.S. beef imports Friday, allowing retailers to sell meat from cattle less than 30 months old, Japan's Food Safety Commission said.
A court in South Korea has ruled Samsung Electronics Chairman Lee Kun-hee does not have to share $3.6 billion of his inheritance with family members.
Japan, struggling with recession, got some good news Thursday as official data showed the country's December industrial output rose 2.5 percent from November.
Japan, starting Friday, will import more U.S. beef after easing its 10-year-old restrictions arising from mad cow disease concerns, officials said.
U.S. stock indexes were mixed Tuesday in New York, as a four-week winning streak looked wobbly.
The Japanese government Monday forecast 2.5 percent growth in fiscal 2013, citing an improving global economy and its own stimulus steps.
Myanmar, under its reform-minded government, will get a $512 million Asian Development Bank loan in addition to a $440 million credit from the World Bank.
China confirmed its new jumbo jet, the Transport-20, completed its maiden flight this weekend.
U.S. technology giant Apple says it found 11 international factories involved in the production of its products used child labor in 2012.
Japan got no relief from chronic deflation in 2012 as consumer prices fell a further 0.1 percent during the year from 2011, the government said Friday.
U.S. stock indexes were mixed Thursday in New York, despite positive economic data.
Japan, hurt by falling exports and tensions with trading partner China, said Thursday its 2012 trade deficit hit a record 6.93 trillion yen, or $78 billion.
U.S. stock indexes reversed direction in New York Tuesday, recouping early losses and moving solidly into positive territory by the close of trading.
The new Japanese Cabinet and the Bank of Japan appeared closer Monday to setting a 2 percent inflation target to lift Japan's out of its persistent deflation.
Countries and regions become less stable as thriving decreases and suffering increases, a U.S. pollster says.
China Friday reported its economy, the second largest in the world, grew 7.8 percent in 2012, far lower than 9.3 percent in 2011 and 10.4 percent in 2010.
Samsung says it has sold more than 100 million of its Galaxy S line of smartphones since the models were launched in 2010.
A Chinese electronics company that makes Apple products said it is working with police to discover whether employees had accepted bribes from its suppliers.
A high-ranking official in China said the country's economic growth may have exceeded government expectations in 2012.
China will someday surpass the United States as Apple Corp.'s No. 1 customer, the company's top executive said Friday.
Japanese Prime Minister Shinzo Abe's Cabinet Friday approved a package of over $116 billion to stimulate the economy, hobbled by deflation and falling exports.
China's trade surplus soared to $231.1 billion in 2012, up 48 percent from 2011, official figures released Thursday showed.
U.S. markets rose Wednesday following a strong fourth quarter report earnings from corporate bellwether Alcoa.
Boeing shares dropped sharply Tuesday, losing more than 3 percent on reports a second Japan Airlines 787 Dreamliner in two days had troubles in Boston.
The new Cabinet of Japanese Prime Minister Shinzo Abe is planning a supplementary budget of up to $136 billion, sources told Kyodo News.
Japanese technology giant Sony is joining forces with BMG to bid on EMI assets owned by Universal Music Group, sources told The New York Times.
China imposed $56 million in fines and penalties on six South Korean and Taiwanese makers of LCD screens for price fixing, officials said Friday.
U.S. markets started low, turned around, and then slipped again Thursday, closing in the red despite a positive jobs report.
It is unclear if North Korean officials will meet with Google Executive Chairman Eric Schmidt during his planned visit, The Wall Street Journal reported.
The first stock market session of 2013 began with a positive reaction to a new U.S. tax law that ended concern about a recession triggered by budget gridlock.
The Japanese yen is forecast to fall against the U.S. dollar in 2013 after it lost more than 10 percent of its value against the dollar in 2012, analysts said.
If time and money were no object, U.S. adults would like to travel to Italy, Australia, New Zealand, Britain and France, a survey indicates.
A financial analyst said Japanese stocks were benefiting from the weakening yen, which pushed the Nikkei 225 above its pre-earthquake level Friday.
Authorities in Russia said they cracked down on an illegal banking system that did business through the country's postal service.
Japan Friday announced industrial output, hurt by slowing exports, fell 1.7 percent in November from October, while November consumer prices eased.
China's fiscal deficit could go up by up to 50 percent next year to 1.2 trillion yuan, or $192.4 billion, under government plans.
U.S. stock markets turned around Thursday, almost returning stocks to break-even, as investors learned of renewed efforts to reach a budget agreement.
The United States replaced the European Union in 2012 as the No. 1 market for Chinese exports, buying $319.4 billion of goods through November, Beijing said.
U.S. stock markets slumped after the Christmas break, with uncertainty over budget talks in Washington setting the mood on Wall Street Wednesday.
The U.S. Trade Representative said eight new markets in Thailand would be added to its list of markets rife with counterfeit goods.
East Asian and Pacific economies, affected by the slowdown in China, would grow at 7.5 percent in 2012, down from 8.3 percent in 2001, the World Bank said.
India's central bank, citing inflation, left key rates unchanged, keeping the repo rate at 8 percent and the cash reserve ratio for banks at 4.25 percent.
U.S. stock indexes closed with gains Monday after House Speaker John Boehner, R-Ohio, reportedly proposed raising taxes on millionaires.
