Upbeat China data may have allayed fears about its economy, but PNC Financial Services is cautious, warning of a "perfect storm" that could surface.» Read More
The unexpected contraction in China's factory activity in May has heightened the risk of a further slowdown in the second quarter, after the economy grew at its slowest pace in three years over January to March, said economists.
Singapore's economy grew unexpectedly in the first quarter of the year but the manufacturing sector remains weak.
The hot money flooding out of the west in search of higher returns in growing markets has stoked fears about the biggest credit boom in Asia. The Financial Times reports.
Hacking in China thrives across official, corporate and criminal worlds and is openly discussed and promoted, whether for breaking into private networks, tracking dissent or stealing trade secrets. The New York Times reports.
China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary survey of purchasing managers showed, adding to concerns that a recovery in the world's second-largest economy is sputtering.
Ford said on Thursday it is closing its two Australian auto plants and will cease production in the country in 2016.
Japanese investors sold 804.4 billion yen ($7.8 billion) worth of foreign bonds last week after three straight weeks of net buying, as they took advantage of the soft yen.
Singapore on Thursday reported a surprise expansion in its economy in the first quarter, helped by a surge in financial services as trading in stocks and foreign exchange soared.
More women in the U.S. would rather give up sex than their mobile device for a week, according to a recent survey.
Survey after survey shows that the wealthy are back to pre-crisis boom years when it comes to their outlook for their own finances, their investments and their retirements. But many of them are still sitting on lots of cash.
Microsoft unveiled its long-anticipated next generation console Xbox One on Tuesday, but it was its inclusion of live TV, rather than its gaming capabilities that set tongues wagging.
The Bank of Japan ended a two-day meeting on Wednesday with a decision to leave monetary policy unchanged and a promise to monitor volatile bond markets.
Even as Apple faced a grilling from lawmakers over its tax avoidance schemes, two more companies revealed they would move jurisdictions to lighten their tax burden.
There may be fewer China bulls around these days, but Deutsche Bank remains optimistic about the outlook for the economy, forecasting growth will peak at 9 percent around mid-2014.
The Bank of Japan's plan to double the country's money supply over the next two years has put the spotlight back on the global carry trade. We've identified some of the biggest carry trades based on either the interest rate differential or their popularity.
Sony cut its sales targets for digital cameras, smartphones, and tablets, but said there were "encouraging" signs of a revival in its electronics business.
On top of a slowdown in Australia's lucrative mining sector, consumer sentiment in the country appears to have deteriorated sharply, posing a challenge to the central bank.
The recent weakness in the Japanese yen is not coming in the way of the country's luxury carmaker Lexus International's plans to invest overseas, said a senior company executive.
Despite all the negative headlines, Chinese investment in the US hit an all-time record in 2012: $6.5 billion. It will likely surpass that level in 2013.
A measure of Australian consumer confidence fell sharply in May as households reacted negatively to the government's budget announcement, even after a cut in interest rates to a record low.
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Adithep Vanabriksha, Deputy Chief Investment Officer at Aberdeen Asset Management, explains why Thailand's outlook has improved. He also names the Thai stocks which offer attractive valuations.
Nicholas Smith, Japan Strategist at CLSA, says Japan's consumer price index for June remains "decent" after stripping out the volatility in food and energy prices.
Werner Husmann, President for Asia Pacific at Steinway & Sons, highlights the rise of wealthy individuals in China as one of the factors fueling its business in the mainland.