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Gaza Crisis: China To Host Palestinian Envoy

China, whose public support for the Palestinians has been a key characteristic of its policy in the Middle East, Wednesday said it would host an envoy of Palestinian President Mahmoud Abbas to discuss the crisis in Gaza.
File photo of Japanese 10,000 yen notes spread out next to U.S. dollar bills at an Interbank Inc. money exchange office in Tokyo

Bank Of Japan Keeps Policy Measures Unchanged

The Bank of Japan Tuesday kept its key policy rate unchanged and refrained from announcing any monetary easing measures in spite of the political pressures to pursue aggressive stimulus steps for reviving the economic growth momentum.
An investor checks stock information with a computer at a brokerage house in Hefei

Asian Markets Rise Amid US Budget Agreement Expectation

Most of the Asian markets rose Monday as investor sentiment turned positive amid hopes that the U.S. congressional leaders will come to an agreement with President Barack Obama in taking the measures to overcome the lingering fiscal cliff.
Fake LVMH Handbag

Chinese Police Arrest 73 In Counterfeit Luxury-Bag Ring

Acting on intelligence gathered during a joint investigation by Chinese and U.S. law-enforcement authorities, Chinese police on Sunday arrested 73 people who are suspected of being involved in the counterfeit luxury-bag trade across national borders.
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Japan Goes To New Elections, Faces Old Problems

Japan's December elections may end with a stalemate in parliament, while an unlikely alliance may come to prominence. In any case, the main issue is the same: economy, economy and more economy.

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