TOKYO, Aug 28- Asian shares extended a global rally on Friday after upbeat U.S. economic data calmed sentiment shaken by days of turmoil in Chinese equities. Wall Street rose sharply overnight thanks to revised U.S. gross domestic product data showing the economy grew faster than initially thought in the second quarter- a reassuring sign amid worries over...» Read More
This year China took a big bite out of Hollywood. Here's what to expect in 2015, from upstart studios to new global pacts.
The greater Mekong subregion (GMS) could become Asia's new low-cost production hub as the region becomes more integrated, experts say.
Japan approved $29 billion of stimulus spending to help lagging regions and households, but analysts are skeptical of how much of a growth boost it will offer.
Japan's industrial output posted a surprise drop in November, while inflation slowed, offering fresh signs efforts to kickstart the economy face headwinds.
To dissuade companies from building up their already ample cash reserves, Japan needs to empower corporate shareholders, says Robert Medd, Partner at GMT Research.
It's been two years since Japanese PM Abe swept to power on his promise to bring the stricken economy back to life. How far has he gotten?
The U.S. dollar's increased buying power has presented opportunities for Americans to jet off to more exotic places.
Takuji Okubo, Principal and Chief Economist at Japan Macro Advisors, explains why he agrees with the Bank of Japan's optimistic economic outlook.
Shinzo Abe has to strike a balance as Japan plans to spend $30B on a stimulus package to revive the economy while keeping bond issuance in check.
China's economy stabilized in the fourth quarter as the services sector and manufacturing sector strengthened, according to the China Beige Book.
While oil exporters like Malaysia will suffer, lower energy prices are positive for the fiscal positions of a majority of Asian countries, says Rajiv Biswas, Asia-Pacific Chief Economist at IHS Global Insight.
Pu Yonghao, Regional CIO for Asia Pacific at UBS Wealth Management, discusses the winners and losers from the crash in oil markets.
Japanese exports undershot expectations in November despite the effects of a weaker yen, but rose for the third straight month suggesting a pick up in global demand.
Donna Kwok, Senior China Economist at UBS, expects Beijing to deliver a RRR cut and two interest rate reductions in 2015 as it attempts to re-balance its economy while sustaining growth.
Frederic Neumann, MD & Co-Head of Asian Economics at HSBC, says the contraction in December's flash purchasing managers' index indicates that China is in need of more easing.
Chinese factory output fell for a second straight month in December, adding to concerns about slowing activity in the world's second-largest economy.
Discussing China's growth targets changing from 7.4 percent to 7.1 percent, Jason Pidcock, manager at Newton Asian Income fund, says it's "the direction that matters, not the number".
Australia's government forecast its budget deficit would balloon to A$40.4 bil due to falling prices for key resource exports and slow wage growth.
Sentiment among Japan's big manufacturers worsened in the fourth quarter, the Bank of Japan's Tankan survey showed on Monday, underscoring pessimism about the Japanese economy.
Falling oil prices could help Indian Finance Minister reap a fiscal windfall of at least $12 billion when he presents his 2015/16 budget in February.