Russian internet investment group Mail.ru raised its full-year revenue growth forecast to 50 percent from 40 percent on Wednesday after sales and profit rose at its social network, online gaming and e-mail activities in the first half.
Asia will add 1.66 million dollar-millionaires by 2015, taking the total number of wealthy to 2.82 million as the world's fastest-growing major economies of China and India continue to mint millionaires, a report from Julius Baer said on Wednesday.
Japan and South Korea reported surprisingly weak July factory output on Wednesday as global electronics demand faded, exposing Asia's vulnerability to a worsening U.S. and European economic slowdown.
It has been called the saint-seducing metal, with good reason.
India's full service airlines, buffeted by high fuel costs and intense competition, face new headwinds on their lucrative international routes as budget carriers launch services with rock-bottom fares.
eBay Inc expects sales from large exporters in China to maintain growth at 30-40 percent annually, with the e-commerce giant seeking acquisition opportunities as part of efforts to expand its footprint in the fast-growing market.
eBay Inc expects sales from large exporters in China to maintain growth at 30-40 percent annually, with the e-commerce giant seeking acquisition opportunities as part of efforts to expand its footprint in the fast-growing market.
eBay Inc expects sales from greater China to grow 30-40 percent annually from about $4 billion in 2010, with the e-commerce giant seeking acquisition opportunities as part of efforts to expand its footprint in the fast-growing market.
China is currently waging war on its unruly rare earths sector, with state inspection teams in the middle of a four-month campaign to crack down on illegal producers, processors and traders.
China's state-run news agency demanded on Tuesday that Internet companies, regulators and police do more to cleanse websites of toxic rumours, adding to signs that the ruling Communist Party wants to tame the explosion of freewheeling microblogs.
Hong Kong shares gained for a second-straight session on Tuesday, but trading was thin as investors stayed on the sidelines ahead of economic data releases from China and the United States this week.
After Jia Lin divorced twenty years ago, his wife got both house and son, leaving the Beijing cook with little more than a fresh start.
Seiji Ozawa, Japan's most famous conductor, will not take part in a music festival in China later this week, organizers said, with media reporting that he was in hospital in Tokyo for tests.
China Citic Bank Corp Ltd plans to sell up to $4.7 billion in offshore yuan-denominated bonds by 2013, indicating that issuers are lining up to sell debt in the territory after the authorities unveiled fresh reforms this month.
China will raise development targets for renewable energy such as wind power for the five-year period through 2015, state media reported on Tuesday, as the world's top energy user and carbon emitter aims to reduce its reliance on fossil fuels.
Hong Kong-listed shares of China Construction Bank Corp rose more than 4 percent on Tuesday after Bank of America Corp said it will sell about half of its 10 percent stake in the Chinese lender, providing relief to investors by removing uncertainty surrounding the stake.
China Mengniu Dairy Co Ltd , the country's top dairy product maker in which China private equity firm Hopu Investment Management owns a stake, on Tuesday posted a 27.6 percent rise in first-half net profit on solid sales growth, pledging to ensure product quality after a series of scandals tainted the industry's reputation.
Here's a bold prediction to feed Western worries that power is shifting inexorably to the East: China's yuan could overtake the U.S. dollar as the world's principal reserve currency as soon as next decade.
Officials believe that North Korean hackers are responsible for a cyberattack on a South Korean bank, the latest incident to underscore the potential of rogue nations to wreak havoc with cyberwarfare.
TSA arrested a man at Miami International Airport for attempting to board a flight with 7 snakes and 3 tortoises in his pants.
Hewlett-Packard Co may resurrect its TouchPad as it weighs a spinoff of its personal computer arm, the head of its PC division said, suggesting HP might revive a tablet that lasted just six weeks in the face of stiff competition from Apple Inc.
A Food and Drug Administration chemist and his son accused of making millions of dollars with inside information about drug approvals are close to reaching plea agreements, according to court papers.
