Jan. 18 – U.S. Treasury Secretary Timothy F. Geithner visited major Asian oil importers China and Japan last week, attempting to gain support for U.S. sanctions on Iran in response to its suspected nuclear weapons program.
On his two-day trip in Beijing, Geithner urged top Chinese authorities to sharply reduce imports of Iranian crude oil, and he informed China of a new U.S. sanction policy that would be imposed on countries which refuse to join U.S. efforts to curb Iran’s oil revenues. Continue reading
Jan. 16 – The British Chancellor, George Osborne, has arrived in Hong Kong for a three-day tour of Asia and will be suggesting that Britain’s businesses look beyond the battered Eurozone economy and seek trade partnerships in the Far East. He will also visit other parts of China and Japan as forecasters warn that the UK economy has already slipped into recession.
Jan. 13 – India has launched the initial pilot run of the Aakash tablet PC, with some 100,000 units having been delivered this week. The PC, similar in look and functionality to an iPad, has been designed to specifically cater for Indian students and the Indian Ministry of Human Resource and Development is set to purchase 10 million of them to distribute to schoolchildren in attempts to improve literacy and educational standards across the country.
Jan. 12 – Microsoft has filed lawsuits against Chinese electronic retailer giants Gome and Buynow for allegedly selling PCs with unlicensed versions of Windows and Office software, Microsoft said in a statement on Monday.
Jan. 11 – After last month’s debacle where the Indian government first approved, then scrapped laws for 100 percent foreign direct investment in the domestic retail industry, the Indian government has finally reviewed its position and, with some changes, passed legislation yesterday 
Jan. 9 – India will send a team of officials to China next month to conduct inspections on drug manufacturing units that export bulk drugs to India.