China's finance ministry Tuesday reported November fiscal revenues rose 21.9 percent year-on-year to $125.12 billion.
American International Group said it would sell 80.1 percent of its aircraft leasing unit to Chinese investors for $4.23 billion.
The U.S. Treasury Department said Monday it has settled sanctions violations by Standard Chartered Bank for $132 million.
New car sales in China are up 4 percent for the first 11 months of the year compared to the same period of 2011 a manufacturers association said.
A Texas outsourcing firm contracted by New York to process state income-tax returns will expand and hire up to 250 more people, officials said Friday.
U.S. technology giant Apple has plans to manufacture computers in the United States, the firm's chief executive officer, Tim Cook, has said.
The Indian government won a big victory after Parliament's lower house approved its reform effort to open the retail industry to foreign investors.
U.S. stock indexes slid Tuesday with investors focused on budget talks in Washington.
Growth in South Korean exports outpaced growth in imports in November, pushing the country's trade surplus for the month to $4.48 billion, the government said.
India's economy grew 5.3 percent in the July-September quarter year-on-year but was down from 5.5 percent in the previous quarter, government data indicated.
Japan's industrial output in October rose 1.8 percent from September, a turnaround after three straight months of decline, the government said Friday.
Toyota Motor Corp., citing the Sino-Japan territorial dispute, said Thursday its October production in China dropped 61.1 percent year-on-year to 30,591 units.
The U.S. Treasury Department said China's currency remains "significantly undervalued" but did not name the Communist country a currency manipulator.
A union representative in the Kandal province of Cambodia, said there had been no negotiations with management since workers struck Nov. 15 for better pay.
French Industrial Renewal Minister Arnaud Montebourg says it is time for Indian steel producer ArcelorMittal to pack up and leave France.
U.S. energy giant ConocoPhillips plans to sell its 8.4 percent stake in Kazakhstan's Kashagan oil field to India's state-run outfit for about $5 billion.
Thailand's vehicle production in 2012 exceeded 2 million units, a first for its industry, the chairman of an industrial group said.
Atorvastatin pills, the generic version of the drug Lipitor, will be recalled due to possible glass contamination, its Indian manufacturer announced.
Japan Wednesday reported a trade deficit of $6.7 billion in October, blamed on the eurozone crisis and territorial tensions with China.
Britain's Jaguar Land Rover said Sunday it will produce vehicles at a new plant in China in a joint venture with Chinese automaker Chery Automobile Co.
Japan Friday reduced the forecast for its economy, the fourth straight monthly downward revision, as threat of another recession loomed.
Nearly 2.8 million Toyota vehicles will be recalled over concerns about steering wheel shaft and water-pump defects, the Japanese automaker said Wednesday.
South Korea's October jobless rate dipped to 2.8 percent from September's 2.9 percent, but month-to-month job creation plunged, the government said Wednesday.
Chinese shoppers spent $320.9 million in little more than an hour as the online store Taobao.com began a one-day sales event, the company said.
The Philippines Department of Tourism announced a campaign to bring in tourists from Hong Kong, inviting Hong Kong travel agents and media to a tour of resorts.
Japan's economy, hurt by slowing exports, shrank at an annualized 3.5 percent in the July-September quarter, the government said Monday.
South Korea and Thailand have entered discussions on a possible free trade agreement to "strengthen economic links between the two countries," officials said.
China Friday reported inflation in October eased to 1.7 percent year-on-year from 1.9 percent in September as the pace of food price increases further slowed.
Sony's PlayStation 3 has received approval from Chinese regulators, a sign the country may soon lift a ban on gaming consoles, industry watchers say.
The Monetary Authority of Singapore is investigating Citigroup Inc.'s potential involvement with Libor manipulation, the bank said.
American Suzuki Motor Corp., seeking reorganization under Chapter 11 of the U.S. Bankruptcy Code, said it will wind down its unprofitable U.S. car business.
Three Japanese firms are planning an 870-mile-long, offshore pipeline to bring natural gas from Russia's Sakhalin Island, the Asahi Shimbun reported Monday.
China's non-manufacturing sector expanded in October at a faster pace than September, a key business index indicated.
Mark Fields has been named chief of operations at Ford Motor Co., apparently putting him in line to succeed Alan Mulally as chief executive officer.
Political reform in Myanmar has paved the way for World Bank intervention in the country, including an $80 million grant, bank officials said Friday.
HSBC said Thursday that China's manufacturing sector showed business improvement in October while a separate index indicated growth.
Leaders of a region of northeastern France have signed an agreement with Chinese officials for construction of a mammoth center to promote Chinese investment.
Russian and Chinese delegates to an economic and trade summit in Moscow agreed to strengthen ties between the two countries, officials said.
Chinese corporations are reporting an increase in unpaid bills, a sign of an economy experiencing a downturn, a study of business reports found.
Wine lovers around the world could have less vino to swirl in their glasses in the near future because of bad weather this year, an industry organization said.
A Japanese auto parts firm agreed to plead guilty to conspiring to fix heater control panel prices and pay a $17.7 million fine, the U.S. government said.
China's exports of rare-earths have fallen due to sluggish global demand and not because of its territorial island dispute with Japan, its officials said.
Japan's September industrial output contracted 4.1 percent from August, the third straight monthly decline as demand slows, the government said Tuesday.
