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The Chinese capital is now in fifth place for the world’s most expensive office space

Beijing office rents to top New York

Office rents in Beijing are more expensive than New York after rising 75 percent last year as China’s rapid economic growth sparked strong demand, an ... Full story

Chinese Vice President Xi Jinping arrives on US on Tuesday for a get-to-know-you visit with Obama (File Photo)

US-China trade tensions rising ahead of Xi visit

A barrage of complaints over Beijing’s allegedly discriminatory trade policies awaits Chinese Vice President Xi Jinping, the country’s leader-in-waiting, when he visits Washington next week.Trade ... Full story

Asian stocks dip on Greek debt impasse

Asia’s major stock markets were mostly lower yesterday, tracking overnight losses on Wall Street, with investors retreating after Greece again failed to cut a deal ... Full story

‘Scoot’s all about offering great value, fun and a unique attitude – ‘Scootitude’: CEO Campbell Wilson

Gold Coast second route for Singapore budget carrier

Singapore Airlines’ new long-haul budget carrier Scoot said yesterday Australia’s Gold Coast would be its second destination, having already announced routes to Sydney.Scoot will begin ... Full story

US wind firm presses theft charge

US wind energy company AMSC said Monday it had filed three civil lawsuits in Chinese courts against rival Sinovel Wind Group Co., which ... Full story

Commercial traffic resumes on Shatt al-Arab  

Commercial traffic has resumed on the strategic Shatt al-Arab waterway after 31 years, with the opening of a port for oil giant Shell, an Iraqi ... Full story

Beijing bans airlines from paying EU carbon charges

China said yesterday it has banned its airlines from complying with an EU scheme to impose charges on carbon emissions opposed by more than two ... Full story

Asian markets mostly higher on US jobs data

Asian markets mostly rose yesterday, tracking gains on Wall Street after strong US jobs data but worries about Greece’s unresolved debt crisis – and default ... Full story

‘If we were to see that everything was failing in Greece then there wouldn’t be a new [refinance] programme’: Jean-Claude Juncker

Judgement day for Greek default rescue

Greek PM Lucas Papademos summoned political allies to an emergency meeting yesterday after hours of “superhuman” negotiations with EU-IMF bailout auditors failed to produce a ... Full story

‘Our exchanges with Europe, which used to account for 90 percent of our trade, now represent only 23 to 24 billion of our 200 billion dollars in trade’: Ahmadinejad

Sanctions-hit Iran turns increasingly to Asia

Grappling with US and EU sanctions that have become progressively tougher over the past 18 months, Iran is increasingly turning to Asia – in particular ... Full story