China

Budget Battles

  • Kerry Warns North Korea of ‘Mistake’ on Missile Test

    By Arshad Mohammed and Jack Kim, Reuters

    Secretary of State John Kerry warned North Korea on Friday it would be a "huge mistake" to test launch a medium-range missile and said the United States would never accept the reclusive country as a...

  • Fast Food Chain’s Wings Clipped by China Bird Flu

    By Reuters

    Yum Brands Inc, the biggest foreign fast-food chain operator in China, is in danger of breaking its 11-year streak of double-digit profit growth as it scrambles to deal with food scares and bird flu...

  • This Little Red Bowl Fetched Over $9 Million

    By Grace Li, Reuters

    A red bowl with a lotus pattern broke the world record for Chinese Kangxi ceramics on Monday, fetching over $9 million after a bidding war won by a Hong Kong ceramics dealer at the last day of spring...

  • Japan's Huge Stimulus Plan: A Bold Roll of the Dice

    By Patrick Smith

    A young Japanese of 23 has never known anything but a wheezy, punked-out, slump-shouldered Japan—a country that has been in and out of recession and deflation since its famous bubble burst in 1990...

  • Hackers Attack South Korean Banks and Media

    By Reuters

    South Korean authorities were investigating a hacking attack that brought down the servers of three broadcasters and two major banks on Wednesday, and the army raised its alert level due to concerns...