China's President Xi Jinping pledged on Sunday that change and peaceful development will power his country's economic rise and sustain growth within its borders and beyond.

Former Japanese Prime Minister Yasuo Fukuda said he briefly met Chinese President Xi Jinping on Sunday in his capacity as chairman of an international conference, but there was no discussion of bilateral tensions.

Japan and Australia plan to sanction North Korea's Foreign Trade Bank as part of U.S.-led efforts targeting Pyongyang's main foreign exchange bank for the role Washington says it has in funding the country's nuclear program.

The Indonesian government has placed anti-dumping duties on steel imports from five countries, including Taiwan, to offset material injury on the local industry caused by dumped products.

Hong Kong has overtaken Singapore and Taiwan to top an annual ranking of overall competitiveness among Asian economies, according to a report released by the Boao Forum for Asia (BFA) yesterday.

China is trying to punish ally North Korea for its nuclear and missile tests, stepping up inspections of North Korean-bound cargo in a calibrated effort to send a message of Chinese pique without further provoking a testy Pyongyang government.

Chinese President Xi Jinping told his South Korean counterpart on Wednesday that Beijing is willing to help “reconciliation” between Seoul and Pyongyang, the foreign ministry said.

China warned against the bolstering of military power and urged caution on Monday after the U.S. announced it would increase its missile defenses in response to threats from North Korea.

Japan, China and other nations that support shark fishing on Thursday lost a bid to overturn a landmark deal that offers global trade protection for several species of the ocean's oldest predator.

The Philippines is sending a navy ship to waters off eastern Malaysia to bring back some of about 180 Filipinos who became locked in a standoff with Malaysian authorities after traveling to the area to claim the territory, officials said Sunday.