The Japanese spent more than they saved in the 12 months ended March 2014, the first time that's happened since the data set began in 1955.» Read More
RBA left the door open to further interest rate cuts but signaled no urgency to act as there was a substantial amount of policy stimulus in place.
China's central bank appears to have underlined its commitment to currency reform by allowing the yuan to rise to a record high against the dollar.
Australian Treasurer Joe Hockey told CNBC the U.S. government shutdown has taught his country a lesson on how not to handle their domestic problems.
Despite the rise in China's consumer prices to a seven-month high in September, economists say that inflation doesn't pose a risk for the economy.
While some show frustration at the US shutdown, others argue that the ordeal is simply a good representation of democracy.
Heavy Chinese investment in the US prompted Beijing to air its frustrations with the shutdown, calling for a "de-Americanized" world order.
Perhaps the only people who have managed to find a silver lining in the ongoing U.S. government shutdown are Chinese intellectuals. The GP reports.
China's consumer inflation crept up to a seven-month high of 3.1 percent in September, limiting the scope for the central bank to support the economy.
Economic data out of China this week are to be scrutinized after weak export numbers cast a cloud over recent signs of a recovery for the country.
Swings in Singapore's growth data are likely to continue in the coming quarters due to its reliance on international trade and financial services.
The Toronto Star sent reporter Raveena Aulakh to work undercover at a Bangladesh garment factory and found a nine-year-old girl working there.
Hundreds of thousands of people flooded the streets of Hanoi the Vietnamese capital on Sunday to bid a final farewell to a legendary war hero.
One of largest storms India has ever seen makes landfall later on Saturday.
With China vowing a new era of humble austerity, they may have met their most exotic adversary yet: an 2,300-ton, 295-foot-long puffer fish.
Walmart's decision to end a joint venture with Bharti Enterprises could force other global retailers to re-think their expansion plans into India.
China's export growth fizzled in September to post a surprise fall, data showed.
A cyclone powered its way inland over eastern India on Sunday leaving a swathe of destruction.
Foxconn, the Taiwanese electronics maker that supplies companies such as Apple and Sony, has admitted that student interns at one of its factories in China have worked shift patterns that are in violation of company policies.
Asia's economies face sluggish growth and high macro risks, weakened by the influx of easy money and China's slowing growth, according to Nomura.
Over the past decade, North Korea has begun to relax some control
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