Deflation risks mount as debt increases in Asia

Asia's rapid accumulation of debt in recent years is holding back central banks from easing monetary policy to fight the risk of deflation, endangering private investment needed to boost faltering growth, according to Morgan Stanley.

Hot cars shine at Detroit auto show

The North American International Auto Show begins this week in Detroit with media and industry previews. It opens to the public on Saturday.

Foundation to protect age-old brands

One of China's leading pharmaceutical companies is pumping up to 30 million yuan ($4.83 million) into a new non-profit foundation to promote time-honored Chinese brands among young people.

Adidas plays key role in national sports

Peng Weiguo, the retired Chinese soccer player, has attributed his career success to the professional training he received since the age of five.

New center to focus on children's health and safety

A center for promoting health and safety knowledge among primary and middle school students has been launched in Guangzhou.

J&J commits to Ebola vaccine research and doctor training program

Johnson & Johnson, the US pharmaceuticals, medical devices and consumer products giant, is developing a preventive Ebola vaccine and offering funds and training to Chinese doctors working in areas most affected by the disease.

IN BRIEF (Page 18)

Explorers look to the long term with shale gas

With their eyes on long-term diversification of domestic energy supplies, Chinese oil giants will maintain their shale gas exploration drive this year even as global crude prices have tumbled.

Adapting to shrinking price

ConocoPhillips Co: plans to cut capital expenditure by 20 percent to $13.5 billion, cut spending on upstream exploration by 23 percent to $5 billion in 2015

Crude imports hit a high in Dec

China's crude imports surged to a record in December after a buying spree in Singapore by a State-owned trader and as the government in Beijing accelerated stockpiling amid the collapse in global oil prices.

Exploration losses loom for oil majors

Industry experts are predicting losses in the upstream exploration activities of China's top three oil giants this year, as a result of the plunge in global oil prices.

Small refineries struggling to stay afloat in fast-changing energy world

Under pressure from a plunge in world oil prices that began in June, small local refineries that were already grappling with a glutted market have seen their profits almost evaporate, and some may even close, industry sources said.