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(MENAFN - AFP) Construction on a massive new international passenger airport in Beijing began Friday, state media reported, as booming demand for travel to and from China stretches the capacity of existing facilities.

Beijing's current international airport is the world's second busiest, but also one of the most delayed, with fewer than 20 percent of commercial passenger ...

 
(MENAFN - AFP) Japan Post on Friday confirmed a long-awaited plan to list its shares in Tokyo with the government-owned firm set for what could be one of the world's biggest share sales.

The parent company, along with its insurance and banking units, would launch an initial public offering in the middle of the 2015 fiscal year, which begins in April, but executives declined ...

 
(MENAFN - AFP) Japan Post on Friday confirmed a long-awaited plan to list its shares in Tokyo with the government-owned firm set for what could be one of the world's biggest initial public offerings.

Japan Post, along with its insurance and banking units, would launch the IPO in the middle of the 2015 fiscal year, which begins in April, but it declined to comment on the size ...

 
(MENAFN - AFP) Japan Post on Friday will announce details of its long-awaited initial public offering in what could be one of the world's biggest-ever share sales.

Plans for the IPO come amid hopes that the move by what is effectively the world's biggest bank could boost investor sentiment and spur efforts to cut red tape in Japan's highly regulated economy.

Executives ...

 
(MENAFN - AFP) China tied the restive far-western region of Xinjiang closer to the rest of the country Friday, opening a high-speed rail line between its capital Urumqi and Lanzhou, in neighbouring Gansu, nearly 1,800 kilometres away.

A slick bullet train took off from Lanzhou West Railway Station at 10:49 am (0249 GMT), with female attendants in Uighur and other ethnic ...

 
(MENAFN - AFP) After an hour-long trek down mine shafts twisting some 700 metres (2,300 feet) below ground level, Yevgeny Kachel lies on his stomach as he ploughs a drill into a seam of coal.

A few minutes crawl away, another sweat-drenched miner churns up clouds of thick black dust with a jackhammer.

Just as it has done since work started here some 50 years ago, ...

 
(MENAFN - AFP) Japan's factory output and inflation rate slowed in November, official data showed on Friday, dealing a fresh challenge for Tokyo's bid re-boot the economy, just days after pro-business prime minister Shinzo Abe was re-elected following a snap election.

The weak figures raised the prospect of further easing by the Bank of Japan as its ambitious 2.0 percent ...

 
(MENAFN - AFP) Asian markets were mixed on Friday with trade quiet across the region as key bourses remained closed for the Christmas holidays.

Tokyo slipped 0.17 percent by the break, while Shanghai edged up 0.18 percent, Shenzhen added 0.04 percent and Seoul was up 0.24 percent in morning trade.

Trade was muted in Asia as stock exchanges in Hong Kong, Australia, New ...

 
(MENAFN - AFP) On a sprawling, lush cocoa plantation in Mukono outside the Ugandan capital Kampala, farmers have been sampling chocolate for the first time ever.

"When we gave our farm manager the first product to taste his face was so amazing, he was saying 'really this is coming out from what we are doing'" said Felix Okuye, 28, the executive director and co-founder of ...

 
(MENAFN - AFP) Japanese core consumer inflation continued to slow in November, official data showed Friday despite efforts by the government and central bank to make a clear break from deflation.

Inflation, excluding volatile prices of fresh food, slowed to 2.7 percent from 2.9 percent in October, according to data from the internal affairs ministry.

Prices rose from ...

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