Rescuers searched for hundreds of people still missing after a South Korean ferry capsized more than 24 hours ago.» Read More
Chang Tou Chen, managing director and head of global banking, Southeast Asia at HSBC, expects a range of IPOs to come to the Southeast Asian markets.
Patrick Perret-Green, head of FX & rates strategy for Asia at Citi, says Asian central banks are more relaxed about the dollar, with almost 50 percent of Asian trade in the region.
Tai Hui, regional head of economic research, Southeast Asia at Standard Chartered, says central banks in Asia will not cut rates like Brazil, because domestic demand and lending are still growing fast and are very robust.
Jason Zhao, general partner at Cybernaut (China) Investment, says the firm is only interested in investing Chinese companies that have other resources and business connections.
Masayuki Kichikawa, MD, chief Japan economist at Merrill Lynch Japan Securities, says that Noda's conservative fiscal stance means that he's likely to increase tax, weaken the strong Yen, and request the BOJ to further ease monetary policy.
The growing tension between China, Vietnam and the Philippines in the South China Sea could lead to a miscalculation and further escalation between the parties, a former advisor to U.S. Vice President Dick Cheney warned on Friday.
For the third time in the last four months, Chrysler outsold Toyota in the US. It's an interesting statistic that may or may not mean much given your perspective. Personally, I think it's an indication the Chrysler and its dealers are continuing to build momentum after being left for dead by the previous owners.
"On one hand export orders appear to be falling but on the other hand production seems to be rising so where is the production going? Obviously it's going into internal demand. This is in line with China's five year plan promoting more internal consumption which seems to be taking effect but it's not going to happen overnight. But this is a very positive trend China's economy is slowing, there's no doubt about that, but it's slowing out of choice, Andrew Leung, founder at Andrew Leung International Consultants told CNBC.
The PMI statistic, "Is not a great number on its own. But if you look at what is happening in Europe and the US, where you are also likely to get a number below that key 50 level, it shows that China is at least still expanding rather than contracting," Simon Grose-Hodge, head of investment advisory at LGT Bank, told CNBC.
Huang Guangyu, a Chinese tycoon serving a 14-year fraud sentence in a Beijing prison, has put in a bid for the retired UK aircraft carrier HMS Ark Royal with the aim of turning her into a floating exhibition hall and hotel. The FT reports.
Gold prices have stalled in recent days as investors have turned away from safe-havens and towards risk assets.
A look at Japan's struggle to overcome the rising yen amid weak demand out of the U.S. and Europe, with Chris Rupkey, Bank of Tokyo-Mitsubishi, and Constance Hunter, Aladdin Capital Holdings.
As consumers in the U.S. and Europe continue to tighten their purse strings, retailers from the West are increasingly looking to tap Asia's growing demand for overseas brands, particularly in the region's retail hub - Singapore
Ford and Zipcar are going back to school. Both companies are hoping their new partnership elevates their exposure to college age drivers, a segment of the population that is often overlooked and ripe with potential.
"You probably have to distinguish between different countries. I think in Japan's case it's fairly easy it's all about exchange rates and that's obviously depressing sentiment and exporters and depressing the willingness and profitability of large companies," Richard Jerram, chief economist at Bank of Singapore told CNBC. "I think Korea is more interesting because that's more geared directly to the global cycle and it does suggest that maybe global demand is not really as robust as people had been hoping," he added.
Many ask whether high-income countries are at risk of a “double dip” recession. But Martin Wolf of the FT argues the first one never ended. The question, according to him, is how much deeper and longer this recession or “contraction” might become.
Brian Bridges, Professor of Politics at Lingnan University says there is potential for factional trouble within the party.
Vishnu Varathan, Regional Economist,Asia Economist at Capital Economics (Asia) expects inflation in India to rise slightly above 10%, and that will be the RBI's key focus for the year.
Is now the time to look for exposure to the developing world? Insight on whether investors should bet on emerging markets, with Tim Seymour, EmergingMoney.com.
Bill Gross, manager of the world’s largest bond fund for Pimco, has admitted that it was a mistake to bet so heavily against the price of US government debt.
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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.