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Taiwan and China to hold historic summit

Taiwan’s President Ma Ying-jeou will meet his Chinese counterpart Xi Jinping in Singapore on Saturday.


China ends decades-long one-child policy

China has decided to scrap its decades-long “one-child” policy -35-year-old to be precise - allowing all couples to have two children, for the first time since draconian family rules were introduced more than three decades ago.


China cuts interest rates in a latest bid to boost economy

The Chinese finally took action after Black Monday’s carnage sent global stock exchanges plummeting in a matter of hours amid continued worries about the country’s deflated currency.


Tensions escalates as North Korea goes war-ready against the South

Half a century has passed since the Civil War between North and South Korea evolved into a global conflict, but the two rival nations are still nurturing a straining relationship.


Japan’s economy shrinks in second quarter, puts ‘Abenomics’ plan in jeopardy

Already burdened by weaker consumer spending and exports, Japan’s economy shrank further by 0.4 percent in the second quarter, between April and June, official data showed on Monday, creating a setback for the Prime Minister’s ‘Abenomics’ revitalization program that seeks to remedy two decades of stagnation.

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