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Prosecutors in South Korea are seeking warrants to examine the assets of those close to Choi Soon-sil, the woman at the center of the country's snowballing political scandal and the confidante of impeached President Park Geun-hye. Around 40 people ha

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Todd: So now Dan you live in Bali, Indonesia, which is a very beautiful place and you do a lot of business in Southeast Asia. Why do you think Southeast Asia is a good place to do business? Dan: Well, one of the primary reasons is the lifestyle. If y

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John Key said this week that the government will sell some state assets after the next elections. He listed four energy companies: Solid Energy which is a coal company, and three electricity companies Meridian Energy, Genesis and Mighty River Power.

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How to Safeguard Your Income Im a big believer in diversification. Putting all your eggs in one basket is dangerous, especially in your personal finance. Diversification is a good way to reduce your risks. The question is how we should go about diver

Ericsson net income up 172 percent in 2010

STOCKHOLM, Jan. 25 (Xinhua) -- Global telecom giant Ericsson announced Tuesday that its net income in 2010 reached 11.2 billion kronor（克朗） (1.7 billion U.S. dollars), up 172 percent from 2009. Net income increased 172 percent to 11.2 billion

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BEIJING, Aug. 14 (Xinhua) -- The ratio of income earned by urbanites to that of rural residents is about 5.2, said a blue paper released by a major government think tank on Tuesday. According to The Urban Blue Book: China City Development Report No.

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BEIJING, Dec. 20 (Xinhua) -- China will increase its control over high earnings in monopolized sectors next year amid efforts to address income disparities, Minister of Finance Xie Xuren said Thursday. The government will improve its control policies

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BEIJING, Aug. 7 (Xinhua) -- China has allocated more than 20,000 hectares of land to support the construction of low-income housing this year, an official with the Ministry of Land and Resources said Tuesday. The nation plans to distribute 47,600 hec

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