Asia Business

India, China leaders to discuss trade, investment

By Thu, Sep 18, 2014 2:59PM UTC Indian Prime Minister Narendra Modi, right, and Chinese President Xi Jinping wave to the media as Modi welcomes Xi upon his arrival at a hotel in Ahmadabad, India. Pic: AP.

NEW DELHI (AP) — Visiting Chinese President Xi Jinping and India’s Prime Minister Narendra Modi will hold talks aimed at boosting trade and Chinese investment even as their troops face-off along their disputed border in the Himalayas.

No sign of a rebound: Thailand tourist arrivals down more than 10% in August

By Thu, Sep 18, 2014 10:59AM UTC Western tourists soak up the sun on Kata Beach, Phuket. Pic: AP.

Exports and tourism have long been key reasons for Thailand’s good economic performance over the last two decades. Exports are down .42% in the first 7 months of the year, but bad tourism numbers are also a worry. TTR Weekly: International tourist arrivals to Thailand posted a decline of 10.66%, January

Tycoon buys 30 Rolls-Royce cars for Macau hotel

By Wed, Sep 17, 2014 4:21PM UTC Louis XIII Holdings Ltd. Chairman Stephen Hung, left, poses with Rolls-Royce Motor Cars CEO Torsten Mueller-Oetvoes. Pic: AP.

HONG KONG (AP) — A Hong Kong tycoon has placed the biggest ever order for Rolls-Royce cars, agreeing to buy 30 Phantoms for his luxury Macau hotel-resort. Stephen Hung’s purchase surpasses the 14 Phantoms bought by Hong Kong’s Peninsula Hotel in 2006. Hung and Rolls-Royce executives signed the deal Tuesday

Sony forecasts $2 billion loss, cites weak mobile

By Wed, Sep 17, 2014 4:10PM UTC Pic: AP.

TOKYO (AP) — Sony expects its annual loss to swell to more than $2 billion after writing down the value of its troubled mobile business.

Maldives supports China’s modern ‘Silk Road’ plan

By Tue, Sep 16, 2014 10:17AM UTC Xi Jinping. Pic: AP.

MALE, Maldives (AP) — The Maldives has promised visiting Chinese President Xi Jinping that it will support China’s modern “Silk Road” initiative.

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