The Japanese spent more than they saved in the 12 months ended March 2014, the first time that's happened since the data set began in 1955.» Read More
China's industrial profits unexpectedly jumped 15.5 percent in May from the same month last year, beating forecasts and helping to support share markets in China.
Chinese money market rates extended their moderation into a fifth day on Thursday after the central bank did not drain any cash from the market, and stocks recovered some of their big losses from earlier in the week as investor sentiment steadied.
The swearing in of Kevin Rudd on Thursday for a second time as Australia's prime minister brought some relief to the Aussie dollar, which hit a one-week high on the news.
Japan's blue-chip stock index doesn’t usually follow the direction of China’s stock market but that has changed this week as the Shanghai Composite slumped to its lowest level in more than four years.
Sony's Xperia Z, which went on sale in February, has already sold almost a million units by some estimates. But troubles are foreseen for the tech giant. The NYT reports.
Kevin Rudd was sworn in as Australian prime minister for the second time on Thursday, a day after toppling Julia Gillard and three months out from scheduled elections.
Pessimists fear that Abe could weaken a commitment to economic reforms if his ruling party gets a decisive win in next month's upper house elections.
For Peter Schiff, the Japanese Nikkei is like tech stocks in the nineties—but worse.
The U.S. businessman who says he's being held hostage by his employees in China over a pay dispute told CNBC he hopes "pretty good negotiations" will bring his captivity to an end.
The United States remains the largest player in global defense, but that dominance is expected to wane over the next eight years, according to analysis by IHS Jane's Defence.
China's central bank says it is ready to help out local lenders suffering under tight credit conditions, but that doesn't mean the reprieve for banks will last long, analysts say.
The investment bank says the central bank's effort to alleviate the liquidity situation is unlikely to drive a turnaround in the slumping stock market.
China's central bank is right to tame high credit growth and not doing so would have long-term negative consequences, said an official at Moody's Investors Service.
A further spike in U.S. treasury yields and not China's financial instability could be the biggest risk to Asia, analysts say.
First, it was the Japanese who blew into the U.S. to buy famous pieces of landscape. Now another set of deep-pocketed foreign buyers is pushing ever deeper. The NYT reports.
Former director of the U.S. Central Intelligence Agency (CIA) has said the fallout from the Edward Snowden case could be extremely damaging to U.S.-China relations.
The buoyant currency has fallen to its lowest level in more than a month, finally succumbing to jitters about signs of weakness in the economy.
Tougher regulation mean banks in Singapore are struggling to replace the 100 traders who left the market during a rate-fixing probe.
The average wage slave in Shanghai may find it harder than ever to get a job or pay rent, but when it comes to cheap grub, the government is there for them. The FT reports.
Troubles in emerging markets could stretch to the luxury apartment markets in New York City and Miami. But only if you're a single-digit millionaire.
Get the best of CNBC in your inbox
For many foreign firms in China, the business environment isn't what it used to be. Apart from a slowing economy, there is also a perception that international companies are being targeted by the country's regulators.
One of Chinese President Xi's priorities has been to rebuild public trust in the Chinese government and the Communist Party by purging them of corrupt practices. Has he succeeded?
In this episode of "Inside China", CNBC's Eunice Yoon takes a look at the issues that will shape China in the coming year.