The takeover of hot pot chain Little Sheep by Yum! was given the go-ahead by by China

Malaysian telecom denies India corruption claims

2011-10-11T17:30:35Z

Malaysian mobile operator Maxis Communications Berhad on Tuesday denied any wrongdoing in its 2006 acquisition of Aircel in India, amid accusations of corruption and conspiracy.

One Indian ex-telecoms minister is already in custody and Indian police said cases of corruption and conspiracy were registered against his predecessor, MUMBAI (Reuters) - Starbucks Corp is finalizing an equity joint venture with India's Tata Coffee Ltd for opening coffee shops in

Daylight says to be bought by Sinopec for C$2.2 billion

2011-10-09T16:00:08Z

(Reuters) - Canadian oil and gas explorer Daylight Energy Ltd said on Sunday it has agreed to be acquired by China's Sinopec International Petroleum Exploration and Production Corp for about C$2.2 billion.

T...

China rejects Fuji Heavy's joint venture plan: report

2011-09-30T18:30:45Z

China has rejected a plan by Japan's Fuji Heavy Industries to form a joint venture with local manufacturer Chery Automobile in the world's biggest auto market, a press report said Friday.

The Chinese government had already conveyed the decision to Fuji Heavy, which ...

Germany's Daimler to make trucks in China

2011-09-26T12:30:13Z

German auto maker Daimler said Monday it had received Chinese government approval for a truck joint venture, as the world's vehicle makers look to China for growth amid a global economic slump.

Daimler Truck, a unit of the German company, would hold a 50 percent stake in the venture, which would have annual production capacity of 160,000 trucks, Daimler said in a statement.

The Chinese partner in the joint venture, Reuters) - Giant Interactive Group Inc said it will invest $50 million in China's e-commerce company Alibaba Group through an investment in Yunfeng e-Commerce Funds.

Yunfeng e-Commerce Funds was establishe...

VW steps up investment in new models, factories

2011-09-16T12:30:21Z

German auto giant Volkswagen said Friday it would boost investment sharply over the next five years as part of its ambitions to become the world's biggest car maker by 2018.

VW said in a statement it had earmarked 62.4 billion euros ($86.1 billion) for investment between 2012 and 2016, representing an increase of almost 21 percent over the preceding five-year investment plan for the period from 2011 until 2015.

The lio...

Goldman, Morgan in talks to buy Indonesian brokerages: sources

2011-09-12T04:30:12Z

JAKARTA (Reuters) - Goldman Sachs and Morgan Stanley are each in talks to buy an Indonesian brokerage firm to expand their reach into the booming capital market of

GM's China sales hit record for August

2011-09-08T05:30:40Z

US auto giant General Motors said its sales in China hit 205,885 units in August -- a record for the month -- up 13.4 percent from a year ago due to strong growth in passenger car purchases.

The record figure comes despite government moves earlier this year to phase out incentives such as tax breaks for small engine vehicles, originally implemented to ward o...

China tycoon to buy part of Iceland: FT

2011-08-30T05:30:11Z

A Chinese tycoon is trying to buy a huge tract of land in Iceland for a $100 million eco-tourism project that will include a golf course, the Financial Times said Tuesday.

Huang Nubo, a real estate investor and former government official, has sealed a provisional deal to acquire 300 square kilometres (about 200 square miles) of Icelandic territory, the ...

Microsoft partners with China firm on cloud-computing

2011-08-22T20:30:16Z

BEIJING (Reuters) - Microsoft Corp has signed a partnership deal with a Chinese firm to develop and market cloud-computing products in China.

No terms of the deal were disclosed.

This is the first time Microsoft has formed a p...

Asahi Group to buy N. Zealand's Independent Liquor

2011-08-18T02:31:34Z

Japan's Asahi Group Holdings said Thursday that it would buy Independent Liquor of New Zealand for $1.28 billion, its biggest ever acquisition as the beverage giant looks to boost its overseas presence.

Asahi, known for its popular "Super Dry" beer, said it will pay NZ$1.53 billion, or 97.6 billion yen for all outsta...

GM's China sales down 1.8% in July

2011-08-05T08:30:28Z

General Motors said on Friday its sales in China, the world's largest auto market, fell 1.8 percent from a year earlier to 173,398 vehicles in July on a drop in sales of commercial vehicles.

