China's first capsule hotel is set to open in Shanghai, targeting budget-conscious travelers in the country's glitzy commercial capital -- with rooms divided into different zones depending on snoring.
China's bank regulator has ordered banks to tighten supervision in underwriting bonds issued by various companies, several sources who have knowledge of the latest regulatory move said on Friday.
Internet search giant Google Inc. has joined India's celebration of Pongal or Makar Sankranti festival with new Doodle, which has painted kites and flying balloons on its homepage. Makar Sankranti is a major harvest festival celebrated in various parts of India.
The euro was flat against the dollar on Friday, shedding early gains posted on ECB concerns about inflation as China again raised banks' reserve requirements to cool growth rates.
China said that six-party talks were more suitable than the U.N. Security Council for solving the nuclear standoff on the Korean peninsula, a senior Chinese diplomat said on Friday, days before a summit with President Barack Obama.
A U.S. military presence in the Pacific is essential to restrain Chinese assertiveness, Washington's defence chief said on Friday, describing China's technology advances as a challenge to U.S. forces in the region.
China will not bow to foreign demand for faster gains in the yuan and will stick to its gradualist approach in currency reform, senior officials said on Friday, indicating Chinese President Hu Jintao may push back if President Barack Obama presses him on the issue next week.
Chinese exporters are coping well with a rising yuan, and Beijing will stick to plans for gradual reform in the currency, a senior central bank official said on Friday.
U.S. Defence Secretary Robert Gates on Friday held out the possibility of a resumption of six-party talks if North Korea ceases provocations and meets its obligations, but said there was no sign of it changing its ways.
China must step up efforts to boost imports and push developed nations to allow more high-tech goods to be exported to the country, an assistant commerce minister said on Friday.
U.S. Defense Secretary Robert Gates' call for China's military to communicate better with its civilian leaders underscores the policy disconnect in Beijing and raises questions over who really wields control in China.
The euro paused on Friday but was still on track to post its best weekly performance against the dollar in 20 months, while Asian equity markets struggled to extend recent gains, with Japan's Nikkei retreating from an 8-month peak.
A U.S. military presence in the Pacific is essential to restrain Chinese assertiveness, Washington's defense chief said on Friday, describing China's technology advances as a challenge to U.S. forces in the region.
China will not bow to foreign demand for faster gains in the yuan and will stick to its gradualist approach in currency reform, senior officials said on Friday, indicating Chinese President Hu Jintao may push back if President Barack Obama presses him on the issue next week.
China's yuan exchange rate policy is based on its own national interests, a senior Chinese diplomat said on Friday, days before a summit with U.S. President Barack Obama.
Starbucks Corp unveiled a deal that sets the stage for the world's largest coffee company to bring its iconic cafes to India, where Western-style coffee shops are increasingly popular.
China has angered India by issuing unorthodox visas to two Indians from a border state claimed by Beijing, the latest flare-up of a territorial dispute festering between the Asian giants.
Tata Steel, the world's seventh-largest steel maker, said on Friday that it would hold on to its shares in Australian miner Riversdale, calling it a strategic stake.
Intel Corp is positive about growth in PC sales in emerging Asia, particularly in China and India, a top executive said on Friday, a day after the chip heavyweight posted market-beating revenue and margins for the fourth quarter.
The embattled Congress-led coalition government failed to announce major policy decisions on Thursday to tackle soaring food prices after days of wrangling, taking only minor measures seen as unlikely to make a major impact.
Taiwan stocks opened up 0.11 percent on Friday, with semiconductors trading flat even though Intel Corp
Hong Kong stocks are set to ease on Friday morning as investors take profits after three days of strong gains, and shares of materials-related companies could decline due to falling commodity prices.
