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.» Read More
This expert explains why quantitative easing (QE) is not about printing money and why bank reserves aren't money.
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.
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.
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.
A perfect storm of yen strength, soaring JGB yields and new evidence of weakness in China's economy sparked a major sell-off in Japan's equity markets on Thursday.
Japanese government bond yields soared to 1 percent on Thursday, their highest level in a year, prompting the Bank of Japan to keep a promise of taking action to stabilize an incredibly volatile market.
Singapore's economy may have grown unexpectedly in the first quarter of the year but the manufacturing sector remains weak and that's not a great sign for the export-dependent economy, analysts say.
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.
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.
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.
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.
Ford said on Thursday it is closing its two Australian auto plants and will cease production in the country in 2016.
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.
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.
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.
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.
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.
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.
More women in the U.S. would rather give up sex than their mobile device for a week, according to a recent survey.
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.
Rallies have to end sometime for sure, but history suggests the current one doesn't have to end anytime soon.
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.
The yen's recent weakness is not hindering the luxury carmaker Lexus International's plans to invest overseas.
Firas Maksad, Managing Director of Global Policy Advisors, gives his assessment of the Middle East situation two and a half years since the Arab Spring.
Dane Chamorro, Director, Global Risk Analysis, Asia Pacific at Control Risks
John Collison, Co-Founder and President of online payment processor Stripe says the company is making it easier for businesses to sell online by making better payment infrastructure. He says this will lead to more offerings for the consumer.