Sir Alex Ferguson to retire as Manchester United manager

Sir Alex Ferguson, the most successful manager in the history of British football, is to retire at the end of the season.

Airtel sells 5% stake to Qatar Foundation

India's largest mobile phone operator, Bharti Airtel, announced on Friday that it has agreed to sell a five percent stake in itself to the Qatar Foundation Endowment (QFE).

Alibaba buys 18% stake in Sina's Weibo

Internet giant Alibaba has bought an 18 percent stake in Twitter-like Weibo.

Chinese manufacturing growth slows in April

China's April manufacturing PMI, released by HSBC, slowed in April, adding to concerns about the country's economic recovery.

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.

Vettel wins Bahrain GP

Red Bull's Sebastian Vettel won the Baharain Grand Prix on Sunday, his second win in four races this year.

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.

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.

Glencore Xstrata deal gets Chinese approval

China has approved commodities trader Glencore's $64 billion merger with mining group Xstrata.

S Korea plans 17.3tln won stimulus package

South Korea has unveiled a 17.

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.

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.

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 - with no signs of the escalating crisis with the South easing after it rejected talks aimed calming tensions and re-opening the.

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.

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.

Infosys shares slide as revenue forecast disappoints

Shares in India's second-largest software firm Infosys have plunged after its growth forecast for the current financial year fell short of market expectations.

South Africa's MTN prequalified for Myanmar telecoms licence

South Africa-based multinational mobile telecommunications group MTN on Friday said its subsidiary MTN Dubai was one of 12 operators to be prequalified by the Myanmar Telecommunications Ministry for two telecommunications licences in the country.

Japanese auto giants recall 3.4m cars

Japan's top four carmakers – Toyota, Honda, Nissan and Mazda - are recalling almost 3.

Captains charged with 39 counts of manslaughter following 2012 Hong Kong ferry crash

Hong Kong police have charged the captains of two vessels that collided off Hong Kong's Lamma Island last year with several counts of manslaughter.