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Business

Asia's biggest arms, aerospace event begins under China shadow

SINGAPORE (Reuters): Asia launched its biggest exhibition of aircraft and military hardware on Tuesday as a new report said China's defence expenditures would exceed the combined spending of all other major countries in the region within three years.

Business

IATA seeks UN deal to avert trade war

SINGAPORE: Global airlines have called for a deal brokered by a United Nations agency to avoid an impasse between China and the European Union (EU) over jet pollution spilling into a trade war.

World

Lawmakers urge US to press China currency at WTO

WASHINGTON (Reuters) - Two top U.S. lawmakers on Tuesday urged President Barack Obama's administration to broaden efforts to pressure China to change its currency practices by raising the issue at a World Trade Organization symposium in March.

Business

Cries of EU biofuel discrimination grows louder

LATELY, the debate has grown louder over the discriminatory nature of the European Union’s (EU) default values for biofuels especially on imported biofuel feedstocks like palm oil and soybean oil.

Business

Association: China airlines won’t pay EU carbon tax

HONG KONG: China’s airlines will refuse to pay any carbon costs under the European Union’s (EU) Emissions Trading Scheme, while other Asia-Pacific carriers, already battling a weak travel market, are likely to pass on the extra cost to passengers.

World

Lufthansa warns EU scheme to raise fares

FRANKFURT/PARIS (Reuters): Germany's Lufthansa told passengers on Monday to brace for higher ticket prices as it refuses to shoulder the costs of a carbon trading scheme at the centre of a brewing trade spat.

Business

Fear factors for Asia in 2012

As we bid farewell to a volatile 2011, and usher in a seemingly more challenging new year, i>StarBizWeek/ipolls 10 major factors that could trigger economic fears in Asia in 2012.

Business

Analysis: Obama toughens tone with China as businesses vent

HONOLULU, Nov 13 (Reuters) The head of Boeing chose his words carefully as he explained to U.S. President Barack Obama the dilemma that Corporate America faces in trying to do business in China.

Business

Asia airline body raps plan for carbon tax

SEOUL: The director-general of an Asian airline association criticised plans for a carbon tax on carriers flying to and from Europe, saying it pits the continent against the rest of the world.

World

China slams U.S. over solar complaint

BEIJING (Reuters) - China on Friday issued a harsh rebuke of an anti-dumping complaint filed by U.S. solar firms, warning the United States not to take protectionist measures that could harm the global economy.