The South Korean coast guard said on Wednesday more than 300 people were unaccounted for missing from a ferry sinking off the southwest coast.» Read More
Australian retail sales were surprisingly soft in November as spending fell on clothes and household goods, a sign lower interest rates had yet to breathe life into the long-struggling bricks and mortar shopping sector.
Three of the men accused of raping and murdering an Indian student have asked lawyers to defend them and the lawyers have agreed to do so, even though most of the judiciary has refused to represent the suspects because of outrage over the attack.
Australian fire crews battled hundreds of wildfires, a searing heatwave and powerful, hot outback winds on Tuesday, but were hopeful they had dodged a potentially catastrophic fire day without loss of life or major damage.
Edward Perks, Portfolio Manager, Franklin Income Fund says that investors should gain exposure to fixed income and that high yield bonds present an interesting opportunity.
Edward Perks, Portfolio Manager, Franklin Income Fund discusses the risks of having exposure to fixed income.
David McAlvany, CEO, McAlvany Financial Group says that there will be weakness in the base metal space this year as supply will be weak.
Mike Crofton, President and CEO of Philadelphia Trust Company says a 'Recovery' in Europe, 'Re-accelerating' in China and 'Resolving' the U.S fiscal problem will boost earnings.
A fuel leak forced a Boeing 787 Dreamliner operated by Japan Airlines to return to the gate at Boston's Logan International Airport Tuesday, canceling its scheduled takeoff in the second mishap in as many days with the new jetliner.
The Bank of Japan will consider easing monetary policy again this month as it eyes doubling its inflation target, sources said.
CNBC's Kelly Evans reports on all the market moving events from Europe, as prices on EU debt rise and yields fall slightly.
Shares of the world’s largest smartphone maker Samsung Electronics are expected to surge 50 percent in 2013, on the back of a stellar performance last year.
Private equity firm Carlyle Group sold its remaining stake in China's No.3 insurer CPIC in a deal valued at $793 million, exiting the business with its largest dollar profit on an investment.
The decision to fly the victim of a gang rape that outraged India for treatment in Singapore made little medical sense as the woman was so severely injured that her death was all but inevitable, doctors say.
Looking for a McDonald's in Australia this month? You may bump into a "Macca's" instead. The international fast food giant will temporarily change signs to "Macca's," the affectionate Australian nickname for the chain, in celebration of Australia Day.
Japan's new government has vowed to revive the economy and expectations for aggressive monetary easing are running high. This sets the scene for the yen, which has fallen sharply and quickly in recent weeks, to weaken to the 100-mark versus the dollar, possibly this year, some analysts say.
A government-backed investment fund is one of several waiting in the wings for a chance to support – and profit from – China's fast-growing performing arts and film companies. Caixin Online reports.
Ajay Kapur, Head of Equity Strategy, Asia, Deutsche Bank explains why he dislikes tech sectors in Korea and Taiwan. He says since they manufacture in China, they do not have much margin power.
Ajay Kapur, Head of Equity Strategy, Asia, Deutsche Bank says expects the MSCI China to have an upside of 15% and 10% EPS growth.
Ajay Kapur, Head of Equity Strategy, Asia, Deutsche Bank sees the beginning of a trend of retail investors coming back into equities, especially Asian markets.
Samsung Electronics said it likely earned a quarterly profit of $8.3 billion, as it sold close to 500 handsets every minute.
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Bill Maldonado, CIO, Asia Pacific at HSBC Asset Management, discusses expectations for China's first-quarter gross domestic product (GDP).
John Sculley, former Apple CEO and Managing Partner at Inflexionpoint, expects Alibaba to push on with its buying spree after listing in the U.S.
Jeremy Stretch, Head of FX Strategy at CIBC, says mixed economic data from China could weigh on the Australian dollar.