The Japanese Cabinet Friday approved a 422.6 billion yen or $5.3 billion emergency stimulus package to boost a slowing economic recovery.
Management and employees at strike-crippled Kingfisher Airlines in India said deals had been struck that could resume flights in November.
China says it will resume building new nuclear power plants, but only a few would be started by 2015 with all of them located at coastal sites.
The Japanese government is planning a stimulus of more than $5 billion to spur the economy, whose recovery is slowing, sources told Kyodo News.
U.S. authorities allege executives of Lawrenceville, Ga. paper company Apego Inc. dodged more than $20 million in custom duties for imported Chinese paper.
Canadian premium arctic outerwear manufacturer Canada Goose has won a lawsuit against counterfeiters in Thailand and Sweden, the company announced.
Japan, confronted with a global slowdown and a territorial dispute with China, said Monday its September trade deficit rose to 558.8 billion yen, or $7 billion.
Progress Energy Resources' top executive Saturday defended the proposed takeover of the Canadian company by Malaysia's state-run oil company.
A court in Tokyo twice rejected Samsung Electronics Co.'s request it block Apple from selling its iPhones in Japan.
Apple's sixth store in China is a three-story outlet that employs 300 workers, the company said.
The United States won a favorable World Trade Organization ruling in its dispute over China's imposition of duties on its specialty steel exports.
China Thursday reported its economic growth slowed further in the third quarter, expanding 7.4 percent year-on-year, its seventh straight quarterly slowdown.
India's annual inflation rose to 7.81 percent in September, the government said, putting a damper on any immediate interest rate cut by its central bank.
China reported Monday inflation in September grew 1.9 percent year-on-year, down from 2 percent in August, mainly due to falling agriculture produce prices.
Leaders of Asian and Middle Eastern nations say they will seek closer economic cooperation at the Asia Cooperation Dialogue Conference in Kuwait.
U.S. Federal Reserve Chairman Ben Bernanke said a little currency appreciation in the developing world is not a bad thing.
The head of the International Monetary Fund attending an IMF-World Bank meeting in Tokyo said it was time for governments to act on their economic strategies.
South Korea's central bank, citing weaker exports, Thursday cut the country's growth forecast for this year to 2.4 percent from 3 percent.
U.S. markets closed lower after a mixed start Wednesday as Alcoa kicked off the third quarter reporting season on a low note.
Toyota Motors Corp. said it would recall 7.5 million vehicles, including 2.5 million in the United States, to correct problems with power window switches.
The world risks a new recession before fully pulling out of the last one, the International Monetary Fund warned Tuesday, forecasting 2.2 percent U.S. growth.
South Korea's economy, burdened by the global economic slowdown and domestic issues, faces high uncertainty, the finance ministry said Tuesday.
Growth in East Asia-Pacific could drop to 7.2 percent this year from 8.2 percent in 2011 before rising to 7.6 percent in 2013, the World Bank said Monday.
Japanese automaker Honda Motor Co. is recalling 268,655 CR-V crossover vehicles because of a defective power window switch, a federal agency said Saturday.
Companies are returning, or considering returning, manufacturing operations to the United States from overseas, a Michigan State University expert says.
Foxconn Saturday denied a labor watchdog group's claim that workers went strike at the company's factory in Zhengzhou, China, where the iPhone 5 is made.
China's manufacturing capacity for solar panels has exceeded world demand, threatening financial disaster for factories and banks backing them, analysts say.
India's Kingfisher Airlines, citing an employee strike over salaries, extended its four-day-old partial lockout to Oct. 12.
The Asian Development Bank, citing a slump in global demand, cut the growth forecast for developing Asia to 6.1 percent in 2012 and 6.7 percent in 2013.
U.S. automobile and light truck sales rose 12.8 percent in September compared with September 2011, Autodata Inc. said Tuesday.
Chinese-owned Ralls Corp. has been told it must give up four Oregon wind farm project companies it acquired this year, the U.S. Treasury Department says.
Japan has approved stiff piracy penalties for illegal downloads of music and movies -- up to two years in prison or fines of up to $25,700, officials confirmed.
South Korea, aided by lower imports, had a trade surplus of $3.15 billion in September, up from $1.6 billion in the same month of 2011, the government said.
Manufacturing activity in China contracted for the second straight month in September, reflecting the country's slowing economy, official data showed Monday.
Japanese electronics giant Sony said it would buy 11.5 percent of scandalized camera and medical equipment firm Olympus.
Mumbai's coffee lovers will soon be able to sip the brew from Starbucks as their city was chosen by the U.S. chain as the first location for its India entry.
A closed teddy bear factory's co-owner and workers told different versions of a meeting at the Cambodian factory to which bosses reportedly did not show up.
Specialized Bicycle Components Inc. is recalling 12,000 bicycles with risky front forks the California firm imported from China, a watchdog agency said.
The Indian government, battling high inflation and lower economic growth, should seek more foreign direct investment, its new chief economist said.
Lines formed around the world to buy Apple's iPhone5 Friday, officials said. The company's co-founder, Steve Wozniak, waited in a line in Australia.
China, citing the global slowdown, said August foreign direct investments fell 1.43 percent to $8.33 billion year-on-year, the third straight monthly decline.
