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China's Geely takes stake in Proton, Lotus
Chinese auto giant Geely on Wednesday announced it was taking a 49.9 percent stake in Malaysia's troubled Proton as well as a 51 percent share in British sports car brand Lotus.
 
China's biggest online retailer, JD.com Inc., announced plans Monday to develop drone aircraft capable of carrying a ton or more for long-distance deliveries.
 
China said it will further open up its oil and gas sector to private investment as it seeks to overhaul an industry still dominated by a handful of state-run firms.
 
Cathay Pacific sacks 600 staff
It's the Hong Kong-based airline's biggest round of firings in two decades.
 
Standard & Poor's raises Indonesia credit rating
Standard & Poor's raised Indonesia's sovereign credit rating to investment grade on Friday in recognition of a stable governing coalition and improved control over government finances.
 
Malaysia's economy grew at its fastest pace in two years during the first quarter, the central bank said Friday, boosted by stronger domestic demand and a pick-up in exports.
 
Chinese investors who failed in their bid to buy Hull City last year have succeeded in taking over Reading, who are one win away from the Premier League.
 
Xi says Silk Road plan boosts finance, security ties
Chinese President Xi Jinping called Sunday for closer cooperation among countries across Asia and Europe in areas from anti-terrorism to finance, as officials from dozens of governments met to promote a Beijing-led initiative to expand trade links across the region.
 
Thai economy picks up slightly in first quarter
Thailand's economy saw a slight pick-up in the first quarter of the year, data showed on Monday, as the junta-run nation recovers from a dip caused by the recent death of its long-reining king.
 
When Saurabh Ahuja tried to import a US$600 3D printer for manufacturing drones in his Delhi workshop, he ended up spending another US$900 in taxes and bribes and waited three months for it to clear customs.
 
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