TRADE WARS - SINO DAILY

Crashed US drone found in Philippines: navy

Jan 07, 2013 (AFP)

A US drone believed to be used for reconnaissance was recovered on Monday in waters off the central Philippines, police and naval authorities said. Fishermen fo...

Cambodian police break up garment worker camp

Jan 06, 2013 (UPI)

Cambodian police removed about 1,000 anti-government protesters, including garment workers, from an industrial park in Phnom Penh after deadly clashes with secu...

Zinc hungry China asks Canada to back giant mine

Jan 05, 2013 (AFP)

With zinc sources drying up and demand forecast to surge, resource hungry China is looking to Canada to approve two giant mines and close the gap -- but environ...

India's Infosys plans to cut up to 5,000 jobs: report

Jan 04, 2013 (AFP)

India's second-largest software outsourcer Infosys is planning to cut up to 5,000 jobs, a report said Friday, as it seeks to reduce costs in a tough business en...

India's Infosys denies reports of 5,000 job cuts

Jan 04, 2013 (AFP)

Indian software outsourcing giant Infosys said Friday it was weeding out under-performing staff and would be asking some to leave, but denied a media report say...

US holiday season online spending climbs

Jan 03, 2013 (AFP)

Industry tracker comScore on Thursday reported that US shoppers spent a total of $42.3 billion online during the year-end holiday season -- a 14 percent jump fr...

Italian luxury brand Ferragamo boosts China stake

Jan 03, 2013 (AFP)

Italian luxury fashion group Salvatore Ferragamo on Thursday said it had boosted its stake in joint ventures for distribution in the "strategic" Chinese market ...

China developer 'copies' star architect's design

Jan 03, 2013 (AFP)

Already famed for fake designer bags and pirated DVDs, imitation in China may have reached new heights with a set of towers that strongly resemble ones designed...

Venezuela intent on freezing out Paraguay

Jan 02, 2013 (UPI)

Latin America's Mercosur trade bloc is facing renewed internal squabbles as plans for consolidation and expansion are clouded by the aftermath of last year's fr...

Macau gambling revenue hits record $38 bn in 2012

Jan 02, 2013 (AFP)

Macau's gambling revenue jumped 13.5 percent to a record $38 billion in 2012, official figures showed Wednesday, despite the pace of growth in the world's large...

Taiwan's Fubon to invest $1.03 billion in Chinese bank

Dec 27, 2012 (AFP)

Fubon, Taiwan's second-largest publicly listed financial group, said Thursday it plans to invest $6.45 billion yuan ($1.03 billion) to buy an 80 percent stake i...

Australian lawyer in Mongolia graft probe cleared: firm

Dec 24, 2012 (AFP)

An Australian lawyer who had been barred from leaving Mongolia has been cleared of involvement in a corruption case and will soon be able to leave the country, ...

Japan's new China envoy urges stronger economic ties

Dec 24, 2012 (AFP)

Japan's new envoy to China urged stronger economic ties with Beijing in an interview broadcast Monday, after the incoming premier pledged to mend bilateral ties...

Asia's long-stay schemes lure foreigners

Dec 23, 2012 (AFP)

Like many Japanese mothers, Ritsuko Kawasaki fretted over the health and safety risks of remaining in Japan after 2011's earthquake, tsunami and nuclear disaste...

Drought disrupts Mississippi transport

Dec 21, 2012 (UPI)

The Mississippi River has receded to critically low levels after months of drought, severely affecting U.S. commerce. Already, barges are being filled only to 5...

Japan firms say mergers held up by China regulators

Dec 21, 2012 (AFP)

Sony and Olympus said Friday their planned medical device merger has been delayed until next year, with reports and some firms saying it was the latest corporat...

Luxury firms pin hopes on China

Dec 21, 2012 (AFP)

Clad in a black and orange Prada winter coat with a diamond-shaped pattern she snapped up during a trip to Milan, Jennifer Ren embodies China's nouveau riche. F...

Japan files complaint against China over steel duties: WTO

Dec 20, 2012 (AFP)

Japan has filed a complaint against China for imposing duties on steel tube imports which Beijing claims were being sold at prices below market levels, the Worl...

Australia's Lynas wins appeal against Malaysian operations

Dec 19, 2012 (AFP)

Malaysia's Court of Appeal on Wednesday dismissed an appeal against a temporary operating licence for Australian mining company Lynas Corp, despite protests ove...

Japan's US-bound exports overtake China shipments

Dec 19, 2012 (AFP)

Japan's US-bound exports overtook shipments to China last month, official data showed Wednesday, as a new government in Tokyo vows to stand its ground in a bitt...