asia news

Xbox One to go on sale in China this year

Microsoft is to become the first foreign company to sell its games consoles in China since 2000 
Xbox One to go on sale in China this year

Chinese gold demand set to continue its meteoric rise

The World Gold Council predicts that China’s demand for gold will rise by some 20 percent in the coming years
Chinese gold demand set to continue its meteoric rise

One of the largest mining purchases in Chinese history on the verge of completion

A Chinese consortium, led by MMG Limited, is to purchase Glencore Xstrata’s Las Bambas mine in Peru in a $6 billion all-cash deal
One of the largest mining purchases in Chinese history on the verge of completion

Value of iron ore springboards to a six week high

The benchmark price of iron ore hit a six week this week
Value of iron ore springboards to a six week high

China to head off slowdown with new economic measures

China’s government has announced measures to boost the country’s economic growth
China to head off slowdown with new economic measures

Japan expects 2020 Olympics to result in increased demand for air travel

Japan’s All Nippon Airways (ANA) has announced plans to spend $16 billion in order to expand its fleet
Japan expects 2020 Olympics to result in increased demand for air travel

Bids for IndiaÔÇÖs 2G licences exceed expectations

India’s largest mobile phone companies have bid almost $10 billion for the country’s second generation (2G) telecoms licences
Bids for IndiaÔÇÖs 2G licences exceed expectations

Danone to increase its presence in the lucrative Chinese marketplace

French food company Danone is looking to expand in China through the doubling of its stake in the country’s largest milk producer
Danone to increase its presence in the lucrative Chinese marketplace

Smartphone shipments cross the one billion mark

For the first time in a single year more than one billion smartphones were shipping during 2013
Smartphone shipments cross the one billion mark

Toyota retains largest carmaker crown

Toyota remains the world’s largest carmaker by sales having sold 9.98 million vehicles during 2013
Toyota retains largest carmaker crown

Smartphone sales boost HuaweiÔÇÖs profits in the last year

2013 was a good year for Huawei, with operating profit rising by more than 40 percent
Smartphone sales boost HuaweiÔÇÖs profits in the last year

KPCT solidifies its reputation as IndiaÔÇÖs port of choice

Krishnapatnam Port Container Terminal (KPCT), a world-class container terminal operated by Krishnapatnam Port, has set a new benchmark in operational efficiency
KPCT solidifies its reputation as IndiaÔÇÖs port of choice

China approves Dongfeng ÔÇô Renault partnership

A joint venture has been agreed between China’s second-largest car market, Dongfeng Motor Group and French car manufacturer, Renault
China approves Dongfeng ÔÇô Renault partnership

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