Japan Thursday reported a $9.62 billion trade deficit in August for the second straight month, blamed on slower exports to Europe and China.
India's central bank, going against industry expectations, kept its interest rate unchanged but cut the cash reserve ratio by 0.25 percent to 4.5 percent.
The trade surplus in the 17-nation eurozone rose in July compared with June, Eurostat said Monday.
South Korean Finance Minister Bahk Jae-wan said the financial crisis in Europe was underlying a push to speed up talks on free trade with China.
An energy consultant told attendees at a Singapore conference Wednesday that world crude oil prices would likely hover above $100 per barrel into next year.
U.S. stock indexes rose Tuesday after the Commerce Department said the U.S. trade deficit was essentially unchanged June to July.
Canada's world trade deficit expanded from $1.9 billion in June to $2.3 billion in July amid shrinking exports, Statistics Canada reported Tuesday.
Chinese exports rose and imports fell in August from August 2011, the country's customs office said Monday.
Japan's economy in the latest quarter grew 0.2 percent from the previous quarter, or slower than the 0.3 percent estimated earlier, the government said Monday.
South Korean President Lee Myung-bak said freer movement between South Korea and Russia would "intensify relations," between the two countries.
China announced more than $134 billion in infrastructure projects this week, stepping up its intention to stimulate the economy, an analyst said.
U.S. stock indexes jumped higher Thursday after the European Central Bank unveiled a new bond buying program.
Smartphone maker Samsung Electronics says global sales of its Galaxy S3 smartphone topped 20 million at a faster pace than sales of any of its predecessors.
When do you take the patient's hand and feel for a pulse, then look at the clock and note the time?
Hyundai Motors in South Korea said it can now "normalize production," after union workers voted to accept a new labor contract.
Sunbeam Products Inc. has announced the voluntary recall of 600,000 Mr. Coffee single-cup coffee makers made in China and sold in the United States.
Samsung's newest smartphone is in the crosshairs of allegations it infringes on Apple's patents, sources told South Korea's Yonhap news agency.
U.S. stock indexes were flat in New York Tuesday as a closely watched home price report failed to spark much enthusiasm.
The Israeli firm SDE Sea Wave Power Plants said it is constructing facilities in China that generate electricity with the energy of ocean waves.
Japan, hit by the European debt crisis that has slowed its exports, Wednesday reported a record July trade deficit of 517.4 billion yen or $6.53 billion.
Vietnam's Asia Commercial Bank played down the arrest of its founder and former officer, saying Nguyen Duc Kien's troubles were not connected to the bank.
China's top four state-owned banks have stepped up lending as the government tackles the country's economic slowdown, experts said.
Foreign direct investment in China in July fell 8.7 percent year-on-year to $7.58 billion, the government said, citing concerns about slowing global growth.
A South Korean High Court decision dismissing a lawsuit will allow the construction of the Parc1 project on Seoul's Yeouido Island to proceed.
Inflation, a major concern for policymakers in India, fell to a three-year low of 6.87 percent in July from June's 7.25 percent, the government announced.
Development of two economic zones in North Korea was discussed Tuesday when North Korean and Chinese officials met in Beijing, Chinese officials said.
South Korea, facing declining exports, had a trade surplus of $2.76 billion in July, the Korea Customs Service said Tuesday.
Japan's economy grew 0.3 percent in the quarter that ended in June, but the rate was much smaller than in the previous quarter, the government said Monday.
An Apple executive says Steve Jobs secretly offered Samsung a licensing deal for the U.S. firm's patented technology for touchscreen iPhones and tablets.
Japanese lawmakers handed Prime Minister Yoshihiko Noda a key victory Friday when the upper House passed Noda's social security and tax reform package.
French automaker Renault asked employees at its South Korean subsidiary, Renault Samsung Motors, to voluntarily consider a buyout package.
China's export growth slowed to a six-month low in July, fueling expectations for a weak trade performance for the year, the government said Friday.
Moody's Analytics lowered India's economic growth forecast to 5.5 percent this fiscal year.
Global oil demand growth in 2012 remained unchanged at 0.9 million barrels a day, but uncertainty surrounds the 2013 forecast, OPEC ministers said Thursday.
China's Produce Price Index fell 2.9 percent in July from a year ago, the fifth straight month of year-over-year decline, a government agency said.
Canada's international trade deficit jumped from $954 million in May to $1.8 billion in June based on higher imports and flat exports, Statistics Canada said.
China's inflation grew 1.8 percent year-on-year in July, the slowest growth rate in 2 1/2 years, the National Bureau of Statistics said Thursday.
A123 Systems, a U.S. battery developer, said it signed a non-binding memorandum of understanding with Wanxiang Group of China for strategic investment.
Toyota Motor Corp. is considering shifting more production to North America to help ease the impact of the rising yen, the Japanese automaker's U.S. chief said.
China said it will impose a 20 percent cut in production of rare earths, minerals crucial to the world technology sector.
Taiwanese computer maker Acer is urging Microsoft to "think twice" about bringing out its Surface tablet computer in competition with its own partners.
A computer glitch suspended derivatives trading for a time Tuesday on the Tokyo Stock Exchange.
The Standard and Poor's 500 topped 1,400 in early trading Wednesday on the New York Stock Exchange and never slipped back.