For the first seven months of the year, the US auto giant and its joint ventures sold a record 1.45 million vehicles in China, up 4.4 percent from the same ...

Hitachi, Mitsubishi edge towards groundbreaking merger

2011-08-04T07:30:16Z

TOKYO (Reuters) - Hitachi Ltd and Mitsubishi Heavy Industries Ltd have begun talks on what would be Japan...

Analysis: Solar specialists embrace tieups to resist squeeze out

2011-07-25T00:00:05Z

HONG KONG/TAIPEI (Reuters) - Grappling with sliding prices and margins, solar specialists, or stand-alone makers of wafers and cells, risk being squeezed out of the market by their fully integrated Chinese rivals who are investing billions of dollars in technology.

The new reality is forcing solar specialists, mostly Taiwanese, which have long had ...

Beijing to review Nestle bid for Chinese sweetmaker

2011-07-15T08:30:59Z

Beijing said Friday it will review a plan by Swiss food giant Nestle to buy a Chinese sweetmaker, in what could be one of the biggest foreign takeovers of a Chinese company.

Nestle said Monday it had agreed to buy a 60-percent stake in Singapore-listed Hsu Fu Chi for 1.4 billion fra...

Where was SEC as trouble festered at Chinese companies?

2011-07-10T11:30:11Z

NEW YORK (Reuters) - Alarmed by widening accounting debacles at U.S.-listed Chinese companies, American regulators are scrambling to stem the damage from gaps in laws adopted to protect investors after the Enron scandal a decade ago.

U.S. investors had risked billions of dollars on hundreds of companies based in <...

Tokyo Stock Exchange proposing tender offer for OSE: report

2011-07-04T17:00:47Z

TOKYO (Reuters) - Tokyo Stock Exchange has proposed a tender offer for Osaka Securities Exchange Co <8697.OS> as the two bourses proceed in merger talks, Japan's maverick Internet tycoon Takafumi Horie on Monday headed to a Tokyo jail to serve two-and-a-half-year sentence for accounting fraud.

The flamboyant dotcom entrepreneur -- who shook up Japan Inc's often staid ways with his media-savvy persona and hostile takeover bids -- has long insi...

Boeing to build 10 C-17 airlifters for India

2011-06-15T16:30:23Z

Boeing said Wednesday that India?s defense ministry has signed an agreement with the US government to buy 10 Boeing C-17 transports, making India the plane's largest international customer.

Boeing said that under the deal, India will take delivery of its C-17 Gl...

Google 'applying for China mapping licence'

2011-06-14T09:30:20Z

Google and its joint venture partner in China have applied for a licence to operate an online mapping service in the world's biggest web market, a news report said on Tuesday.

The State Bureau of Surveying and Mapping was reviewing the application from Beijin...

China, Kazakhstan eye doubling of trade

2011-06-13T16:30:37Z

China and Kazakhstan on Monday signed a strategic partnership deal and vowed to double trade as President Hu Jintao visited the energy-rich Central Asian state to tighten already close ties.

Hu held talks with Kazakh President Nursultan Nazarbayev on the f...

Mazda, Ford in talks to end US tie-up: reports

2011-06-03T07:30:33Z

Japan's Mazda Motor is in talks with US giant Ford to pull out of their money-losing 50-50 joint venture for car production in the United States in 2013, reports said Friday.

Mazda is planning to sell its stake in the Rio Tinto and Chinalco, China's largest alumina producer, agreed Wednesday on a tie-up to explore copper resources in mineral-hungry China, the Anglo-Australian mining giant said.

The deal comes as relations between Rio and China, its biggest customer, slowly improve after four of its ...

From zero to hero to zero

2011-05-26T19:30:13Z

Last Thursday, the investment community was reminded of just how treacherous this sector can be. Detractors are now back out in force with the usual message

I'm dizzy from this trip. It's like one of those Magic Mountain Roller Coasters that go upside down and around. I'm pulling G-Forces in dollars, not centrifugal force.

After tip toeing back into the China small cap sector with my Big 3 current id...

