BusinessWeek.com -- Asia

From Mao Jackets to Wrinkled Silk Suits

Thu, 09 Feb 2012 18:00:15 EST

A Chinese military uniform maker takes on European fashion houses

Canada's Harper Courts China

Fri, 10 Feb 2012 00:59:44 EST

Canadian Prime Minister Stephen Harper urged his Chinese counterpart to approve proposed investments by Manulife Financial Corp. and Bank of Nova Scotia as part of a broader effort to win greater access for Canadian companies in the Asian country.

Yuan Rises to 18-Year High

Fri, 10 Feb 2012 02:52:38 EST

The yuan rose to an 18-year high before Chinese Vice President Xi Jinping visits the U.S. next week.

Can Chips Save Sony?

Fri, 10 Feb 2012 15:50:23 EST

Incoming CEO Kazuo Hirai is turning to semiconductors to end unprecedented losses

Hirai Vows 'Painful' Steps to Cut Costs

Fri, 10 Feb 2012 17:08:38 EST

Sony Corp. incoming Chief Executive Officer Kazuo Hirai said he will make “a hard, painful decision” to cut costs in the TV business and supply chain to turn around a company facing a fourth straight annual loss.

Air India Demands $1 Billion from Boeing

Fri, 10 Feb 2012 00:22:12 EST

India's state-owned airline increases its demand for compensation following Boeing’s delays in delivering new 787 Dreamliners

Unexpected Loss for Tata Steel

Fri, 10 Feb 2012 07:14:02 EST

Tata Steel Ltd., India’s biggest producer, jumped the most in four weeks as prospects for higher alloy prices and lower input costs attracted investors undeterred by a loss from writing down inventory.

Asia Currencies Have First Weekly Loss in 2012 on Greece Concern

Fri, 10 Feb 2012 19:06:01 EST

Asian currencies had this year’s first weekly loss after European leaders held back a bailout package for Greece, sapping demand for emerging-market assets.

Asian Stocks Gain for Eighth Week on U.S. Jobless, Greece Pact

Fri, 10 Feb 2012 18:50:03 EST

Asian stocks rose for an eighth week, with the regional index capping its longest streak of weekly advances since 2005, after the U.S. jobless claims unexpectedly dropped and Greek political leaders struck a deal on a package of austerity measures.

Melco Crown Quarterly Profit Surges Sixfold on City of Dreams

Fri, 10 Feb 2012 18:49:09 EST

Melco Crown Entertainment Ltd., a venture between Australian billionaire James Packer and a son of gambling tycoon Stanley Ho, said profit increased more than sixfold as revenue at its City of Dreams casino rose 42 percent.

Rio Tinto Loses Bid to Challenge Australian Labor Ruling

Fri, 10 Feb 2012 18:37:39 EST

Rio Tinto Group lost a bid to keep using non-unionized workers in Western Australia’s Pilbara region, a decision a lawyer for the world’s third-biggest mining company said could affect other companies.

China’s Trade Slid More Than Forecast

Fri, 10 Feb 2012 04:57:56 EST

Overseas shipments decreased 0.5% and imports fell 15.3% from a year earlier

Equities Are `Excellent Place' to Invest, CLSA Says

Fri, 10 Feb 2012 02:32:39 EST

Feb. 10 (Bloomberg) -- Nicholas Smith, a Japan strategist at CLSA Asia-Pacific Markets Ltd., discusses investment strategy and his recommendation of Toyota Motor Corp. Smith, speaking from Tokyo with Linzie Janis and Owen Thomas on Bloomberg Television's "Countdown," also talks about the global economy.

Easing the U.S. Visa Hassle for Tourists Who Shop

Thu, 09 Feb 2012 10:50:53 EST

Retailers have successfully lobbied to get travel rules relaxed for the Chinese and Brazilians

Expats Say China's Mortgage Rules Too Restrictive

Wed, 08 Feb 2012 22:19:15 EST

Feb. 9 (Bloomberg) -- China said last week it will limit mortgage loans for home purchases by foreigners to stem overseas investment in its property market as part of efforts to cool prices. Bloomberg's Stephen Engle reports from Beijing on the potential impact this new regulation may have on expatriates who call the country home. (Source: Bloomberg)

More `Upside' Expected for China Stocks, ING Says

Wed, 08 Feb 2012 20:11:33 EST

Feb. 9 (Bloomberg) -- Michael Chiu, a fund manager at ING Investment Management Asia, talks about China's stocks and economy.¶ He also discusses Taiwan stocks. He speaks in Hong Kong with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

Movers & Shakers: Yahoo Chairman to Leave

Wed, 08 Feb 2012 09:47:27 EST

Feb. 8 (Bloomberg) -- Yahoo! Inc., a month after hiring Scott Thompson as chief executive officer, added two directors and announced the departure of Chairman Roy Bostock and three others in a board shakeup aimed at spurring a turnaround. Bloomberg’s Scarlet Fu reports.