Daimler takes 12% stake in its Chinese partner BAIC
Mercedes-Benz owner Daimler AG has taken a 12 percent stake in its Chinese partner Beijing Automotive Group (BAIC Group), one of China’s biggest car makers.
Taiwan loses African ally Gambia
Taiwan has lost an African ally in the shape of the Gambia which says it is cutting all ties with the tiny Southeast Asian nation.
Japan’s economic growth slows in Q3
Japan’s economy slowed dramatically in the three months ended September, with an annual grow rate of just 1.9 percent compared to 3.8 percent in the previous quarter.
Singapore Airlines profits rise in Q2
Singapore Airlines has reported that its net profit for the second quarter rose almost 80 percent, boosted by the sale of aircraft, spare engines as well as increased passenger traffic.
UN launches Philippines aid appeal
The UN has launched an aid appeal for $300 million to help relief efforts in typhoon-hit areas of the Philippines.
The rise of Alibaba
Alibaba is China’s biggest e-commerce group and its profits the envy of companies around the globe.
Thousands feared dead following Philippines typhoon
Up to 10,000 are estimated to have died in the Philippines from super typhoon Haiyan, which reportedly destroyed around three-quarters of the area of the country’s Leyte province.
Largest storm ever recorded hits Philippines
Super typhoon Haiyan – reported to be largest ever recorded, topping hurricane Camille in the U.S. in 1969 – has hit the Philippines with winds of 195mph
Philippines braced for arrival of Typhoon Haiyan
Typhoon Haiyan, a category five storm, is expected to make landfall in the Philippines on Friday.
Toyota profit jumps, raises FY forecast
The world’s biggest carmaker, Toyota, has reported a net profit of one trillion yen for the six months to the end of September.
