An effective formula of combining monetary and fiscal policies means Japan is in a better position to benefit from quantitative easing compared to the U.S., says Nobel Laureate Joseph Stiglitz.
North Korea barred entry to a joint industrial complex it shares with the South for a second day, Seoul's Unification Ministry said, and demanded extended notice of when hundreds of South Korean workers planned to leave.
China has found two more cases of a new strain of bird flu and one of the victims has died, bringing to nine the number of confirmed human infections from the previously unknown flu type.
As the Asian Development Bank searched for a new leader, one seemingly odd twist is that China, the third largest shareholder in the bank has forfeited its chance to come up with a nominee. CaiXin Online reports.
Shares of Hyundai Motors and its Kia Motors affiliate slumped on Thursday, after both companies said they are recalling more than 1.8 million cars and SUVs in the United States to address faulty parts.
Rhetoric is heating up: North Korea's army warned that it has been cleared to wage an attack on the US, while the US said it will deploy a missile defense system to Guam.
Over the next decade, China's growth will slow, probably sharply. That is not the view of malevolent outsiders. It is the view of the Chinese government. The question is whether it will do so smoothly or abruptly. The Financial Times reports.
An effective formula of combining monetary and fiscal policies means Japan is in a better position to benefit from quantitative easing compared to the U.S., says Nobel Laureate Joseph Stiglitz.
The policy measures taken in Japan to revive economic growth are "quite dangerous," billionaire investor George Soros told CNBC in an interview on Friday.
The Nikkei surged by up to 4.7 percent a day after the Bank of Japan (BOJ) gave investors what they were waiting for, and analysts say the current rally is gaining a momentum of its own and not simply riding on a weakening yen.
The curious characteristic of the Singaporean economy is that while some sectors are clearly going through a soft patch others like property are booming. How can this island state reconcile this dilemma?
Rich Chinese tourists are now looking to spend their mega bucks closer home, choosing Hong Kong and Singapore over London and New York to get their luxury fix, according to an HSBC report.
South Korea's leading manufacturers are seeing their exports and profits undermined by the yen's decline and want more government help to deal with the problem, a survey by their lobby group showed.
Malaysian Prime Minister Najib Razak announced he will dissolve parliament on Wednesday, paving the way for a long-anticipated general election late this month.
North Korea on Wednesday closed access to a joint factory zone that earns $2 billion a year in trade for the impoverished state but will allow hundreds of South Koreans to return home, allaying fears they could have been held hostage.
Australia's highly-regarded central bank governor, Glenn Stevens, will remain in his position for a further three years after his current seven-year term expires in September.
With its rare apology, Apple went from pariah to praiseworthy in the eyes of China's state-controlled media, a lesson for other foreign firms not to underestimate the power of the government press.
Australia's trade deficit shrank by much more than expected in February to its smallest in 14 months thanks to higher prices for resource exports, a likely boost to profits and incomes that also gave the local dollar a lift.
North Korean leader Kim Jong Un's brinksmanship is in full bloom. Foreign-policy analysts agree the situation is troubling, though there's a deep difference of opinion on what approach would convince Kim Jong Un to play nice. NBC News reports.
China's official purchasing managers' index (PMI) for the non-manufacturing sector rose to 55.6 in March from 54.5 in February, adding to signs of a modest uptick in China.
The results of a business confidence survey in Japan showed that despite a surge in stock prices and a steep fall in the yen, Japanese manufacturers are still largely pessimistic.
Tokyo markets soared today on the Bank of Japan's bold easing measures with the benchmark Nikkei index nearing a 5 year high, even briefly topping the 13000 mark at one point. The Nikkei's Sachiko Kishida reports.