China's decision to coordinate financial supervision is expected to reduce systematic risk and drive innovation in an industry fraught with cross-sector financing vehicles.
Strong rebounds in China's home prices have again put the country's policymakers in a difficult position as how to uphold the economy's growth while keeping the property market in check, delegates said at an ongoing forum.
Express delivery volume soared more than 50 percent for the 28th consecutive month, according to China Federation of Logistics & Purchasing data Tuesday.
Greek parliament approved early on Thursday a new austerity and reform bill which contains mass job cuts in the public sector in a key step to unlock further international bailout aid to the debt-laden country.
The purchasing managers' index (PMI) for China's non-manufacturing sector stood at 53.9 percent in June, down from 54.3 percent in May, according to official data released on Wednesday.
Only 28 percent of the 12 million work force in Malaysia are highly skilled, a government official said here Monday.
Hong Kong plans to designate the city's first official poverty line by the end of this year, Chief Secretary Carrie Lam Cheng Yuet-ngor said on Friday, while attending a forum discussing business sector's role in the poverty alleviation.
South Korea and China reaffirmed their push for the bilateral free trade deal in the fifth round of talks held in China last week, the South Korean trade ministry said Monday.
China's top legislature adopted a new tourism law Thursday to address industry woes, protect tourists' interests and foster the industry's sustainable growth.
A list of 45 Chinese steel enterprises that meet national iron and steel industrial standards was published Tuesday in the latest move to tackle excess production capacity that has plagued the sector.
Eurozone finance ministers have approved a new bailout plan for Cyprus, putting an end to uncertainties over the fate of the Mediterranean island country in the euro area, the Eurogroup head said early Monday.
Greek workers are launching on Wednesday the first general strike of 2013 to renew their protest over the government-prescribed austerity measures.
As world leaders gather in Davos discussing issues such as how the global economy can get back to robust growth, here are some of the top take-away quotes from them.
Chinese postal authorities said the permits of 116 express delivery companies were canceled in 2012 and urged greater supervision amid a series of reports on problems with the booming sector.
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