Billionaire Hiroshi Mikitani's decision that his company, Rakuten Inc., works in English provides a test case for corporate Japan's survival, observers say.
General Motors Co. was hit with a $3 billion lawsuit by Dutch automaker Spyker, saying the U.S. automaker blocked the sale of Saab Automobile to Chinese buyers.
The global economic slowdown and other factors have hit the profits of South Korean brokerages, forcing them to reduce their workforce, sources told Yonhap.
Fiat-Chrysler CEO Sergio Machionne sent Chrysler employees an e-mail memo praising their accomplishments in turning the Detroit auto company around and exhorting them to keep up the good work.
Asian markets fell Friday ahead of European trading after Europe's chief central banker demanded eurozone leaders seek bailout funds before his bank intervenes.
Exports from major Asian economies suffered their largest slowdown in more than three years in July, Markit Research said Wednesday.
Chinese companies' investments overseas, already up sharply in recent years, are expected to grow even more in the coming decade, experts said.
China, citing slower economic growth, said tax revenues rose 9.8 percent to $867 billion in the first half of 2012, against 19.8 percent in 2011 first half.
China's sovereign wealth fund said it sustained a 4.3 percent loss on its overseas portfolio last year due to the slow global economic recovery.
U.S. sportswear firm Nike Inc. said in a regulatory filing it is relying a bit more on Vietnam as a manufacturing base.
Japan's trade deficit for the first half of 2012 hit a record 2.916 trillion yen ($37 billion) due largely to rising energy imports, the government said.
Some parts of India face monsoon deficiency, the prime minister's office said, in urging all agencies to coordinate with states to deal with the problem.
A growing middle class in China is supporting demand for fashion, even expensive fashion, media experts said.
The Canadian energy producer Nexen said Monday it was being acquired by CNOOC Limited, China's leading offshore oil and natural gas producer, for $15.1 billion.
Dutch brewing company Heineken said it made a $4.1 billion bid to buy 40 percent of Asia Pacific Breweries, which operates 30 breweries across Asia.
China's slowing economic growth is "an uncomfortable ebbing," for the country, the official Xinhua news agency said Thursday.
Foreign direct investments into China in June plunged 6.9 percent year-on-year, the Commerce Ministry said, blaming the lackluster global economy.
Sony says it will introduce a tablet computer by the end of the year to join its current Tablet P and Tablet S models launched last year, CIO Asia reported.
U.S. policymakers must lift the federal debt ceiling soon, for the sake of the U.S. and world economies, the International Monetary Fund said.
The World Trade Organization ruled China had established a monopoly on electronic transactions that discriminated against foreign financial firms.
China's economic fundamentals remain sound but its rebound is not yet stable, Premier Wen Jiabao said, warning economic hardships may continue for a while.
South Korea's central bank, saying exports could slow due to the Eurozone crisis, sliced its 2012 growth forecast to 3 percent from its earlier 3.5 percent.
China said Friday growth fell to a three-year low of 7.6 percent in the second quarter, raising concerns the world's second-largest economy is slowing down.
Canada's second month of international trade deficit in May saw the disparity increase from $623 million in April to $793 million, Statistics Canada reported.
China plans to sell 5 million energy-efficient and alternative-energy vehicles by 2020, the country's powerful State Council or Cabinet announced.
China's June inflation grew 2.2 percent year-on-year, the slowest rate since January 2010, the National Bureau of Statistics said Monday.
China's economy is progressing at a stable pace but continues to face much downward pressure, Premier Wen Jiabao warned.
NEW DELHI (UPI Asia)--A UN agency has said that India has emerged as the third most preferred investment destination after China and the United States, it was reported Friday.
A government report said that a record number of adults in Japan indicate they are struggling financially.
U.S. stock indexes were mixed Thursday after central banks in Europe and China elected to lower their wholesale lending rates.
The Cambodia Alliance of Trade Unions Secretary-General May Sopheaktra said workers would seek international attention if their demands were not resolved.
Striking Air India pilots said they would end their work stoppage on faith the company would "sympathetically" discuss their grievances.
ISLAMABAD, Pakistan, July 2 (UPI Asia) --Pakistani forces have killed at least six militants staging attacks from Afghanistan on security forces in the northwest of the country, reports say.
Beijing, China, July 2 (UPI Asia)--Apple Inc. has agreed to pay $60 million to a Chinese firm to settle a dispute which threatened the sales of its iPad in China, a courtin China announced Monday.
A Chinese court confirmed a payment of $60 million from U.S. technology giant Apple that grants it the iPad trademark for China.
The New York Times has announced plans for a Chinese-language Web site aimed at China's new middle class and the upscale advertisers trying to reach them.
JHARKHAND, India, June 27 (UPI Asia)--Indian multinational automotive corporation, Tata Motors,will halt production for three days beginning Thursday at its plant in the east Indian state of Jharkhand, the company said Wednesday.
U.S. markets closed higher Wednesday after the Commerce Department said durable goods orders rose 1.1 percent in May.
NEW DELHI, June 27 (UPI Asia)--Soft drinks major, Coca-Cola Company Tuesday announced a further $5 billion (28,500 crore rupees) in investment in India over the next eight years.