Wal-Mart plans more megastores in India

2011-05-24T14:31:06Z

Retail giant Wal-Mart said on Tuesday it aims to open up to 20 more megastore wholesale outlets in India by the end of 2012 as it increases its operations in the country.

The joint venture between US retailer Wal-Mart Stores Inc and India's Bharti Enterprises Ltd, par...

SABMiller beats forecasts with emerging boost

2011-05-19T00:30:08Z

LONDON (Reuters) - Strong growth in the emerging markets of Africa, Asia and Latin America helped brewing giant SABMiller beat forecasts with a 19 percen...

Saab, Spyker announce auto deal in China

2011-05-16T10:30:42Z

Saab, the carmaker on the brink of financial collapse, said Monday it has signed a deal to obtain last-ditch rescue funding from a large Chinese distributor.

Saab and its Dutch owner Spyker announced the deal with China's Pang Da Automobile just days after a deal with Chinese car manufacturer Hawtai fell through.

Spyker head Victor Muller said in a telephone confe...

$138 million in funding for Gilt Groupe

2011-05-09T20:30:23Z

Online private sales company Gilt Groupe said Monday that it has raised $138 million in new funding led by Japan's Softbank Group.

A source close to the operation said the new financing valued Gilt at $1 billion and will be used for acquisitions and expansion into new business categories.

Softbank Gro...

China drug firm eyes $2.2 bln Hong Kong IPO

2011-05-03T04:30:46Z

Shanghai Pharmaceuticals, one of China's biggest drugmakers, plans to raise as much as $2.2 billion in an initial public offering ahead of its market listing in Hong Kong this month.

The company will sell 664 million shares in a price range of HK$21.80-HK$26.00 ($2.81-$3.35) per share ahead of its May 20 listing, China's largest automaker served notice to global brands at the start of the Shanghai auto show: within five years his cars will be just as well known.

"Our brands such as Roewe and MG will have a reputation and fame similar to the international brands like Buick and Volkswagen," by 2015, STOCKHOLM (Reuters) - First quarter results from Ericsson look set to benefit from a recovery in the global network gear market that could help soften any impact on its supply chain from the earthquake in Japan

Japan Livedoor tycoon Horie to be jailed

2011-04-26T09:30:20Z

Japan's brash Livedoor Internet tycoon Takafumi Horie will be jailed after losing his final appeal against a conviction for accounting fraud, a judicial official said on Tuesday.

Horie, 38, was sentenced to two-and-a-half years by the Tokyo district court in 2007 for falsely reporting a pre-tax profit of five billion yen ($61 m...

Barrick Gold to buy Equinox, topping Chinese bid

2011-04-25T14:30:29Z

Canadian miner Barrick Gold said Monday it had struck a deal to buy Equinox Minerals, topping a rival bid from China's Minmetals Resources.

Barrick, the world's biggest gold miner, said it was offering CAN$...

India's Reliance net profit up 14 percent

2011-04-21T15:30:59Z

India's largest private sector firm, Reliance Industries, Thursday reported its biggest-ever profits, but the rise lagged behind expectations thanks to lower-than-expected refining margins growth.

The energy giant said net profit rose 14.1 percent to 53.76 billion rupees ($1.2 billion) for the three months ended March, from 47.10 billion rupees a year ago.

China's mining companies begin moving overseas

2011-04-14T19:30:13Z

"In five years' time, when you talk about the major diversified global mining houses, there will be at least one or two that will be based in China"

Not long ago, I wrote about how Chinese oil companies like PetroChina (NYSE: PTR) and CNOOC Ltd. (NYSE: CEO) are shifting their f...

Critics: blocked SGX tie-up may hurt Australia

2011-04-10T03:30:10Z

When Australian Treasurer Wayne Swan declared his decision to reject Singapore's proposed takeover of the local bourse a "no brainer", critics fear he may have scared off future Asian investment.

The Australian Securities Exchange (ASX)

Equinox brands China miner's takeover bid 'opportunistic'

2011-04-08T01:30:17Z

Australian copper miner Equinox Minerals on Friday broke its silence on a takeover bid by China's Minmetals Resources, calling it "opportunistic" and "lowball".

Earlier this week, Minmetals said it would offer US$6.5 billion for Equinox in what would be the biggest Chinese takeover of an...

