China's HKND Group postponed construction on the canal as its CEO's net worth plunged sharply following a stock market slump in the Asian nation.
Japan and China have been facing territorial disputes over islands in the East China Sea, and Tokyo has plans to send 500 troops to guard the region amid increasing naval patrols by Beijing.
Asia's third-fastest growing economy was dragged by industry and agriculture and the first drop in remittances from overseas Filipinos in years.
In a rare move in the Chinese legal system, the sentence was reduced for a 71-year-old journalist who was jailed for revealing a party campaign against Western ideas.
Vice President Jojo Binay, Sen. Grace Poe and former Interior Secretary Mar Roxas are vying to succeed President Benigno Aquino III in May's election.
U.S. stock indexes rose slightly ahead of the Thanksgiving holiday.
With China’s economy stalled, Beijing is facing tough choices about state-owned behemoths that provide jobs but have less economic impact than private-sector counterparts.
In a forum of presidential candidates, Sen. Grace Poe backed the government on taking China to court over the South China Sea dispute.
Planned changes in China's armed forces aim to make the country's army more modern and swift, but are also expected to result in a major cut in the number of troops.
The European Central Bank is concerned about the adverse effects a U.S. Federal Reserve rate increase and China's continuing slowdown could have on the eurozone.
Citic says the error was caused by a system upgrade, and the figures were amended at the beginning of this month.
A senior Communist Party official in China's mainly-Muslim Xinjiang region said some party members have encouraged or even taken part in terrorism.
Beijing is also looking to focus on expanding trade with Central and Eastern European countries, according to Premier Li Keqiang.
A federal probe into Walmart's operations in Brazil has uncovered evidence pointing to bribery, according to a Wall Street Journal report.
U.S. stocks rose as the incident boosted oil prices, fueling energy stocks.
Amid a wave of steel imports and sagging oil prices, the steel giant will temporarily idle operations at an Illinois plant and indefinitely lay off about 2,000 workers.
GDP growth wasn't as slow in the third quarter as previously thought, putting additional pressure on the Federal Reserve to raise interest rates next month.
The U.S. also has a military base in Djibouti, which prepares ships, aircraft and other deployments for "regional and combatant command requirements."
The facility, being touted as the world's largest animal cloning factory, will commence operations in the Chinese coastal city of Tianjin in the first half of 2016.
Beijing-based Xiaomi has risen quickly to become one of the world's biggest smartphone makers.
The Chinese premier was speaking at an event attended by the leaders of 16 Central and Eastern European countries in the city of Suzhou.
Apple has reportedly secured the support from the country's four top banks in starting its mobile payment service in the world's No. 1 smartphone market by February.