text

US Vice President Joe Biden makes surprise visit to Iraq in show of support

US Vice President Joe Biden met Iraqi Prime Minister Haider al-Abadi and other top officials in an unannounced visit to Baghdad on Thursday to show support for the government as it seeks to build on wins against ISIS amid a distracting political crisis.

text

Mitsubishi firms averse to bailout

A decade ago, Japanese automaker Mitsubishi Motors Corp. survived a defect cover-up scandal through a bail-out by other Mitsubishi Group companies. Now, facing uncertainty and potential liabilities from a new scandal, it may be on its own.

text

Shakespeare more popular abroad than in Britain: YouGov poll

On the 400th anniversary of his death, Shakespeare is more popular abroad than in Britain and makes a significant contribution to the UK’s prosperity and influence, according to a survey published on Tuesday.

text

IBM reports worst revenue in 14 years, shares slide

​International Business Machines Corp (IBM.N) reported its worst quarterly revenue in 14 years as results from newer businesses including cloud and mobile computing failed to offset declines in its traditional businesses, sending shares down nearly 5 percent in extended trading.

text

India says British queen should keep her crown jewel

India should relinquish its claim to a huge diamond it has fought for decades to get back from the British, the government told the Supreme Court on Monday, because the stone was given to its former colonial ruler rather than stolen.

text

Toyota, other major firms disrupted by quake damage

Toyota Motor Corp, the world's biggest-selling automaker, said on Sunday it would suspend much of its production at plants across Japan this week after earthquakes in the country's south led to a shortage of parts, while some other manufacturers extended stoppages due to damage to factories.

text

US health officials warn Zika risks as warm weather looms

The mosquito that spreads it is now present in about 30 states and hundreds of thousands of infections could appear in Puerto Rico.

text

Japan business mood sours to 3-year low, adds to doubt over "Abenomics"

Japanese big manufacturers' business sentiment deteriorated to the lowest in nearly three years and is expected to worsen in the coming quarter, a closely watched central bank survey showed, heightening pressure on both Prime Minister Shinzo Abe and the Bank of Japan to do more to shore up the ailing economy.

text

Japan ruling party mulls international arbitration

Japan's ruling party urged Prime Minister Shinzo Abe's government on Wednesday to consider seeking international arbitration over Beijing's drilling activities in the East China Sea, mirroring similar action by the Philippines.

text

"Sixth of helpers victims of forced labour"

LONDON - One in six migrant domestic workers in Hong Kong is a victim of forced labour and a significant proportion have been trafficked, rights campaigners said on Tuesday as they called for stronger protections for the city's maids.

text

BOJ to look at negative interest rate exemption

The Bank of Japan’s policy board is set to discuss this week whether to exempt $90 billion in short-term funds from its newly imposed negative interest rate, people familiar with the matter said, after the securities industry warned that investment money would be driven into bank deposits.

text

U.S. to restrict exports of China telecom equipment maker

The U.S. Commerce Department is set to place export restrictions on Chinese telecoms equipment maker ZTE Corp. for allegedly violating U.S. export controls on Iran, according to documents seen by Reuters.

text

Asian factories hit hard in February

Manufacturing activity across much of Asia shrank in February with China suffering a seventh straight month of decline, a blow to policymakers who only a day earlier resumed an easing cycle in a fresh effort to spur growth.

text

China credit outlook cut to negative from stable by Moody's

Moody's downgraded its outlook on Chinese government debt to "negative" from "stable" on Wednesday (March 2), citing uncertainty over authorities' capacity to implement economic reforms, rising government debt and falling reserves.

text

Hong Kong reports human H7N9 bird flu case

​This year's first confirmed case of the H7N9 avian influenza virus was reported by Hong Kong's Centre for Health Protection on Tuesday.

text

BOJ launches negative rates, already dubbed a failure by markets

The Bank of Japan's negative interest rates came into effect on Tuesday in a radical plan already deemed a failure by financial markets, highlighting Tokyo's lack of options to spur growth as global markets sputter.

text

Oil-producing nations retreat from Korean, Japanese stocks

Struggling to fill the hole in revenues left by the plunge in the oil price, investors from the world's major oil-producing countries were among the biggest sellers of South Korean and Japanese stocks over the past year.