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Asia Breaking News: Honda Aims to Make Acura in China by 2016

Wochit 0:51 mins

Japan's Honda Motor Co is planning to produce Acura cars in China starting in 2016 as part of an effort to tap growing demand for upscale vehicles in the world's biggest auto market. Asia-Pacific equity markets are picking up where the US left off, moving higher after Fed chairman Ben Bernanke reiterated there was no set course for the Fed's exit strategy. A spokesman for the drugmaker said that Beijing is preventing GlaxoSmithKline's head of finance for China from leaving the country, as police accuse the British drugmaker of bribing officials and doctors.

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