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
Japanese Prime Minister Shinzo Abe said on Sunday the government would decide on tax cuts in autumn to encourage companies to boost capital expenditure as part of sweeping reforms to revive the economy.
After two days of talks, President Obama and President Xi Jinping of China moved closer on North Korea, but remaining sharply divided over cyberespionage, the New York Times reports.
China's growth could slow further after data released on Sunday showed subdued activity right across the economy in May in the face of sustained global weakness, raising the possibility of interest rate cuts.
U.S. President Barack Obama and his Chinese counterpart Xi Jinping launched straight into discussing hard issues at an informal summit, and may delve deeper when they meet again on Saturday.
China's exports posted their lowest growth rate in almost a year in May while imports unexpectedly fell, underlining concerns about slowing growth in the world's second largest economy.
SoftBank is in talks with Deutsche Telekom over a possible deal for T-Mobile US, as the Japanese company looks for alternatives if its $20.1 billion deal with Sprint Nextel falls apart.
Samsung lost $12 billion in market value on Friday, hit by downgrades that have underscored concerns about slowing sales of its flagship Galaxy S4 smartphone.
Even as Japan's stock index flirted with bear territory on Friday and then closed more than 6 percent lower for the week, there was some good news for the beaten-down Nikkei.
Prime Minister Shinzo Abe's policies to revive Japan's economy are proving to be problematic for neighboring South Korea, said the head of the country's financial regulator.
Any Fed tapering of bond buying could lead to a liquidity squeeze in the world's second largest economy.
Benchmark crude oil prices may rise in the second half of this year if Iran's chief nuclear negotiator and frontrunner in presidential elections, wins the vote scheduled for June 14.
A Chinese firm is close to buying Britain's largest luxury yacht maker by sales, underscoring China's growing appetite for European luxury assets. The Financial Times reports.
Strategists say the wild currency moves in the dollar-yen may be far from over.
China's new leaders have adopted a greater tolerance for a slowdown in the economy than their predecessors and are likely to allow quarterly growth to slip as far as 7 percent before triggering fresh stimulus.
Americans know that the U.S. keeps a huge petroleum reserve, but China takes stockpiling to an entirely different level: It runs a strategic pork reserve.
Obama's cyberhacking talks with China can have only a "limited" impact, former ambassador Jon Huntsman tells CNBC.
The Australian dollar continued its dramatic slide on Thursday, hitting a 20-month low against the U.S. dollar below the 95 cent mark to levels unseen since October 2011.
Volatility in global markets looks tame compared with the wild swings in emerging market currencies as investors brace for an unwinding of the Fed’s hefty monetary stimulus, strategists say.
Although the fall in Japan's benchmark stock index over the past two weeks has been much steeper than anticipated, the market might just escape bear market territory, strategists say.
China is doing "much better" than the recent slew of discouraging monthly economic data might suggest, according to Stephen Roach.
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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.