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(MENAFN - AFP) Shanghai stocks recovered Wednesday after plunging more than 11 percent in the past three sessions but there were mixed results for other Asian markets, with some unable to sustain a morning rally.

Buyers were given a healthy lead from Wall Street, which climbed Tuesday for the first time after five sessions of losses as dealers await a key US Federal Reserve ...

 
(MENAFN - AFP) An experimental vaccine for Middle East Respiratory Syndrome (MERS) showed promising results in animal testing, sparking an immune system response that could lead to a vaccine for people, researchers said.

Currently there are no licensed vaccines for MERS, which first appeared in 2012 and has caused numerous scares including a recent deadly outbreak in South ...

 
(MENAFN - AFP) Japanese video game giant Nintendo said Wednesday it swung to a $67 million net profit in the three months to June, owing to a jump in console sales and a weaker yen.

The company, whose chief executive Satoru Iwata died of cancer at the age of 55 this month, said its 8.28 billion yen net profit reversed a loss of 9.92 billion yen a year earlier.

It said ...

 
(MENAFN - AFP) A Beijing court has dismissed a trademark case brought by US basketball superstar Michael Jordan against a company using a similar name and logo to his Nike-produced brand, a report said.

The former Chicago Bull is arguably the most popular international basketball star in China and is known in the country as "Qiaodan", a Chinese version of his name.

He ...

 
(MENAFN - AFP) Barclays increased net profits by 43 percent in the first half as cost-cutting and higher revenue offset provisions for settling a series of scandals, the troubled British bank announced Wednesday.

Barclays, which earlier this month sacked chief executive Antony Jenkins with the bank plagued by market-rigging scandals, said profit after tax increased to £1.611 ...

 
(MENAFN - AFP) Japanese carrier ANA said Wednesday its net profit more than doubled to $68 million for the April-June quarter thanks to strong results in its international business on the back of a weak yen.

ANA Holdings, the parent company of All Nippon Airways, reported the soaring profit after an expansion at Haneda airport in downtown Tokyo allowed it to run more overseas ...

 
(MENAFN - AFP) German consumers' outlook for Europe's biggest economy declined sharply in July due to fears the Greek crisis will rumble on in the coming months, a poll found on Wednesday.

"The long and difficult struggle to resolve the debt crisis in Greece has kept the country from default for now," market research company GfK said in a statement.

"However, this has ...

 
(MENAFN - AFP) Move over Tinder -- a crop of dating apps in smartphone-addicted Asia is offering to recruit friends for group dates or send along a chaperone to steer the course of romance.

While dating apps developed in the West encourage one-on-one, often no-strings-attached meetings, many in Asia are as much about old-school courtship or friendship in a region where meeting ...

 
(MENAFN - AFP) Some 5,000 foodies and fashionistas gathered late Tuesday on the banks of the Hudson River in New York for the fifth edition of the "Diner en blanc" (Dinner in White).

Organizers of the pop-up picnic where attendees dress to the nines entirely in white chose the huge Pier 26 structure this time in the hip Tribeca neighborhood.

In accordance with tradition, ...

 
(MENAFN - AFP) British singer Jane Birkin has asked luxury manufacturer Hermes to remove her name from its crocodile-skin handbag after learning of the "cruel" methods used to make the iconic accessory.

Costing tens of thousands of euros, the Birkin bag is a symbol of wealth and is much-loved by celebrities, but the version made out of crocodile skin has attracted the ire ...

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