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U.S. stock indexes opened sharply lower Wednesday on worries about global economic growth. (read the story …)
China’s stocks dropped for a sixth day, the benchmark index’s longest losing streak in six months, after data indicated manufacturing will shrink amid a faltering global economy. (read the story …)
The Australian police are investigating allegations that an Australian executive with News Corp. attempted to secure a former lawmaker’s vote in Parliament in exchange for favorable coverage. (read the story …)
NEW DELHI – India and the United Arab Emirates (UAE) signed an important “Agreement on Security Cooperation” today, enhancing existing cooperation particularly against terrorism. (read on…)
Bangkok Bank president Chartsiri Sophonpanich sees the flood crisis as a possible tipping point for the economy, causing the country to lose out on foreign investment. (read on…)
Australia Post is making a deeper push into the telecomms market with the announcement a senior Optus executive will be joining its ranks. (read on…)
South Korea’s National Assembly gave the final nod Tuesday to a controversial US free trade agreement that is expected to boost bilateral trade of $88 billion last year. (read on…)
US Secretary of State Hillary Clinton will travel to South Korea next week to take part in international talks on aid, before heading for a historic trip to Myanmar, officials said Wednesday. (read on…)
Nomura Holdings Inc. (NMR) is in preliminary discussions with big private equity firms about the possible sale of domestic businesses, including its real estate arm, the Financial Times reported Tuesday citing several people familiar with the talks. (get the story…)
China is ready to work with Turkmenistan to create a good environment for their business cooperation, Chinese Vice Premier Wang Qishan said here Tuesday. (get the story…)
BEIJING (Reuters) – China’s factory sector shrank the most in 32 months in November on signs of domestic economic weakness, a preliminary PMI survey showed, reviving worries that China may be slipping toward a hard landing and fuelling fears of a global recession. The steep fall in the HSBC flash purchasing managers’ index (PMI)...
(Reuters) – In October 1984, Iowa’s governor, Terry Branstad, made his first trip to China. He and his wife flew to Beijing and took an old steamer train about 200 miles southwest to Shijiazhuang, a city in the Hebei province. “It was kind of like going back in time,” Branstad told Reuters. Local government...
Yum! Brands Inc., which owns the KFC and Taco Bell restaurant chains, will separate its India business from its international segment to highlight the country’s potential growth. (get the story…)