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The unexpected contraction in China's factory activity in May has heightened the risk of a further slowdown in the second quarter, after the economy grew at its slowest pace in three years over January to March, said economists.
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This expert explains why quantitative easing (QE) is not about printing money and why bank reserves aren't money.
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The hot money flooding out of the west in search of higher returns in growing markets has stoked fears about the biggest credit boom in Asia. The Financial Times reports.
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The problem for Korea had seemed obvious: the won has climbed by a third against the Japanese currency, in theory allowing Japanese companies to undercut Korean competitors and carry home more yen.
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Sinopec made a lackluster market debut on Thursday, casting doubt on a nascent recovery in IPO issuance in the city as investors remained cautious because of a weaker local stock market.
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Singapore on Thursday reported a surprise expansion in its economy in the first quarter, helped by a surge in financial services as trading in stocks and foreign exchange soared.
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China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary survey of purchasing managers showed, adding to concerns that a recovery in the world's second-largest economy is sputtering.
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Japanese investors sold 804.4 billion yen ($7.8 billion) worth of foreign bonds last week after three straight weeks of net buying, as they took advantage of the soft yen.
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Ford said on Thursday it is closing its two Australian auto plants and will cease production in the country in 2016.
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Hacking in China thrives across official, corporate and criminal worlds and is openly discussed and promoted, whether for breaking into private networks, tracking dissent or stealing trade secrets. The New York Times reports.
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Despite all the negative headlines, Chinese investment in the US hit an all-time record in 2012: $6.5 billion. It will likely surpass that level in 2013.
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Microsoft unveiled its long-anticipated next generation console Xbox One on Tuesday, but it was its inclusion of live TV, rather than its gaming capabilities that set tongues wagging.
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Survey after survey shows that the wealthy are back to pre-crisis boom years when it comes to their outlook for their own finances, their investments and their retirements. But many of them are still sitting on lots of cash.
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The Bank of Japan's plan to double the country's money supply over the next two years has put the spotlight back on the global carry trade. We've identified some of the biggest carry trades based on either the interest rate differential or their popularity.
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There may be fewer China bulls around these days, but Deutsche Bank remains optimistic about the outlook for the economy, forecasting growth will peak at 9 percent around mid-2014.
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More women in the U.S. would rather give up sex than their mobile device for a week, according to a recent survey.
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Even as Apple faced a grilling from lawmakers over its tax avoidance schemes, two more companies revealed they would move jurisdictions to lighten their tax burden.
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The Bank of Japan ended a two-day meeting on Wednesday with a decision to leave monetary policy unchanged and a promise to monitor volatile bond markets.
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The recent weakness in the Japanese yen is not coming in the way of the country's luxury carmaker Lexus International's plans to invest overseas, said a senior company executive.
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On top of a slowdown in Australia's lucrative mining sector, consumer sentiment in the country appears to have deteriorated sharply, posing a challenge to the central bank.
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Sony cut its sales targets for digital cameras, smartphones, and tablets, but said there were "encouraging" signs of a revival in its electronics business.
Editor's Picks
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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.
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First it was gold, and now it's silver. The metal fell victim to heavy selling on Monday.
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Australia's dollar has received its fair share of whacking lately and perhaps it's time to give the currency a bit of a break, currency strategists say.
Asia Video
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Lothar Mentel, Chief Investment Officer at Tatton Investment Management says the recent rally shows a confused market and expects some volatility ahead.
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Greg Matwejev, Director, FX Hedge Fund Sales and Trading at Newedge says that the U.S. dollar will be the trade of the year.
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Erwin Sanft, Managing Director, Head of China & HK Equity Research at Standard Chartered says corporate profits in China are recovering despite the weaker economic data.