An avalanche sweeping down Mount Everest killed 12 Nepali guides in what may be the deadliest single incident on the world's highest peak.» Read More
Lack of funding, oversupply and poor freight rates are going make 2012 a “crisis” year for the shipping industry, says Andrew Broomhead, CFO of Hong Kong's largest operator of dry-bulk vessels Pacific Basin.
GM and Peugeot have officially agreed to an alliance Stephen Girsky, GM's Vice Chairman discusses the deal.
Moira Forbes, President & Publisher, ForbesWoman, says Asia's economic prosperity creates unprecedented opportunities for women to break some of the cultural barriers that existed before.
The CEO of Bank Negara Indonesia, Indonesia’s fourth-largest lender, says it’s searching for suitable buyers for a 25 percent stake in its life insurance business. He was responding to recent reports the bank is in talks with Japanese investors.
The U.S. economic recovery is "frustratingly slow" and it could take four to five years to ratchet the unemployment rate down to about 6 percent, from more than 8 percent now, a top Federal Reserve official said on Tuesday.
Japanese chipmaker Elpida Memory, which has filed for bankruptcy protection, will draw up a rehabilitation plan within six weeks as it works to slash debt quickly to appeal to potential turnaround sponsors, the Nikkei said on Wednesday.
Chinese car maker BYD said on Tuesday that its net profit in 2011 fell by 44 percent from a year earlier due to fierce competition in the world's largest auto market and a sharp fall in photovoltaic product prices.
When I asked David Champion about the quality and reliability of the latest models tested by Consumer Reports, Champion said bluntly, “They’re still reliable, but the re-designs are disappointing. Their fit, finish, steering, and handling all need work.”
The Indonesian government's approval of a long-awaited land acquisition bill in December will speed up land purchases for public infrastructure projects in Southeast Asia's largest economy and boost the country's cement space, according to one analyst.
Australia's QBE Insurance posted a 45 percent fall in full-year net profit after unprecedented weather events in 2011 sent claims soaring, hurting the insurer's bottom line.
We're now at around $3.70 a gallon and some auto parts suppliers are primed to meet the demand for more fuel efficient cars and trucks with technology and products that help vehicles run more efficiently.
Investors are set to increase their exposure to commodities in 2012, according to an annual survey by Barclay’s Capital, with 56 percent of those surveyed saying they will initiate or ramp up commodity investments over the next three years, compared to 45 percent last year.
Gearing up for times like these are exactly the reason the Big 3 went through the painful restructuring of the last four years. Automakers need to be nimble when the demand shifts and it will be shifting as prices at the pump move closer to $4 a gallon.
NY Times reports that Mr. Putin, who grew up in a hardscrabble Soviet housing block, has spent more than a decade in a byzantine world of petitioners and servants. Now, in the year he turns 60, he will face his biggest challenge: coming to grips with a society that has greatly changed under his watch, while he has remained essentially the same.
United Overseas Bank, the smallest of Singapore's three banking groups, reported a 21 percent fall in quarterly profit due to lack of one-off gains and as it booked losses on its European debt exposure.
Gatot Suwondo, President Director & CEO of Bank Negara Indonesia, says the bank will focus on corporate and retail banking going forward.
Frederic Neumann, MD & Co-Head of Asian Economics Research at HSBC, expects policy tightening across Asia towards the end of the year as he believes inflation could make a comeback due to rising oil prices.
A new report by Experian shows a healthy improvement in new and used car loans.
Discussing the structural challenges China is facing as its economy slows, with John Rutledge, Rutledge Capital and Stephen Roach, Stephen Roach, Morgan Stanley Asia non-executive chairman.
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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.