For all China’s modern trappings, analysts say this country still prefers to pay for things the old-fashioned way, with ledgers, bill-counting machines and cold, hard cash. The New York Times reports.
One in four U.S. businesses are vulnerable to having their trade secrets stolen, according an cyber expert, who said the ongoing threat could cost the U.S. economy "billions rather than millions".
Three times a year, during Lunar New Year, this time of year, and the National Day holidays in October, a wide swath of the country essentially shuts down as people venture around the nation and beyond.
Wind shear, or the sudden change in wind speed and direction, is the invisible enemy and something all pilots dread as they land at Asia's tropical island resorts.
The risk of asset bubbles in Southeast Asia's fastest-growing emerging economies is rising, warn economists, pointing to red flags including surging domestic credit growth.
The sight of a third-grader driving a $200,000 sports car in a country with crippling poverty has touched off a new round of controversy in the East over the new class of the super-rich, and the dangers of wealth gone wild.
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?
With little fanfare, China is sending an official with a 'tough cop' reputation to be its top man in Macau, as Beijing puts tackling corruption center stage.
The Thai baht - Asia's strongest performing currency this year - has hit a 16-year high against the U.S. dollar this month and one economist says the baht is the region's last one-way bet.
German luxury carmaker Porsche saw record sales in China last year and the recent clampdown on gift-giving and luxury goods in the country won't have a major impact going forward.
Chinese investors can't seem to be getting enough of commercial real estate abroad and could spend a whopping $5 billion this year, according property services firm Jones Lang LaSalle.
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.
Car maker Hyundai apologized Thursday for a U.K. advertisement that depicts a man trying to commit suicide in his garage but failing because of his zero-emission car.
The chairman of China's largest privately-owned conglomerate Fosun Group, also known as the "Warren Buffett of China," says it's more accurate to call him Buffett's "apprentice".
The high cost of living in the wealthy island state of Singapore may be a major bone of contention among its residents, but moves by the government to cool the auto market is having an impact on rising consumer prices.
Private consumption, the bedrock of India's economy, shows signs of weakening. And that poses a threat to the country's fledgling recovery, economists say.
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.
A new kind of "dirty" business is becoming the latest frontier in the bottom-of-the-pyramid market in India, with a number of start-ups seeing a huge opportunity in building and maintaining toilets