Chinese shipbuilders have been sailing toward bankruptcy in recent years, with China trying to consolidate the industry and bail it out from the woe of overcapacity.
Malaysian Prime Minister Najib Razak said on Sunday that the negotiations on the Trans-Pacific Partnership (TPP) trade agreement might not be able to be completed by the year-end deadline.
Samsung Electronics, the world's largest maker of smartphones, memory chips and flat screen TVs, saw its third-quarter operating profit hit a new record high, the company said Friday.
While some people complain of tourist overcrowding having turned China's seven-day Golden Week into a "golden mess," economists have interpreted the phenomenon in a more positive way.
Hong Kong's Social Welfare Department Tuesday launched the Guangdong Scheme, under which eligible Hong Kong elderly people aged 65 or above who live in Guangdong province will receive the monthly allowance of 1,135 HK dollars (about 146 U.S. dollars) without the need to return to Hong Kong each year.
South Korea planned to raise its defense budget next year to strengthen missile and combat capabilities against possible provocations from the Democratic People's Republic of Korea (DPRK), a government report showed Thursday.
A man who killed a two-year-old girl by throwing her to the ground was sentenced to death by a Beijing court on Wednesday.
The New Zealand government on Thursday welcomed a nine-year jail sentence for a Hong Kong man who was caught importing a record haul of methamphetamine.
Real estate tycoon Wang Jianlin is the richest man in China with a personal fortune of 135 billion yuan (22 billion U.S. dollars), according to the Hurun Rich List released Wednesday in Beijing.
China's August economic data indicated the world's second-largest economy has been stabilizing and that the government still has room for bolstering growth.
As latest data and confidence indicators point toward a modest recovery in the eurozone economy, Prof. Marcel Fratzscher, president of the German Institute for Economic Research, said that the recover would be gradual with interest rates remaining low for at least another two years.
Summer climbers to Mt. Fuji during July 1 to Aug. 31 this year declined 2.5 percent from a year earlier to 310,721, due to tighter restrictions on car use, local media reported Wednesday.
For Liu Bogen, vice president of China Publishing Group Corp., the just-concluded 20th Beijing International Book Fair (BIBF) was a positive signal for the nation's copyright trading.
The 2013 edition of the Top 500 Chinese Enterprises list was unveiled at a press conference on Saturday, with China's oil giant Sinopec Group topping the list for a ninth year.
With the slowest pace of growth in four years in the first quarter of this fiscal year, India is facing a deepening slowdown amid widespread pessimism brought by a falling rupee and slumping stock market, said local newspaper Economic Times on Saturday.
More than 50,000 orphans in earthquake-hit Sichuan Province in southwest China received health insurance contracts on Friday as a gift for the new school term.
A Pakistani judicial official on Thursday overturned the 33-year imprisonment sentence awarded to Shakeel Afridi, the man who helped the American CIA track down Al- Qaida chief Osama bin Laden in Pakistan, local media reported.
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