The Chinese government is planning for private businesses and market forces to play a larger role in its economy, in a major policy shift to make China an even stronger competitor on the global stage. The NYT reports.
So, will dollar-yen continue its descent to hit 100 this week or does the yen, which has fallen more than 20 percent since mid-November, need a fresh catalyst to trigger a further downward move? Vote and let us know what you think.
A $2.6 billion acquisition of U.S. movie theater chain AMC seems to be just the tip of the iceberg when it comes to the expansion of China's Dalian Wanda Group, controlled by the country's second richest man.
Australia's competition regulator has granted Virgin Australia approval to take control of loss-making rival Tiger Australia in a move that will ramp up competition for Qantas Airways.
Levels of deadly pollutants up to 40 times the recommended exposure limit in Beijing and other cities have struck fear into parents. The New York Times reports.
"The market is not being irrational with Apple today," one money manager says. "The market was being irrational with Apple last year, when they kept taking the stock price higher."
Asia’s economic development and a growing consumer class means the temptation to return home for those Asian entrepreneurs with a Western education is strong, experts say.
After Japan's "lost decade" you might be surprised to hear that some Chinese entrepreneurs are suggesting that China has just come out of its own "lost decade".
Pimco's Bill Gross has launched an attack on Britain and the euro zone for cutting debt with severe austerity measures, warning that such action risks stifling recovery, the FT reports.
As the full identities and motives of the suspects unfold, both aisles of the immigration debate are seizing the Boston bombings as an opportunity to revamp U.S. immigration law.
The number of complications from robot-assisted surgery using Intuitive Surgical's da Vinci robot are underreported, allege critics of the procedure, fanning the controversy around the company's pioneering product.
The yen weakened to within striking distance of the 100-level against the U.S. dollar on Monday, yet breaking that key psychological barrier is proving to be hard.
Controlling home price increases in Beijing and Shanghai is critical for cooling China's broader property market, according to the chairman of Vanke, the mainland's largest real estate developer.
The Chinese city of Guangzhou is home to an expanding community of entrepreneurs from economic rival, India, who have migrated there to share the fruits of China's stupendous growth.
Hong Kong's Hang Seng stock index may be one of Asia's laggards, but Morgan Stanley reckons the market is poised to more than double to 50,000 by the end of 2015.