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YANGZIJIANG Shipbuilding reported that its net profit for the second quarter ended June 30, 2015 fell 17 per cent to about 1 billion yuan compared to a year ago without the benefit of a tax credit.

[MUNICH] China has gone from growth engine to source of concern for carmakers including BMW and Toyota Motor, with both warning on Tuesday that the sales slowdown in the world's biggest market...

[SINGAPORE] After many airlines were burned because of slumping fuel prices in 2008 and 2009, Chinese carriers stopped hedging their fuel purchases - even when prices soared above US$100 a barrel...

[MUMBAI] At least twelve people were killed when several carriages of two passenger trains derailed in central India overnight, a railways official said on Wednesday.

[SYDNEY] Australia on Wednesday said official word on whether a washed-up plane part is from flight MH370 is expected this week, while reiterating it will continue hunting for the main debris field...

[SAN FRANCISCO]The most serious challenge to Uber Technologies' "Be your own Boss" business model might also present an early test to the wider sharing economy as well as undermine its...

MEDIA coverage of the search for missing Flight 370 is hurting ticket sales at Malaysia Airlines, chief executive officer Christoph Mueller said.

A CHALLENGE by US airlines that accuses three Gulf carriers of distorting competition via government subsidies took another turn on Monday with the formation of a US airline group that backs the Gulf...

STRAIT TALK

THIS week, the Maritime and Port Authority of Singapore (MPA) is hosting the 18th Marine Accident Investigators Forum in Asia (MAIFA) here in Singapore. The forum fosters closer cooperation,...

SOUTH Korean officials announced on Tuesday that a Chinese-led consortium had won the bidding to take on the massive task of raising the Sewol ferry that sank with the loss of over 300 lives a year...