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Even as Hong Kong on Wednesday unveiled $10.3 billion worth of measures to support its struggling economy, ranging from tax rebates to property levy waivers, analysts say the territory needs more than a financial boost to make it more livable.
Call this another example of the boomerang effect from the auto downturn 3 years ago now helping out an industry on the rebound.
Anoop Singh, Director, Asia & Pacific Department, IMF says concerns persist over a possible spillover effect to Asia from the euro zone. However, he adds that Asia has room for stimulus.
While Zhang Zhiwei, Chief China Economist, Nomura, expects the PBOC to cut reserve requirement ratio further this year, and says authorities aren't in a hurry to loosen policy due to the tight labor market.
Although recent action may be similar, Cramer isn't so sure the market will repeat the same trajectory as last year.
There were times last year when foreigners all but vanished from the elegant wooden veranda of Kiyomizu Temple in Kyoto, one of Japan’s most celebrated tourist spots, but now they are flowing back – and most of them seem to be speaking Chinese.
Rising wealth lifts demand for exotic pets and delicacies in Asia. Meanwhile, enforcers are stretched thin.
David Carbon, MD, Economics & Currencies, DBS Bank Group Research, says funds are flowing back into Asia as fears over the EU ease.
This should have been a day to celebrate at Ford headquarters. It announced a pre-tax operating profit of $8.8 billion for 2011, its most profitable year since 1999. Instead, the company missed earnings estimates by a nickel and investors are focusing on the company's conservative outlook for 2012.
Aluminium prices will remain stable for the first half of 2012, and will rise in the second half, Oleg Deripaska, CEO of Rusal, the world's largest aluminium producer, told CNBC.
Following Keppel Corp's record full year profit for 2011, CEO Choo Chiau Beng discusses the oil rig builder's deal outlook for the current year.
Ikea is withholding its entry into India in spite of New Delhi’s move to open its market to foreign retailers as the Swedish homewares company accelerates its expansion in other Brics countries. The FT reports.
When some look at Ford they see a company that may have pushed its profit growth as far as it can go for this cycle.
Vessels bought during the global commodity boom are only now being delivered, putting pressure on the European banks that financed the purchases. The New York Times reports.
Steve Leonard, President, Asia Pacific/Japan at EMC discusses his outlook for the company and why Apple's earnings are positive for EMC.
A vehicle known as a variable interest entity allows Chinese companies like Alibaba to accept money from foreign investors through an offshore entity, even in restricted industries. The government is taking a closer look, the New York Times reports.
Insight on whether emerging market stocks which have under-performed in the last year will turn around, with Tim Seymour, Seygem Asset Management.
Christine Lagarde, managing director at the IMF, says economic growth is slowing in all markets, with CNBC's Maria Bartiromo. "No country is immune," she adds.
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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.