Results easily beat analyst estimates, as costs cuts and currency gains made up for slightly weaker vehicle sales.» Read More
Volatility in global markets looks tame compared with the wild swings in emerging market currencies as investors brace for an unwinding of the Fed’s hefty monetary stimulus, strategists say.
Although the fall in Japan's benchmark stock index over the past two weeks has been much steeper than anticipated, the market might just escape bear market territory, strategists say.
China is doing "much better" than the recent slew of discouraging monthly economic data might suggest, according to Stephen Roach.
Sharp falls in Japanese equities have started to strengthen the yen as foreign investors unwind hedges they took out to protect themselves from the yen's recent slide.
Private banks in the Asian financial hub, Singapore, are the next target of tighter regulations after the crackdown in the U.S. and Europe on tax cheats.
Bain & Co. predicts that growth in luxury sales will be up to 50 percent slower this year than last. The main reason: Chinese are breaking away from their gift-giving culture and trying not to be ostentatious.
Cyberattacks will no doubt be a major topic when President Barack Obama meets Friday with China President Xi Jinping. Both sides call foul, and in a sense they are both right.
Amid growing domestic tensions and internal imbalances, China's new leaders are working to wean its economy off decades of state investment.
The 1967 "summer of love" may have initiated a major political and cultural shift, but 2013 looks set to produce a sizeable change in investors' blood pressure.
China launched an anti-dumping and anti-subsidy probe in European wine on Wednesday in response to the European Union's decision to impose duties on imports of Chinese solar panels.
While the stock market and the yen might have given the initial thumbs up to Prime Minister Shinzo Abe's radical policies for change, consumers are still greeting it with skepticism.
In a country where products like iPhones are made but rarely invented, Lei Jun - entrepreneur and billionaire - is positioning himself and his company as figurative heirs of Mr. Jobs. The New York Times reports.
Plans ranging from setting up special economic zones and raising incomes by 3 percent annually, weren't enough to excite equity investors.
Prime Minister Shinzo Abe has unveiled a long-term plan to revive the economy and economists say execution is now key.
In an ongoing battle between the world's two leading tech giants, Samsung won a round against Apple when a U.S. trade agency ruled that the Silicon Valley bigwig had infringed on a patent owned by the Korean company.
Japan risks facing stagflation, or what UBS describes as an "Abegeddon" scenario, if the government fails to restore momentum in the world's third largest economy.
Activity in China's services sector expanded modestly in May but the pace of growth was little changed from April, adding to worries about slowing momentum in the world's No.2 economy.
Just as the currency attempted to make a concerted rebound against the U.S. dollar this week, the prospect of further monetary easing in Australia has provided traders with another reason to dump the Aussie.
The European Union is to impose duties on imports of Chinese solar panels from Thursday, but announced a dramatically reduced initial rate after pressure from some large member states.
A local Communist Party official called it an "inspiring" factory three years ago. But now it is serves as a stark reminder of where at least 120 people died this week in a fast-moving fire. The New York Times reports.
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Tim Edwards, director at S&P Dow Jones Indices, explains how factors such as macroeconomics and quantitative easing are impacting the outlook of European banks.
With the cash rate sitting at a record low of 2 percent, the Reserve Bank of Australia needs "solid evidence" for further easing, says Sean Fenton, director & portfolio manager at Tribeca Investment Partners.
Dale Rogers, executive chairman of Phoenix Gold, says margins among Australia's gold miners remain robust due to decreasing costs on the back of a weaker Australian dollar.