An AirAsia Indonesia-Singapore flight with 162 people on board lost contact with air traffic control, with search operations suspended for the night.
Investors poured a record $36.5 billion into U.S.-based stock funds last week as U.S. stocks surged to record highs, Lipper data showed.
Facebook has laid a foundation for entering China, but it could morph its product depending on what the Chinese government will allow.
Russian President Vladimir Putin ordered a cap on rising vodka prices, as he battles to preserve his popularity.
The ruble ended a five-day rally and starting sliding again after a top Russian official said the currency had stabilized.
India's long-held position as the world's top diamond polisher is being challenged by soaring output from China.
Russia said its currency crisis was over despite its forex reserves plunging and inflation surging over 10 percent, in its worst economic crisis since 1998.
Survivors and relatives of victims gather on Friday to mark the 10th anniversary of Asia's 2004 tsunami that still leaves a mark in Asia.
Southeast Asia's fastest growing economy goes to the polls next month and Sri Lanka's vote looks set to be close for the first time in nearly a decade.
A disorderly slowdown in China and regional geopolitical tensions could derail optimism surrounding India's outlook next year, according to a new report.
Chinese investment banks have awarded the first pay rises since the financial crisis, but salaries and bonuses still trail Western banks'.
The Russian Central Bank said it will offer dollar and euro loans to banks that put foreign-currency loans to major exporters up as collateral.
Economic crisis in Russia could shake the ties between Putin and the Russian oligarchs believed to be part of his inner circle. Global Post reports.
Ukraine's bonds have had a terrible year as the country's conflict with Russia wears on, but could be a canny buy in 2015?
South Korean prosecutors indicted U.S. taxi-hailing service provider Uber's local unit for violating a law governing public transport, Yonhap reported.
A decade after splitting two railroad manufacturers from the same company to promote competition, China now wants to recombine them. The Financial Times reports.
Venezuela's currency controls give consumers cheap Scotch and Barbies, even as they struggle with shortages of staple products such as milk and medicine.
As the U.S. reduces its military budget, Jim Cramer sees allied countries are arming themselves. This is good news for one group of stocks.
Asian currencies may take a wild ride in 2015 with central bank policies set to diverge as the Fed prepares to raise interest rates, analysts say.
Political unrest kept tourists away from Thailand for much of this year, but a surge in Chinese travelers may signal a recovery ahead, analysts say.