BEIJING - China's factory sector unexpectedly shrank for the first time in nearly 2-1/2 years in January and firms see more gloom ahead, an official survey showed, raising expectations that policymakers will take more action to forestall a sharper slowdown.
BEIJING - Authorities in China's Tibet will offer rewards up to 300,000 yuan ($48,000) for tips on "violent terror attacks", state media reported, in an effort to "promote stability" in the region beset by ethnic tensions.
SEOUL - South Korea's exports in January fell less than expected, but effects from a plunge in oil prices, a sustained slump in Europe and slowdown in China all clouded prospects for a turnaround in global demand.
BEIJING - China Minsheng Banking Corp said on Saturday that its president Mao Xiaofeng had resigned for personal reasons, hours after several Chinese media outlets reported he was being investigated by China’s anti-corruption watchdog.
BEIJING - A top police official under investigation for corruption has been expelled from China's ruling Communist Party, the country's top anti-graft body said on Friday.
BEIJING - State-backed China Minsheng Investment Co Ltd (CMI) plans to open a unit in Singapore with capital of $1.5 billion(0.99 billion pounds), and offices in London and North America with a similar sum, in line with a government push for companies to do more business abroad.
BEIJING - China's securities regulator said on Friday it will punish five fund management companies for faulty internal controls that led to insider trading, another move in a Beijing's widening crackdown on Chinese brokerages and fund managers.
TOKYO - The United States would welcome a Japanese extension of air patrols into the South China Sea as a counterweight to a growing fleet of Chinese vessels pushing China's territorial claims in the region, a senior U.S. Navy officer told Reuters.
GENEVA - China overtook the flagging United States to become the top destination for foreign direct investment (FDI) last year, according to the United Nations economic thinktank UNCTAD.
MANILA - The Philippines and Vietnam are forging closer ties in a symbolic move after China stepped up activities in disputed areas of the South China Sea, raising tension in the potential flashpoint.