The death toll from a capsized South Korean passenger ferry rose to 25 on Friday.» Read More
An 8.8 magnitude aftershock strikes close to the area rocked by an earlier quake off the coast of Sumatra. The quake was felt as far away as the Thai capital Bangkok.
A magnitude 8.7 earthquake hit west of Sumatra, Indonesia, and a tsunami warning is in effect for the entire Indian Ocean.
As he sells his squid at the Jagalchi fish market in the southern port of Busan, Chang Ho-bin is happy to explain why he will be voting against South Korea’s ruling party in Wednesday’s parliamentary elections, the FT reports.
Kathy Lien, Director of Global Research and Analysis, GFT Forex is looking for a 6-7% appreciation for the RMB in the later part of this year.
Paul Gambles, Managing Partner, MBMG Group recommends low exposure to equities as he doesn't see markets moving much higher from current levels.
Craig Steffensen, Country Director - Thailand, Asian Development Bank, explains why he thinks Myanmar still faces economic challenges despite recent efforts to reform its exchange rate policy.
Gordon Chang, Author, "The Coming Collapse of China" says China's rate of inflation has come down very quickly in the last 3-4 months, which he believes shows a deterioration of the economy.
Read ahead for a list of redesigned cars that not only didn’t improve on the existing models, but may have made buyers wish they could have the old models back.
Back in 2008 when gas prices spiked above $4 a gallon, the demand for hybrids was so great dealers charged more than the MSRP for some models and had waiting lists of buyers more than willing to pay up for a gas-electric car. Compare that with the way people are looking at hybrids right now.
Who would've thought spending an extended amount of time at an airport could be fun? Several airports around the world offer unique entertainment and activities that might actually make you wish for a delay or cancellation.
Nigeria's Ngozi Okonjo-Iweala, one of three candidates for the top job at the World Bank, says creating jobs is the most important challenge facing the organization's member countries, and that requires investments in a number of sectors such as infrastructure and agriculture.
Jim Yong Kim, the US nominee to head the World Bank, is coming under fire over a book he co-authored that criticises “neoliberalism” and “corporate-led economic growth”, arguing that in many cases they had made the middle classes and the poor in developing countries worse off.
Tommy Xie, Economist, Treasury Research & Strategy, OCBC Bank, explains why he thinks China will have GDP growth of approximately 8.5%. He adds the country will cut its reserve requirement ratio by 100 basis points in the first half of the year.
David Lee, Portfolio Manager & Investment Director, Newgate Capital, says emerging markets - as compared to developed economies which suffer from notable fiscal deficits - have outperformed and are very attractive because of urbanization and a rising middle class.
International airlines are well known for superior service compared to their U.S. counterparts, and I recently had the luxury of traveling first class with Asiana Airlines. The meals alone made my flight truly memorable.
China's economy is accelerating again and inflation will tick up by the second half of the year after bottoming out in February, according to David Carbon, Managing Director of Economics and Currencies at DBS Bank.
Some of the world’s biggest banks are trying to extend the principles of securitization to the plain-vanilla world of trade finance – a market worth an estimated $10 trillion a year – as concern mounts that regulatory changes could constrain a key lubricant of the global economy. The Financial Times reports.
David Carbon, MD, Economics & Currencies, DBS, says China's economy is accelerating again and inflation will tick up by the second half of the year.
David Green-Morgan, Global Capital Markets Research Director, Jones Lang Lasalle, sees a more sustainable residential market in China. Jeffrey Schwarts, Deputy Chairman, GLP joins in the conversation.
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David Frigstad, Chairman of Frost & Sullivan, says Japanese firms are "aggressively" pursuing changes in their corporate culture after missing out on previous global opportunities.
Jeffrey Halley, Senior Manager at Saxo Capital Markets, describes the factors impacting the rupee in Thursday trade.
Richard Gelfond, CEO of IMAX, explains why the firm is still seeing "great appetite" for its theater in the mainland.