The real estate investment arm of U.S. bank Morgan Stanley (MS.N) aims to sell a Shanghai office building for around 2.5 billion yuan ($366 million) to a Hong-Kong-listed developer, sources said on Tuesday.
Asia-focused bank Standard Chartered unveiled a surprise 1 billion pound ($1.7 billion) fundraising on Tuesday as it beat expectations with a record mid-year pretax profit.
A yet-to-be-completed factory building collapsed in a severe thunderstorm Tuesday in northern China, killing 17 and injuring three, but journalists were hindered to report on it, local media said.
Severe rain, which has been lashing China's southwest Chongqing since Sunday, has killed one person and affected 117 towns and 380,000 people as of 6:00am Tuesday. Four people reported missing have still not been found.
Global private equity funds have found a window of opportunity to invest in Taiwan's financial sector, making acquisitions with the hope of turning a profit when the market opens to China Inc in the years to come.
Former U.S. President Bill Clinton made a surprise visit to North Korea on Tuesday to try to win the release of two jailed American journalists, and met the country's reclusive leader Kim Jong-il.
Chinese police have detained 718 people suspected of involvement in deadly ethnic rioting in northwestern Xinjiang region last month, the official Xinhua agency said on Tuesday.
HSBC Holding Plc, Europe's biggest bank, is in talks to set up an investment banking joint venture in China, a senior bank executive said, adding that acquisition prospects in Asia are too expensive and that the bank will focus on organic growth.
Australia and New Zealand Banking Group Ltd (ANZ) and Standard Chartered Plc lined up opportunistic buys in Asia, seeking growth in a region expected to lead the world out of recession.
Former U.S. President Bill Clinton made a surprise visit to North Korea on Tuesday to try to win the release of two jailed American journalists, a move some analysts said could mark the isolated state's return to talks over nuclear weapons.
Small-capped Australian iron ore miners say it is business as usual with Chinese steelmakers despite protracted negotiations between China and mining giants Rio Tinto and BHP Billiton to settle an annual benchmark price.
The semi-official China News Service quickly withdrew a report on Tuesday that said China had suspended iron ore negotiations with Australian miners, offering no further insight on the status of fraught price talks.
Asian stocks hit an 11-month high on Tuesday before profit taking pulled them back, while the Australian dollar also pared gains after the country's central bank left interest rates unchanged but offered no clues on when tightening would begin.
Asian stocks climbed to an 11-month high on Tuesday on hopes a V-shaped recovery may be forming in the United States, while the Australian dollar hit its highest since late September after solid housing and retail sales data.
Nokia's distributors in China are growing angrier at the Finnish phone giant as 280 distributors from 15 provinces gathered at Beijing in protest, and appeal to the government.
Australia and New Zealand Banking Group Ltd has agreed to pay about $550 million to buy some Asian units from British lender Royal Bank of Scotland, building up its Asia presence.
With rumors that China Unicom might be soon ink a formal deal with Apple to bring the iPhone to China as early as September, China Mobile, the rival, will also speed its new OPhone to the huge Chinese market.
Gong Fangxiong, chief economist for the Greater China region and head of the China Research Department at JPMorgan Chase Co., has been appointed as deputy chairman of the JP Morgan Chase's China investment bank, according to local media Caijing.
A plan to increase U.S. troops in Colombia is drawing opposition not just from left-wing populist leaders in the region but from the moderate governments of Brazil and Chile as well.
Oil rose more than 3 percent to above $71 a barrel on Monday as positive manufacturing data in the United States and China raised optimism for an economic recovery that could bolster energy demand.
Oil rose more than $2 a barrel to hit a one-month high above $72 on Monday as positive manufacturing data in the United States and China raised optimism for an economic recovery that could bolster energy demand.
Senior officials from Apple Inc will visit China to restart top level negotiations with China Unicom on iPhone's entry into the huge Chinese market, local media outlet Sina.com reported on Tuesday morning local time.
