MANILA - PLUNGING western demand for developing Asia's exports would trim the region's potential economic output this year by 2.8 per cent, the Asian Development Bank said on Wednesday.
BEIJING - CHINA will send three business delegations to Taiwan to buy food, machinery and other goods as the two sides join hands to tackle the financial crisis amid improving ties, the government said on Wednesday.
TOKYO - JAPANESE electronics giant Toshiba Corp said on Wednesday that it would stop making mobile telephones in Japan as part of efforts to recover from its biggest ever loss.
Toshiba will end production of mobile phones at its Hino plant in western Tokyo in September and outsource the manufacturing to overseas firms.