Boards play it safe as new M&A cycle begins

2011-04-04T05:30:17Z

LONDON (Reuters) - A nascent recovery in global dealmaking, focused on safer deals with clear strategic logic, probably marks the start of several years of rising mergers and acquisitions, senior bankers told the Reuters Global M&A Summit.

Still, while company earnings and balance sheets are strong, bankers said economic fragility, natural disaster, and political tumu...

China's Minmetals offers $6.5 billion for Equinox to feed

2011-04-04T03:00:08Z

MELBOURNE (Reuters) - Minmetals Resources <1208.HK>, China's biggest metals trading firm, on Monday offered $6.5 billion to buy Equinox Minerals

General Motors' China sales growth slows sharply

2011-04-02T11:30:14Z

General Motors, the biggest overseas automaker in China, says its sales growth in the world's largest car market slowed sharply year-on-year in the first quarter.

The US auto giant said it sold 685,583 vehicles over the first three months of 2011, exactly 10 percent more than during the first three months of 2010.

GM said it sold 233,014 vehicles in Ch...

India eases foreign investment rules

2011-04-01T04:30:38Z

India has eased regulations governing foreign companies and their Indian joint venture partners as it seeks to halt a decline in direct foreign investment.

Foreign companies with an existing joint venture in India will no longer need the local partner's permission if they want to set up a wholly-owned subsidiary in the same field of business, a government statement said late Thursday.

The move will "promote the competitiveness of Indi...

Two of top Philippine telecom players merge

2011-03-29T13:31:07Z

Philippine Long Distance Telephone and a key rival announced a 69.2 billion-peso ($1.59 billion) merger on Tuesday amid intense competition and falling profits.

PLDT chairman Manuel Pangilinan said his company would acquire a 51.5 percent stake in Digital Telecommunications Philippines

Santander agrees joint venture with China's CCB

2011-03-28T07:30:48Z

Banco Santander and the China Construction Bank (CCB) have agreed to a joint venture that will give the Spanish banking giant a presence in the Asian nation, a Spanish business daily reported Monday.

"Santander has arrived in Ch...

BHP to invest billions in Australian iron ore, coal

2011-03-25T04:30:15Z

Mining giant BHP Billiton said Friday it will pour almost $13 billion into expanding its coal and iron ore operations in Australia, key commodities that are driving the boom in Asian economies.

The cashed-up resource giant's huge spending spree will see investment in mine and rail projects across the country as well as new equipment as it moves to meet ever growing de...

Global crises to soften M&A near-term after strong Q1

2011-03-24T17:30:08Z

PHILADELPHIA/LONDON (Reuters) - This year is set to be a blockbuster for deals, exemplified by mega acquisitions such as T-Mobile USA or ...

IBM to pay $10 million to settle Asian bribe case

2011-03-18T17:30:14Z

IBM has agreed to pay $10 million to settle charges it gave cash and gifts to Chinese and South Korean officials to win contracts for mainframe and personal computers and other products.

The agreement with the US Securities and Exchange Commission (SEC) calls for the US computer titan to...

Tokyo, Osaka bourses to discuss merger

2011-03-10T14:30:54Z

Japan's two major stock exchanges in Tokyo and Osaka are considering joining forces, amid a flurry of similar activity globally as some of the world's largest bourses embrace the urge to merge.

The head of the Tokyo Stock Exchange (TS...

Insurer Prudential eyes Asian growth after doubling profits

2011-03-09T16:30:25Z

British insurance giant Prudential declared Wednesday that Asia remains a priority, despite its failed takeover bid for the Asian arm of US insurer AIG, as it revealed a doubling of annual net profits.

Prudential, which unsuccessfully bid $35.5 billion for AIA in last year, said profits after tax rallied to £1.43 billion (1.67 billion euros, $2.31 billion) in 2010.

That comp...

China's Bright Food talks up Yoplait bid

2011-03-04T14:30:41Z

China's Bright Food Group has said a tie-up with France's Yoplait would bring expansion opportunities in the massive Chinese market, as it promotes a bid for a stake in the French company.

Bright Food has been rebuffed in a number of efforts to expand ...

