New Delhi / Beijing China on Saturday cut its growth target for this year to a range of 6.5 to seven percent, as the world’s second-largest economy faces a litany of challenges from overcapacity to weak trade. The country is a key driver of global growth but expansion fell last year to 6.9 percent, its slowest in a quarter of …

New Delhi / Bloomberg A Monsanto Co. joint venture in India that licenses genetically modified cotton-seed technology said it would have to “reevaluate every aspect” of its position in the country, the biggest grower of the fiber, if the government makes a substantial cut to its royalties. The agriculture ministry is set to recommend a 70 percent reduction in the …

Manila / DPA The Philippines saw the quality of mobile Internet service improve by the end of 2015 as local telecommunication companies ramped up investments. Citing the latest Asia Network Quality Report of JP Morgan Securities issued last month, Smart Communications said 3G mobile data download speed in the country increased to 2.09 Mbps in the fourth quarter of 2015 …