S. Korea vows aid for firms hit by Kaesong exit South Korea on Thursday pledged about $270 million in financial aid for firms hit by the withdrawal from a joint industrial zone in North Korea that has fallen victim to military tensions.
02 May 2013
N. Korea ignores overture on industrial zone: Seoul North Korea has ignored a plea by South Korean businessmen to visit a joint industrial zone on Tuesday for talks on its future, amid fears of a permanent closure.
S. Korean workers set to leave joint factory zone South Korean workers were due to start returning Saturday from a jointly run industrial park in North Korea after Seoul announced a complete withdrawal following months of military tensions.
28 April 2013
Instant noodle sales top 100 billion units a year Global sales of instant noodles have topped 100 billion units annually, an industry group said Friday -- more than one monthly serving of the portable meal for every person on the planet.
26 April 2013
S. Korea offers North talks, with warning South Korea on Thursday formally offered North Korea talks on suspended operations at their joint Kaesong industrial zone, and hinted it might pull out entirely if Pyongyang declines.
SUV popularity in China casts cloud over green-energy cars Chinese carmaker BYD gave pride of place to its new S7 SUV at the Shanghai auto show Saturday while another of its models, a fully-electric vehicle, languished in a corner with only a handful of visitors.
21 April 2013
Kaesong closure hits South Korean deals The closure of the Kaesong joint-industrial zone has begun to hit deals between South Korean manufacturers and foreign buyers.
20 April 2013
India reaches 'broad consensus' on land acquisition bill India's main political parties have struck a "broad consensus" on a contentious land acquisition bill to better reward landowners whose property is bought for industrial development.
20 April 2013
Pleas for US to name first ambassador to Arctic Top US diplomat John Kerry said he would mull ways to deepen US engagement in the Arctic amid pleas from lawmakers to name America's first ambassador to the resource-rich region.
19 April 2013
World car firms see China market as saviour Global auto makers will flock to China's premier car show, affirming its importance as the world's largest vehicle market and the saviour of an industry pummelled by European and US economic woes.
19 April 2013
N. Korea blames South's leader for Kaesong closure N. Korea on Thursday renewed a threat to permanently close its Kaesong joint industrial zone with S. Korea, blaming the "confrontation" policies of the South's new president.
11 April 2013
China bird flu 'devastates' poultry business: group China's deadly bird flu outbreak has dealt a "devastating" blow to the nation's poultry sector, an industry group said Tuesday, with sales reportedly plunging amid concerns over food safety.
N. Korea threatens to pull its workers from Kaesong North Korea threatened Thursday to pull its 53,000 workers from the Kaesong joint industrial zone with South Korea and close the complex, a day after it blocked access for South Korean personnel.
04 April 2013
GM, Ford, Chrysler post best US sales since 2007 General Motors, Ford and Chrysler reported their best US sales performances since 2007 on Tuesday amid booming overall auto demand following the US industry's near-collapse five years ago.
03 April 2013
N. Korea blocks access to key industrial zone North Korea blocked South Korean access to a key joint industrial zone Wednesday, matching its angry rhetoric with action as Washington condemned Pyongyang's "dangerous, reckless" behaviour.
03 April 2013
Former Woodside advisor Australia's new resources minister Australia's new Resources and Energy Minister Gary Gray on Monday denied there would be any conflict of interest stemming from his previous job as an advisor to oil and gas giant Woodside.