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
As investors fret over the tapering off of U.S. monetary stimulus, a World Bank economist says such a move poses a particular risk to Asia.
The Bank of Korea held interest rates steady on Thursday, possibly matching the analysts' consensus view that the cut in May was the last one for the year.
Asia’s economic development and a growing consumer class means the temptation to return home for those Asian entrepreneurs with a Western education is strong, experts say.
Fitch Ratings returned India's sovereign outlook back to "stable" from "negative" a year after its initial downgrade, surprising markets with a validation of the government efforts.
North Korea blamed the South on Thursday for scuttling fresh dialogue that aimed to ease tensions between the rival Koreas.
Edward Snowden, the former National Security Agency employee, told a Hong Kong newspaper on Wednesday that he plans to stay and fight extradition. The New York Times reports.
India, Brazil and Indonesia have all intervened to boost their currencies. How much things have changed from a few months ago.
Easy come, easy go - hot money is fast exiting emerging market equities, confirming worries over the negative consequences of ultra-loose monetary policy in the United States.
The world's oldest person, 116-year-old Japanese man Jiroemon Kimura, died on Wednesday, Japanese media said.
Markets are disappointed with the Bank of Japan's inaction to calm a volatile bond market. Perhaps they shouldn't be, analysts say.
Sony CEO Kaz Hirai made it clear he sees the console as one of the tentpole units that will lead the company back to prosperity. Early indications are Sony plans to do that by changing the closed gate philosophy it has held for so long.
Despite recent volatility, Japanese companies stand out in one aspect making the Nikkei attractive.
South Korean women have to overcome many obstacles at work after marriage and child birth. Long hours and lack of childcare force many to leave the workforce. The FT reports.
For all the worries among investors and policymakers over the rupee's sudden plunge to record lows, the Indian economy may now be in better shape to handle a depreciation.
Sony unveiled its next generation console priced at $399 on Monday, undercutting its rival Xbox, which had been launched just a few hours earlier, by $100.
After a month of equity and government bond market volatility, the Bank of Japan's inaction on Tuesday came as a letdown to investors expecting a more pro-active policy stance.
With elections around the corner, former vice finance minister of Japan, says he's not hopeful PM Abe will announce any ground-breaking structural reforms.
After 21 years of uninterrupted economic growth, the risk of Australia’s economy slipping into recession may be growing, analysts say.
The Bank of Japan on Tuesday kept monetary policy steady and revised up its assessment of the economy, unfazed by recent market turbulence.
There are many reasons why Snowden's decision to come to Hong Kong could be foolish. But there is at least one reason it could be incredibly shrewd. The GlobalPost reports.
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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.