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Economy

Indonesia's largest automotive company gets loans

2010-12-02 16:56

PT Astra International, Indonesia's largest automotive company, got loans of $200 million from a banking syndication, consisting of 22 local and international banks, Kompas.com online news reported on Thursday.

Foreign firms' path to A-share eased

2010-12-02 07:56

Chinese authorities are accelerating the process to allow overseas companies to float shares in the domestic A-share market as a way to ease the country's mounting pressure of "hot money" inflows.

China-Japan-ROK free trade talks 'set for 2012'

2010-12-02 07:03

Free trade agreement (FTA) talks among China, Japan and the Republic of Korea (ROK) could start in 2012 as the countries try to reduce reliance on the United States and the European Union, Yi Xiaozhun, vice-minister of commerce, told China Daily.

Iran, G5+1 still negotiating on upcoming talks

2010-11-30 16:07

Iran's foreign ministry spokesman said Tuesday that Iran and the five UN Security Council permanent members and Germany (G5+1) are still negotiating on the venue and agenda of the upcoming talks.

DPRK to develop nuclear capability for peaceful use

2010-11-30 10:37

The Democratic People's Republic of Korea (DPRK) said on Tuesday that the country is actively developing its nuclear capability for peaceful use by operating "thousands" of centrifuges at its uranium enrichment plant, Rodong Sinmun reported

Japan unemployment rate 5.1% in October

2010-11-30 08:51

Japan's unemployment rate worsened slightly in October, as industrial production slipped and household spending was down

India may lift curbs on foreign buying of equities

2010-10-09 14:43

India may allow individual investors based overseas to directly buy stocks for the first time, easing a rule that restricts investment to mutual funds, a finance ministry official with direct knowledge of the matter said.