CHINA

China's credit risk is probably much worse than the official non-performing loan (NPL) data suggests, according to Société Générale's China macro strategist Wei Yao.

The state-controlled Air Koryo has a fleet of about thirty, mostly older Russian-made aircraft, and flies to 14 foreign airports in six countries -- including, of all places, Kuwait.

Asian stock markets declined Thursday as the disappointing Japan retail sales data and the fading hopes for fresh measure by the Fed Reserve weighed on the sentiment.

In a speech that strongly criticized President Barack Obama's foreign policy record without ever mentioning his name, former secretary of state Condoleezza Rice addressing the Republican National Convention Wednesday said, U.S. "cannot be reluctant to lead."

A gas explosion at a coal mine in Southwest China Wednesday afternoon killed 19 miners and trapped dozens more, Xinuha reported.

The Nikkei share average plunged Thursday on concerns that Ben Bernanke, the U.S. Federal Reserve chairman, will not announce imminent stimulus from the Fed in a key speech on Friday.

Asian shares hit a one-month low on growth concerns Thursday as investors await indications of further U.S. stimulus from the U.S. Federal Reserve Chairman Ben Bernanke’s on Friday. Meanwhile, the major currencies were range-bound.

The central government has approved a ?230 billion plan to spur electric and hybrid vehicle production over the next eight years, setting itself an ambitious target of 6 million vehicles by 2020.

Asian markets fell Thursday as investors' concerns about the weakening global economy was revived by the declining Japanese retail sales and disappointing South Korean manufacturers' confidence data.

John McCain's convention speech, which blasted Obama's foreign policy, reeked of American exceptionalism and broadly encouraged the United States to make itself the world's policeman.

North Korean and Japanese officials meet for the first time in four years, but solutions to core issues blocking normal diplomatic relations remain far off.

Given the magnitude of the Mumbai attacks, many in India would like to see Qassab executed.

The U.S. economy expanded slightly faster than initially thought in the second quarter, but the pace of growth is still too slow to create enough jobs and drive down the unemployment. Economists are forecasting even slower growth in the second half of 2012, which will probably keep expectations of additional monetary stimulus from the Federal Reserve intact.

The last time the nations participating in the Non-Aligned Movement (NAM) summit came under fire due to the host country's obvious anti-American stance was in 1979 when Cuba hosted the event. Iran, which is hosting the summit this year, has made sure that the summit, that usually doesn't generate substantial interest, is back in the limelight.

As the deepening sovereign debt crisis in Europe dampens air travel demands in the region, the world's two largest airplane makers, Boeing Co. (NYSE: BA) and Airbus S.A.S. (EPA: EAD), are now bringing their fierce competition to the Asia-Pacific skies.

Asian stock markets ended mixed Wednesday as investors remained in a waiting mode ahead of Federal Reserve Chairman Ben Bernanke’s speech at the Jackson Hole symposium.

Asian markets were mixed Wednesday as investors remained watchful waiting for policymakers around the world to announce stimulus measures to boost the faltering global economy.

China estimates a total national investment of 372 billion USD to be spent in the next three and a half years on improving energy efficiency, strengthening pollution control and expanding recycling economy.

Ford's Lincoln brand hasn't done well in the U.S. but the nation's No. 2 automaker aims for better luck in China where archrival GM gets a big share of the luxury car market with its Cadillac line.

The Egyptian president courts investment and talks to China's leaders about the biggest issue troubling the Arab world today -- and about what China can do to solve it

Do you look at a vacation as a guilty pleasure or a basic human right? The way you answer that question says a lot more about the country you come from than you may realize.