Shares in Air China rose Friday after the nation's flag carrier said it plans to raise more than 950 million dollars through a private share placement to boost capital and lower financing costs. Air China, the country's second largest airline by fleet size, said it will raise 5.6 billion yuan (819.9 million dollars) by selling up ...

Malaysia's Lee Chong Wei beat Sony Dwi of Indonesia on Thursday to become the first player to book their place in the quarter-finals of the men's singles at the All-England Open. The world number one from Malaysia came through 21-11, 21-17 against the Indonesian, a dangerous former winner of Olympic bronze and world silver medals who made an ...

Taiwan aims to make a decision by the end of June on the controversial sale of the local unit of American International Group (AIG) to a Hong Kong consortium, a top economic official said Thursday. Deputy economic minister Hwang Jung-chiou also told a parliamentary briefing that an initial review showed the bid for Nan Shan Life Insurance was not backed ...