But analysts say China's fall in industrial profit growth could be temporary as companies hold off on big decisions until the new government clarifies its policy direction.
The central bank's suggestion that it's likely to achieve its 2 percent inflation target later rather than sooner is a dose of realism that is good for its credibility, analysts say.
High-frequency traders are facing "speed limits" on a major trading platform, which is being touted as a template for a regulatory clampdown on computer-driven activity, the FT reports.
Large swings in the price of gold over the past two weeks have cast major doubts over the fate of the precious metal, however one bank suggests the worst may be over for bullion this year.
Prime Minister Shinzo Abe hopes talks with President Vladimir Putin on Monday will revive efforts to end a territorial dispute that has prevented the nations signing a treaty to end World War Two.
Middle-income Asian economies must improve government institutions and liberalize rigid labor and product markets if they wish to reach the level of developed countries, the International Monetary Fund (IMF) said on Monday.
China's reform mantra sounds like a German-style plan that looks to combine growth with discipline, says this economist.
Chinese executives at state-owned groups have long been among the lowest paid of their global peers, but even their apparently meager pay is generating controversy. The Financial Times reports.
Fire broke out on Sunday in a garment factory that collapsed in the Bangladeshi capital, complicating attempts to find any survivors that has already killed 377 people.
Indian hedge fund manager Kalpesh Kinariwala is so sure of his equity strategies in a country that has stumped foreign rivals that he sends a daily e-mail tracker of his performance - including to competitors.
Forget Apple or Samsung. As the smartphone market continues to expand, the arms dealers that supply chips to the industry should win out.
All Nippon Airways, the Japanese launch customer for Boeing Co's 787, flew its first Dreamliner in more than three months on Sunday to test reinforced batteries installed by the U.S. aircraft maker.
China's central bank has been talking tough on currency reform while it has also intensified market intervention, highlighting the fine line it must walk in trying to liberalize the yuan.
North Korea said on Saturday a Korean-American tourist, jailed by the reclusive state since late last year, will face trial for "committing crimes" against the North, a move that could further stoke tensions with the United States.
On Wednesday, Microsoft confirmed the worst-kept secret in the video game world: It plans to unveil its next generation console on May 21.
No other group of consumers has transformed the Bordeaux market quite like China's new rich, a theme explored in a film, "Red Obsession." What now after the bursting of the bubble?
China's industrial profits grew 12.1 percent in the first quarter this year from a year ago, official data showed on Saturday, signaling that China's economic recovery is stabilizing.
McDonald's may look look very different in the future, with new menu items, delivery services, loyalty programs and maybe even all-day breakfast options, said the company's CEO.
US consumer sentiment weakened in April as Americans remained concerned about their employment and financial prospects, a survey released on Friday showed.
Economic growth regained speed, but not as much as expected, which could heighten fears the weakening economy could struggle with spending cuts and higher taxes.