China cut interest rates unexpectedly on Friday, stepping up a campaign to prop up growth in the world's second-largest economy.» Read More
The country's benchmark stock index dropped 5.6% on Monday, its worst sell-off since September 2011 and the rupiah weakened to a more than four-year low against the dollar.
The battered rupee hit another fresh record low on Monday, and although most analysts see further weakness in the coming months, they say the currency's woes are set to ease.
As funds continue to flee emerging markets, valuations in this asset class are becoming dirt cheap with large cap stocks priced as if they’re "going out of business," said Citi.
Former Australian Liberal Party leader John Hewson said Australia had squandered the resources boom by not reforming the tax system.
Not everyone is convinced the widely anticipated pullback in the U.S. Federal Reserve's bond buying is sounding a death knell for emerging markets.
Japan's exports jumped in July from a year earlier at the fastest pace almost three years due to a recovery in overseas demand and support by a weaker yen.
Singapore's PM promised a "strategic shift" in his country's approach to "nation building" as he laid out plans to address widening income disparity and other threats. The FT reports.
Everbright Securities faces tough sanctions as it apologized for a glitch in its computer systems that caused a spike of more than 5 percent in domestic stock indexes last week.
The trial of senior Chinese politician Bo Xilai will start on Thursday, he will face charges of bribery, corruption and abuse of power.
Baijiu, the most popular alcoholic drink you've probably never heard of, could make its way to a liquor store near you soon.
Authorities have opened a bribery investigation into whether JPMorgan Chase hired children of powerful Chinese officials to help the bank win business, the New York Times reports.
China may be exaggerating the size of its economy by $1 trillion by releasing "willfully fraudulent" inflation and GDP [gross domestic product] data, according to a new study.
A mysterious surge in Chinese stocks early Friday evaporated in the afternoon—and it appears likely the entire rally stemmed from a trading mistake.
The Indian rupee fell to a record low on Friday as central bank measures to tighten capital outflows and curb gold imports were seen as unlikely to prop up the currency.
Net capital outflows from Asia's fourth largest economy - South Korea - is expected to hit a record high this year and the culprit behind the move are not the usual suspects.
An earthquake with a preliminary magnitude of 6.8 struck south of New Zealand's capital, Wellington.
BHP Billiton said U.S. authorities have laid out grounds for possible enforcement action against the top global miner for corrupt practices.
Introduced several years ago, the Hizamakura 'Lap Pillow' shaped like a lady's lap is enjoying a surge in popularity again among lonely men in Japan.
Goldman Sachs economists wanted to bring their global clients up to speed on the risks in China's credit boom.
India's economic growth slowdown will not last long as the government moves to make foreign investment easier, the country's prime minister said on Thursday.
While foreign markets offer cheap valuations, they continue to underperform U.S.-based assets and U.S. markets. says Meb Faber, CIO at Cambria Investment Management.
Mark O'Byrne, Executive and Research Director at GoldCore, says waning support for the Swiss referendum could be a headwind for gold prices in the short run.
Andrew Colquhoun, Head of Asia-Pacific Sovereigns at Fitch Ratings, explains why the agency plans to review Japan's ratings by end of 2014. The country is currently rated A+ with a negative outlook.