While Asahi Green does not expect to break even until 2011, it hopes the Japanese technology will help farmers improve efficiency, food safety and income as well as repair soil damaged by years of heavy chemicals use.
Yahoo Inc has settled a lawsuit alleging it aided China's prosecution of several dissidents, in a case that prompted criticism of the company for cooperating with an authoritarian government.
Apple Inc's(NASDAQ:AAPL) iPhone is unlikely to hit Chinese shelves soon because of technical and fee issues, industry executives said on Wednesday, a day after shares in the U.S. company shot up on hopes of a deal with China Mobile.
Oil moved higher on Wednesday, after falling sharply for the past two days, supported by expectations of a further fall in U.S. crude oil supplies and as OPEC brushed off U.S. calls to raise output.
HSBC Holdings Plc, Europe's biggest bank, said its third-quarter profits were ahead of last year's and revenue growth across the group offset a jump in its charge for bad debts in the United States. The trading update on Wednesday reassured investors that HSBC was not further exposed to big debts in mortgage-related financial products and was benefiting from its broad spread, and its shares jumped over 4 percent.
Oil prices slumped more than 3.5 percent Tuesday after the International Energy Agency cut its forecast for world oil demand growth, saying that the recent surge in crude prices had already hurt consumption.
U.S. stocks snapped a four-day losing streak on Tuesday with Nasdaq notching its biggest gain in more than four years after news that Apple Inc was in talks to offer iPhones in China sent investors bargain hunting among battered technology stocks. years after news that Apple Inc was in talks to offer iPhones in China sent investors bargain hunting among battered technology stocks.
Mount Everest allowed China's largest cell phone service provider to reach new heights as a transmission station test were successfully completed on Tuesday, according to a state news agency.
While China may be getting most of the attention -- and the blame -- for a rash of recent toy recalls, the majority of problematic toys in fact come from other countries, according to a new Canadian study. If found toys made in countries other than China had a higher rate of recalls.
The U.S. Defense Department on Tuesday informed lawmakers about a possible sale to Taiwan of Patriot missile system upgrades valued at $939 million and supplied by U.S. defense contractor Raytheon Co.
The parent of Alibaba.com Inc and Japan's Softbank Corp are in talks to set up a Japanese joint venture possibly next year that will boost the Chinese e-commerce company's footprint in that market, Softbank's top executive said on Tuesday.
NTT DoCoMo Inc, Japan's biggest mobile phone operator, expects to bid at least US$1 billion for a stake in Vietnam's No.2 mobile phone carrier and is eyeing investments in other Asian countries, an executive said.
China Yunnan Copper, China's third-largest copper producer, said on Tuesday a takeover of Rio Tinto Ltd by BHP Billiton Ltd would not be a cause for alarm for Chinese customers of raw materials.
Eastman Kodak Co will sell its stake in Lucky Film Co Ltd, ending a four-year partnership with China's biggest photo film manufacturer, the two companies said on Tuesday.
Europe's biggest bank HSBC Holdings is expected to report another big hit from its exposure to the U.S. mortgage crisis on Wednesday, when it will also release a group trading update.
Ericsson, the world's biggest maker of mobile networks equipment, expects its China sales growth to exceed 10 percent per year in 2007 and 2008 amid robust demand in the world's fastest-growing major economy.
Yahoo Inc has struck new deals to offer mobile phone Web services through nine network operators across Asia, bolstering its increasing lead in the fastest growing regional market for mobile services by users.
Sanctions are not the way to resolve the deepening international confrontation over Iran's nuclear ambitions, China said on Tuesday, while also urging Tehran to be more compromising.
Metals prices slipped on Monday on fears of waning demand, but mining giants BHP Billiton and Rio Tinto, engaged in a takeover battle, were among the big gainers on the London stock market.
The moves will keep the money and stock markets under pressure and possibly accelerate appreciation of the yuan.
Asian stocks sank on Monday with Tokyo's Nikkei hitting its lowest level in about 15 months as investors dumped Japanese exporters on the back of a surge in the yen to an 18-month high versus the dollar.
BHP Billiton, the world's biggest mining group, is considering the sale of one of its largest units, BHP Petroleum, to help finance a hostile takeover of Rio Tinto, the UK Sunday Times newspaper said.
