China's housing inflation quickened in April, marking the fourth consecutive year-on-year rise and challenging Beijing's efforts to cool record home prices while supporting economic expansion.
Nissan posted a 46.1 percent rise in its quarterly net profit, as the weakening yen helps Japanese carmakers repatriate overseas earnings at a more favorable rate.
Yum Brands is strengthening its media strategy in the country in a bid to win back customer loyalty after a series of food scares that decimated sales this year.
Is it possible that Asia will be the first region to build a truly mobile business environment? I would be surprised if this doesn't happen, says this expert.
Steve Schwarzman, co-founder Blackstone Group, told CNBC he was inspired by the prestigious Rhodes Scholarships with the goal of fostering a better understanding between China and the West.
Ren Zhengfei, founder and CEO of Huawei Technologies, defended the Chinese firm's stand on U.S. cybersecurity concerns when he spoke to the media for the first time on Thursday.
The cell hacked into credit card processors to steal MasterCard debit card data, which it used to make about 36,000 transactions over 10 hours, the Justice Department said.
Hank Greenberg, the former head of insurance giant AIG, tells CNBC about building AIG from a small domestic insurance company into the mammoth global player that it became.
Steve Schwarzman, co-founder of PE giant Blackstone, told CNBC he's starting a $300 million scholarship in China in hopes of defusing tensions between Beijing and the West.
Australia's much better than expected jobs data on Thursday have many market watchers wondering if the Reserve Bank of Australia (RBA) did the right thing by cutting interest rates earlier this week.
New claims for unemployment benefits dropped to the lowest level in nearly 5-1/2 years last week, signaling labor market resilience in the face of fiscal austerity.
The Bank of England left its benchmark rate unchanged at 0.5 percent, a record low, on Thursday. Policymakers also kept the size of the asset purchase program unchanged at 375 billion pounds ($584 billion).
Nokia unveiled a new mid-range Asha phone priced at $99, aiming to prevent consumers, particularly in emerging markets, from switching to Google's Android as they upgrade from basic phones.
Even as China gets serious in fending off speculative inflows, analysts tell CNBC the measures taken by Beijing will do little to derail a strengthening Chinese currency.