Countries on the Pacific Rim ended a two-day summit on an island off the Russian port city of Vladivostok by expressing concern about the state of the world economy, global food security and growing signs of protectionism.
Chinese President Hu Jintao has urged Asia-Pacific nations to speed up infrastructure development to help face the 'grave challenges' from the global economy, in comments that follow Beijing's unveiling of $157 billion in such projec
Asia-Pacific leaders will call on countries on Sunday to do what they can to prop up economic growth, rallying around the common threat from Europe's debt crisis despite divisions over trade and currency policies.
Fresh off a rare succ
The number of mobile money subscribers in emerging markets is forecasted to grow from 133 million users in 2010 at a compound annual growth rate (CAGR) of 40 per cent to reach 709 million users in 2015, said a report.
The total value of mo
Airlines in the Asia-Pacific region will grow strongly in the next few years but air transport in Europe is likely to stagnate, the outgoing head of the International Air Transport Association (Iata) said yesterday.
"Europe is by far the b