Foreign companies in China are concerned that a new social security tax on expatriate workers will raise business and living costs and leave payers unable to claim benefits, a survey by the American Chamber of Commerce showed on Wednesday.
Denmark's Novozymes A/S , the world's leading industrial enzyme producer, is now in talks over a series of projects that will boost its presence in China's growing biochemical sector, a company executive said on Wednesday.
South Korea said on Wednesday it had asked China for security guarantees at its Beijing embassy after the building was hit by a small projectile as tensions run high after the killing of a South Korean coastguard by a Chinese fisherman.
Thousands of residents of a south China village rallied on Wednesday in defiance of police who sealed off the area to contain a long-running feud over land grabs and anger over the death of a village leader in police custody.
China on Wednesday dangled the prospect of more trade and economic incentives for Taiwan ahead of elections there next month, but warned the pro-independence opposition closer ties would be at risk if it did not change its stance.
Chinese wines took the top four places in a China vs Bordeaux blind tasting competition on Wednesday, but it wasn't exactly a thrashing of the world's most elite wines by Chinese upstarts.
India's economic gloom deepened on Wednesday as figures showed a record low rupee is adding to Reserve Bank of India's (RBI) inflation headache and an adviser to the prime minister said there was little that could be done to check the currency's slump.
The Internet must be subject to reasonable regulation, the head of Russia's Security Council said in remarks published on Wednesday, a fresh sign of Kremlin concern about the use of social networks to promote anti-government protests.
Worries that India's evolution into an economic superpower may be overhyped and signs the government may lack the will to further dismantle a protectionist legacy drove India-themed funds to the bottom of performance league tables in November.
A shift in the global military balance is one of the inalienable fallouts of the economic winter experienced by the Western world. While military spending in the U.S., the reigning super power, is increasingly coming under a scanner, the extended defense holiday in Europe signals that the continent’s global influence is on irreversible decline.
China pledged to guarantee growth in the face of an extremely grim outlook for the global economy in 2012, rounding off its annual policy-setting conference on Wednesday with a series of commitments to deliver economic stability.
The looming new year may well bring as much financial turbulence as tumultuous 2011 but global investors reckon panic is no longer an option and just protecting your money will require taking on at least some risk.
South Korean women, who were forced into sexual slavery during the World War II, held their 1,000 weekly protest outside the Japanese embassy in Seoul.
India's wholesale prices rose more than expected in November, leaving inflation stubbornly high and suggesting the RBI would hold rates steady at its review on Friday even as worries grow over the health of the economy.
China pledged to guarantee growth in the face of an extremely grim outlook for the global economy in 2012, as its annual policy-setting conference closed on Wednesday with a series of commitments to deliver economic stability.
Demand for luxury menswear has exceeded that in the Womenswear sector possibly triggered by increased sales in the male-dominated market in China, according to an analysis.
China will maintain prudent monetary and proactive fiscal policies in 2012, the official Xinhua news agency said as the country's top economic policy-setting conference closed its annual meeting on Wednesday.
Online gaming firm Nexon Co, an Asian rival to U.S.-based Zynga, slipped lower on its first morning of trading on Wednesday, following its $1.2 billion IPO, Japan's biggest this year.
Online gaming firm Nexon Co, a fast-growing Asian rival to U.S.-based Zynga, opened up slightly at 1,307 yen on its Tokyo trading debut on Wednesday, following its $1.2 billion IPO, Japan's biggest this year.
China will consider turning to the Seychelles as a resupply port for navy ships taking part in anti-piracy operations off Africa, official media said, rejecting suggestions this would amount to a military base that could unsettle the region.
The world No. 2 mobile telecom equipment maker Nokia Siemens Networks will start to gradually ramp down its business in Iran, pressured by tightening international sanctions.
Activist investor Daniel Loeb, who already owns 5.2 percent of Yahoo, sent another letter to the company. This time, he demanded to see a list of prospective bidders.
