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It's a rare occasion that a U.S. company wins favorably in China. With much luck on its side, Facebook was favored by Chinese court over a trademark dispute. It ordered Zhujiang Beverage to stop using 'face book" as its trademark.

Nicknamed as "Trump of the East", "The Punisher" and others, Davao City Mayor Rodrigo Duterte is likely to become the declared next Philippine president if based upon polls and figures. Rival Senator Grace Poe already conceded and congratulated him. If he won the hearts of the Filipinos, he should win the trust of the investors.

Air New Zealand agreed to pay $35 million ($A47.47 million) to settle its lawsuit case in the United States. The lawsuit alleges the national carrier of New Zealand took part of the alleged cartel fix freight air cargo fuel and security surcharges.