The Miss World 2012 title was awarded to Yu Wenxia on August 18, marking the second time that Miss China had been crowned the honor. The last time China won the Miss World competition was in 2007 when Zhang Zilin took the pageant.
Lisa Eadicicco
Aug 20, 2012
The verdict is out. The wife of disgraced Chinese political heavyweight Bo Xilai gets death (but not really) for the murder of Neil Heywood
IBT Staff Reporter
Aug 19, 2012
Ten Japanese nationalists bring their flags to the Senkaku/Diaoyu Islands only a few days after 14 Chinese nationalists from Hong Kong do the same.
IBT Staff Reporter
Aug 19, 2012
Myanmar government has set up a 27-member commission to probe the recent sectarian violence that killed dozens and displaced tens of thousands in the western state of Rakhine along the Bangladesh border, state media reported.
Amrutha Gayathri
Aug 19, 2012
Asian stocks ended mixed last week as market players continued to wait for policy makers to come up with bold stimulus measures to boost the weakening global economy.
Bhaskar Prasad
Aug 19, 2012
The minutes of the July 31-Aug. 1 meeting of the Federal Open Market Committee, to be released on Wednesday, will dominate markets in a week light on data.
Moran Zhang
Aug 18, 2012
Patrick Ricard, who built Pernod Ricard SA (Paris: RI) into the second-largest alcohol beverage company in the world, died Friday, the company said.
Roland Li
Aug 18, 2012
France, Germany, Spain, China and Japan, among other nations, have moved by leaps and bounds ahead of the U.S. in cutting-edge rail transportation (and in rail line profitability), while Amtrak struggles to survive on budgetary scraps from Congress. Many rail experts believe that only investments from the private sector and sovereign wealth funds can save Amtrak.
Palash Ghosh
Aug 18, 2012
Asian markets were mixed in the week as investors maintained a watchful mode awaiting monetary easing measures from policymakers around the world to tackle the weakening of the global economic growth.
Bhaskar Prasad
Aug 18, 2012
The release date for Apple’s iPhone 5 is allegedly coming in September alongside an iPad Mini, and the Internet has not stopped buzzing with rumors and speculations about the device. This information has not been confirmed by Apple, but increasing evidence points to the following: fans could see the iPhone 5 next month.
Lisa Eadicicco
Aug 17, 2012
The regime's newfound zeal for bilateral trade with China may reveal that new economic reforms are in the pipeline. But it also risks letting more North Koreans see that things outside are way, way better
IBT Staff Reporter
Aug 17, 2012
They see the economic crisis as a “wake up call” for Britain to rediscover its tradition of hard work.
Palash Ghosh
Aug 17, 2012
Some travel destinations are best in the summer. Others in the winter. These 10 spots come alive in the fall.
Mark Johanson
Aug 17, 2012
For more than a decade, there was a paradigm in financial markets that the yuan can only appreciate. Well, not any more.
Moran Zhang
Aug 17, 2012
The move may help to deflate current anger, but there remains plenty for the nationalistic-minded in East Asia to be upset about.
IBT Staff Reporter
Aug 17, 2012
Most of the Asian markets rose Friday as investor confidence was lifted after German Chancellor Angela Merkel stressed her country's commitment to support measures to alleviate the debt crisis faced by the euro zone.
Bhaskar Prasad
Aug 17, 2012
Shares firmed Friday as German Chancellor Angela Merkel voiced support for the European Central Bank's efforts to contain the euro zone's debt crisis, soothing investor nerves and prompting them to scale back safety bids.
Eric Linton
Aug 16, 2012
The British Home Secretary has warned that a new proposal from the culture secretary to increase Chinese tourism to the U.K. by making it easier to obtain visas poses a national security threat.
Ryan Villarreal
Aug 16, 2012
China may have lost out in its mad dash to get the most gold at the London Olympics this summer, but the country is seemingly still running the race for gold where it counts, as it is currently in the process of bidding for a major African gold miner.
Eleazar David Meléndez
Aug 16, 2012
The Russian Foreign Ministry released a statement on Thursday telling the UN not to pull out of Syria, as a UN departure would have "extremely negative consequences" for Syria. But Russian intentions in this case may not be entirely diplomatic.
Maya Shwayder
Aug 16, 2012
China’s Lenovo Group (Pink: LNVGY), the No. 2 PC maker, reported first-quarter net income jumped 30 percent , ahead of estimates, as global revenue rose 35 percent – far better than performance for its U.S. rivals, Hewlett-Packard Co. (NYSE: HPQ) and Dell (Nasdaq: DELL), the No. 3 PC maker.
David Zielenziger
Aug 16, 2012
With the highly rumored September 12 release date of Apple's next gen iPhone, the so-called "iPhone 5," approaching fast, speculations concerning the 2012 version of the flagship smartphone have flooded the Internet over the last few months. Given the enormous buzz among people, it's pretty much sure that the device's sales, no matter how it finally launches - as "iPhone 5" or as the new iPhone, will touch new heights.
Kukil Bora
Aug 16, 2012