Despite concerns over a slowdown, China's businessmen could top travel spending by 2016, overtaking their U.S. counterparts.» Read More
Starboard Value has received "non-binding written indications of interest" for its Smithfield Foods assets, the company said on Tuesday.
Bank of America launched on Tuesday an up to $1.5 billion share offering in China Construction Bank, in a bid to shore up its own balance sheet.
Goldman Sachs has raised its GDP forecast for China to 7.6 percent from 7.4 percent for 2013, even as it slashed the growth targets for India and other Southeast Asia nations.
Fears persist about risks in the Chinese banking sector, with one analyst arguing that it could soon follow the route of Greek and Spanish banks.
The animal spirits, literally and figuratively, may be returning to the gold market. Iconic Australian wildlife are set to drive sales of Perth Mint's limited edition bullion coins.
Speculation over the dollar-yen is once again doing the rounds, after the Japanese currency fell to one-month lows against the U.S. dollar.
The dramatic plunge in the Indian rupee won't last for much longer and the Indian equity market will recover too, the executive chairman of Templeton Emerging Markets Group, Mark Mobius told CNBC-TV18.
The Indonesian rupiah's indicative prices weakened past 11,000 per dollar support on Tuesday, for the first time in more than four years.
Former basketball star Rodman will arrive in Pyongyang for a five-day visit to North Korea, but said he had no plans to negotiate the release of a jailed American missionary.
Japan will tell G20 nations at a summit this week that it will proceed with a planned two-stage sales tax hike, Finance Minister Taro Aso said on Tuesday.
Australia's central bank kept its cash rate steady at a record low of 2.5 percent on Tuesday.
Japan's government has agreed to spend nearly half a billion dollars to contain a radioactive leak at the Fukushima Daiichi power plant, in an attempt to avert what industry watchers have described as a looming nuclear crisis.
Thought speculation about Fed tapering was bad for emerging markets? Just wait to see what happens if Larry Summers is appointed as the next U.S. central bank chief.
The Japan government plans to spend at least 40 billion yen to contain the leaking of radioactive water at the Fukushima Daiichi nuclear power plant.
The Seychelles islands in the Indian Ocean, better known for their pristine beaches and crystal clear waters, are the most indebted nation in the world, according to a new report released on Monday.
Samsung is set to launch its much anticipated smartwatch on Wednesday, marking a major milestone in the emerging product category.
The Indian rupee is managing to catch a break from a precipitous sell-off that’s dogged the currency in the past month, but strategists are skeptical the turnaround will last.
An uptick in Chinese manufacturing activity in August has eased slowdown fears, but analysts have flagged concerns about the quality of growth for the country.
Singapore, resilient so far to the turmoil that has swept emerging markets, appears to be one of the most financially vulnerable countries in Asia.
India has been hit by a wave of growth downgrades, with analysts predicting the slowdown to worsen after GDP figures on Friday fell to lowest rate in four years.
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Barry Dawes, Head of Resources at Paradigm Securities, says geopolitics are unlikely to affect oil since prices are being supported by firm underlying demand.
Mikihiko Yamato, Deputy Head of Research at Ji Asia, says monthly comparisons show that June's retail sales are on an uptrend, indicating that consumption is improving
Greg Gibbs, Senior Currency Strategist at RBS, says upcoming U.S. economic data must at least meet expectations in order for the greenback to remain firm.