SEOUL, South Korea, June 26 (UPI Asia)--South Korea has become the first prominent Asian country to announce a halt on import of Iranian crude oil.
The Finnish developer behind the Angry Birds franchise says it's targeting China as an important market even though fake Angry Birds products abound there.
Eleven Air India pilots embarked on a hunger strike Sunday in an effort to get the airline to reinstate 101 of their fired colleagues, a union official said.
Experts studying electricity consumption in China say the economic slowdown in the country may be deeper than suspected.
U.S. stock markets rose Tuesday despite rising yields on benchmark Spanish bonds that point to further financial troubles in Europe.
Samsonite International said Tuesday it would recall some of its luggage from the Hong Kong market, due to concerns over a carcinogenic compound.
Tokyo is the world's most expensive city for expatriates, a New York human resources consulting firm said Tuesday.
NEW DELHI, June 11 (UPI Asia) -- India's state-owned airline, Air India, Monday warned it could sack the remaining 300 pilots for refusing to come back to work from a monthlong strike.
Chinese businesses turned to the export market in May, leaning most heavily on the United States, figures from the General Administration of Customs show.
Canada ended five months of international trade surpluses in April, posting a $356 million deficit, Statistics Canada reported from Ottawa Friday.
NEW DELHI, June 7 (UPI Asia) -- A month after hundreds of its pilots went on strike demanding better wages and quicker promotions, India's state-owned airline, Air India, Wednesday announced it was hiring 100 pilots to bring operations back to normal.
MUMBAI, India, June 6 (UPI Asia) -- Indian stocks cheered up Wednesday in line with global cues bringing the bellwether Bombay Stock Exchange its biggest single-day gain yet in 2012.
The Dow Jones industrial average posted its strongest day of the year Wednesday, less than a week after sliding to below its starting point for the year.
U.S. market indexes opened higher Tuesday following gains in Asia and Europe.
Online postings praised the closing number on the Shanghai stock exchange Monday, with some saying it appeared to be an act of God.
Home prices in China dropped 1.53 percent from a year earlier in May, the China Index Academy said.
Apple's top supplier in China says it is committed to ensuring satisfactory living and working conditions after complaints by a rights group in Hong Kong.
NEW DELHI, May 31 (UPI Asia) -- The Indian government Thursday announced it would abolish roaming mobile phone call charges and allow subscribers to pay uniform call charges from anywhere within the country.
NEW DELHI, May 31 (UPI Asia) -- Massive gridlocks at highway toll booths cost the Indian economy up to $15 billion (870 billion rupees) every year, research by a leading management business institute has found.
MUMBAI, India, May 31 (UPI Asia) -- The Indian rupee Thursday fell to a historic low of 56.50 to the US dollar on high demand for the American greenback from importers as well as due to a continued flight of foreign capital from India's financial markets.
The U.S. Consumer Product Safety Commission announced a voluntary recall of Imaginarium 5-Sided Activity Center kits due to a choking hazard.
Chinese automaker BYD Co. said Tuesday it was investigating why an e6 electric car caught on fire after a fatal collision that killed three people.
A union leader in Cambodia has blamed clothing maker SL Garment for violence that broke out at a factory.
Analysts say there was a significant drop in software piracy in China last year.
The global economic slowdown has begun to take a serious toll on the Chinese economy, a senior official said this week.
Macy's says it has invested $15 million in a Chinese online retailer to expand the U.S. company's presence in the growing Chinese market.
The World Bank says economic weakness in China due to a drop in demand for exports is weighing on projected economic growth for the East Asia-Pacific region.
China's National Bureau of Statistics said property prices fell in a majority of cities studied in April with declines in 46 of 70 urban centers.
China is buying lobsters from Canada's Atlantic region at a rate 30 times greater than two years ago and is one of the area's biggest customers, officials say.
NEW DELHI, May 17 -- India's state-owned airline, Air India, Thursday said it had lost $34 million (almost 1.9 billion rupees) in the last ten days from cancellation of international flights due to a strike by about 200 pilots.
MUMBAI, India, May 17 (UPI Asia) -- The weeklong battering of Indian stocks gained some respite Thursday as the Bombay Stock Exchange sensitive index closed 40 points higher compared with the previous day's closing.
India's state-owned airlines, Air India, Wednesday cancelled six more international flights originating from the Indian capital and from Mumbai as nearly 200 pilots refused to join work for the ninth straight day, airline officials said.
Taiwanese chip maker MediaTek says it will embed mobile games developed by French company Gameloft into its semiconductors for smartphones.
Indian stock markets got no relief Monday after a weekend recess as the Bombay Stock Exchange sensitive index lost 77 points, as a downslide stretched to five working days.
India's state-owned oil companies are considering raising the price of petrol by 57 cents (30.28 rupees) to a gallon to partly offset more than $1 billion in losses.
India's state-owned airline, Air India, Monday cancelled 14 international flights after about 200 pilots failed to return to work for the seventh straight day, airline officials said here.
National leaders of China, Japan and South Korea agreed to a trade expansion pact Sunday in Beijing.
Stocks on Wall Street closed mixed Thursday with the Dow Jones industrial average up 64 points after a six-day slump.
Canada's international trade surplus increased from $273 million in February to $351 million in March, Statistics Canada reported from Ottawa Thursday.
