According to Russia’s Izvestiya newspaper, further implementation of the current taxation scheme may lead to Russia missing out on tax revenues of up to $ 1 billion a year.
Japan's top three carmakers will halve production in China following a sales slump there sparked by a backlash over a territorial row between Tokyo and Beijing.
The boss of French clothing firm Zadig & Voltaire has apologised for saying that Chinese tourists would not be welcome at an exclusive new hotel planned by the company in Paris.
Big Japanese insurers have stopped covering firms against riots in China, a report said Friday, a move seen likely to hit investment there as the countries remain stuck in a festering territorial row.
Chinese actress Zhang Ziyi is suing a US-based Chinese online news outlet over claims that she was a prostitute who had sex with top official Bo Xilai and others.
Flags flew at half mast and leaders observed three minutes of silence Thursday as Hong Kong mourned the 38 victims of a ferry collision which sent shockwaves through the Asian financial centre.
Global credit agency Standard & Poor's said Tuesday that it saw little improvement in iron ore prices in the near-term and warned that smaller single-commodity miners could see their ratings slip.
A pleasure boat on a trip to watch National Day fireworks collided with a ferry and sank off Hong Kong, leaving 36 people dead and sparking a frantic overnight rescue effort.
Shanghai on Monday opened two new art museums on the former site of the 2010 World Expo, as China's commercial hub seeks to rival art capitals like New York and Paris.
China's manufacturing activity contracted for a second straight month in September, according to official data released Monday, falling short of expectations for expansion.
Japan's unpopular prime minister will use a cabinet reshuffle Monday to try to mend fences with China and to boost his flagging popularity ahead of an expected general election.
Haruki Murakami, one of the world's foremost novelists, waded into the territorial row between China and Japan on Friday, warning of the perils of politicians offering the "cheap liquor" of nationalism.
The US on Thursday called for cooler heads to prevail amid regional tensions over disputed island chains, saying it was vital for the world economy to preserve stability in Asia.
A small plane flying 19 people towards Mount Everest crashed on the outskirts of the Nepalese capital Friday, killing everyone on board including seven Britons and five Chinese.
China's Foreign Minister Yang Jiechi sparked angry exchanges with Japanese diplomats at the United Nations on Thursday by accusing Japan of stealing disputed islands.
A Hong Kong tycoon who offered a $65 million "marriage bounty" to any man who can win the heart of his lesbian daughter has been inundated with applications from around the globe, a report said Friday.
Chinese artist Ai Weiwei said a Beijing court on Thursday rejected an appeal by the internationally acclaimed artist against a $2.4 million fine for tax evasion that he calls politically motivated.