Exclusive: Twitter co-founder says not in stake sale talks

2011-03-03T00:30:13Z

SEOUL (Reuters) - Biz Stone, the co-founder of popular microblogging site Twitter, denied a report that the firm was in talks to sell a $450 million stake of the company to a General Motors said Wednesday that its sales in China, the world's largest car market, jumped 34.4 percent year-on-year in February to set a new record for the month.

The US auto giant said in a statement that with its Chinese joint ventures it sold 184,498 vehicles in the country last month, although this was well below the all-time monthly high of 268,071 ...

AMP, AXA deal wins shareholder approval

2011-03-02T05:30:39Z

An Aus$13 billion merger that will create a "fifth pillar" in Australian banking moved a step closer Wednesday as minority shareholders in AXA Asia Pacific approving the tie-up with AMP.

Australia's AMP wants to buy AXA Asia Pacific, integrate its Australian and New Zealand<...

Australia approves AMP's AXA merger

2011-03-01T07:30:51Z

Australia Tuesday approved finance firm AMP's proposed acquisition of the Australian and New Zealand businesses of AXA Asia Pacific, saying the new entity would be a strong competitor to major banks.

Treasurer Wayne Swan said his...

GM's Shanghai venture to recall 233,000 cars

2011-02-28T12:30:40Z

One of General Motors' key auto joint ventures in China will recall nearly 233,000 cars to fix fuel line problems that could stall engines or spark fires, the country's product safety agency said Monday.

The recall covers 133,074 Regal sedans made by

Britain's Tesco in China shopping mall venture

2011-02-28T08:30:31Z

Top British supermarket chain Tesco said Monday it is setting up a joint venture with Asian investors to develop shopping malls in China, the ultimate market for global retailers.

Tesco said 50 percent of the joint venture will be owned by a consortium of leading Asian investors including Singapore's China's Tianma Micro-Electronics.

It will sell a 70-percent stake in its NEC LCD Technologies to the Avic International Group that owns LCD panel maker Tianma.

The NEC subsidiary, based in Kawasaki near Tokyo

McDonald's selling stake in Indian JV: report

2011-02-20T20:00:04Z

MUMBAI (Reuters) - McDonald's Corp is selling its 50 percent stake in one of its Indian joint ventures to the local partner for an undisclosed amount and converting it into a franchisee operation, the Economic Times reported on Monday.

The world's biggest restaurant...

BM&FBovespa says not in merger talks with CME

2011-02-18T06:00:22Z

SAO PAULO (Reuters) - Brazilian exchange operator BM&FBovespa is not in merger talks with CME Group but expects its partnership with the Chicago-based exchange operator to expand in the near future, BM&FBovespa Chief Executive Edemir Pinto said on Friday.

<...

Australia's AMP profits down as AXA merger looms

2011-02-16T19:30:30Z

Australia's AMP on Thursday said its profits had been hit by lingering retirement investment caution after the global financial meltdown, but merger plans with AXA Asia Pacific remained on track.

AMP, which combines financial, wealth management and banking services, said full-year underlying profits -- its preferred measure -- for 20...

BHP profit up 72% on emerging market demand

2011-02-16T08:30:22Z

The world's top miner BHP Billiton Wednesday said half-year net profits surged 72 percent to $10.52 billion as emerging markets snap up raw materials and the West edges out of its economic slump.

BHP, which was foiled in takeover plans for Canadian fertiliser giant Potash Corp. and an iron ore merger with arch-rival

Steel deal sets example for Japan Inc say analysts

2011-02-13T20:30:18Z

The proposed merger of two Japanese steel giants is a sign of an industry looking to reassert itself and an example to Japan Inc. that restructuring is crucial to take on competition, say analysts.

Japan's biggest steelmaker Nippon Steel and third-ranked rival BEIJING, Feb 12 (Reuters) - China will launch a state-level investment review body to check that merger and acquisition deals struck by foreign firms in one of the world's fastest-growing economies do not endanger "national security," Sapporo Holdings will turn soft drink maker Pokka into a subsidiary to boost its beverage business amid a shrinking domestic market, the two companies said Thursday.

The 21.27 billion yen ($257 million) deal comes at a time of heightened merger and acquisition activity in Japan's beverage market as companies grappling with a declining population at hom...

