Samsung Electronics has said that it expects its profits to surge 79% in the second quarter as sales of its smartphones continue to grow.
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Philippines credit rating upgraded to a nine-year high
Ratings agency Standard & Poor's (S&P) has raised the Philippines' credit rating, taking it one step away from its aim to become an invetsment grade economy.
Toyota and Honda US sales surge as recovery continues
Sales of Japanese carmakers Toyota and Honda surged in the US in June as they continued to recover from last year's earthquake and tsunami.
Shark sighting in Hong Kong sparks warnings
Hong Kong authorities on Tuesday urged the public to remain alert after a shark sighting prompted a one-day closure of popular beaches across the territory at the height…
Karzai to seek $3.9 bn annual aid at donors meeting
Afghan President Hamid Karzai will seek $3.9 billion in annual international assistance to rebuild the economy when he attends a conference this weekend in Tokyo, Japanese media reported…
Suu Kyi defiant in ‘Burma’ row
Opposition leader Aung San Suu Kyi on Tuesday brushed off orders from Myanmar's government to stop calling the country "Burma", a name widely used by democracy campaigners to…
Whaling nations defeat proposed Atlantic sanctuary
Japan and its allies shot down a Latin American-led proposal to create a sanctuary for whales in the southern Atlantic Ocean, reigniting international tensions over Tokyo's whaling.
Air India pilots ‘to end strike’
Pilots of national carrier Air India are set to call off their strike after almost two months, reports say.
India to launch $75m mission to forecast rains
India is launching a $75m (£48m) research project using computer models to understand the south-west monsoon and forecast the rains more accurately, officials say.
Chinese megacity limits new car sales
China's booming southern city of Guangzhou has imposed a cap on the number of cars allowed to be sold in an effort to curb worsening traffic and pollution,…