Al-Qaeda leader Ayman al-Zawahiri has released a video coinciding with the anniversary of the September 11 attacks, confirming for the first time the death of his deputy, US monitors said.

The 42-min

In a Hong Kong tower block prostitutes in one-room brothels sell themselves for as little as US$40 a time and are often exploited by triad gangsters and abusive clients.

But an increasing number of s

Lenovo Group Ltd is on track to overtake Hewlett-Packard Co as the world's biggest PC maker by sales as soon as this year, making it the first Chinese company to grab the top spot globally in a techno

Even death does not provide relief from soaring property prices in Hong Kong, where those seeking a final resting place for a loved one face high costs and a shortage of space.

The squeeze has becom

Defiant protesters targeted China's President Hu Jintao in Hong Kong on Sunday as the former British colony swore in a new leader and marked the 15th anniversary of its return to Chinese rule.

"I vow

Defiant protesters targeted China's President Hu Jintao in Hong Kong on Sunday as the former British colony swore in a new leader and marked the 15th anniversary of its return to Chinese rule.

"I vow

Citigroup Inc has named Jonathan Larsen as global head of its retail bank, filling the position for the first time with an Asia-based banker, in a move underscoring the company's growth in the region.

Standard Chartered said on Wednesday it expects pretax profit in the first half of 2012 to grow by less than 10 per cent, slowing from previous years as growth in Asia eases and local currencies weake

Investment banks and brokerages across Asia have launched a sweeping round of job cuts as Europe's debt crisis and China's economic slowdown bite into the region's financial activity.

The bankers and

China has spent nearly $1 billion on an ultra-deepwater rig that appears intended to explore disputed areas of the South China Sea, one of Asia's most volatile hotspots and where the United States is