Robust rise in Chinese wages through 2015

China will likely see “strong” increases in salaries in the five years through 2015 as the nation’s supply of labor dwindles and consumers begin to spend more and save less, Credit Suisse Group AG said…

Japan media pushes Tokyo toward China

Major Japanese media outlets have named improving ties with China the top task for Japan’s cabinet in 2011 in their special new year coverage. The Kyodo News Agency said it is a diplomatic priority for…

Israel confirms major gas find

Noble Energy, a US-based oil and gas firm, along with its Israeli exploration partners, have confirmed the discovery of a huge offshore gas field called Leviathan, 130km off the coast of the Mediterranean port of Haifa. Delek Energy, one…

Korean Crisis:China backs Six-Party Talks

Beijing on Thursday reiterated its support for talks between the Republic of Korea (ROK) and the Democratic People’s Republic of Korea (DPRK) after Seoul signaled a desire to ease tensions on the Korean Peninsula. “Talks…

Japan concious of business relations with China

 Japanese Ambassador Uichiro Niwa recently embarked on a three day visit in China.  According to China Daily, Niwa met Japanese entrepreneurs and local officials in a move that analysts said will help improve strained ties between…

Asia: Guinea Pigs Aplenty for Drug Giants

Bangkok, Thailand — Before any pill reaches the pharmacy shelf, it must first pass through a gauntlet of human guinea pigs: the “clinical subjects” paid to take trial drugs so specialists can observe their symptoms….