The stockpiling of cabbage is a vestigial impulse that speaks to an era of scarcity that still haunts Chinese of a certain age. The NYT reports.» Read More
China's 2012 box office was dominated by foreign films for the first time in four years as a deal cemented earlier this year saw more Hollywood film screened on the mainland, squeezing out domestic competition.
South Korean inflation eased in December further below the central bank's target, data showed on Monday, reflecting weak demand and giving the Bank of Korea room for more interest rate cuts to spur growth.
The Warren Buffetts of the East failed to live up their reputations in 2012, when big-name investment gurus made the wrong calls on China while markets in India and Southeast Asia raced ahead to rank among the top performers globally.
Yale University plans to open in Singapore, but critics feel it is impossible to build an elite college dedicated to free inquiry in a nation with heavy restrictions on public speech and assembly.
China unveiled tighter Internet controls on Friday, legalizing the deletion of posts or pages which are deemed to contain "illegal" information.
Chinese stocks have gained more than 11 percent in December after languishing in negative territory for most of 2012, prompting analysts to say 2013 could finally be the year for Chinese stocks to break out of the doldrums.
Poor Japanese manufacturing data on Friday gave new Prime Minister Shinzo Abe more ammunition to push for big spending and easy money to salvage the world's third largest economy from decades of deflation and its fourth recession since 2000.
Bharti Infratel, backed by billionaire Sunil Mittal, fell as much as 12.7 percent in its trading debut after raising about $760 million in India's biggest IPO in two years, weighed down by a cautious outlook for mobile tower operators.
The Philippines is finally picking up economic momentum, but this rapid growth has passed over the vast majority of the poor.
Olam International, which has been battling short-seller Muddy Waters, said on Friday that Singapore state investor Temasek Holdings had raised its stake in the commodities firm to 19 percent from 18 percent.
The Year of the Dragon was supposed to be particularly lucky and momentous, charged with auspicious signs of change. While the Chinese government may dispute that this year has been full of good luck, for China watchers, 2012 has certainly delivered. The GlobalPost reports.
Beijing will introduce tough new laws to punish firms that flout food safety laws, the official Xinhua news agency reported, a significant move in China's struggle to get its abysmal food safety record under control.
South Korean industrial output grew for a third consecutive month in November from October and at a much faster pace than expected, data showed on Friday, offering fresh evidence that Asia's fourth-largest economy is starting to pick up.
Toyota Motor eliminated a huge obstacle with a U.S. settlement over unintended acceleration in its cars and trucks, leaving it to fight smaller cases that will be harder for plaintiffs to prove and less likely to damage the company's growing sales.
Japan's Toshiba is in talks with three parties to sell a portion of its stake in its nuclear power unit Westinghouse, according to media reports.
Prime Minister Manmohan Singh struck a downbeat note on the challenges facing the Indian economy on Thursday, dubbing a five-year plan for average growth of 8 percent "ambitious."
South Korea warned on Thursday of only a modest recovery in the economy next year while its central bank promised to focus on supporting growth for the time being, both bolstering expectations for more fiscal and monetary stimulus.
China Construction Bank said on Thursday that it is investigating allegations by investors that a clerk at the country's second-biggest lender misled them into buying a wealth management product that underperformed.
One day last summer, Pu Xiaolan was halfway through a shift inspecting iPad cases when she received a beige wooden chair with white stripes and a high, sturdy back. The NYT reports.
They may not be sexy or exciting to drive, but a new study by Consumer Reports says hybrids offer the best value for those buying a new vehicle.
Jeremy Stretch, Head of FX Strategy at CIBC says investors should look beyond tapering and also pay attention to underlying growth dynamics.
Hao Hong, MD of Research & Chief Strategist at Bank of Communications International, says the real test of Chinese reform is whether the government can sit tight if growth falls below 7% in 2014.
Jay Srivatsa, Managing Director of Chardan Capital Markets, thinks the tech rally still has legs but says bigger returns will come from smaller cap names.