The majority investor in Malaysia Airlines said on Friday it planned to cut its workforce by 30 percent, or 6,000 workers, in an effort to make the group profitable by 2017.» Read More
Chinese wind turbine maker Sinovel Wind Group Co and two of its employees were charged with stealing trade secrets from U.S.-based AMSC.
Norway's Telenor and Qatar's Ooredoo won licences on Thursday to enter the Myanmar market, bringing foreign companies across one of the world's last telecoms frontiers.
China's factory activity is likely to have slowed further in June, official PMI due Monday will show, with one analyst expecting the index to fall into contractionary territory for the first time in nine months.
Emerging market growth has slowed to its weakest pace since the financial crisis, research firm Capital Economics said on Thursday.
The American businessman who said he was being held hostage by his factory employees in China over a pay dispute has been released.
India's current account deficit narrowed sharply in Q1, but the rapidly-falling rupee could threaten the balance going ahead, analysts said.
China's industrial profits unexpectedly jumped 15.5 percent in May from the same month last year, beating forecasts and helping to support share markets in China.
Chinese money market rates extended their moderation into a fifth day on Thursday after the central bank did not drain any cash from the market, and stocks recovered some of their big losses from earlier in the week as investor sentiment steadied.
The swearing in of Kevin Rudd on Thursday for a second time as Australia's prime minister brought some relief to the Aussie dollar, which hit a one-week high on the news.
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.
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Alvin Liew, Senior Economist at UOB, discusses his expectations for the euro zone inflation data due late Friday and how that will affect the European Central Bank's easing timeline.
Mohshin Aziz, Aviation Analyst at Maybank Investment Bank, hopes that Malaysia Airlines can provide details on its staff and capacity reduction at the announcement of restructuring plans late Friday.
Scott Phillips, Advisor at The Motley Fool Australia, says Virgin Australia's anaemic growth in full-year revenue is expected amid a tough aviation industry.