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Ford said on Thursday it is closing its two Australian auto plants and will cease production in the country in 2016.
Japanese investors sold 804.4 billion yen ($7.8 billion) worth of foreign bonds last week after three straight weeks of net buying, as they took advantage of the soft yen.
Singapore on Thursday reported a surprise expansion in its economy in the first quarter, helped by a surge in financial services as trading in stocks and foreign exchange soared.
More women in the U.S. would rather give up sex than their mobile device for a week, according to a recent survey.
Survey after survey shows that the wealthy are back to pre-crisis boom years when it comes to their outlook for their own finances, their investments and their retirements. But many of them are still sitting on lots of cash.
Microsoft unveiled its long-anticipated next generation console Xbox One on Tuesday, but it was its inclusion of live TV, rather than its gaming capabilities that set tongues wagging.
The Bank of Japan ended a two-day meeting on Wednesday with a decision to leave monetary policy unchanged and a promise to monitor volatile bond markets.
Even as Apple faced a grilling from lawmakers over its tax avoidance schemes, two more companies revealed they would move jurisdictions to lighten their tax burden.
There may be fewer China bulls around these days, but Deutsche Bank remains optimistic about the outlook for the economy, forecasting growth will peak at 9 percent around mid-2014.
The Bank of Japan's plan to double the country's money supply over the next two years has put the spotlight back on the global carry trade. We've identified some of the biggest carry trades based on either the interest rate differential or their popularity.
Sony cut its sales targets for digital cameras, smartphones, and tablets, but said there were "encouraging" signs of a revival in its electronics business.
On top of a slowdown in Australia's lucrative mining sector, consumer sentiment in the country appears to have deteriorated sharply, posing a challenge to the central bank.
The recent weakness in the Japanese yen is not coming in the way of the country's luxury carmaker Lexus International's plans to invest overseas, said a senior company executive.
Despite all the negative headlines, Chinese investment in the US hit an all-time record in 2012: $6.5 billion. It will likely surpass that level in 2013.
A measure of Australian consumer confidence fell sharply in May as households reacted negatively to the government's budget announcement, even after a cut in interest rates to a record low.
The Bank of Japan on Wednesday decided to keep monetary policy on hold, but one board member tried unsuccessfully to loosen the central bank's commitment to achieving its 2 percent inflation target within two years.
North America's largest chocolate manufacturer Hershey's is veering away from tradition to bite into the world's fastest growing candy market with the launch of a new milk candy made especially for China.
According to this expert the rally in gold over several years was based on a misunderstanding, which is only now getting cleared.
New house prices in 70 major cities rose by an average of 4.3 percent in April from a year earlier, accelerating from 3.1 percent in March. The Financial Times reports.
Exports rose less than expected in April from a year earlier due to weak demand, underscoring the limitations of a weak yen in bolstering the trade sector.
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Despite the slowdown in China, a projection of 7 percent growth still offers massive opportunities for countries keen to do trade with China, says Nicola Sturgeon, First Minister of Scotland.
Matthew Phan, analyst, Asia-Pacific Banks at Creditsights, explains why the boost in net interest margin securities (NIMS) among Singapore banks will be sustainable.
Annalisa Jeffries, associate editorial director, Asia Metals at Platts, says sentiment for iron ore prices remains bearish, with analysts expecting a fall to $40 a tonne this year.