China’s central bank revealed its short foreign-currency positions in forwards and futures for the first time, a decision that Australia & New Zealand Banking Group Ltd. said will help show
McDonald’s Corp. said yesterday it plans to open 1,500 new restaurants in China, South Korea and Hong Kong as it looks to faster-growing markets to help drive a global turnaround. McDonald’s
The apparently random decapitation of a three-year-old girl in front of her mother in low-crime Taipei this week has sparked outrage, calls to save the death penalty and questions about
The Hong Kong government threatened to bar formation of a political party advocating independence from China, adding to tensions over Beijing’s control of the city before legislative elections in September. Hong
China Petroleum & Chemical Corp., one of the country’s state-run energy giants, plans to ride a wave of new gas discoveries to double annual output to 40 billion cubic meters
Chinese state media say a former aide to the country’s disgraced security czar has been sentenced to 12 years in prison for taking bribes. The official Xinhua News Agency said yesterday
A private film company in eastern China has agreed to invest at least USD500 million in the studio of former Walt Disney boss Dick Cook to make movies to be
Taiwan’s outgoing president and his successor yesterday emphasized the need for a smooth transition of power amid a slowdown in the island’s high-tech economy and uncertainty over sensitive relations with
A senior U.S. diplomat said that if North Korea keeps advancing its weapons programs, the U.S. will be compelled to take defensive measures that China will not like. Deputy Secretary of
Chinese President Xi Jinping has wrapped up his trip to the Czech Republic by overseeing the signing of 30 business deals that could bring almost USD4 billion of Chinese investment. The
China’s government is moving to tighten its grip over the Internet as it rolls out draft rules that will effectively ban Web domains not approved by local authorities, including possibly
China must exert stronger oversight over vaccines sold on the private market in the wake of a developing scandal involving expired or improperly stored vaccines, the World Health Organization said
The email seemed unremarkable: a routine request by Mattel Inc.’s chief executive for a new vendor payment to China. It was well-timed, arriving on Thursday, April 30, during a tumultuous period
A transit police officer was stabbed in the head yesterday, one day after a young girl was decapitated in apparently random knife attacks in Taiwan’s capital. The officer attacked at the
Authorities in southwestern China had apparently thought their Cultural Revolution-style public sentencing of eight workers who took to the streets demanding back wages would stand as a warning to others
China has ordered its armed forces to end all paid outside work within the next three years as part of a push to make the world’s largest standing military more
Scam artists, drug cartels and gangs from around the world have found a new haven for laundering money: China. The country’s well-developed underground financial networks have caught the attention of
Indonesia has refused Chinese demands that it release eight fishermen arrested for illegal fishing in a growing confrontation that analysts say dispels the idea that Indonesia has no stake in
Indonesia says one of its patrol ships fired shots at two Taiwanese vessels suspected of illegal fishing only after they ignored repeated warnings to leave Indonesian waters in the Strait
A late-night coal mine accident in northern China has killed 19 miners, Chinese state media reported yesterday. The accident happened on Wednesday night on an underground platform in a mine in
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