South Korea's banks, whose average returns on equity are the worst among lenders in Asia and are less than half of their Chinese peers, are poised to benefit from a promised move by the country to ease heavy-handed regulation.
A crackdown on inside trading in China since the second half of last year has resulted in 39 suspects from over 20 financial institutions being handed over to police, the China Securities Regulatory Commission (CSRC) said on Friday.
The People's Bank of China (PBOC) is weighing changing rules governing how loan-to-deposit ratios are calculated at banks, a move that would boost liquidity conditions, sources with direct knowledge told Reuters.
Hong Kong kung fu movie star Jackie Chan feels ashamed of his son's drug abuse and hopes that one day he will speak out about the dangers of taking drugs, state news agency Xinhua reported.
Chinese police have fired on Tibetan protesters demonstrating after a series of deadly self-immolations by people from Tibet campaigning against Chinese rule of their Himalayan region, a rights group said on Friday.
China expressed concern on Wednesday about a protest against a Chinese-run copper mine in Myanmar in which a person was killed and some were wounded saying China urged its companies abroad to act responsibly and protect the environment.
A university in northwestern China has banned Christmas, calling it a "kitsch" foreign celebration unbefitting of the country's own traditions and making its students watch propaganda films instead, media said on Thursday.
China on Friday arrested Korean American missionary who was being held near the country's border with North Korea, signaling a toughening crackdown on Christian activists in the sensitive region.
Since 2001 the United States has tried virtually every strategy available to persuade Pakistan's army to take the threat of militancy more seriously, but 12 years and $28 billion in aid later, all the American approaches are widely viewed as having failed.
Dog skin produced by Chinese factories is used to make gloves, shoes and other products destined for export, footage provided to Reuters by an animal rights group shows.
A proposed A$8 billion ($6.52 billion) Aquis Great Barrier Reef Resort, backed by Honk Kong billionaire Tony Fung, was on Thursday granted regulatory approval by an Australian state planning department - clearing its first legislative hurdle.
Iranian Foreign Minister Mohammad Javad Zarif said on Wednesday nuclear talks with major powers were being conducted in a good atmosphere, "good steps" had been taken and more would follow.
China has launched a fresh security drive that allows it access to all transfers through the state-backed UnionPay credit card to identify suspicious transactions in Macau, the latest move in a crackdown on illicit funds leaving the country, the South China Morning Post reported on Wednesday.
The beheading of journalists by Islamist militants in Syria this year showed that reporters face a dangerous new threat, media freedom organization Reporters Without Borders said on Tuesday.
A court in China sentenced a well-known businesswoman to 20 years in jail for corruption on Tuesday, saying the woman with ties to a disgraced former railways minister was guilty of bribery and illegally running a business.
Hong Kong authorities arrested several pro-democracy activists on Monday as they cleared the last of three protest sites, marking the closure of demonstration camps in the city that have blocked streets for more than two months.
The court order that banned Chinese mobile maker Xiaomi from selling its phones in India has halted its breakneck expansion into the world's fastest growing major smartphone market and could be just the start of a string of patent challenges.
About 190 nations agreed on Sunday the building blocks of a new-style global deal due in 2015 to combat climate change amid warnings that far tougher action will be needed to limit increases in global temperatures.
Japanese Prime Minister Shinzo Abe's ruling coalition cruised to a big election win on Sunday, but feeble turnout could weaken his claim of a mandate for policies including reflationary steps to revive the economy.
A U.S. citizen who illegally entered North Korea delivered a lengthy denunciation of U.S. domestic and foreign policy on Sunday and said he was seeking political asylum in Venezuela, the North's official media said.
A former executive at a Chinese oil and gas company has avoided prison in the only U.S. criminal case to emerge from a broad accounting probe of China-based companies listed on American stock exchanges.
