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
A small, simple device can unlock hotel doors at some of the most popular chains.
The South Korean won should remain relatively strong given the underlying economic fundamentals of the Korean economy and better global economic headwinds,Thio Chin Loo, Senior Currency Strategist at BNP Paribas told CNBC Thursday.
Apple's rank in China's smartphone market, which is set to become the world's largest this year, fell to No.6 in the third quarter as it faces tougher competition from Chinese brands, according to research.
South Korea's economy grew 0.1 percent in the July-September period from the previous quarter, a slight downgrade from an earlier estimate and the slowest in three and a half years.
Ten Network announced a steeply discounted $240 million capital raising on Thursday as it struggles to buy hit programs to counter a weak advertising market.
Samsung is likely accelerating the launch of its next-generation Galaxy smartphone- which may come with an unbreakable screen.
China told Vietnam on Thursday to stop unilateral oil exploration in disputed areas of the South China Sea, raising tension in protracted maritime territorial disputes with its neighbors.
Standard Chartered expects to pay $330 million to settle a case with U.S. regulators, further denting profit growth this year.
China's new leaders do not officially assume their new posts until next March, but they're already on Forbes' Most Powerful People list. This may signal the growing clout of Asia's political figures in global affairs.
From the collapse of a global power to a surge in a stock price, several boom to bust observations have been made this year. Here is our list of eight.
As the prospect of the U.S. economy falling off a "fiscal cliff" looms large, keeping stock markets on edge, one technical analyst says falling off the "cliff" is likely to end up being a non-event for equities.
HSBC Holdings might pay a fine of $1.8 billion as part of a settlement with U.S. law-enforcement agencies over money-laundering lapses.
Australian employment rose 13,900 to beat expectations for a second month in November while the jobless rate surprised with a drop to 5.2 percent.
New Zealand's central bank held its key rate at a record low and indicated it would likely stay there into 2014 because of a strong dollar, and the prospect of inflation from a pick-up in earthquake rebuilding and more active housing market.
General Motor's new China chief insists that their partnership with SAIC Motor is fine and are growing closer as they look to use their business model in Southeast Asia to tap demand for no-frills cars.
Investors looking to buy corporate bonds must temper their expectations for 2013.
Foreign retail companies could soon be free to move onto Indian soil after parliament voted to allow foreign direct investment in a fiercely contested debate on Wednesday evening.
Wal-Mart entered India's supermarket sector in 2010 with a $100 million bet on a consultancy with no employees, no profits, and a scant $14,000 in revenue.
Chinese stocks, which have had a forgettable year so far, climbed 3 percent on Wednesday, after the country's new leadership promised further reforms. But is the rally that has fizzled out many times in the past here to stay?
The start of the downturn dates from the summer of 2007. To still not have resumed meaningful growth six years later suggests we need to take more radical measures.
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.