The most senior official to face corruption charges in modern China is under investigation, after he and his family members were detained.» Read More
Australia's corporate earnings season is over and the results have not been as bad as analysts feared, putting Aussie stocks on track and on a firmer note than their peers.
Indians are postponing overseas travel due to the slide in the rupee, which has pushed the price of accommodation, food and entertainment considerably higher.
Emerging markets are getting a beating right now, but the tattered asset class could be poised to become the “comeback kid” of 2014, some analysts say.
The rupee has fallen so far so fast that not even analysts can define the currency's future. They are struggling to make sense of a currency that is now in uncharted territory.
India is considering to direct commercial banks to buy gold from ordinary citizens in an attempt to curb imports and take some heat off the plunging currency.
Economic data from Japan on Friday showed upbeat industrial output, inflation and employment figures, in the latest signs of a recovery taking hold.
It's a question many have been asking: Was Zeng Chengjie, who's been likened to Bernie Madoff and was executed by China, a perpetrator or a pawn of a flawed a money system?
The ex-girlfriend of North Korean leader Kim Jong Un was among a number of musicians who were executed by firing squad on August 20.
India's beaten-down currency showed on Thursday that it hasn't given up the fight, staging it's biggest one-day gain for over 15 years on central bank intervention.
Google has lost a top executive from its Android management team to fast-rising Chinese smartphone maker Xiaomi, the FT reports.
Indonesia's central bank raised its benchmark reference rate 50 basis points to 7.0 percent on Thursday in a bid to stabilize the wilting rupiah and economy.
The worsening Syria conflict has exposed an uncomfortable truth behind China's cherished policy of non-interference: Beijing cannot do much to influence events even if it wanted to.
Indonesia's central bank is expected to raise interest rates on Thursday in its latest attempt to defend the plunging rupiah, which has slid some 12 percent so far this year.
Even the Singapore dollar, underpinned by a robust economy, has failed to escape the pressure facing its regional peers.
Indians overseas have helped the country avert past economic crises, so policymakers are pleading with them to plug a trade gap that is punishing the currency.
The moves are part of a push by China's leaders to reshape its economy to one driven more by consumers but to discourage ostentation.
The recently struggling emerging markets are getting "closer to a bottom," Leah Zell, founder of Lizard Investors, tells CNBC. She also offers two global stock picks.
As the world watches Syria amid concerns of a U.S.-led military intervention, halfway across the globe a nuclear disaster could be unfolding with the potential for years of repercussions in Japan.
Singapore's government issued another round of cooling measures for its real estate sector, this time targeting the subsidized public housing market.
The Aussie dollar has been swathed in bearish sentiment in recent months, but the tide could be turning for the battered currency as analysts find reasons to be optimistic.
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Apart from cheap valuations, the global nature of its big firms makes it unlikely that Russia will isolate itself from the world, says Mark Mobius, Executive Chairman of Templeton Emerging Markets Group.
Gordon Chang, Author of The Coming Collapse of China, likens the ongoing anti-graft campaign to a "political purge" that has created instability in its political system.
Simon Cox, Senior Investment Strategist at BNY Mellon, says the crackdown on corruption has been "more sustainable and widespread than expected." He also discusses what it means for growth.