Asia Business

China approves iPhone 6 after Apple gives security assurances

By Tue, Sep 30, 2014 3:51PM UTC China approves iPhone 6 after Apple gives security assurances

BEIJING (AP) — China’s phone regulator has approved the iPhone 6 for sale after Apple Inc. promised never to allow other governments access to users’ information.

Shanghai to lift restrictions on 27 industries in free trade zone

By Mon, Sep 29, 2014 1:27PM UTC Shanghai to lift restrictions on 27 industries in free trade zone

BEIJING (AP) — China has announced the lifting of restrictions on foreign investment for several industries, from green tea to civil airplane engines, in a special free trade zone in the business hub of Shanghai.

Filipino firm Alsons offers to buy Indophil stake in SMI for AUS$361m

By Tue, Sep 23, 2014 10:05AM UTC Filipino firm Alsons offers to buy Indophil stake in SMI for AUS$361m

Alsons Prime Investment Corporation (APIC) has offered to buy Indophil Resources NL stake in the Philippines at AUS$0.30 per share for AUS$361 million (Php 14.3 billion) in cash, according to a report submitted to the Australia Stock Exchange early Tuesday. The acquisition is subject to the approval of shareholders, the

Naver says no IPO for Line app in 2014

By Tue, Sep 23, 2014 10:01AM UTC A Thai teenager uses the "Line" instant messaging app on her smartphone  in Bangkok. Pic: AP.

SEOUL, South Korea (AP) — South Korean Internet company Naver Corp. says its popular Line instant messaging app won’t go public on a stock exchange this year.

US firm in China meat scandal lays off 340 staff

By Mon, Sep 22, 2014 2:17PM UTC Pic: AP.

BEIJING (AP) — A U.S. meat supplier is laying off most of the workforce of a Chinese subsidiary accused of selling expired meat to KFC, McDonald’s and other customers.

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