Japanese Finance Minister Taro Aso said on Sunday his country's government will increase investment in Asian infrastructure at a meeting of the Asian Development Bank (ADB), according to Kyodo News.
Tags: China
Energy, transport deals on the agenda as China's Xi visits Russia
Energy, transport and finance deals are likely to be on the agenda as Chinese President Xi Jinping meets his Russian counterpart Vladimir Putin during a three-day visit to Russia, where he will attend World War Two commemorations.
Bombardier preparing to list minority stake in rail unit B
Bombardier Inc outlined plans to list a minority stake in its rail unit on Thursday, as it reported a quarterly profit that topped market expectations. The initial public offering is expected to take place in the fourth quarter and the main listing is likely to be in Germany, where its rail business is headquartered.
China sets rules to lure private investment in infrastructure
China has put in place rules to protect private investors and expand opportunities in infrastructure and utility projects, the country's top planning agency said on Tuesday, as the government seeks help revitalizing a stuttering economy.
U.S. trade data points to first-quarter economic contraction
A surge in imports lifted the U.S. trade deficit in March to its highest level in nearly 6-1/2 years, suggesting the economy contracted in the first quarter.
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Billionaire investor Daniel Loeb said on Friday his hedge fund has taken a new position in Yum! Brands (YUM.N), sending the fast-food restaurant company's stock up nearly 7 percent.
China's factories stayed stuck in the slow lane in April while Japanese output went into reverse and South Korea suffered its worst export performance in two years, adding urgency to calls for more state stimulus in all three economies.
Beijing authorities have fined U.S.-based J.R. Simplot's China processing unit, which supplies frozen french fries to McDonald's Corp, 3.92 million yuan ($632,370) for water pollution, state media and Simplot said.
China's biggest lender by assets, Industrial and Commercial Bank of China, said on Wednesday it had signed an infrastructure pact worth $2 billion with the oil-rich west African nation of Equatorial Guinea.
China overtook France last year as the world's second largest wine grower by area under cultivation as it continued to plant vast fields of mostly imported grape vines to meet growing demand.
U.S. Agriculture Secretary Tom Vilsack on Monday asked China to drop a ban on imports of U.S. poultry imposed because of an outbreak of bird flu in chickens and turkeys.
Apple reaped 71% (US$16.8 billion) revenue of the iPhone 6 and iPhone 6 Plus from China. It is expected that the iPhone 7 will continue this momentum as its release is speculated to be this year coming out with wireless chargine, VoLTE, and many more.
Apple Inc (AAPL.O) beat Wall Street's revenue and profit forecasts on Monday as it sold more iPhones in China than the United States for the first time, but the company gave no sales figures for its new Apple Watch.
One by one, Japan is turning off the lights at the giant oil-fired power plants that propelled it to the ranks of the world's top industrialized nations. With nuclear power in the doldrums after the Fukushima disaster, it's solar energy that is becoming the alternative.
