U.S. President Barack Obama said on Monday he sees momentum building for a Washington-backed free trade agreement in the Asia-Pacific, after arriving in Beijing on the first leg of an eight-day Asia tour.
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Air Lease CEO says oil price drop will not hurt demand for latest jets
Airlines are sticking with plans to buy the latest generation of fuel-saving passenger jets even though falling jet fuel costs have undercut the case for these planes, the head of one of the world's largest aircraft leasing companies said in an interview.
Iranians scream into pots at new contemporary art center
A contemporary art gallery in central Tehran is giving Iranians a chance to let out their frustrations by screaming into clay pots sculpted by a Vancouver-based artist, exhibiting in the country of his ancestors for the first time.
U.S. releases low 2015 Obamacare enrollment forecast
The U.S. administration on Monday dramatically cut expectations for 2015 Obamacare enrollment, saying it aims to have a total of 9.1 million people enrolled in government-backed federal and state health insurance marketplaces next year.
Alibaba Singles' Day sales hit new record as surge past $6 billion
Alibaba Group Holding Ltd (BABA.N) said more than $6 billion of goods have been sold so far during its annual Singles' Day online shopping frenzy, as customers jumped on heavily discounted goods to send sales surging past 2013's record high.
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If Shubham Banerjee cannot lay claim to being the world's youngest venture capital-backed entrepreneur, he comes very close. Banerjee was 12 years old when he closed an early-stage funding round with Intel Capital, the company's venture capital arm, last month for his prototype for a low-cost Braille printer.
Japan's SMBC Aviation Capital has bought 80 Boeing Co (BA.N) 737 Max planes, the largest order from an aircraft lessor for the upgraded variant of the narrow-body jet.
South Korea's Samsung Electronics Co Ltd (005930.KS) has applied for a license to invest $3 billion in building a second smartphone factory in northern Vietnam, a government official said on Monday.
Japanese electronics conglomerate Panasonic Corp is considering M&A deals as a way to bolster its position in the European white goods market, its chief executive said on Monday.
KKR & Co (KKR.N), which led the acquisition of oil and gas producer Samson Resources Corp for $7.2 billion in 2011 and has already sold almost half its acreage to cope with lower energy prices, plans to sell its North Dakota Bakken oil deposit worth less than $500 million as part of an ongoing downsizing plan, according to people familiar with the matter.
An oil field in southwest Libya has closed down, officials said on Sunday, becoming the third oil facility in the chaotic country to shut within a week.
Geely-owned Volvo Car Group said on Sunday it had begun production of its best-selling XC60 crossover at its plant in Chengdu, taking a further step toward supplying locally-produced cars in China as well as opening the door to overseas exports.
The Bank of Japan Governor not only surprised the markets with his latest splurge of monetary easing. He sprang it on his own board members just two days earlier, jolted into action to stop them making a low-ball forecast that might have sunk his flagship inflation target.
India will push ahead with reform to a land purchase law blamed by business for slowing industrial projects, even if there is resistance to loosening the rules, Finance Minister Arun Jaitley said on Sunday.
