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Last week, Ben Simpfendorfer, Hong Kong-based chief China Economist for the Royal Bank of Scotland and the author of the new book "The New Silk Road" had an interview with the New Yorker magazine, talking about the long-term interaction between...

So they say technically, we are not in recession because an economy only goes in recession when the country's domestic economic output or GDP declines for two consecutive quarters. But looking at the current pandemic engulfing United States of America...

While retail business has been seriously affected by the global recession, WishRoom, a Tokyo-based online lingerie shop, has been attracting more and more customers, especially male customers, who are interested in its funky Men's Bra Collection, according to Masayuki Tsutiya,...

North Korea's phantom hotel is stirring back to life. Once dubbed by Esquire magazine as "the worst building in the history of mankind," the 105-storey Ryugyong Hotel is back under construction after a 16-year lull in the capital of one...

In 2005, China decided to place order for 60Bullets Trains from a Japanese consortium led by Kawasaki Heavy Industries as Beijing turns to both Japanese and German firms to expand its rail network. Lately, China start the production of Bullet...

SYDNEY, Australia - Ken Johnson, 52, can make up to $400 on a good day and earns up to $50,000 a year from good hearted folks. He sits on busy George and Market Street, up to sixteen hours daily, seven...

MICROSOFT and Rupert Murdoch's News Corp are in discussions planning to remove its websites from Google. The move could make Microsoft force Google to pay to index news or for the software giant to pay to include the news results...

Australia has given a cause to cheer for the Western economies by becoming the maiden country to increase the key interest rate since the world got engulfed in the financial crisis that started two years ago. The Reserve Bank of...

In an attempt to be daringly different, Air New Zealand has bared all - well, literally. The in-flight safety instructions that are such a routine affair in any flight now comes with dollops of creativity what with the airline staff...

With the turnaround in the economy Vietnam is already facing an inflation problem and is beginning to raise interest rates to slow it down. Vietnam has also adjusted the exchange rate on the dong -the Vietnamese currency--to a record low...