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Brazil's JBS says $1.25 billion Primo buy to boost Asian sales

Brazil's JBS SA (JBSS3.SA), the world's largest beef exporter, said on Friday its $1.25 billion purchase of Australian processed foods producer Primo Smallgoods would increase its presence in Asia.


China commits $45.6 billion for economic corridor with Pakistan

The Chinese government and banks will finance Chinese companies to build $45.6 billion worth of energy and infrastructure projects in Pakistan over the next six years, according to new details of the deal seen by Reuters on Friday.

Obama will visit India again as ties expand

U.S. President Barack Obama will attend India's Republic Day celebrations in January as chief guest, a sign of steadily expanding ties between two countries that share concerns about China's growing power in Asia.

China's rate-cut likely to hurt banks, curb new loans to small borrowers

China's latest interest rate cut is set to dent the profitability of domestic lenders, especially mid-sized banks, which are already suffering from higher bad loans and a slowdown in profit growth.


Latest News

China's Industrial and Commercial Bank (ICBC) signed a pact with the Los Angeles city government to promote cross-border yuan trade and set up an offshore renminbi center in California, the bank said on Saturday.
Model Sheneka Adams may be the latest victim of the celebrity photo-hacking scandal known as "The Fappening."
As we recap the events of the Jodi Arias trial, new testimony claims victim Travis Alexander may have wanted a sex-only relationship with Arias.
On the most recent episode of "Tamar & Vince," the celeb couple goofed around with a friend at a comedy club, while in the news Vince Herbert has been accused of physical abuse.
Shahrukh Khan and Katrina Kaif may be starring together in another film. Shahrukh Khan has been blowing up the Bollywood scene right now. According to Fashion & Style, the actor's already got three new movies lined up for the future.
EXO successfully wrapped up their concert in Tokyo with 36,000 fans. The group performed their hit songs as well as greeted their fans in Japanese. Actor Jo In Sung attended the concert as support to his former co-star and EXO lead singer, D.O.
Following the November 20 broadcast of Sunny's radio show, "Sunny's FM Date," fans speculated that the Girls’ Generation member left a hidden message for former SNSD member Jessica Jung.
U.S. Billboard recently made a shoutout for YG Entertainment's new unit Hi Suhyun. It commended the duo composed by solo artist Lee Hi and Akdong Musician's Suhyun for their unique vocals and impressive performance in for their recently released track “I’m Different.”
G-Dragon and Taeyang have been confirmed to be having their debut as YG’s new project unit GD x Taeyang in the upcoming 2014 Mnet Asian Music Awards (MAMA 2014).
Big Bang will welcome 2015 with a concert in Singapore. The group's new year concert is one of the highlights of the country's 50th anniversary independence celebration.