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  • North Korea Threatens to Shut $2 Billion Complex Thursday, 4 Apr 2013 | 12:47 AM ET
    North Korean soldiers.

    North Korea barred entry to a joint industrial complex it shares with the South for a second day, Seoul's Unification Ministry said, and demanded extended notice of when hundreds of South Korean workers planned to leave.

  • Big Depositors in Cyprus to Lose Far More Than Feared Saturday, 30 Mar 2013 | 3:48 AM ET

    Under conditions to be announced Saturday, depositors in Bank of Cyprus will get shares in the bank worth 37.5 percent of their deposits over 100,000 euros, while the rest may never be paid back.

  • Cyprus Says Threat Contained, No Plan to Leave Euro Friday, 29 Mar 2013 | 8:47 AM ET

    The president of Cyprus said on Friday the risk of bankruptcy had been contained and the country had no intention of leaving the euro.

  • Hurting at Home, China's Li Ning Courts US Glitz Sunday, 24 Mar 2013 | 9:02 AM ET
    i Ning shoes are on display at their flagship store in Beijing, China

    Li Ning, which is expected to report a net loss of close to $177 million on Monday, is hoping to turn its fortunes around by taking on endorsement deals with U.S. NBA stars.

  • Freddie Mac Sues More Than a Dozen Banks Over Libor Wednesday, 20 Mar 2013 | 12:03 AM ET
    Freddie Mac

    U.S. mortgage finance company Freddie Mac is suing more than a dozen banks for losses from the alleged manipulation of the benchmark interest rate known as Libor.

  • China Central Bank Warns on Inflation, Pledges Reform Wednesday, 13 Mar 2013 | 9:11 AM ET

    China must stabilize inflation expectations, the head of the People's Bank of China said on Wednesday, vowing to vigilantly manage the risks of rising prices.

  • Google to Cut 1,200 Jobs at Motorola Mobility Friday, 8 Mar 2013 | 1:46 AM ET

    Google's Motorola Mobility unit is to shed another 1,200 jobs as the smartphone maker tries to return to profitability, Google said on Friday.

  • Will India's 'Do-No-Harm' Budget Cheer Investors? Thursday, 28 Feb 2013 | 5:24 AM ET

    India's much-awaited annual budget failed to deliver on the hype sending the nation's equity markets lower on Thursday, with one economist calling Finance Minister P Chidambaram - who has the tough job of reining in the fiscal deficit while spurring growth – simply a "firefighter."

  • India Budget Increases Spending, Taxes the Rich Thursday, 28 Feb 2013 | 3:52 AM ET
    India's Finance Minister Palaniappan Chidambaram

    India unveiled higher-than-expected spending for fiscal 2013/14 on Thursday, aiming to fund it with higher revenues - including new taxes on the rich and large companies - in a budget aimed at reviving growth amid the country's worst slowdown in a decade.

  • AirAsia Ready to Take on India Challenge: CEO Tuesday, 26 Feb 2013 | 10:33 PM ET
    AirAsia founder and chief executive officer Tony Fernandes

    Asia's largest low-cost carrier, AirAsia, said it was "confident" about entering the Indian aviation space - a market that has been challenged by intense price competition and exorbitant operating costs.

  • South Korea Jan Current Account Surplus Hits Record Tuesday, 26 Feb 2013 | 10:14 PM ET
    Seoul, South Korea

    South Korea's current account surplus in January more than doubled to a record high on a jump in exports that showed its economy had not yet been affected by Japan's monetary policy.

  • AirAsia's Profit Surges on Share Sale of Thai Business Tuesday, 26 Feb 2013 | 8:33 AM ET
    Air Asia

    AirAsia Bhd reported full year profit more than tripled, beating expectations, thanks to the share sale of its Thai business.

  • Turkey Lures Asian Investors as It Looks East for Capital Thursday, 21 Feb 2013 | 12:45 AM ET

    When Turkish conglomerate Anadolu Holding put its 75-percent stake in Alternatifbank up for sale last year, a distant potential suitor from Asia took a close look at the business.

  • Hong Kong Disney Ends Seven-Year Itch to Make Money Tuesday, 19 Feb 2013 | 2:57 AM ET
    Disneyland

    It's been a long seven-year itch, but Hong Kong Disneyland is finally making some money. The park made $14 million in the last financial year, while this is only about a 2.5 percent return on revenues of $550 million, it's still a profit.

  • Last-Minute Bumi Sale Threatens Rothschild Hopes Tuesday, 19 Feb 2013 | 1:48 AM ET
    Nathaniel Rothschild, founder of NR Investments and Samin Tan, chairman of Bumi PLC

    A key Indonesian investor has sold his 10 percent holding in Bumi only days before a key vote on the miner's future, threatening Nat Rothschild's hopes of victory in the battle to win control of the company.

  • Can US Companies' Chinese Results Be Trusted? Monday, 11 Feb 2013 | 12:14 PM ET

    Concern is growing about risks to U.S.-based multinationals in a country where American audit regulators are locked out by the Chinese government and bribery and fraud are routine.

  • HP to China Suppliers: Change Practices or Else Friday, 8 Feb 2013 | 6:13 AM ET
    Foxconn

    Hewlett-Packard is imposing new limits on the employment of students and temporary agency workers at factories across China. The New York Times reports.

  • Australian Central Bank Slashes Annual Growth Forecast Thursday, 7 Feb 2013 | 8:36 PM ET

    Australia's central bank has trimmed its growth and inflation forecasts on cautious mining outlook, government spending cuts and its high currency.

  • Barclays Investment Bank Cutting Jobs: Source Thursday, 7 Feb 2013 | 2:46 AM ET
    Antony Jenkins, chief executive officer of Barclays.

    Barclays is nearing the completion of a raft of job cuts at its investment bank as part of its new chief executive's plan to streamline operations and cut costs, a person familiar with the matter said on Wednesday.

  • KFC parent Yum Brands on Tuesday said time, not ad spending, is the cure for a steep sales decline in China that was sparked by a food safety scare.