XML Asia News

Xi and Modi Talk Trade as Dispute Simmers

published about 6 hours ago
Xi and Modi Talk Trade as Dispute Simmers
Indian troops faced off against Chinese soldiers who began building a road in an area that India regards as its territory, while leaders from the two nations sought to deepen economic ties.

Sony Shares Slump

published about 7 hours ago
Sony Shares Slump
Sony's share price fell nearly 10% in Tokyo after the company's announcement the day before that it would post a loss of more than $2 billion in the current fiscal year and stop paying dividends.

A Mole Inside Assad's Embassy Aided Syrian Rebels

published about 7 hours ago
A Mole Inside Assad's Embassy Aided Syrian Rebels
A Syrian diplomat in Washington grew sympathetic to foes of the Assad regime and used his office to issue passports for anti-Assad rebels.

Fed Plots Cautious Course on Rate Hikes

published about 7 hours ago
Fed Plots Cautious Course on Rate Hikes
The Federal Reserve took two steps toward winding down the historic easy-money policies that have defined its response to the financial crisis but stopped short of the move markets are awaiting most: signaling when interest rates will start to rise.

Alibaba IPO Gives Insiders Rare Chance to Sell Early

published about 7 hours ago
Alibaba IPO Gives Insiders Rare Chance to Sell Early
A swath of early investors in Alibaba will be able to sell more than $8 billion of shares on the day the Chinese e-commerce company goes public, an unusual arrangement that is influencing how bankers price the offering.