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China advances gold exchange launch, Singapore delays contract

China will launch its international gold exchange 11 days ahead of schedule, sources said on Tuesday, racing ahead in the scramble to set up an Asian bullion benchmark as rival Singapore is forced to delay its gold contract due to technical issues.


Rare ceramics, Chinese, Indian paintings highlight NY Asian Art Week

Sales of classical Chinese paintings, devotional sculptures from India, Nepal and Tibet and ancient ceramic and porcelain vases and jars, including a rare Ming dynasty bowl, will be among the highlights of Asian Art Week auctions in New York.

Mitsubishi Motors to invest $600 million in Indonesian car factory

Japan's Mitsubishi Motors Corp (7211.T) will invest $600 million to set up its first multi-purpose vehicle factory in Indonesia, aiming to capitalise on strong demand for the segment in the country as well as to export to other markets in Asia.

Weak gasoline, food prices dampen U.S. producer inflation

U.S. producer prices were flat in August, pointing to muted inflation pressures that should see the Federal Reserve in no hurry to raise interest rates.


Latest News

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China's foreign direct investment inflows in August fell to a low not seen in at least 2-1/2 years, underscoring the challenges to growth facing the world's second-biggest economy.
“The Mentalist” upcoming season in January will be the series’ last. Cast Simon Baker starts directing an episode for the police drama.
Among the headlines that made waves in Hollywood this year are the deaths of the iconic legends. With this heartrending news, people all over the world mourn for the loss of these iconic celebrities. Here are five of the Hollywood stars we will surely miss.
'Archer' season 6 is currently in the works and is ready to release sometime in 2015. New season premiere to feature Archer working on a mission in Borneo.
Two prominent U.S. hospitals are preparing to launch trials with diabetics and chronic disease patients using Apple Inc's (AAPL.O) HealthKit, offering a glimpse of how the iPhone maker's ambitious take on healthcare will work in practice.
'I Know What You Did Last Summer' will be back on the big screen. Sony is reportedly rebooting the popular 1997 slasher film that starred Jennifer Love Hewitt.
'Grand Theft Auto VI' rumors are mostly just hearsay. 'Grand Theft Auto V' (GTA V) will be re-released on November 18, 2014 for the PlayStation 4 and Xbox One, and on January 27, 2015 for Microsoft Windows.