Ouch! U.S. booted from Triple-A debt club

The Triple-A debt club just got even more exclusive: Late Friday, the United States was booted out of a prestigious group of countries that boast a spotless credit rating.

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Thailand gets first female Prime Minster

Yingluck Shinawatra became politically turbulent Thailand's first female prime minister yesterday after parliament endorsed her crushing election victory.

China mulls new regulator for state financial sector

China is considering a proposal to create a ministerial-level body to manage its state-owned banks and non-bank financial enterprises, two sources with knowledge of the plan said, a move that would strengthen Beijing’s grip on its lenders.

Wenzhou crash response exposes rot in political system

Calls grow for overhaul to restrict unlimited power and prevent its abuse after accident reveals flaws

Made for China

Chinese faces are different from Westerners and most sunglasses are created according to Western facial features. But help is at hand, Gan Tian finds out.

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Skyscraper boom in China

China is in the midst of a skyscraper boom.

Taxi driver protests hit two Chinese cities

Thousands of taxi drivers in China’s eastern city of Hangzhou went on strike Monday over high petrol prices and traffic congestion, while drivers in Shanghai also protested over benefits.

Critics denounce ban on rail disaster reports

Decision by propaganda authorities’ to restrict unfavourable coverage shows that a ‘decades-long habit of muzzling’ is still in force, say analysts

Families may sue railways ministry

Frustrated by the handling of their demands, relatives of victims of the Wenzhou disaster say they may have to resort to court action for justice

18 killed in 2 attacks in troubled NW China

A city government said Monday that six more civilians died and five “terrorist” suspects were killed by police in one of China’s most troubled ethnic regions, raising the death toll from weekend violence to 18.