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
Stephen Halmarick, Head of Investment Market Research at Colonial First State Global Asset Management says that if the U.S. economy heads back towards recession because of the fiscal cliff, that could hurt Asia.
Stephen Halmarick, Head of Investment Market Research at Colonial First State Global Asset Management says that there's a threat of a further credit downgrade, if there's no deal on the U.S. debt ceiling.
Yale University plans to open in Singapore, but critics feel it is impossible to build an elite college dedicated to free inquiry in a nation with heavy restrictions on public speech and assembly.
CNBC's Kelly Evans reports on all the market moving events from Europe, as stocks lose ground and hope fades there will be additional monetary easing in Japan and a "fiscal cliff" deal reached in the U.S.
China's central bank will use various tools to ensure steady credit growth to support the economy while pursuing financial reform in the face of weakness and uncertainty in the global economic outlook, it said in comments published on Friday.
Singapore likely joined Japan in recession in the fourth quarter of 2012, dragged down by weakness in its top exports of electronics, according to a Reuters poll of economists.
Chinese stocks have gained more than 11 percent in December after languishing in negative territory for most of 2012, prompting analysts to say 2013 could finally be the year for Chinese stocks to break out of the doldrums.
China's factory activity in December probably expanded at its fastest pace in eight months, reinforcing signs of a steady recovery in the world's second-largest economy underpinned by pro-growth policies.
Poor Japanese manufacturing data on Friday gave new Prime Minister Shinzo Abe more ammunition to push for big spending and easy money to salvage the world's third largest economy from decades of deflation and its fourth recession since 2000.
Bharti Infratel, backed by billionaire Sunil Mittal, fell as much as 12.7 percent in its trading debut after raising about $760 million in India's biggest IPO in two years, weighed down by a cautious outlook for mobile tower operators.
Olam International, which has been battling short-seller Muddy Waters, said on Friday that Singapore state investor Temasek Holdings had raised its stake in the commodities firm to 19 percent from 18 percent.
Beijing will introduce tough new laws to punish firms that flout food safety laws, the official Xinhua news agency reported, a significant move in China's struggle to get its abysmal food safety record under control.
Richard Harris, CEO of Port Shelter Investment Management recommends diversifying portfolio to hedge risks and maximizing returns in 2013.
Richard Harris, CEO of Port Shelter Investment Management believes South Korea is set to perform well in coming years however Japan too has potential if reforms come through.
South Korean industrial output grew for a third consecutive month in November from October and at a much faster pace than expected, data showed on Friday, offering fresh evidence that Asia's fourth-largest economy is starting to pick up.
Brian Jackson, Global FX Strategist, Coutts says he likes the Indian currency as New Delhi doesn't mind a stronger currency. He expects the rupee to hit 51.50 against the USD.
Brian Jackson, Global FX Strategist, Coutts says the Japanese currency will hit 88-87 levels by the end of next year but there will be a pull back in the very near term.
Jack Bouroudjian, CEO, Bull and Bear Partners likes tech stocks as there's a lot of capital expenditure on the sidelines. He also explains why he likes home builders and financials.
Jack Bouroudjian, CEO, Bull and Bear Partners says market confidence is at a very very low level despite the global growth story being still intact.
Japan's Toshiba is in talks with three parties to sell a portion of its stake in its nuclear power unit Westinghouse, according to media reports.
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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.