The United States and China will try to set the stage for a smoother relationship during a visit by China's likely next president, but neither side is under illusions about resolving deep disputes.

Rising costs for businesses and individuals and PMET unemployment are some of the immediate concerns that need to be addressed, say observers, ahead of Friday's Budget.

The Arab League said on Sunday it had agreed to open contacts with Syria's opposition and ask the United Nations to form a joint peacekeeping force to the nation, moves swiftly denounced by Syria.

Apple will unveil a new version of its market-ruling iPad table computer in March, according to a report in Dow Jones-owned technology blog All Things D.

American billionaire George Soros slammed German Chancellor Angela Merkel in an interview published on Sunday, warning that her policies could lead to a repeat of the Great Depression.

Singaporean veteran Mardan Mamat coasted to a five-stroke victory in the fourth round of the $300,000 ICTSI Philippine Open on Sunday, putting an end to a six-year winless run.

Silent movie "The Artist" and US actress Meryl Streep continued their march towards Oscar glory on Sunday after scooping top awards at the BAFTAs, the biggest night of the British film industry.

Alexander Wang has turned a Hudson River pier into a house of mirrors to show a fall-winter collection that should figure prominently in the 14 shops he'll be opening in East Asia this year.

The Awards recognize individuals and companies who are consummate role models in fostering entrepreneurial spirit, exhibiting innovation in business practices, leading the way in green business practices and displaying forward-looking business ideas in Asia.