Japan recovery “few years” away warns Finance Minister
Japan’s Finance Minister Taro Aso has warned that economic recovery is at least a “few years” away and it may take longer than the targeted two years to reverse the country’s deflation.
Burberry sales up 9% on Chinese demand
Iconic British fashion group Burberry says sales jumped nine percent in the second half of its financial year thanks to a rise in Chinese demand for its products.
Glencore Xstrata deal gets Chinese approval
China has approved commodities trader Glencore’s $64 billion merger with mining group Xstrata.
Hertz partners with China Auto Rental
Car hire firm Hertz has agreed a deal to buy a 20 percent stake in China Auto Rental, as it looks to expand its presence in China.
Boston ‘terror’ blasts injure 140, three dead
Two explosions near the finishing line of the Boston Marathon have left three people dead and more than 140 injured.
Asia markets tumble following Boston blasts
Stock indexes across Asia have fallen after two explosions at the Boston Marathon finish line on Monday unnerved investors, adding to the negative tone in Asian trade.
South Korea plans 17.3tln won stimulus package
South Korea has unveiled a 17.3 trillion won stimulus plan designed to boost its economy and growth prospects, its Finance Ministry said on Tuesday.
Alonso wins Chinese GP
Ferrari’s Fernando Alonso won a drama-packed Chinese Grand Prix on Sunday, with Lotus’ Kimi Raikkonen and Mercedes’ Lewis Hamilton finishing second and third.
China’s economic growth slows
China’s economy, the world’s second largest, has slowed and performed worse than expected in the first three months of the year.
North Korea celebrates Kim Il-sung birthday
North Korea has marked the birthday of its founder Kim Il-sung – the grandfather of current leader Kim Jong-un.
