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
The Bank of Japan ended a two-day meeting on Wednesday with a decision to leave monetary policy unchanged and a promise to monitor volatile bond markets.
Even as Apple faced a grilling from lawmakers over its tax avoidance schemes, two more companies revealed they would move jurisdictions to lighten their tax burden.
There may be fewer China bulls around these days, but Deutsche Bank remains optimistic about the outlook for the economy, forecasting growth will peak at 9 percent around mid-2014.
The Bank of Japan's plan to double the country's money supply over the next two years has put the spotlight back on the global carry trade. We've identified some of the biggest carry trades based on either the interest rate differential or their popularity.
Sony cut its sales targets for digital cameras, smartphones, and tablets, but said there were "encouraging" signs of a revival in its electronics business.
On top of a slowdown in Australia's lucrative mining sector, consumer sentiment in the country appears to have deteriorated sharply, posing a challenge to the central bank.
The recent weakness in the Japanese yen is not coming in the way of the country's luxury carmaker Lexus International's plans to invest overseas, said a senior company executive.
Despite all the negative headlines, Chinese investment in the US hit an all-time record in 2012: $6.5 billion. It will likely surpass that level in 2013.
A measure of Australian consumer confidence fell sharply in May as households reacted negatively to the government's budget announcement, even after a cut in interest rates to a record low.
The Bank of Japan on Wednesday decided to keep monetary policy on hold, but one board member tried unsuccessfully to loosen the central bank's commitment to achieving its 2 percent inflation target within two years.
North America's largest chocolate manufacturer Hershey's is veering away from tradition to bite into the world's fastest growing candy market with the launch of a new milk candy made especially for China.
According to this expert the rally in gold over several years was based on a misunderstanding, which is only now getting cleared.
New house prices in 70 major cities rose by an average of 4.3 percent in April from a year earlier, accelerating from 3.1 percent in March. The Financial Times reports.
Exports rose less than expected in April from a year earlier due to weak demand, underscoring the limitations of a weak yen in bolstering the trade sector.
Kyle Bass hopes he is wrong, and so may everyone else, as the danger predicted by the founder of Dallas-based Hayman Capital is nothing less than a full blown financial crisis in Japan. The Financial Times reports.
The H7N9 virus appears to have been brought under control in China largely due to restrictions at bird markets, but caused some $6.5 billion in losses to the economyy.
Sony shareholders will be able to gauge CEO Kazuo Hirai's response to activist investor Dan Loeb's proposal to break up the company when he gives an update on his revival strategy at a press briefing on Wednesday.
Alan Bowman, Regional VP for Interactive Entertainment Business at Microsoft Asia Pacific, explains why the company thinks its new game console product can take a bigger space in consumers' living rooms.
A proposal to cleave the roles of chairman and CEO at banking giant JPMorgan Chase was defeated in a narrow shareholder vote on Tuesday.
Apple's CEO is disputing assertions that the company evades billions of dollars in U.S. taxes by shifting profits to foreign affiliates.
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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.