TOKYO— Japan needs "bold action" on revamping its economy and improving its precarious national finances, the International Monetary Fund says in its latest assessment of the world's third-largest economy. It said doubts about Japan's "long-term fiscal sustainability"— whether it can pay off its huge debt— could rise if investors lose confidence.» Read More
Tensions in the South China Sea may seem far off to Western investors, but any conflict in the region could affect the world economy.
The majority investor in Malaysia Airlines said on Friday it planned to cut its workforce by 30 percent, or 6,000 workers, in an effort to make the group profitable by 2017.
Joseph Phua didn't waste time crying when he got dumped, instead he monetized his heartache by launching online dating app Paktor.
Indonesia's anti-graft agency will launch a probe into the nation's subsidized rice scheme, threatening moves to expand the role of the state food buying agency.
Chinese productivity growth has gone into reverse, highlighting the failure of recent reforms to set China on a sustainable development path.
Japan's government will increase the inheritance tax rate in January, while tax relief measures on gifting will be expanded.
Indian corporates have gone on a borrowing spree in international debt markets this year, a trend that's set to continue, say analysts.
Shares in Malaysia Airlines (MAS) will be suspended on Friday ahead of the announcement of its planned restructuring, a source told Reuters.
Kobsak Pootrakool, Executive Vice President at Bangkok Bank, explains why he is confident that Thailand can see better economic growth by year-end.
Mobile internet is China's most lucrative sector according to Fosun International, the country's largest private investment firm.
The Philippine economy grew an annual 6.4 percent in the second quarter, supported by strong growth in the industrial and services sectors.
The Chinese government launched a "fresh round of mini-stimulus" to counter growth headwinds, according to a Bank of America Merrill Lynch report.
Property launches in China are set to surge with developers sticking to their schedules despite mounting inventories, spelling trouble for the market.
After three months of shambolic and lackluster campaigning, the wildly popular governor of Jakarta was staring at defeat.
Son's nose for an investment has turned Alibaba into a stake worth $50 billion as the Chinese e-commerce giant heads for the biggest U.S. tech IPO.
As the Korean wave continues, lucrative foreign investments from France to China could spark the next rush for the country's pop culture.
Gordon Chang, "The Coming Collapse of China" author, explains why he thinks China's attempt to develop its own PC and mobile operating system signals the country is closing itself off from the rest of the world. This is very bad for China, says Chang.
CNBC's Susan Li reports China is building its own operating system to compete with companies like Google, Apple and Microsoft.
Malaysia Airlines staff now face a new ordeal - a quarter of them may lose their jobs at the unprofitable airline, hit by two jet disasters this year.
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