James Chao, Director for Asia Pacific at IHS Automotive Consulting, says BAIC is ideally positioned to benefit from Hong Kong and Chinese markets thanks to joint ventures with Hyundai and Mercedes-Benz.» Read More
The area is expected to hold billions of barrels of oil and trillions of cubic feet of gas, but energy firms are tentative about the region.
Thousands of tiny shops in India's biggest auto components market do brisk business selling car parts for about a third of the official price.
Some of Thursday's midday movers:
IHS, whose businesses include Cambridge Energy Research Associates and technology market research firm iSuppli, raised its revenue forecast to $2.23 billion- $2.24 billion for the full year ending Nov. 30, from its previous range of $2.17 billion- $2.23 billion.
Sept 18- Business research and information firm IHS Inc reported a better-than-expected adjusted quarterly profit helped by revenue growth in its subscription business in America and Europe. IHS forecast an adjusted profit of $5.70 to $5.80 per share and revenue of $2.23 billion to $2.24 billion for the full year ending Nov. 30.
As Indian PM Modi welcomes his Chinese counterpart to Gujarat, analysts say the meeting between the leaders will be the most significant in decades.
Samsung attempted to differentiate itself in the smartphone market with its latest offerings, but analysts say it isn't enough to frighten Apple.
Singapore is synonymous with efficiency and order but rising discontent raises questions about social stability in the tightly controlled city-state.
PetroChina is reviewing its multi-billion-dollar push to produce liquefied natural gas(LNG) to fuel trucks and ships in place of diesel.
Southeast Asian nations are channeling military budgets to develop local expertise and lower their dependence on big U.S. and European arms suppliers.
A major benefit of the U.S. shale boom is how deeply it has cut into the vast the trade imbalance, bolstering the dollar.
As Microsoft and Sony gear up for another face-off, one analyst says this may be the "final battle" in the console wars.
Brent and U.S. crude oil fell in choppy trading, weighed on by a stronger dollar and recent data showing rising OPEC oil production.
Americans are more comfortable taking on debt, with auto buyers borrowing a record amount in the first quarter with the average monthly high of $474.
Spotify is among a host of subscription music services that have come under fire from artists and labels in recent times over royalty payments.
The downgrade of California's oil reserves raises questions about the sustainability of the U.S. boom.
The Philippines has grabbed headlines with its stellar economic expansion, but there's a grim side lurking in the growth story.
Wireless Internet access in the sky is taking off, promising better connections for travelers and a bonanza for companies that sell the systems.
The link between oil prices and solar energy stocks has broken down, and that may be a good thing for renewable firms.
U.S. stock-index futures indicated a second day of losses