Bank of Nova Scotia (BNS.TO) said on Friday it will buy a near 20 percent stake in Bank of Guangzhou for about C$719 million ($722 million) to expand its footprint in China, becoming the latest foreign bank to invest in a Chinese bank before the bank does an IPO.
[Romania] has no information whatsoever showing that there existed secret CIA detention centers on its territory, the Foreign Ministry stated, responding to allegations that the country hosted secret black sites, where terror suspects were tortured.
Toyota Motor Corp <7203.T> is working to create a robust supply chain that would recover within two weeks in the event of another massive earthquake like the one on March 11 that is still affecting output after six months, a top executive said.
The Council of Europe's Human Rights Commissioner Thomas Hammarberg demands that European governments come clean about hiding the CIA's secret prisons.
With Samsung, Apple and Motorola delaying the launch of any high-end smartphone, and with Samsung battling out their dispute with Apple, HTC sneaked through with many smartphones from the beginning of this year.
Eighty-five percent of U.S. companies in Southeast Asia plan to expand their business as the region will become more important in the next two years, the American Chamber of Commerce in Singapore said on Monday.
Slumping export demand slowed factory activity in some of Asia's biggest economies in August, although China fared better thanks to solid domestic growth, a series of surveys released on Thursday showed.
A stunt double who worked on the set of The Hangover Part 2 is suing Warner Brothers, claiming that he incurred brain damage while filming the comedy -- and no, it wasn't incurred from drinking massive amounts of booze.
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.
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.
The United Nations on Monday urged greater preparedness and surveillance against a possible resurgence of bird flu, warning that the new mutant virus H5N1 - 2.3.2.1 might affect Asia the most.
Australia midfielder Brett Emerton is expected to play his last game for English Premier League club Blackburn Rovers against Everton Saturday before he heads home to play for Sydney FC in the top-flight A-League.
Gold bounced back on Wednesday after suffering its worst setback in 18 months, as risk appetite retreated on Japan's debt rating downgrade, while oil and metals were supported by hopes the U.S. would inject fresh stimulus to boost the economy.
Gold rebounded more than 1 percent Wednesday after posting its biggest drop in 18 months, as risk appetite retreated after Moody's downgraded Japan's debt rating and strong buying interest in Asia's physical market lent support.
Thailand is home to thousands of people who were born in the country, but are not citizens. Most are members of Thailand's northern hill tribes who, without citizenship, are forced into lives of poverty.
Vietnam's central bank has authorized at least one domestic firm to import more gold to help cool soaring prices and state-run newspapers said it may open the market to unlimited imports to narrow the gap between local and world quotes.
Gold demand fell in the second quarter but is still expected to rise in the full year as Asian buyers add to holdings and interest in the metal as a haven is stoked by worries over U.S. and euro zone debt, the World Gold Council said on Thursday.
Gold demand fell in the second quarter but is still expected to rise for the full year as Asian buyers add to holdings and investors shift to it as a safe haven, the World Gold Council said Thursday.
The euro wobbled Wednesday after French and German leaders failed to deliver a solution to the euro zone debt crisis and restore confidence after a global market rout, while Japanese shares fell, dragged down mainly by hi-tech.
Here are three reasons to buy gold, even if it means selling some stocks or bonds to get the money for such an investment.
Barclays Capital is forecasting the price of gold to exceed $2,000 per ounce next year as sovereign debt risks intensify, broad investment demand accelerates and central bank buying of the yellow increases.
Spot gold held onto gains made in the previous session on Tuesday, but hopes that a Franco-German summit will make progress to help quell the region's sovereign debt crisis are expected to keep a lid on prices.
