An effective formula of combining monetary and fiscal policies means Japan is in a better position to benefit from quantitative easing compared to the U.S., says Nobel Laureate Joseph Stiglitz.
The South Korean won dropped to a fresh 7-month low against the dollar early on Friday as investors remained wary of more bellicose rhetoric from North Korea and with inter-Korean tension escalating.
Foxconn has record high annual revenue and, in the last quarter of 2012, its highest operating margins in three years despite Apple's continued troubles. The Financial Times reports.
Global central banks are accelerating mostly ineffective policies because they feel they have no choice but to keep trying, Pimco's Mohamed El-Erian told CNBC.
The iPhone's main adversary estimated its January-March operating profit rose 53 percent to $7.7 billion, marking the end of five straight quarters of record profits for the world's biggest techn firm by revenue.
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China said it was mobilizing resources nationwide to combat a new strain of bird flu that has killed six people, as Japan, Hong Kong and the United States stepped up vigilance.
South Korea’s defense chief said on Thursday that North Korea had moved to its east coast a missile with a “considerable” range, but that it was not capable of reaching the United States.
In contrast to the Bank of Japan's radical monetary shift announced on Thursday, the ECB and BOE policy decisions that followed were underwhelming in comparison. The Financial Times reports.
The North Korean army said it has final approval to launch strikes against the United States, including the use of nuclear weapons. The Global Post reports.
Facebook is unveiling a new Android product Thursday, as a fast-growing number of its 1.06 billion users access it on smartphones and tablet computers.
A layer of complexity underlying the saber-rattling in North Korea is Pyongyang's growing trade relationship with China, said John Park of Harvard's Belfer Center.
While growth in China's services sector touched a multi-month high in March, economists tell CNBC why this March reading does not look so attractive after all.
While the latest ratcheting up in tensions between North and South Korea is starting to make investors jittery, markets may be underestimating the risk of a potential conflict on the Korean peninsula, analysts say.
The Bank of Japan on Thursday unveiled an aggressive monetary policy to end years of deflation in the world's third largest economy, pledging to double its government bond holdings in two years.
The waters of the South China Sea surrounding Hong Kong were the setting for an uncommon sight this week: A growing crowd of hulking cargo ships bobbing aimlessly in the haze as their frustrated crews waited for them to be able to come in to port. The New York Times reports.
Australian retail sales surged 1.3 percent in February, far above expectations and the biggest rise in over three years, the clearest sign yet that consumer demand is responding to lower rates.
The results of a business confidence survey in Japan showed that despite a surge in stock prices and a steep fall in the yen, Japanese manufacturers are still largely pessimistic.
Tokyo markets soared today on the Bank of Japan's bold easing measures with the benchmark Nikkei index nearing a 5 year high, even briefly topping the 13000 mark at one point. The Nikkei's Sachiko Kishida reports.