As fears grew over a widening Ebola outbreak, it was an unlikely company to which the world turned for help: Fujifilm. The Financial Times reports.» Read More
Swiss bank UBS will surrender its Indian banking license and close its banking unit, covering fixed income, forex operations and credit services, a source with direct knowledge of the matter told Reuters on Saturday.
Fears are ripe in Asia that tapering of the U.S. Federal Reserve's QE program could lead to events similar to 1994's debt market crash, but one economist says concerns are overblown.
From posting images of landmarks wearing gas masks to wacky tweets on how to handle Singapore's worst air quality problem, residents keep it light-hearted.
Fears about the Fed unwinding its monetary stimulus have sent global markets into a tail spin this week and some analysts argue the sell-off is in fact justified.
The Singapore haze, a thick smog caused by crop burning in Indonesia, has reached a record hazardous level on Friday.
The prospect of liquidity drying up in world's second largest economy is rattling markets inside and outside China, unnerving investors at a time when the Federal Reserve looks set to start unwinding some of monetary stimulus.
Why have emerging markets been hit so hard by talk of an end to the Fed's bond buying program? You have to go back to the basic belief about the program.
After the 2008 financial crisis, China kept the credit taps open. The companies and local governments that got accustomed to lots of cash now find themselves cut off.
Chinese shares sank to multi-month lows as fears of a slowdown in the world's second-largest economy were exacerbated by further weakness in its vast manufacturing sector.
Sony shareholders pressed its chief executive for a response to Third Point's proposal for a partial spinoff of its entertainment arm but Kazuo Hirai pleaded for their patience.
The Aussie was served a double blow on Thursday, falling to its lowest level against the greenback since 2010, and experts expect the currency to fall further in the months ahead.
Markets sold off sharply in Asia on Thursday, after the U.S. Fed suggested it could start to unwind its monetary stimulus program later this year.
China's central bank continued to test the resilience of local lenders to withstand a cash crunch on Thursday, as money market rates soared and short-term rates hit record highs.
Weakness in the manufacturing sector could make it harder for China to resist calls to ease monetary policy, analysts say.
Smog so dense you can hardly see and people walking around with face masks on: scenes often associated with polluted Beijing actually describe Singapore.
PM Abe has vowed to take steps to help mobilise women power to end economic stagnation and engineer growth in a country beset by an ageing, shrinking population.
The closely-watched flash estimate of the HSBC China Purchasing Manager's Index (PMI) fell to 48.3 in June, worse than the 49.2 reading in May when the index moved into contractionary phase for the first time in seven months.
The slump in the Indian rupee, which is hovering near lifetime lows, poses a threat to the recovery in Asia's third largest economy that is already on fragile footing.
Australia has been clouded with negative forecasts in recent weeks, but one report says the economy is set to bounce back.
Investor confidence in emerging markets continues to plummet, with a fund managers' survey by BofA Merrill Lynch showing that equity investment in the group has fallen to its lowest level since 2008.
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Christoph Kaml, CFO at Palfinger, says the Austrian crane-maker's international businesses are making up for the weak orders in Europe.
Mike Elliott, Global Mining & Metals Leader at EY, discusses the miner's decision to increase the capacity of its Western Australian operations despite plummeting iron ore prices.
Speaking to CNBC at the APEC Finance Ministers meeting in Beijing, Angel Gurria, Secretary-General of the OECD, discusses the outlook for Europe's economy.