Taiwan HTC's Q2 profits pummelled amid grim Q3 outlook

TAIPEI: Taiwan's leading smartphone maker HTC said Tuesday it may swing to a loss in the third quarter after reporting an 83 percent fall in net profits in the three months to June due to higher costs and inventories.

China and European Union strike deal on solar panels

China and the European Union have reached an agreement over low-cost solar panels that should help reduce tensions between the key trading partners.

China orders audit of government debt: Reports

BEIJING: China has called for an audit of all government debt, the national auditor announced Sunday, as concerns grow over official liabilities in the world's second-largest economy.

Japan's PM calls for high-level talks with China

(Reuters) - Japanese Prime Minister Shinzo Abe called on Friday for a leaders' summit or a foreign ministers' meeting between his country and China as soon as possible, drawing a cool reaction from Beijing which accused Japan of lacking sincerity.

Japan recovery seen intact despite likely June output fall

TOKYO: Japan's industrial production likely fell in June for the first time in five months as automakers curbed production to avoid an excessive increase in inventories, but this decline is likely to be temporary as exports to the United States remain strong.

China says it will spend $275 billion on pollution

BEIJING (AP) -- China will spend $275 billion to tackle air pollution over the next five years, a state newspaper reported Thursday, highlighting how the issue has become a priority for the leadership.

Shanghai Economy Posts Faster Growth on Services Expansion

Shanghai’s economy expanded 7.7 percent in the first half of the year as expansion for its service industries enabled China’s commercial hub to outpace the national average.