Toyota joins Honda in cutting prices amid China antitrust probe

Toyota and Honda’s Chinese ventures joined Daimler’s Mercedes- GAC Toyota Motor Co., the Japanese maker’s venture with China’s GAC Group, will cut prices on some components from Aug. 18, according to

McDonald’s sales hit by China scandal, US weakness

McDonald’s says a global sales figure fell 2.5 percent in July, dragged down by persistent weakness in the U.S. and a food safety scare in China. The world’s biggest hamburger chain said

Corporate Bits | Macao gaming show announces ‘bigger and better’ slot experience

David So, Slot Experience Center Manager said: “The Slot Experience Center was an idea created by MGS to help Electronic Gaming Machine manufacturers receive important feedback from slot players. In

2014 Maputo International Fair scheduled for 25-31 August

The 50th Maputo International Fair (Facim) will be held from this coming 25 to 31 August, with the participation of 25 countries and territories confirmed to date, the head of the

18 surrender after Xinjiang violence

Eighteen people who took part in violence that killed almost 100 people near China's border with Pakistan last month have handed themselves in to authorities, Chinese state media said yesterday. Authorities say a

TIBET | Tour bus plummets into valley, killing 44

A tour bus on a highway in Tibet fell off a 10-meter cliff after crashing into an SUV and a pickup, killing 44 people and injuring 11 others, China's state media reported

Inflation remains below annual target

China's consumer price index rose 2.3 percent in July from a year earlier, well below the ruling Communist Party's 3.5 percent target for the year. The latest inflation rate was unchanged

Beijing rejects U.S. proposal to ease South China Sea tensions

China rebuffed a U.S. proposal for countries to refrain from “provocative” acts in the South China Sea as growing tensions over disputed territorial claims dominated a meeting of regional foreign

MYANMAR | Kerry presses regime on democratic reform 


To improve relations with the United States, Myanmar must make progress in its democratic transition and halt what Washington sees as backsliding on commitments to improve human rights, U.S. Secretary of State

JAPAN | Halong drenches the country; 1 dead, dozens hurt 


A tropical storm was moving out into the Sea of Japan yesterday after lashing the country with rain and wind, leaving one person dead, more than 50 injured and prompting

GAZA CRISIS | Palestinians accept new 72-hour cease-fire offer 


Palestinian negotiators yesterday said they had accepted an Egyptian proposal for a new 72-hour truce with Israel, clearing the way for a possible resumption of talks on a long-term cease-fire

IRAN | Plane crashes after takeoff, killing 39 


A regional passenger plane assembled in Iran crashed yesterday while taking off from the capital, killing 39 and injuring another nine onboard, according to a senior transportation official and state media. The IrAn-140

World Bank announces USD75 million financing for Mozambique

In the first case, the donation is meant to assure more transparency and efficiency in spending to supply, store and distribute medicines, and in school management, indicates the statement released

Brazil open to strengthening agricultural cooperation with Angola

Brazil is open to more extensive cooperation with Angola so that the latter can once again become one of Africa’s top agricultural producers, the Brazilian ambassador in Angola, Ediuliza Fontenele

Police arrest four for spreading online rumors amid clampdown

Chinese police arrested four people on suspicion of spreading online rumors as authorities tightened regulations on instant-messaging services. The suspects used social-networking services to spread rumors or had forwarded rumors published

IRAQ | INTERVENTION: Thwarting Islamic State militants a ‘long-term project’

President Barack Obama justified the U.S. military's return to fighting in Iraq Saturday by saying America must act now to prevent genocide, protect its diplomats and provide humanitarian aid to refugees

PHOTO SHOP | Nitro Circus Live thrills at The Venetian Macao

Travis Pastrana’s Nitro Circus Live delivered a live action sports show at the Venetian Macao’s Cotai Arena Saturday evening, with a second show following yesterday. Led by extreme sports icon,

Motorsport | NASCAR’s Stewart hits, kills driver at NY track

Ontario County Sheriff Philip Povero said his department's investigation is not criminal and that Stewart was "fully cooperative" and appeared "very upset" over what had happened. "He was visibly shaken by

This Day in History: 1982 – Krays let out for mother’s funeral

The notorious East End gangsters Ronnie and Reggie Kray have been allowed out of prison for their mother's funeral. Violet Kray, It was the first time the Krays, 49, had been

Offbeat | US: Woman, 78, caught with cash in girdle at airport

A 78-year-old Florida woman tried to fly on an international trip to the Philippines from Detroit Metropolitan Airport with almost USD41,000 in cash hidden inside her girdle, bra and carry-on

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