The losing candidate in Indonesia's presidential election, ex-general Prabowo Subianto, will challenge the result in the Constitutional Court.» Read More
The Great Depression in 1929, the Pearl Harbor attack in 1941 and the dot-com bubble bursting in 2001 – all these events happened during the year of the snake. So, should we be worried about what 2013 - the latest Chinese Year of the Black Water Snake – has in store for us? The annual Feng Shui Index brought out by Asian brokerage CLSA gives some clues.
As investors push equities and other risk assets to multi-year highs, one question being raised by analysts is whether or not upbeat markets are becoming too complacent.
India's central bank could limit gold imports by banks in "extreme circumstances," it said on Wednesday, as it put forward measures to help the world's biggest consumer of gold rein in purchases and battle a record-high current account deficit.
Japan's core machinery orders surged unexpectedly in December, up for a third straight month and firms expect more improvement in the first quarter, taking heart from recent yen weakness on the back of Japan's aggressive monetary easing stance.
Indonesia's economic boom should be a bonanza for airlines clamoring for a slice of the world's fourth-most populous country. But the bankruptcy of its No. 4 airline, Batavia Air, shows how smaller operators are finding it hard to survive.
Singapore is working with European authorities investigating the fixing of soccer matches on a global scale but its silence on any action being taken against local suspects risks damaging the reputation of the wealthy, tightly regulated Asian country.
Chinese property companies are rushing to the dollar bond market, almost matching last year's sales in the first month of 2013 alone, in a frenzy that could inflate the sector's gearing and the broader risk of a housing price bubble.
Pineapple tarts, red paper lanterns and delicacies such as abalone – just some examples of the traditional goods that China's shoppers snap up ahead of the Chinese New Year.
Macau gambling stocks such as Sands China and Galaxy Entertainment Group fell on Wednesday after a media report said Beijing may crack down on junket operators that bring in Chinese VIP high-rollers, arrange credit and collect debts.
Australian retail sales fell for a third straight month in December, an extremely rare run of weakness that strengthened the case for further cut in interest rates and knocked the local dollar lower.
North Korea stepped up its bellicose rhetoric on Tuesday, threatening to go beyond carrying out a promised third nuclear test in response to what it believes are "hostile" sanctions imposed after a December rocket launch.
All Nippon AIrways on Wednesday canceled all remaining Boeing 787 flights until the end of February.
One thing is already clear about Australia's unprecedented eight-month election campaign: it won't be a popularity contest. Prime Minister Julia Gillard, regularly described on talkback radio and in conservative media as untrustworthy and desperately clinging to power, is set to be trounced in the September election if opinion polls are to be believed.
DBS Group Holdings, Southeast Asia's biggest lender, posted an 11 percent rise in core fourth-quarter net profit on Wednesday after a drop in bad debt charges but missed expectations due to weak margins.
A Chinese navy vessel aimed a type of radar normally used to aim weapons at a target at a Japanese navy ship in the East China Sea, prompting Japan to protest, Japan's defense minister said on Tuesday, an action that could complicate efforts to cool tension in a territorial row between the rivals.
China unveiled sweeping tax reforms on Tuesday to make wealthy state-owned firms, property speculators and the rich pay more to narrow a yawning gap between an urban elite and hundreds of millions of rural poor.
Jim O'Neill, the chairman of Goldman Sachs Group's asset management division who coined the popular term "BRIC" to refer to four fast-growing emerging markets, will retire later this year, according to an internal memo.
KFC parent Yum Brands on Tuesday said time, not ad spending, is the cure for a steep sales decline in China that was sparked by a food safety scare.
Indonesia reported marginally lower-than-expected economic growth of 6.23 percent in 2012, a year in which robust domestic demand and investment outweighed declining exports and a trade deficit that put pressure on the country's currency.
Toyota Motor raised its annual net profit forecast by more than 10 percent to 860 billion yen ($9.3 billion) on strong sales of the Camry sedan and other vehicles in its biggest market the United States, as well as the yen's drop.
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Sofjan Wanandi, Chairman of Indonesian Employers Association (APINDO), says Prabowo is talking about mounting a legal challenge because he knows he is losing the presidential elections.
Geoff Kendrick, Head Asia FX and Rates Strategy at Morgan Stanley, expects the rupiah to hit 11,000 against the U.S. dollar in the near term.
News that a Chinese firm Huatong Road & Bridge may be at risk of a bond default have set alarm bells ringing among investors in the mainland. CNBC's Samantha Loring reports.