The dramatic expansion in shipyard capacity is making it difficult for the overcapacity across the shipping industry to be absorbed any time soon, ship owners and industry veterans said.
Singapore is preparing for a bid for the Singapore Botanic Gardens to be listed as a UNESCO World Heritage site, Acting Minister for Culture, Community and Youth Lawrence Wong said on Monday.
China's consumer price index (CPI), a main gauge of inflation, rose 2.1 percent year on year in March, down from a 10-month high of 3.2 percent in February, according to official data released Tuesday.
High blood pressure and obesity, traditionally associated with affluence, are no longer confined to wealthy countries, according to a new study published in the U.S. journal Circulation.
Archaeologists said they have discovered the trackway of a swimming theropod in southwest China's Sichuan Province, helping to confirm that non-avian theropods were capable of swimming.
Risks related to recent threats by the Democratic People's Republic of Korea (DPRK) will have a limited impact on the South Korean economy.
Beijing Xiangeqing Co. Ltd., a renowned Chinese restaurant company, will restructure its business by refocusing its customer base after being hit hard by the government's frugality campaign.
The state finances of Cyprus have reached a borderline situation and the government may have difficulty in paying the salaries of its employees at the end of April, the island's Finance Minister Haris Georgiades said on Monday.
As the H7N9 bird flu virus has infected more than 20 Chinese and caused 7 fatalities, some sectors of China's economy have also come under the shadow of the outbreak.
A fresh debt crisis may break out in the short or medium term, economic experts have warned at the Boao Forum for Asia, which opened on Sunday in south China's Hainan Province.
President Xi Jinping said Monday that the country will sustain "relatively high" economic growth but refrain from only seeking speed in growth.
Visiting Mexican President Enrique Pena Nieto said here Monday that his country supports Japan's participation in the Trans-Pacific Partnership (TPP) free trade talks.
The pensions for Singapore's administrative officers and judicial appointment holders, and a long-term retention package will be introduced instead for administrative officers, Deputy Prime Minister Teo Chee Hean said on Monday.
Australia and China have reached a new agreement to allow the Australian and Chinese currencies to trade directly, visiting Australian Prime Minister Julia Gillard said Monday in Shanghai, China, according to a statement by her press office here.
The state finances of Cyprus have reached a borderline situation and the government may have difficulty in paying the salaries of its employees at the end of April, the island's Finance Minister Haris Georgiades said on Monday.
The head of Iran's Majlis (parliament) National Security and Foreign Policy Commission said Sunday that the talks between Iran and world powers will continue, semi-official Fars news agency reported.
Economists and entrepreneurs attending a sub-forum of the 2013 Boao Forum for Asia Annual Conference have discussed how Chinese firms, faced with rising costs and shrinking returns, must innovate to survive the global economic slowdown.
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