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Samsonite announces worldwide luggage range recall

US company Samsonite said on Tuesday it was pulling its Tokyo Chic luggage from stores worldwide after a Hong Kong consumer group found parts contained high levels of chemicals that may cause cancer.

6.4 quake hits off east coast of Japan: USGS

A 6.4-magnitude undersea earthquake on Monday jolted the sea area off the east coast of Honshu, the main island of Japan, US seismologists said, but no tsunami alert was issued.

The US Geological Su

6.1 quake hits off southwest Philippines: USGS

A 6.1-magnitude earthquake jolted the sea area off the Philippine island of Luzon early on Sunday, US seismologists said.

The US Geological Survey said the quake had a depth of 35 kilometres (22 mile

Firepower bristles in South China Sea as rivalries harden


In the early years of China's rise to economic and military prowess, the guiding principle for its government was Deng Xiaoping's maxim: 'Hide Your Strength, Bide Your Time'.

Now, more than three dec

Analysis: China's nine-dashed line in South China Sea


Alongside an armada of paramilitary patrol vessels and fishing boats, China has fired off a barrage of historical records to reinforce its claim over a disputed shoal near the Philippines in the South

Asia's richest man anoints son to head business empire


Hong Kong billionaire Li Ka-shing on Friday confirmed that his eldest son will eventually control his business empire, but the 83-year-old tycoon dismissed suggestions that he is about to retire.


Formula One to make $3bn initial public offering, set to start pre-marketing

Bernie Ecclestone c.jpg.crop_display.jpg

Motor racing business Formula One will start pre-marketing for its up to $3 billion Singapore initial public offering on May 22 after receiving approval from the city's stock exchange for the deal, so

Bain, TPG's Lilliput woes a warning on India investing


Last September, less than two weeks after an IPO plan was approved, the private equity owners of Lilliput Kidswear got a call that set off a chain of events that could wipe out their investment.


Cathay Pacific shares plunge on cost-cutting drive


Shares in Cathay Pacific plunged Thursday, after the Hong Kong flag carrier announced a raft of cost-cutting measures and warned of 'disappointing' first-half results due to high fuel prices.

The fir

Chery seeks $951 mln loan for Jaguar Land Rover JV

China's largest passenger vehicle exporter, Chery Automobile Co Ltd is in talks with banks for a roughly Rmb 6bn loan ($951 mln) for its joint venture with Jaguar Land Rover Ltd, a wholly owned subsid

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.