Japan's blue-chip stock index doesn’t usually follow the direction of China’s stock market but that has changed this week as the Shanghai Composite slumped to its lowest level in more than four years.
Sony's Xperia Z, which went on sale in February, has already sold almost a million units by some estimates. But troubles are foreseen for the tech giant. The NYT reports.
Kevin Rudd was sworn in as Australian prime minister for the second time on Thursday, a day after toppling Julia Gillard and three months out from scheduled elections.
Pessimists fear that Abe could weaken a commitment to economic reforms if his ruling party gets a decisive win in next month's upper house elections.
For Peter Schiff, the Japanese Nikkei is like tech stocks in the nineties—but worse.
The U.S. businessman who says he's being held hostage by his employees in China over a pay dispute told CNBC he hopes "pretty good negotiations" will bring his captivity to an end.
The United States remains the largest player in global defense, but that dominance is expected to wane over the next eight years, according to analysis by IHS Jane's Defence.
China's central bank says it is ready to help out local lenders suffering under tight credit conditions, but that doesn't mean the reprieve for banks will last long, analysts say.
The investment bank says the central bank's effort to alleviate the liquidity situation is unlikely to drive a turnaround in the slumping stock market.
China's central bank is right to tame high credit growth and not doing so would have long-term negative consequences, said an official at Moody's Investors Service.
A further spike in U.S. treasury yields and not China's financial instability could be the biggest risk to Asia, analysts say.
First, it was the Japanese who blew into the U.S. to buy famous pieces of landscape. Now another set of deep-pocketed foreign buyers is pushing ever deeper. The NYT reports.
Former director of the U.S. Central Intelligence Agency (CIA) has said the fallout from the Edward Snowden case could be extremely damaging to U.S.-China relations.
The buoyant currency has fallen to its lowest level in more than a month, finally succumbing to jitters about signs of weakness in the economy.
Tougher regulation mean banks in Singapore are struggling to replace the 100 traders who left the market during a rate-fixing probe.
The average wage slave in Shanghai may find it harder than ever to get a job or pay rent, but when it comes to cheap grub, the government is there for them. The FT reports.
Troubles in emerging markets could stretch to the luxury apartment markets in New York City and Miami. But only if you're a single-digit millionaire.
An American businessman in China says workers at his factory are holding him hostage in a dispute over money.
Market veterans Marc Faber and Jim O'Neill — known as Dr. Doom and Mr. BRIC respectively — posted opposite views when asked if the Chinese liquidity crunch was real.
Samsung Electronics is in early talks with the EU antitrust regulator to settle charges that it abused its market position by barring Apple from using an essential mobile phone patent. The talks come after the European Commission told Samsung it was acting unfairly by seeking injunctions against Apple.
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Lee Wai Fai, Group CFO at United Overseas Bank (UOB), describes the factors weighing on the bank's slowing mortgage growth.
Adriana Kugler, former Chief Economist of the U.S. Labor Department, says the Fed is sticking to its easing plan until they see signs of wage inflation.
Ronnie Chan, Chairman of Hang Lung Properties, says the government's measures to stabilize prices are working.