China's parliament has formally approved changes to the budget law allowing local governments to issue bonds directly.» Read More
The Indian rupee fell to a record low on Friday as central bank measures to tighten capital outflows and curb gold imports were seen as unlikely to prop up the currency.
Net capital outflows from Asia's fourth largest economy - South Korea - is expected to hit a record high this year and the culprit behind the move are not the usual suspects.
An earthquake with a preliminary magnitude of 6.8 struck south of New Zealand's capital, Wellington.
BHP Billiton said U.S. authorities have laid out grounds for possible enforcement action against the top global miner for corrupt practices.
Introduced several years ago, the Hizamakura 'Lap Pillow' shaped like a lady's lap is enjoying a surge in popularity again among lonely men in Japan.
Goldman Sachs economists wanted to bring their global clients up to speed on the risks in China's credit boom.
India's economic growth slowdown will not last long as the government moves to make foreign investment easier, the country's prime minister said on Thursday.
The U.S. Federal Reserve tapering fears spurred an en masse stampede of funds from many regional markets and currencies. But as the dust begins to settle, some managers are calling attractive re-entry points.
The boom in emerging markets is over, according to Arnab Das, managing director of market research and strategy at Roubini Global Economics.
Taiwanese smartphone maker HTC has launched a $1 billion global ad campaign with a commercial featuring U.S. film star Robert Downey Jr., in the hope of turning around its fortunes.
Weekly purchases of foreign bonds by Japanese investors surged to a three-year high last week, as low domestic rates encouraged local institutions to search for higher returns overseas.
India saw inflation rate climb to 5.79 percent in July, its fastest pace in five months and above the 5 percent economists had expected.
The executive of Fonterra's milk business has resigned in the wake of a food safety scare that has threatened to damage the reputation of the world's largest dairy exporter.
The stars may finally be aligning for a long-awaited deal between Apple and China Mobile that could help the iPhone maker claw back lost ground in its most important growth markets.
Eighteen Indian sailors were trapped and some were killed after an explosion and fire on a diesel-powered submarine berthed at a base in Mumbai on Wednesday.
Just as China’s economy is beginning to show some signs of a pickup, allaying fears of a hard landing scenario, economists are already warning that the upturn may be short-lived.
Newspaper executives in the US or Europe can only fantasize about the problems confronting their Indian peers: how to source the extra newsprint for rising circulations.
The operator of Japan's crippled Fukushima nuclear plant is preparing to remove 400 tons of highly irradiated spent fuel from a damaged reactor building.
Emerging markets have opened up to investment and should have a raft of enactments of new investment-friendly legislation. Yet in the past decade, momentum has slowed.
The fall in the rupee has been grabbing market attention, but the focus could soon shift to the Indonesian rupiah, which could suffer the same fate as the embattled Indian currency.
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Greg Smith, Group CEO at Global Commodities, says renewed tensions in Ukraine will fuel concerns of a supply disruption and that will lift oil prices higher in the weeks ahead.
After stripping out the base effects, the underlying trend in the inflation data does not reflect a downtrend, says Euben Paracuelles, Executive Director and Southeast Asia Economist at Nomura.
Robert Chow, Spokesman, Alliance for Peace and Democracy, says Beijing has always been clear about the degree of autonomy it will give Hong Kong. He also discusses the response from the city's citizens.