Vodafone Wednesday threatened to sue the Indian government for amending a tax policy retrospectively that could leave the British telecom giant poorer by up to $3.7 billion (200 billion rupees).
India's state-owned airline, Air India, Wednesday fired 10 more pilots after a court here ruled their two-day-old strike illegal.
The Bombay Stock Exchange sensitive index Wednesday slumped to its lowest point in nearly four months, falling for the second straight day.
India's richest man, fourth richest worldwide, industrialist Mukesh Ambani, decided to waive about $4.5 million (240 million rupees) from his salary for the year 2011-12, it was reported Wednesday.
The act of reporting sick by 200 pilots of India's state-run airline, Air India, amounted to a strike and was illegal, a court said here Wednesday.
Japanese automaker Toyota Motor Corp. said 2012 would be a year of recovery, projecting profits of $9.5 billion through March 2013.
India's state-owned Air India sacked 10 international route pilots Tuesday after 160 of them called in sick in protest over training privileges, causing the cancellation of several international flights, stranding passengers and losing millions in revenue.
NEW DELHI, May 7 (UPI Asia) – The Indian government Tuesday withdrew a 1 per cent tax on gold and silver jewelry announced in March, forsaking $113 million (6billion rupees) in potential revenue in the current financial year.
China says it plans to provide Internet service to 800 million of its citizens by 2015 as part of a national development program.
The China National Offshore Oil Corp. said Monday it was ready to put its first Chinese-developed, deep-water drilling rig into operation.
India must "change its mindset" towards mining and instead work to improve the lives of its tribal people if it wants to bring an end to the decades' old armed Maoist insurgency, a leading Indian minister has said.
The Indian government is committed to keeping subsidies at 1.75% of its GDP in order to prevent the economy from running up massive deficits, Finance Minister Pranab Mukherjee has said.
Indian telecom companies gained eight million new mobile phone subscriptions in the month of March, raising the total number of mobile phone users in the country to 951.3 million, an independent regulator has said.
A growing market in the Asia Pacific region is fueling a strong expansion of its electric two-wheel vehicle industry, analysts say.
U.S. stocks closed lower Thursday after the Labor Department reported non-farm labor costs had risen 2 percent in the first quarter.
The European Central Bank said it would keep its overnight lending rate at 1 percent, the most commonly expected choice out of three.
The profits of India's largest mobile phone service provider, both by number of subscribers and revenue, fell sharply in the fourth quarter of the fiscal year 2012.
U.S. stocks were mixed Wednesday following a disappointing jobs report from payroll firm Automatic Data Processing Inc.
A key manufacturing index in China reached a 13-month high in April, the China Federation of Logistics and Purchasing said.
The Automatic Data Processing Inc. jobs report is already pulling on stocks, with figures that are bound to jolt markets Wednesday.
China's stock market regulator said it would cut fees for A-share trades 25 percent to promote its domestic capital market.
U.S. stocks regained some lost ground Tuesday after a closely watched manufacturing index showed faster-than-expected business growth.
China's State Council said it will encourage imports through tariff cuts as part of a goal to increase foreign trade by 10 percent in 2012.
Vodafone India said Monday it would be forced to pass on to its consumers an additional burden of $12 billion coming its way following a government regulator's decision to replace its spectrum from 900 to 1800 megahertz.
Gold prices rose $4.30 Friday on the Comex division of the New York Mercantile Exchange, ending the session at $1,664.80 an ounce.
Hillary Clinton Thursday opened the U.S. State Department's Global Impact Economy Forum with a plea for the creation of "shared value" in the global economy.
A Nike marketing official paid a bribe of nearly $30,000 to the former head of the Chinese Football Association, court documents indicate.
Stocks were mixed on Wall Street Tuesday as investors considered corporate reports and home sales.
The New York Times took a sizable swipe at Walmart on Sunday, publishing an article alleging extensive use of bribery to develop stores in Mexico.
Finance leaders in Europe said so-called BRIC countries would increase contributions to the International Monetary Fund and have more say in IMF decisions.
Japanese electronics company Sony said it will furlough 60 percent of the staff at EMI Music Publishing if the deal passes regulatory scrutiny.
U.S. stock markets were mixed Monday, with equities lower in Asia and higher in Europe.
Japanese Prime Minister Yoshihiko Noda said two nuclear reactors were safe enough to be returned to service to help alleviate power shortages.
China's first-quarter gross domestic product split the difference between economists' expectations and the country's target for growth, the government said.
Canada's international trade surplus nosedived from $1.9 billion in January to $292 million in February, Statistics Canada reported from Ottawa Wednesday.
Indian mobile telephone service provider Bharti Airtel says it is launching 4G service in Kolkata, the first broadband wireless access service in the country.
U.S. stock markets dropped sharply Tuesday, as European finances continued to undermine confidence on Wall Street.
Police fired warning shots to disperse locked out workers at the Phatthana Seafood Co. in Thailand's Songkhla province, but none were injured, witnesses said.
China is struggling to find the correct balance between inflation and economic growth, a senior policy adviser to the State Council said.
The structuring of Japanese electronics giant Sony Corp. is to include 10,000 job cuts, sources told The Wall Street Journal.
