An avalanche sweeping down Mount Everest killed 12 Nepali guides in what may be the deadliest single incident on the world's highest peak.» Read More
The stock holdings of Prime Minister Wen Jiabao’s relatives took a solid jump after Ping An was granted a waiver to a rule that big financial companies be broken up. The NYT reports.
India has waded into the international row over the map in new Chinese passports, describing its inclusion of disputed territory along the two countries’ border as unacceptable. The FT reports.
General Motors, just three years out of bankruptcy, is taking a big step to bolster its captive finance operations overseas. The world’s largest automaker bought the international operations of Ally Financial for $4.2 Billion.
CNBC's Ross Westgate reports on all the market moving events from Europe, as the EU budget summit is set to reconvene later in the day.
After months of lackluster activity, the buzz is back in Hong Kong’s IPO market as several big companies prepare to list in this once hot destination for raising capital.
Japanese consumer electronics firms Sony and Panasonic face another two to three years of “poor profitability” if they do not regain their technological edge, Matt Jamieson, head of APAC Research with Fitch’s corporate ratings group, told CNBC on Friday.
A Texas-born quickie mart chain explodes across tropical Asia. The Global Post reports.
Sean Darby, Global Head of Equity Strategy, Jefferies says that the Bank of Japan is stuck in a corner and it has to act on monetary policy to appease the population.
Aaron Fischer, head of Asian consumer and gaming research at CLSA Asia Pacific Markets, tells CNBC that after years of explosive growth, Asian casinos are entering a period of less profitability.
China’s stock market, which has shed 60 percent of its value since a 2007 peak, is once again languishing at 3-1/2 year lows and nothing it seems can push this market out of a rut, said analysts.
One of the key destinations for financial jobs, Singapore is fast losing its lure as bank layoffs threaten the once robust job market in this Southeast Asian city state.
Beijing has included its South China Sea territorial claims on maps printed inside new Chinese passports, infuriating at least one of its neighbours. The FT reports.
Adrian Mowat, Chief Asian & Emerging Markets Equity Strategist, JP Morgan Securities Asia Pacific says Asian earnings have been downgraded by 15% this year, with obstacles ahead for profitability.
CNBC's Ross Wesgate reports on all the market moving events from Europe, as the IMF and finance ministers have yet to reach a deal on Greek debt.
A significant increase in the pace of foreign currency accumulation at the Reserve Bank of Australia (RBA) over the past three months has attracted plenty of comment and analysis, even though it amounts to a mere blip in the country’s foreign exchange flows.
Greece’s international lenders once again failed to reach an agreement on how to bring down its debt levels, delaying the release of vital aid to Athens and pushing the euro lower. Yet all is not lost for Greece and the single currency, analysts told CNBC.
Glencore International's $31 billion takeover of Xstrata — approved by shareholders Tuesday — will create a merged company that may rival BHP Billiton as the world's top miner in five years' time, according to resources-focused private equity investor CEF Holdings.
Weak economic growth, oversupply and measures to keep a lid on house prices suggest that Asia’s priciest property markets, Singapore and Hong Kong, now face a ‘day of reckoning’ after several years of robust gains, Nomura analysts warn.
Liu Xianping, 72, was discovered by accident and has turned his granddaughter's online fashion business into a worldwide hit. The Global Post reports.
Paul Louie, Head of Regional Property Research, Asia ex-Japan, Nomura says that Hong Kong's property market will stall next year with expectations for single digit growth.
Get the best of CNBC in your inbox
David Frigstad, Chairman of Frost & Sullivan, says Japanese firms are "aggressively" pursuing changes in their corporate culture after missing out on previous global opportunities.
Jeffrey Halley, Senior Manager at Saxo Capital Markets, describes the factors impacting the rupee in Thursday trade.
Richard Gelfond, CEO of IMAX, explains why the firm is still seeing "great appetite" for its theater in the mainland.