Asia/Pacific

Mini Gold Bars Are Causing a Frenzy in South Korea as Buyers Rush to Get Them in Convenience Stores, Vending Machines

Mini gold bars are selling like hot cakes in South Korea's biggest convenience store chain, CU.


Amazon Web Services to Invest Nearly $9 Billion to Boost Cloud Computing Venture in Singapore

Amazon Web Services (AWS) is planning to invest nearly $9 billion to expand its cloud computing infrastructure and services in Singapore...

EU Greenlights Japan's Nippon Steel's $14.9 Billion Acquisition of US Steel Despite Opposition

The European Union (EU) has approved Japan's Nippon Steel's acquisition of US Steel for $14.9 billion despite facing opposition in the United States...

Xi Jinping Urges France to Resist 'New Cold War' Amid EU's Shift Towards US Alliance

Xi Jinping's visit to France amid EU tensions highlights economic cooperation, opposing a "New Cold War."..


Latest News

China's banking regulator warns of risks from overcapacity, seeks limits on lending
China Banking Regulatory Commission (CBRC) has warned of risks from industrial overcapacity. CBRC has advised commercial banks and financial institutions to keep limits on lending exposure as it sees
India's Former Famous Smartphone, Micromax Now Scrabbles
Micromax has been the popular smartphone company in India but with the introduction of other cheaper smartphones from other companies, Micromax is now struggling to keep pace with its competitors. It
Economy slowdown not to deter China's efforts on anti-pollution
China has decided to implement its stringent anti-pollution efforts despite slowing down of economy. China is propelling up economy growth without compromising on environment protection.
China’s State Backed CRR Corp. Unit Bags $1.3 Billion Chicago Rail Car Contract
Chicago Transport Authority has planned to replace 2,600 age old rail cars with 846 units of 7000-Series cars. CTA has awarded the $1.3 billion deal, the largest purchase in its history to a unit of C
India Affixes Cap On Royalty Fees For Gene Modified Cotton Seeds
MMB patented gene modified seeds are capable of secreting anti pest protein. However, the seed giant is accused of charging higher royalty fees exerting undue dominance in the seed market. Upon compla
Diageo confirms $40-mln payment to Vijay Mallya
Diagio Plc, British liquor major, says it paid $40 million to trouble-ridden Indian businessman Vijay Mallya. This comes close on the heels of an order by Debt Recovery Tribunal (DRT) not to pay Mally
China stocks decline, but trim losses
China's stocks fell for a second session, but managed to pare early losses on buying support from state-backed institutions. However, the buying support from state-backed funds renewed concerns that i
Citigroup sets up new group for rich investors
Citigroup has established a new asset management group to offer varied solutions and services to richest investors across the world. The new global asset management group will function within investme
Japan Will Promote Wine-Tourism Industry to Revive Economy in Disaster Zone
As Japan tried to revive economy in northeastern area after devastating tsunami and earthquake, winery is considered a good solution. Winery is pioneered in Miyagi prefecture to boost economy in disas
Silicon Valley Accelerator 500 Startups Allocated $10 Million Fund for Vietnam Startups
500 Startups is seeing a great potential in Vietnam, where more than half of its population are below the age of 30 and most adults are using smartphones. The Silicon Valley-based accelerator is prep
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