BEIJING— Asian stocks rose Monday after China's surprise interest rate cut as investors looked ahead to European inflation data due out this week and OPEC meeting to discuss oil production levels. KEEPING SCORE: China's Shanghai Composite Index jumped 1.7 percent to 2,529.83 points and Hong Kong's Hang Seng surged 1.8 percent to 23,862.69.» Read More
World response to North Korea's controversial rocket launch wasn't as unanimous as it might have seemed. In fact, the responses of several nations stand out. The GlobalPost reports.
A successful rocket launch by North Korea could prove to be a key test not just for China's new leaders but also the politicians that will come into power in South Korea and Japan in elections that take place over the next week, experts tell CNBC.
Printing money and going on a spending spree would usually sow alarm in a heavily indebted economy, but investors in Japan are betting that opposition leader Shinzo Abe will tone down his strategy if he wins power in Sunday's national election.
As more wealthy Asians have fewer kids and shower more attention on pets, Singapore's largest newspaper will allow grieving owners to publish obituaries for their furry loved ones.
Japan's core machinery orders rose 2.6 percent in October from the previous month, up for the first time in three months, but uncertainty over the global outlook will likely continue to weigh on business investment and the broader economy.
Bank Indonesia held its benchmark rate steady at 5.75 percent, aiming to help keep Southeast Asia's largest economy growing at least 6 percent a year and showing it feels inflation remains at a comfortable level.
New regulations in Mongolia could stifle a deal to develop the Oyu Tolgoi mine, the world’s biggest new source of copper, and hurt the country’s broader economy.
China's economy is likely to surpass the United States in less than two decades but the Asian country is not expected to take on the superpower role of the United States in gathering coalitions to deal with global issues.
Japan's Renesas Electronics, the world's biggest maker of microcontroller chips, was thrown a lifeline on Monday after gaining 150 billion yen ($1.8 billion) in a government-led bailout.
China's trade numbers for November came in far below expectations, however, economists are confident the slump in export growth will not derail the recovery in the world's second largest economy.
Japan's economy contracted for a second straight quarter in July-September, revised government data showed on Monday, indicating that weak global demand nudged the export-reliant economy into a mild recession.
Growth in China's factory output and retail sales hit an eight-month high in November as consumer inflation bounced off 33-month lows in the latest sign that its economy is snapping out of a protracted slump.
China's annual consumer inflation rebounded from 33-month lows to 2 percent in November, dimming the chance for more monetary policy easing as its economy recovers.
Chinese labor arbitrators have ruled against the father of a Foxconn worker brain-damaged in a factory accident in southern China.
North Korean delegations to Mongolia are worth a second look. The GlobalPost reports.
The Asian Development Bank lowered its 2012 and 2013 growth estimates for developing Asia on Friday as frail global demand drags on the region.
China's leaders are likely to stick with the 2012 growth target of 7.5 percent when they chart a course for 2013, allowing higher levels of fixed-asset investment to offset weak export demand.
South Korea's economy grew 0.1 percent in the July-September period from the previous quarter, a slight downgrade from an earlier estimate and the slowest in three and a half years.
China will maintain its fine-tuning of economic policies in 2013 to ensure stable economic growth, state television quoted Chinese Communist Party chief Xi Jinping as saying on Tuesday.
The currency area's escape route hinges more on the pace of expansion in the United States and China, lifting the world economy, than on the policy mix in Europe, which will continue to favour austerity over growth in 2013.