Apple issues China apology

Apple's CEO Tim Cook has apologised to Chinese consumers after state media accused the technology giant of "arrogance", double standards, and of "throwing its weight around" with regards to its customer service and returns policies.

Boeing delivers 1,000th plane to China

Boeing and China Eastern Airlines have celebrated the delivery of the 1,000th Boeing airplane for China, one of the world's "most dynamic markets for commercial airplanes".

Qantas-Emirates alliance gets final approval

Qantas Airways has won final approval from Australia's competition watchdog for its partnership with Emirates.

Foxconn posts record quarterly profit

Taiwanese contract electronics manufacturer Hon Hai Precision Industry has posted record quarterly profits helped by growing demand for iPhones and iPads.

China to become world's biggest online market

China is set to become the world's biggest online market with online sales forecast to exceed $420 billion annually by 2020.

Chinese manufacturing activity improves in March

Manufacturing activity in China picked up speed in March after expanding at its slowest pace in four months in February, an initial HSBC survey has shown.

China's solar giant Suntech bankrupt

China's Suntech Power, one of the world's biggest solar-panel makers, has gone bust.

The end of 'marmaggedon' - Kiwis welcome back Marmite

It is often said that you either love it or hate it but New Zealanders clearly have a passion for Marmite - the spread they affectionately call 'black gold'.

VW recalls 384,000 cars in China

China's quality watchdog the General Administration of Quality Supervision, Inspection and Quarantine of China has said in a statement on its website that carmaker Volkswagen AG will recall 384,181 vehicles in the country to fix a long-standing gearbox problem.

Beckham begins role as Chinese football ambassador

David Beckham has arrived in Beijing to begin his new role as a special ambassador for Chinese football, according to reports.

India cuts interest rate

India's reserve bank has lowered its benchmark repo rate, the rate at which it lends to commercial banks, by 25 basis points in a bid to jumpstart the country's economy.

Fukushima plant hit by power failure

Japan's tsunami-hit Fukushima nuclear plant has been hit by a power failure, affecting its cooling systems for spent fuel ponds.

Euro ministers urge Cyprus rethink

Eurozone finance ministers have asked Cyprus to rethink plans for a one-off tax of 6.

Airbus wins record order from Indonesia's Air Lion

European plane maker Airbus has announced it has received a record order from Indonesia's Lion Air for 234 medium-haul A320 jets.

Lego to build factory in China

Danish toy maker Lego has announced plans to build its own factory in China to serve the rapidly growing Asian market.

Tokyo stocks dive on Cyprus bailout

Tokyo stocks fell 2.

Li Keqiang named China's new premier

Li Keqiang (pictured right) has been named China's new premier, replacing Wen Jiabao.

Kuroda named BOJ governor

Haruhiko Kuroda is the new governor of the Bank of Japan, after Japan's parliament approved his appointment.

Volkswagen to open seven China factories

Volkswagen is planning to open seven more factories in China, chief executive Martin Winterkorn says.