Some Chinese banks have increased interest rates on loans by 10-45 percent, alarmed by a surge in credit growth in January.
Pakistan warned major powers on Tuesday against granting rival India membership of four key multilateral export control regimes that allow trade in nuclear and other materials, as proposed by the United States.
Corporations in China and India have been riding on strong domestic economies, much to the envy of the West, but they now worry that runaway inflation could hit growth.
McDonald's opened the latest Hamburger University in Shanghai in 2010, getting into which has a probability of less than 1 percent.
A ministerial reshuffle has signalled India may give sorely-needed focus to the development of its burgeoning cities, whose erratic expansion is seen as a major brake on economic growth.
A report from OpenDNS shows that the social networking sites Facebook, MySpace and YouTube are among the most blocked and the most allowed websites.
South Korea's LG Electronics reported a record quarterly loss on Wednesday, as its phone business remained weak and its TV division also lost money, hurt by steep price declines in television.
Some Chinese banks have drastically raised interest rates on loans to comply with government orders to rein in credit growth after another lending surge at the start of the year, state media reported on Wednesday.
The following are the prepared remarks of President Barack Obama's State of the Union Speech as released by the White House and set to be delivered on Tuesday evening starting around 9 p.m.
China's test flight of a prototype stealth fighter will help insulate U.S. weapons spending against deeper cuts sought by deficit hawks and add momentum to efforts by Defense Secretary Robert Gates to redirect precious budget dollars to future threats.
The company continues expanding its cloud computing services in Asia with plans to build a center in Langfang City.
A former Northrop Grumman Corp (NOC.N) engineer has been sentenced to 32 years in prison for providing secret defense information to China, exporting technical military data and other crimes, the U.S. Justice Department said on Tuesday.
The following table shows China's five major state-owned power generating groups' operational results in 2010, as reported by the companies or official media.
Leather goods maker Coach Inc reported a larger-than-expected quarterly profit as U.S. luxury spending rebounded and sales in China soared over the holiday season.
Chinese banks finished 2010 in a stronger position than they started, chipping away at their bad debt holdings and beefing up provisions in case their asset quality deteriorates, a new set of official data shows.
Emerging stocks edged down on Tuesday as inflation worries persisted and weaker metals prices knocked South African shares and the rand.
Mozambique's Ports Development Company (MPDC) said on Tuesday it would increase the handling capacity of its Maputo port to 12 million tonnes this year from 8.7 million in 2010 to take more coal from South Africa.
Algeria expects oil production to remain steady in 2011, while liquefied natural gas (LNG) supply contracts will be met despite reduced capacity, the head of state-owned energy giant Sonatrach said on Tuesday.
South African logistics group Transnet said on Tuesday it would reopen a coal export line leading to the Richards Bay coal export terminal at 1400 GMT after a derailment over the weekend.
A presidential election in Niger aimed at returning the West African uranium exporter to civilian rule will go ahead as planned on January 31 after logistical problems were solved, the ruling junta said late on Monday.
Google's Chief Executive Eric Schmidt said he expected to spend another 10 years at the company, after his surprise handover last week to co-founder Larry Page.
Roger Federer made a quick dash into an eighth straight Australian Open semi-final on Tuesday but Novak Djokovic's resounding win over Thomas Berdych was a warning the Swiss cannot yet count on a sixth final.