Forbes Asia magazine on Friday named Tony Fernandes, the pioneering chief executive officer of AirAsia Group, as its 2010 Businessman of the Year.
China boasts the third-largest population of millionaires in the world, behind the United States and Japan, the Boston Consulting Group (BCG) said. More high earners as wealth gap stretches wider
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.
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.
Luxury car buyers in Beijing, Shanghai and Guangzhou might face delayed delivery of their dream cars or be forced to accept dealer surcharges as high as 100,000 yuan if they want to get them before the Spring Festival, the Internet news portal 163.com reported Thursday.
China may contribute $8 billion to establish the Shanghai Cooperation Organization (SCO) Development Bank, the 21st Century Business Herald reported Thursday.
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.
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.
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.
Heavy air pollution has forced Iranian authorities to close government offices and declare a two-day public holiday in the capital, Tehran.
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.
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