The auction house Sotheby's has announced plans to auction off a rare 5.16-carat diamond in Hong Kong. The appetite for jewels has come into Asia, especially in China has increased dramatically in recent years. In direct competition with Hong Kong to Geneva and New York, the former international hubs for rare gems.

Akio Toyoda, president of the automaker Toyota, apologized at a press conference in Beijing with Chinese customers for the recall of its car models. The recall has only a modest impact on the Chinese market.In China, according to Toyota RAV4 models 75'552 recalled because the problem with the accelerator jammed.

In January, Japan, the entry of 232,000 South Korean tourists, an increase of 80 percent over the previous year. A total of 1.11 million South Korean tourists traveled abroad, 37.6 percent more than a year earlier. Japan was the most popular destination, one of five tourists from South Korea visited the neighboring country from the east to visit.

China overtakes Japan as expected this year's second-largest economy. For Japan, this need not necessarily be negative. On the contrary. With growing wealth of the Chinese created a new tourist clientele for the deflation-plagued Japanese economy, which shrank in 2009 by up to 6 percent. Especially for young Chinese Tokyo is considered hip city, perfect for shopping.

Toyota currently no day goes by without negative headlines. CEO Akio Toyoda tried on all fronts, the problem with the accelerator pedal jammed to explain. So he visited last weekend in Osaka, a retail business from Toyota, where are repaired daily piecework in the recalled cars. Average of 10 cars capable of the mechanics of an office to process per day.

A little more than 10 years, went over Macao in Chinese hands. The former Portuguese colony is within this time awakened from their slumber. Magnificent Casinobauten now dominate the cityscape. Macau has become the Las Vegas of Asia. Therefore, tourism has become a major revenue source.

The fast food chain McDonalds is building massively in Japan. As reported by the “Daily Finance” that will close within the next 12 to 18 months, about 430 offshoots. McDonalds Japan has 3700 restaurants across the country. “These measures serve the customer experience and improve profitability,” it said in a brief press release from the company.

The Japanese carrier Japan Airlines on Tuesday announced that it now but not in the camp of Skyteam replaced and talks with Delta Air Lines has definitely stopped. JAL would continue working even more closely with the previous alliance partner American Airlines, and in February the U.S. Department of Transportation to jointly seek immunity from antitrust restrictions.