Exchange tie-ups put focus on Asia

2011-02-09T21:30:22Z

SYDNEY/SINGAPORE (Reuters) - A wave of stock exchange consolidation globally has thrown the spotlight on Asia's bourses, sparking a rally in shares of Australia's ASX, which is trying to convince politicians to support a $7.9 billion takeover bid from ...

General Motors China sales up 22.3% in January

2011-02-09T06:30:23Z

General Motors said Wednesday that its sales in China, the world's largest car market, jumped 22.3 percent year-on-year in January to set a new monthly record.

The US auto giant said in a statement that with its Chinese joint ventures it sold 268,071 vehicles in the country last month, topping the previous monthly record of 230,038 set in March 2010.

G...

Japan steel shares soar on merger plan

2011-02-04T05:31:00Z

Japanese steel shares soared Friday after the country's biggest steelmaker Nippon Steel and rival Sumitomo Metal Industries unveiled a merger plan to create the world's second-largest steel firm.

Nippon Steel and third-ranked Sumitomo Metal announced Thursday that they plan to achieve the tie-up by 2012, which wo...

Obama meets Indian national security advisor

2011-01-29T16:30:21Z

President Barack Obama met India's National Security Advisor Shivshankar Menon, who was in town to discuss agreements reached during the US leader's India visit, officials said Saturday.

Obama dropped in on a meeting between his own

Lenovo and NEC in Japanese joint venture to sell PCs

2011-01-27T02:31:48Z

HONG KONG (Reuters) - Lenovo, the world's No. 4 PC brand, will invest $175 million with NEC Corp to form a joint venture to sell personal computers in Japan, it said on Thursday, as it prepares to take on bigger rival...

Gold, silver and China's moves into U.S. banking

2011-01-26T19:30:15Z

China signed a deal to acquire retail bank branches in the U.S for the first time. Now U.S. residents can transfer their savings from cheap U.S. dollars to the strengthening Yuan.

It was I who coined a term “Chinamese Twins” for my readers.
In keeping with that theme, I noted that two separate dinners were to be held at the Tokyo Electric Power will team up with the Japanese government to build one of the world's largest solar power stations in Bulgaria, according to a report.

The plant will be built in the eastern city of Yambol by March 2012 at a cost of more than 100 billion yen ($1.2 billion), Japan

GE says China deals to bring $2 billion in sales

2011-01-19T11:00:16Z

NEW YORK (Reuters) - Five deals that General Electric Co signed with Chinese partners this week will generate more than $2 billion of revenue over the next decade for the U.S. conglomerate, including about $1 billion of exports from the Uni...

Campbell Soup in joint venture to expand in China

2011-01-12T07:00:31Z

CHICAGO (Reuters) - Campbell Soup Co said it would form a joint venture with Swire Pacific Ltd <0019.HK> to expand the reach of its business in China....

China OKs JPMorgan, Morgan Stanley joint ventures

2011-01-06T23:30:08Z

HONG KONG (Reuters) - Chinese securities regulators on Friday approved the joint ventures of J.P. Morgan Chase & Co and Morgan Stanley , bringing the banks a step closer toward operating securities businesses in

AT&T added 50 percent more China clients in 2010

2011-01-06T03:00:05Z

HONG KONG (Reuters) - AT&T <T.N> has increased the number of clients it has in the Greater China region by about 50 percent in the past year, a senior executive said on Thursday, and is now looking to target privately run Chinese companies.

AT&T now counts over 600 companies as its clients in China,

GM China sales hit record high in 2010

2011-01-04T09:30:53Z

US auto giant General Motors said Tuesday that its sales in China, the world's largest car market, increased 28.8 percent year-on-year in 2010 to a new annual record of 2.35 million vehicles.

Its manufacturing joint ventures and major brands all set new annual sales marks, the company said in a statement.

"GM kept pace with the needs of our customers b...

US firm fined 1.7 mln for bribing China officials

2010-12-11T18:30:33Z

The California-based gas-detection device maker RAE Systems Inc agreed to pay a 1.7 million dollar fine for making "improper payments" to Chinese officials, the Justice Department said Friday.