Japan has decided to join an international effort charging China with manipulating the rare earth market, The Asahi Shimbun reported Friday
MUMBAI (Maharashtra), April 4 – Three-wheeler auto-rickshaws that ferry millions of city commuters across Maharashtra daily have threatened to go off the roads from April 16 to press for higher fares.
U.S. stocks followed European markets lower Wednesday despite a gain of 209,000 jobs in the United States' private sector in March.
U.S. stock indexes opened with tentative gains Monday with the Dow Jones industrial average flat on the first trading day of the second quarter.,
Just when you thought the bankrupt Swedish automobile Saab was completely dead there are reports of interest in reviving the iconic brand.
It's that time of the year when a student's fancy turns to summer -- as in, "What am I going to do to earn a few bucks?"
Gold futures ended a three-day skid, gaining $17 and closed at $1,671.90 an ounce Friday on the Comex division of the New York Mercantile Exchange.
BANGALORE (Karnataka), March 30 – The son of a former chief minister of Karnataka state Friday rejected the charge that his father was bribed Rs. 6 crore ($1.2 million) in exchange for handing out a mining license.
Apple Inc. iPhones and iPads could jump in price after the firm's top supplier in China agreed to cut workers' hours and increase wages, industry analysts said.
Raymond and Thomas Kwok, two of the world's richest men, were arrested in Hong Kong by a corruption commission, their real estate company said.
The prime ministers of Vietnam and South Korea have signed agreements to increase commercial and industrial cooperation.
Washington has asked Paris to join the United States and Britain in mulling tapping oil reserves to ease rising gasoline prices, France's energy minister said.
Crude oil prices held to their $105-to-$108 price range as tensions eased in the Middle East over Iran's alleged nuclear weapons program.
Cessna Aircraft Co. and Aviation Industry Corp., a Chinese state-owned company, announced an agreement Friday make small planes and business jets in China.
This news just in: Greece has not gone anywhere; it is still in Greece.
The U.S. Commerce Department said Tuesday it would impose punitive tariffs on solar panels from China in retaliation for subsidies given Chinese producers.
United Parcel Service Inc. has agreed to buy European rival TNT Express NV for $6.77 billion in an all-cash offer, the firms announced Monday.
The dollar turned lower Monday against major currencies, giving commodities traded in U.S. dollars a boost.
South Korean tech company Samsung was fined $354,900 by the Federal Trade Commission for impeding a price-rigging investigation, officials say.
Chaleo Yoovidhya, the Thai entrepreneur who became a billionaire by developing the energy drink Red Bull, died Saturday, the Bangkok Post reported.
Foreign direct investments in China fell 0.9 percent year-on-year in February, to $7.73 billion, largely due to the eurozone debt, the Commerce Ministry said.
SWIFT, the firm that handles international bank communications, said it would suspend services for 30 Iranian banks to comply with an EU directive.
South Korea's February jobless rate rose to 4.2 percent from January's 3.5 percent even as the economy improves, official data showed Wednesday.
The United States has filed a case at the World Trade Organization against China's restrictions on rare-earth exports, officials said Tuesday.
Crude oil prices hovered near $106 Monday in New York on mixed economic news from China.
Slow global recovery and the unstable situation in Europe would be major uncertainties for China's economy this year, its central bank governor said Monday.
Canada posted its third straight month of trade surplus in January despite decreases in both imports and exports, Statistics Canada reported Friday.
Global wheat output this year is forecast at 690 million tons, the second-highest on record, the United Nations Food and Agriculture Organization said in Rome.
China's inflation rate fell to 3.2 percent year-on-year in February, the lowest growth in 20 months, due to a slower rise in food prices, data showed Friday.
Nuclear power shutdowns in Japan contributed to the country posting a record trade deficit in January, data shows.
A 30-story hotel was built in two weeks in Changsha, China, part of what experts call a China's high-speed building boom.
China, attacking a bill approved by the U.S. Congress, Wednesday denied its government provides unfair export subsidies.
China's 2012 economic growth target was lowered to 7.5 percent from 8 percent in 2011, the first such revision in seven years, Premier Wen Jiabao said Monday.
Automaker Nissan is preparing to bring back the Datsun brand, which was retired in the 1980s, reports in Japan said.
A variety of investigations have sprung up concerning the ouster of Japanese billionaire Kazuo Okada from international gaming firm Wynn Resorts.
A new discount airline in Japan, Peach Aviation Ltd., launched its business this week with two more low-cost services soon to follow, industry analysts said.
South Korea, citing rising overseas demand, Thursday posted a trade surplus of $2.2 billion in February, reversing January's $2.3 billion deficit.
A labor shortage in Guangdong province, China's main production and export center, has hit its labor- and service-intensive industries, officials said Wednesday.
A one-day general strike, called by India's major trade unions to protest high inflation and other issues, disrupted daily routines Tuesday, officials said.
China's central bank may cut interest rates in the second half of this year due to easing domestic inflation, economists told the China Daily.
Japanese electronics giant Panasonic Corp. said Friday it would supply Ford Motor Co. with batteries for their hybrid vehicles.
Iconic U.S. basketball star Michael Jordan is suing a Chinese sporting goods company for using his name and jersey number, the athlete's law firm said.
U.S. officials say they closed down two companies that allegedly coerced consumers into paying fictitious debts with threats of arrest and public exposure.