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
Asia's fourth-largest economy is far less vulnerable to shocks triggered during the Asian financial crisis in 1997.
The economy is dominated by companies that are now household names such as Samsung Electronics, LG Electronics, Hyundai Motors, and Kia Motors.
South Korea's economy and its stock market are dominated by dozens of financially complex, family-run, multinational conglomerates that have been central to the nation's rise on the global stage.
South Korea's resilient economy has earned it a rank among the so-called Asian tigers. But, its export-driven industries are volatile, even as it's grown to global prominence.
Recent cases may be just the start of a new period where consumers take automakers to court over mileage claims.
Market sentiment has reached what's described in Chinese media as "freezing point" on a combination of concerns about neverending initial public offerings, an upcoming over-the-counter market, and disappointing corporate scorecards.
As more people decide to fly, there are some airlines that have a distinctive edge over their rivals when it comes to providing the best service.
CNBC's Kelly Evans reports on all the market moving events from Europe, including a look at equities; weighed down by earnings worries.
China is finding that it may not need to threaten or invade this diplomatically isolated island, which it considers a rogue province. It’s doing just fine buying influence from the inside out, the Global Post reports.
News that Sun Hung Kai’s billionaire co-chairmen have been charged for bribery has cast a pall over the stock and prompted a downgrade from Barclays on Monday, as investors continue to weigh the extent of the fallout from the scandal on Asia's largest developer.
The United States should not extend Bush-era tax cuts for the wealthiest Americans even as the so-called ‘fiscal cliff’ looms because it will perpetuate income inequality, says Larry Summers, former U.S. Treasury Secretary. Instead, these revenues should go towards strengthening public education and ensuring that low-income students are presented with equal opportunities as their wealthy counterparts so that they can participate in the economy.
Simon Godfrey, Head of Investment Specialists, EM Group, BNP Paribas Investment Partners shares his top stock picks within Asia. He says the current environment is not good for pure cyclical plays.
Las Vegas casino mogul Sheldon Adelson was in a buoyant mood on a visit to his new project in Macau three months ago. The 5,800-room Sands Cotai Central, scheduled for completion next year, had already cost $4.4billion by then – “but who’s counting?” he said. The FT reports.
Li-Gang Liu, Head of China Economic Research, ANZ says to look at monthly high frequency data for a more accurate growth picture.
China will cut taxes on the profits that foreign companies take out of the country by up to 50 percent after rules on withholding taxes were relaxed to encourage more overseas investment. The FT reports.
Attention turns to earnings after last week's June data showed the Chinese economy slowed in line with expectations.
China's economic woes that have brought growth to a three-year low will continue for some time, but the slower expansion remains within expectations, Premier Wen Jiabao said Sunday.
There's growing worry about a global pilot shortage among industry experts. Asia already is experiencing a shortage. Learn why.
Michael Leven, Las Vegas Sands president & COO, shares his thoughts on how to create jobs in America, and weighs in on growing the Asian gaming industry.
CNBC's Kelly Evans reports on all the market moving events from Europe, including returns on Italian bonds, and whether the IMF will issue more financial support to Greece.
Get the best of CNBC in your inbox
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.