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Ford's Mustang muscle car gets 50th birthday makeover The Mustang, the iconic American muscle car, got a makeover for its 50th anniversary Thursday, with Ford aiming to repeat is huge US success in global markets such as China.

06 December 2013

Dalai Lama says will miss 'dear friend' Mandela The Dalai Lama said Friday he would miss his "dear friend" Nelson Mandela, who he hailed as "a man of courage, principle and unquestionable integrity" in a letter sent to the South African icon's family.

06 December 2013

Chinese tycoon unveils $10bn Ukrainian port project: report A Chinese tycoon who plans to dig a canal across Nicaragua has unveiled his latest project -- a $10 billion deal to build a deepwater port in Ukraine, giving him a foothold in Europe, state-run media said Friday.

06 December 2013

China may mean gold for Apple It could be a huge breakthrough for Apple to win a place in the line-up of China's largest telecom provider and a big shakeup for the smartphone market.

06 December 2013

Tense Thailand braces for new protests Thai opposition protesters were preparing Friday to relaunch their campaign to overthrow the government after a temporary truce in the strife-hit capital for the birthday of the country's revered king.

06 December 2013

Japan, SE Asia in talks to expand currency swap Japan and Southeast Asian countries are in talks over expanding currency swap arrangements to help cushion their economies in financial emergencies, an official said Thursday, ahead of a Japan-ASEAN summit next week.

06 December 2013

China anti-corruption activist beaten by police: lawyers A Chinese anti-corruption activist put on trial in what campaign groups say is a crackdown on dissent was beaten by police while in detention, lawyers said Thursday.

05 December 2013

Tokyo to launch $53.8 bn stimulus package Tokyo will announce a spending package worth almost $54 billion on Thursday, media reports said, in a bid to offset a tax hike that comes into effect next year and which critics fear will derail Japan's economic recovery.

05 December 2013

Scientists discover vast undersea freshwater reserves Australian researchers said Thursday they had established the existence of vast freshwater reserves trapped beneath the ocean floor which could sustain future generations as current sources dwindle.

05 December 2013

Qantas to cut 1,000 jobs, says challenges "immense" Australian carrier Qantas announced the axing of 1,000 jobs and warned of "immense" challenges ahead in a shock profit downgrade Thursday, flagging a half-year loss of up to Aus$300 million (US$271 million).

05 December 2013

Samsung floats world's largest vessel South Korean shipbuilder Samsung Heavy Industries has floated a tanker-shaped vessel tagged as the world's largest "floating facility" with a length greater than the height of the Empire State Building in New York.

05 December 2013

Japan Tobacco and Philip Morris buy 40% of Russian distributor Japan Tobacco (JT) and Philip Morris will each buy a 20 percent stake in Russian distributor Megapolis for a total of more than $1.5 billion, as the rivals move to tap the world's second-biggest cigarette market.

05 December 2013

Pay-what-you-like restaurant in China loses thousands A Biblically-named restaurant in China where patrons can pay whatever they want -- or nothing at all -- has shown that while loving your neighbour may be laudable, it is a risky business model.

05 December 2013

New HQ but little cash for UN climate fund The UN's new Green Climate Fund (GCF)opened its headquarters in South Korea on Wednesday, facing the key challenge of funding its mission to support low carbon projects around the world.

05 December 2013

Third time a charm: SpaceX launches commercial satellite After two delays, private US company SpaceX on Tuesday successfully launched its first commercial satellite, after repairs were made to the Falcon 9 rocket.

04 December 2013

US aims lucky 'Year of the Horse' greenbacks at Chinese The US Treasury is selling red "hong bao" envelopes with "lucky" dollars bearing auspicious serial numbers to mark the Chinese Year of the Horse next year.

04 December 2013

North Korea's powerbroker: ousted or just out of sight? South Korea's spy agency believes North Korean leader Kim Jong-Un has just carried out the most significant leadership purge since taking power two years ago, but confirmation may be a long time coming.

04 December 2013

India rejects WTO proposals in Bali India said Wednesday it could not accept a WTO proposal on food security, casting a gloom over a high-stakes conference tasked with salvaging the body's faltering efforts to liberalise world trade.

04 December 2013

Cartier the 'King of Jewellers' shines in Paris expo From the royal diadem worn by Kate Middleton at her wedding to an outsized maharaja's necklace, hundreds of glimmering treasures go on show this week in a major Paris exhibit on Cartier.

04 December 2013

Kazakhstan singer impresses K-Pop show jury in South Korea A young singer from Kazakhstan has impressed the K-Pop show jury in South Korea.

04 December 2013

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