Huawei planned a workshop in Australia for local ICT firms in an effort to absorb some of the country's ICT assets.

NEC threw the towel in its bid for gaining from the smartphone industry. NEC, a little known smartphone manufacturer, announced today that it is bowing out of the smartphone competition.

HTC was considered as the "biggest victim" by an industry analysis from Citi. It is close to impossible for HTC to perform a comeback after losing horribly in the global smartphone race, according to analysts in the industry.

The recently-held talks between Apple and China Mobile could benefit both companies. The recently-concluded talks between Apple CEO Tim Cook and China Mobile Chairman Xi Guonhua could be beneficial to both, Reuters said in a report.

The Australian TV media company hopes to raise AUD $1.2 billion in an initial public offering before this year ends.

Today, the merger between King & Wood Mallesons and SJ Berwin was concluded through approval votes by partners from different locations including China, Hong Kong, London and Australia.

The heads of Apple and China Mobile came together to discuss a possible cooperation. Tim Cook, Apple's CEO, met with China Mobile Ltd. Chairman Xi Guohua in Beijing Tuesday.

According to India's Finance Minister, Palaniappan Chidambaram, the hunt for a new central bank governor is on after the bank's current head declined term extension.

Honda Motor Corp expressed caution on investing in emerging markets as Japan sales fell by 24%. Although it saw a strong sales performance April-June in Asia, Honda Motor Co.

Leading financial services group Manulife Financial sold its life insurance venture in Taiwan to CTBC Life Insurance Co., Inc.