The payments were made to "foreign officials in the PRC (This as a China investment generated much speculation Wednesday

'+company+ ' (TSX: '+exchange+'.'+symbol+', Stock Forum)'+percent+'

Stockhouse Canadian Small and Micro-cap Stock Report for ...

Singapore merger 'unequivocally' good for Australia: ASX

2010-12-04T06:30:17Z

Australia's stock exchange chief lauded a proposed multi-billion-dollar merger with Singapore's bourse, saying the nation was "indebted" to Asia and should seek greater regional integration.

Robert Elstone, chief executive of the SHANGHAI (Reuters) - Groupon announced a handful of deals on Wednesday to expand its presence in Silicon Valley and in Asia, as Hong Kong.

The Long Term Evolution (LTE) network will give super high speeds across the city and could mean the end of computers ever needing to be plugged into a wall for a connection to the net.

The so-called "fourth generation" system is being rolle...

Hana agrees to $4.1 billion KEB deal

2010-11-24T22:00:24Z

SYDNEY/SEOUL (Reuters) - Hana Financial <086790.KS> agreed to buy a 51 percent stake in Korea Exchange Bank <004940.KS> for $4.1 billion in the nation's biggest banking deal, nippi...

General Motors Unveils New Chinese Baojun Bra...

2010-11-29T14:30:31Z

...

Medtronic CEO Discusses Q2 2011 Results - Earnings Call Transcript

2010-11-29T14:50:02Z

...

Aoxing Moves Closer to Commercial Production of Narcotic Drug

2010-11-29T14:49:59Z

...

China, Botswana sign economic deals

2010-11-21T17:30:23Z

A Chinese delegation led by Vice President Xi Jinping signed several agreements with Botswana on Sunday to further strengthen ties between the two countries.

The two countries signed an agreement on economic and technical cooperation with a grant of around six million dollars (4.4 millions euros), as well as other accords on infrastructure and energy development.

"Through this ...

Text of China-Angola joint statement on forming strategic partnership

2010-11-29T14:45:19Z

...

South Korea Koreas Clash

2011-01-05T01:31:08Z

South Korean Foreign Minister Kim Sung-hwan, right, shakes hands with U.S. special envoy on North Korea, Stephen Bosworth before their meeting at the Foreign Ministry in Seoul Wednesday, Jan. 5, 2011. (AP Photo/Jung Yeon-je, Pool)

Pakistan Violence

2011-01-04T15:00:59Z

Troops of Pakistan's para military force stand guard outside a local hospital where Punjab's governor Salman Taseer's dead body was brought in Islamabad, Pakistan on Tuesday, Jan. 4, 2011. The governor of Pakistan's powerful Punjab province was shot dead Tuesday by one of his guards in the Pakista...

APTOPIX Pakistan Violence

2011-01-04T14:32:37Z

Supporters of Pakistan People's party mourn death of Punjab's governor Salman Taseer who was shot dead by one of his guards, outside a local hospital in Islamabad, Pakistan on Tuesday, Jan. 4, 2011. The governor of Pakistan's powerful Punjab province was shot dead Tuesday by one of his guards in ...

Australia Tennis Hopman Cup

2011-01-04T06:30:53Z

Serbian Novak Djokovic plays a backhand during his match against Kazakhstan's Andrey Golubev on day two of the Hopman Cup team tennis tournament in Perth, Australia, Sunday, Jan. 2, 2011. (AP Photo/Steve Wake)

...

South Korea US Koreas Clash

2011-01-04T02:30:23Z

Stephen Bosworth, US special representative for North Korea policy, talks to reporters upon his arrival at Incheon international airport, west of Seoul, Tuesday, Jan. 4, 2011. Bosworth arrived in Seoul for talks on North Korea's nuclear...

The latest in Asia

Eurocopter partner strategy wins China order

Google, KKR to invest in California solar projects

China Gas says takeover bid fails to reflect value

China approves Nestle bid for local sweetmaker

Saab rejigs China takeover deal in bid for GM approval

Reliance, Bharti call off talks on insurance purchase

Tokyo, Osaka bourses to merge in 2013

China food chain shares up after buyout gets OK

SEC OKs tougher listing rules for reverse mergers

Olympus panel aims to hear ex-CEO; need at least month

China's possible Canadian energy takeover targets

India plans new telecom policy to allow for mergers