In the twilight of Mayor Michael Bloomberg’s tenure, a New York agency will vote next week to give developers $120 million in tax breaks for two of his signature projects: a new district of offices, apartments and shops on the far west side of Manhattan, and a hotel and mall in a Queens neighborhood filled with auto shops and junkyards.
China’s overlap of its new air zone with that of South Korea in the East China Sea has complicated its efforts to forge closer ties with President Park Geun Hye and gives her an incentive to further strengthen relations with the U.S.
A Vietnam court will consider the death penalty for two former executives if they’re convicted in a $25 million fraud scheme, signaling an aggressive stance as leaders seek to clean up the banking system.
Taiwan signed its biggest trade deal yet with a country that has diplomatic ties with Beijing, as the island tries to integrate its economy with the rest of Asia’s and to diversify economic allies beyond China.
Tens of thousands of Vietnamese are streaming into Hanoi for two days of official mourning beginning today for Vo Nguyen Giap, the revolutionary general of the army that won independence from France and defeated the U.S.
A Chinese court on Oct. 25 will announce its decision on former Politburo member Bo Xilai’s appeal of his life sentence for corruption, abuse of power and bribery, the court said on its website yesterday.
David Petraeus, the retired four- star Army general who resigned last year as head of the CIA, has been appointed a non-resident senior fellow at Harvard University’s John F. Kennedy School of Government.