Tags: China

China, Japan, South Korea commit to economic policies supporting demand

Central bankers and finance ministers from China, Japan and South Korea said on Sunday they remained committed to policies to support demand in the face of moderate and uneven global growth.


Japan to increase investment in Asian infrastructure

Japanese Finance Minister Taro Aso said on Sunday his country's government will increase investment in Asian infrastructure at a meeting of the Asian Development Bank (ADB), according to Kyodo News.

Third Point takes stake in Yum! Brands, stock climbs

Billionaire investor Daniel Loeb said on Friday his hedge fund has taken a new position in Yum! Brands (YUM.N), sending the fast-food restaurant company's stock up nearly 7 percent.

China's struggles argue for stimulus all round

China's factories stayed stuck in the slow lane in April while Japanese output went into reverse and South Korea suffered its worst export performance in two years, adding urgency to calls for more state stimulus in all three economies.


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China overtook France last year as the world's second largest wine grower by area under cultivation as it continued to plant vast fields of mostly imported grape vines to meet growing demand.
U.S. Agriculture Secretary Tom Vilsack on Monday asked China to drop a ban on imports of U.S. poultry imposed because of an outbreak of bird flu in chickens and turkeys.
Apple reaped 71% (US$16.8 billion) revenue of the iPhone 6 and iPhone 6 Plus from China. It is expected that the iPhone 7 will continue this momentum as its release is speculated to be this year coming out with wireless chargine, VoLTE, and many more.
Apple Inc (AAPL.O) beat Wall Street's revenue and profit forecasts on Monday as it sold more iPhones in China than the United States for the first time, but the company gave no sales figures for its new Apple Watch.
One by one, Japan is turning off the lights at the giant oil-fired power plants that propelled it to the ranks of the world's top industrialized nations. With nuclear power in the doldrums after the Fukushima disaster, it's solar energy that is becoming the alternative.
Xiaomi introduces Xiaomi Mi 4i with features such as 5-inch 1080 IPS screen, Sunlight Display, Android 5.0 OS, and many more. The device is set for release on April 20 in India with a price of just Rs. 12,999 ($205).
China will likely cut the number of its central government-owned conglomerates to 40 through massive mergers, as Beijing pushes forward a sweeping plan to overhaul the country's underperforming state sector, state media reported on Monday.
Chinese e-commerce leader Alibaba Group Holding Ltd and state-owned China Telecom Corp Ltd have tied up to sell inexpensive smartphones aimed at boosting mobile commerce in smaller cities and rural areas.
Sweden's Volvo Cars will produce at its Belgian factory a small car based on a common platform and engine technology developed with Chinese parent Zhejiang Geely Holding Group [GEELY.UL], Volvo's chief said.
Venezuela, struggling to pay for essential items such as food and medicine amid strict foreign currency controls, may have failed to collect about a third of its potential oil revenue in 2014, a Reuters analysis suggests.
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