The South Korean coast guard said on Wednesday more than 300 people were unaccounted for missing from a ferry sinking off the southwest coast.» Read More
Taimur Baig, Chief Economist India / Indonesia / Philippines, Deutsche Bank AG says that India needs more investments and a higher savings rate to meet a 8-9% growth target.
China stocks may consolidate further on Wednesday before a decisive breakthrough. The Shanghai Composite closed 0.13 percent lower on Tuesday at 2448.88 on weakness in financials, turnover was lighter than Monday.
Despite all the debate about the Buffett rule, the U.S. ranked 23rd in terms of the top marginal tax rate in 2011. Find out which 10 countries have the world's highest income tax rates.
The economic slowdown in India is one of the world’s biggest economic stories, but it is commanding only a modicum of attention in the United States.
Mark Matthews, Head of Research Asia, Bank Julius Baer says while Europe faces a lot of uncertainty in the medium-term, the long-term outlook for the economic bloc is positive.
Call it prosperity without a whole lot of pull, at least when it comes to investors. This is the new reality of the auto industry. Business is booming, profits are strong, investors are indifferent.
Chinese and U.S. leaders said Friday that they had made important progress on a range of economic issues, with China Prime Minister Wen Jiabao saying the agreement had included “some important breakthroughs.”
Christian Whiton, Principal, DC International Advisory explains why he thinks the U.S. military shift to Asia is more rhetoric than concrete measures.
Parallels are being drawn between Europe’s current debt crisis and Japan’s so-called Lost Decade, when the Asian country’s economy imploded in the 1990s. The NYT reports.
The price of soybean, used to make products from livestock feed to tofu and biscuits, will get costlier because lower harvests from South America are depleting inventories.
Harsha Basnayake, Singapore and Asean Leader for Transaction Advisory Services at Ernst & Young Solutions, says mergers and acquisitions activity is still healthy in Southeast Asia.
Patrick Olney, President & CEO at Volvo Construction Equipment, says business is still 'solid' in China despite country's economic slowdown.
Donna Kwok, Greater China Economist, HSBC expects a lower China trade surplus with weakening demand in Europe.
Too many Americans are addicted to cheap credit and to artificially cheap Chinese imports at big box stores
Stuart Crow, Head of Capital Markets, Asia Pacific, Jones Lang LaSalle Property Consultants says commercial property will turn around in the second half of the year after a big drop in transactions because of worries about the euro debt crisis.
Sitao Xu, Director, Economist Intelligence Unit says that Chinese dissident Chen Guangcheng's case could bring about positive change to China's political front.
The founder of the airline that offers swanky new cabins and onboard bars for its first class passengers just got a little cooler — literally. Virgin Atlantic introduced specialty ice cubes shaped like Sir Richard Branson on select flights. But is it funny or creepy?
Despite gloomy economic news out of India in recent months, foreign investors have continued to bet on Indian stocks with the benchmark Sensex rising more than 12 percent since the start of the year. Analysts tell CNBC the momentum is likely to continue with stocks set to gain double-digits over the next year.
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Bill Maldonado, CIO, Asia Pacific at HSBC Asset Management, discusses expectations for China's first-quarter gross domestic product (GDP).
John Sculley, former Apple CEO and Managing Partner at Inflexionpoint, expects Alibaba to push on with its buying spree after listing in the U.S.
Jeremy Stretch, Head of FX Strategy at CIBC, says mixed economic data from China could weigh on the Australian dollar.