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China charges Rio staff with bribery
China has indicted four employees of Anglo-Australian mining giant Rio Tinto on charges of bribery and violating commercial secrets
Honda airbag risk triggers global recall
Japanese carmaker says it will recall another 438,000 vehicles globally to fix a defect that can cause airbags in several models to over-inflate and rupture when deployed
BHP Billiton cautious on recovery
Anglo-Australian mining group remains cautious about the speed and strength of recovery across the developed world as it reports better than expected half-year results
SMIC announces management overhaul
China’s largest contract chipmaker by capacity, announced sweeping management and strategy changes and said it was negotiating a fresh capital injection following a widening loss
China search engine Baidu beats estimates
China’s leading internet search engine company reports a nearly 50 per cent jump in net profit for the fourth quarter, outperforming expectations while raising its guidance
Bolton’s new China investment trust unveiled
Trust aims to raise around £630m to invest in China
Dubai groups line up Asian asset sales
State-linked Dubai entities have started talks to divest Asian assets as the emirate steps up the pace of its overseas asset sales to help ease its $100bn debt burden
Toyota chief reassures US consumers
The Japanese carmaker is recalling nearly half a million of its hybrid cars, including its flag ship Prius model, to fix a problem with the software that controls its brakes
Macquarie shares fall as forecast disappoints
Macquarie shares have dropped 6 per cent after the Australian investment bank disappointed the market with second-half profits guidance that failed to match estimates
Rebuff to Delta as JAL sticks with American
Japan Airlines has decided to maintain its business partnership with American Airlines, spurning an offer by American rival Delta to defect to the latter’s SkyTeam alliance
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