Asia | featured news

Woes deepen in Europe and China; U.S. the bright spot

The euro zone's economic woes accelerated last month and China's slowdown looked likely to extend to a seventh quarter, surveys on Wednesday showed, while the United States proved the bright spot with better-than-expected news on services and jobs.

 

Philippines takes on Catholic church over birth control

Philippine President Benigno Aquino is squaring off against his country's powerful Catholic church in a bid to give people free access to the means to limit the size of their families. The predominately Catholic country has one of Asia's fastest-growing populations together with significant levels of chronic poverty. While neighbors have accelerated towards prosperity, the Philippines has lagged.

 

China Shows Continued Contraction in Manufacturing

A gauge of manufacturing activity in China rose slightly in September but remained in contractionary territory for the 11th consecutive month, indicating that the world's second-largest economy is still slowing.

 

Obama blocks Chinese purchase of US wind farms

Hu Jintao & Barack Obama

Citing national security risks, President Barack Obama on Friday blocked a Chinese company from owning four wind farm projects in northern Oregon near a Navy base where the U.S. military flies unmanned drones and electronic-warfare planes on training missions....

 

Wal-Mart to Apply to Open Stores in India

Wal-Mart Stores will in the next 45-60 days apply for the Indian government's permission to set up stores in the country, a spokeswoman for the U.S retail company's local joint venture said.

 

China says disgraced leader Bo expelled from party

Bo Xilai

China's communist leadership expelled Bo Xilai from the ruling party Friday and sought to bury him with charges ranging from corruption to sexual affairs, aiming to sweep away their most damaging scandal in decades while finally scheduling their long-awaited leadership transition for November.

 

China official says spat with Japan derails free trade talks

A festering territorial dispute between China and Japan has derailed talks for a free trade zone involving the two countries and South Korea, an adviser to China's central bank said on Thursday.

 

Japan’s Opposition Picks Nationalist Ex-Premier as Leader

Shinzo Abe

Shinzo Abe won the race to lead Japan’s Liberal Democractic Party, giving him a chance of regaining the nation’s top job.

 

China Says First Aircraft Carrier Entering Service

Chinese Aircraft Carrier

China formally entered its first aircraft carrier into service on Tuesday, underscoring its ambitions to be a leading Asian naval power, although the ship is not expected to carry a full complement of planes or be ready for combat for some time.

 

Ex-top cop in China scandal gets 15 years in jail

Former Mafia-busting police chief Wang Lijun faces 15 years behind bars after the second major criminal case in China's biggest political scandal in years concluded today. But the guilty verdict left the public and analysts guessing if the scandal's central figure, disgraced former leader Bo Xilai, will himself face trial.

 

Subscribe to this RSS topic: Syndicate content