Chinese President Hu Jintao flies to Malaysia to discuss economic and trade ties – the first visit to Malaysia by a Chinese head of state in 15 years.
Home prices in 70 large and medium-sized Chinese cities nationwide rose 3.9 percent in October from a year earlier, the National Bureau of Statistics (NBS) announced Tuesday.
South and North Korean ships exchanged brief but heavy fire which the South later described as "accidental" and the North called an "armed provocation."
The Apple iPhone went on sale in China on October 30 from China’s second-largest carrier, Unicom, under a three-year, non-exclusive contract. In the first four days, the company managed to sell only about 5,000 units. This paltry figure didn’t even come close to expectations and is almost lost in the shadow of the 146,000 units sold by AT&T in the United States during the weekend launch of the original iPhone inJune 2007.
The U.S. remains committed to expanding trade in Asia but will insist that China and other countries "play by the rules" as it contemplates future trade agreements, U.S. Trade Representative Ron Kirk said Tuesday.
Toyota Motor Corp. said Thursday it had narrowed its full-year net loss outlook by 400 billion yen, a sign of recovery boosted by robust sales of eco-friendly cars. For fiscal 2009 ending in March, the company now expects a group net loss of 350 billion yen, as opposed to the 750 billion yen projected in August.
The finance ministers of the 21-member Asia-Pacific Economic Cooperation (APEC) forum, anxious about the potential for a "double-dip recession", will keep lavish stimulus spending in place for now, according to a draft communique obtained by AFP on Tuesday.
Chinese companies have expressed interest in dualizing the trunk road linking Zimbabwe and its northern neighbor Zambia, as well in rehabilitating a stretch of the railway line along the same route, a senior government official said.
Japan’s finance minister told visiting US Treasury Secretary Timothy Geithner on Tuesday that Tokyo supported Washington’s strong dollar policy, during talks on the global economy.
Internet search giant Yahoo said its next big wave of growth will come from Asia but not necessarily just from China and it said there are also ample opportunities for growth in emerging countries like Indonesia, Vietnam and India.