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(MENAFN - AFP) A controversial new proposal to take Hong Kong's beloved trams off the streets has sparked a wave of anger from residents who fear losing track of the city's past.

Known as "ding-dings" for the sound of their bells, trams have served the northern coastline of the city's main island for more than 110 years and still carry around 200,000 passengers a day.

As ...

 
(MENAFN - AFP) Millions of workers across India held a 24-hour strike Wednesday in protest at right-wing Prime Minister Narendra Modi's economic policies, which they say will put jobs at risk and hurt ordinary people.

Ten major unions went ahead with the day-long strike over the government's pro-business initiatives after talks with Finance Minister Arun Jaitley broke down.

Unions ...

 
(MENAFN - AFP) Fifty people have been placed in quarantine in northern Sierra Leone after the death of a middle-aged woman from the Ebola virus, medical officials said Tuesday, in a setback for the country's bid to gain Ebola-free status.

"We are conducting an epidemiological investigation to trace the extent of the transmission" as the woman ho died was sick for 5-10 days ...

 
(MENAFN - AFP) Repeated delays, cost overruns, lax controls: construction of the world's first European Pressurised Reactor (EPR) in Finland was meant to be a showcase of French-German know-how but has instead turned into a bitter debacle.

Areva, the French atomic energy giant together with German engineering group Siemens, is building the EPR, a third-generation reactor ...

 
(MENAFN - AFP) Foreign carmakers that raced into China to profit from what has become the world's biggest automobile market by volume have no intention of backing out despite slowing sales as the Chinese economy shifts down.

While maintaining their upbeat view of the market's potential in the medium-term, auto manufacturers have had to make some adjustments.

They have ...

 
(MENAFN - AFP) Sleeker and sexier smartwatches are expected to premiere this week in Berlin at one of the world's biggest consumer electronics shows, with both phone manufacturers and watchmakers jostling for a share of the fast-growing market.

The annual IFA show, which began as an exhibition on the new medium of radio 90 years ago, has developed into a massive showcase ...

 
(MENAFN - AFP) Chinese authorities have deployed vast sums to try to stabilise slumping share prices, but have to contend with a rumour-driven market and investors like Wang Youfu, whose latest sure thing is a chemical firm that lost $180 million last year.

The retired hotel worker poured around $6,000 -- most of his savings -- into Lutianhua, whose main products include ...

 
(MENAFN - AFP) Petrobras workers have announced they will hold an open-ended strike in protest at investment cuts by the Brazilian state oil giant, hit by a huge corruption scandal.

The strike, due to begin Friday, is being held because the new Petrobras investment plan is "dismantling the company," the FUP oil workers union said on its website, linking it to thousands of ...

 
(MENAFN - AFP) Australia's economy expanded at its slowest quarterly pace for more than two years as mining and construction activity fell and exports declined, data showed Wednesday, hit by weakening growth in its biggest trading partner China.

Resources-driven economies such as Australia, Brazil and Canada have been hurt by softening Chinese demand for commodities, which ...

 
(MENAFN - AFP) Asian stocks witnessed a fresh round of volatility Wednesday, as further evidence of slowing growth in China's economy brought a new bout of uncertainty to global markets.

Most bourses in the region reversed hefty morning losses to sit in positive territory in the afternoon, in the latest day of roller-coaster trading.

An early sell-off followed a dismal ...

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