The South Korean coast guard said on Wednesday more than 300 people were unaccounted for missing from a ferry sinking off the southwest coast.» Read More
Tokyo stocks fell today as investors moved away from risky assets, over fears of Europe's debt problems. Shares of Olympus plunged more than 16 percent .The Nikkei's Makiko Utsuda reports.
Christopher Artinian, president & CEO of Morton's Restaurant Group which owns and operates Morton's Steak House, discusses the company's plans to expand in Asia.
Indian state-controlled refiners cut petrol prices for the first time in three years on Wednesday, after one of the ruling Congress party’s key political allies threatened to quit the alliance over recent price hikes. The FT reports.
Troops and army trucks are rolling through the streets of Bangkok again. This time it is not to battle protesters or overthrow a prime minister, but to help flood-hit civilians. The NYT reports.
A syndicate including Temasek, the Singapore state investment agency, and a number of Chinese institutions has bought 10.4 billion shares in China Construction Bank from Bank of America for about $6.6 billion, according to people familiar with the transaction. The FT reports.
Is now the time to invest in Chinese banks? Insight with Tim Seymour, EmergingMoney.com founder.
Sebastian Evans, fund manager at Naos Asset Management, discusses the hidden value in Village Roadshow's film production business, Engenco's good turnaround track record, and Tissue Therapies' potential partnership deal.
Mari Pangestu, Minister for tourism and creative economy for Indonesia, says the Government plans to upgrade airports, access roads to tourism destinations and also develop Special Economic Zones.
Rajeev De Mello, head of Asian fixed income at Schroders Investment Management, thinks that Asian bonds, especially Indonesian ones, tend to be less volatile than foreign issues.
The Asian Development Bank has called for India and China to be ready to help rescue the eurozone from its sovereign debt crisis to avoid a long-term downturn that will stunt the growth of Asian economies. The FT reports.
Bruce Rockowitz, President of Li & Fung talks about the resilience of his business in the face of global uncertainty.
Warren Buffett, Berkshire Hathaway chairman/CEO says the relationship between U.S. and China will be bumpy at times, however the two countries will align interests over time.
Mukesh Ambani, India’s richest man, has called for a generational change in the country’s gerontocratic leadership, and urged the government to move faster to implement reforms that would help meet its young population’s economic ambitions. The FT reports.
The crisis at the Fukushima Daiichi nuclear power plants in Japan last March put the brakes on the industry's revival, dimming prospects for the immediate future.
Investors in the solar industry have needed a strong stomach this year, and that’s unlikely to change soon.
As the eurozone crisis spreads from Greece to Italy, countries far afield are being sucked into the maelstrom. The FT reports.
Can India transition from being the favored destination for offshored services to a locus of innovation?
Weighing in on Green Tech Auto's joint venture in China Terry McAuliffe, former DNC chairman/Greentech Auto CEO, who says the electric vehicle is the beginning of a new market for the company and the venture in China will bring 2,000 jobs to the U.S.
Chow Tai Fook Jewelery has been forced to slash the size of its planned Hong Kong listing because of market volatility but still hopes to raise up to $3 billion next month, according to people close to the deal, which could be the city’s largest initial public offering this year. The FT reports.
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Bill Maldonado, CIO, Asia Pacific at HSBC Asset Management, discusses expectations for China's first-quarter gross domestic product (GDP).
John Sculley, former Apple CEO and Managing Partner at Inflexionpoint, expects Alibaba to push on with its buying spree after listing in the U.S.
Jeremy Stretch, Head of FX Strategy at CIBC, says mixed economic data from China could weigh on the Australian dollar.