An explosion caused by a gas leak killed 24 people and injured 271 in Taiwan's second city, sending flames shooting 15 stories into the air, setting entire blocks ablaze and reducing small shops to rubble.» Read More
A DNA investigation of bloodstained clothes and body swabs has linked all five men and a juvenile accused of the gang rape and murder of a woman in New Delhi to the crime, providing evidence the prosecution claims will be enough to convict them.
While the yen is trading at multi-year lows on high expectations for bold policy action from the BOJ, experts fear markets may be overestimating the central bank's next moves.
For those investing into Asia's hedge funds last year, smaller was better. The region's largest hedge funds - those managing more than $500 million - delivered weaker returns on average than nimbler, small to medium-sized funds, according to fund research and people with knowledge of the individual funds.
Myanmar is on the cusp of a mobile revolution. Only it's happening way too slowly for many locals.
Huawei Technologies, the world's No.2 telecom equipment maker and the sixth largest mobile phone vendor, posted a 33 percent rise in net profit in 2012, reversing a fall in 2011 thanks to new telecom projects and smartphone sales.
Japan's transport ministry is to investigate the company that makes batteries for Boeing's grounded 787 Dreamliner passenger jet. The probe will be run jointly with the U.S. Federal Aviation Administration (FAA), a ministry official said on Monday.
The Hong Kong-listed shares of ZTE Corp fell 5 percent early on Monday after China's second-largest telecom equipment maker issued a profit warning for 2012, but the stock quickly erased losses as investors bet on a strong outlook for 2013.
Thailand's third-richest man has raised his stake and takeover offer for Fraser and Neave to fend off a bid by a group led by Indonesian tycoon Stephen Riady as the battle for the Singapore property and drinks group draws towards a close.
Let's hear it for the boys. China's fashion-forward men are snapping up Gucci and Burberry bags, driving a rebound in the luxury market months after a slow down in spending by the world's biggest luxury goods buyers spooked global investors.
The Communist Party’s new leaders are being confronted by challenges from a constituency that has generally been the party’s most ardent supporter: the middle class and well-off. The New York Times reports.
Caterpillar uncovered "deliberate, multi-year, coordinated accounting misconduct" at a subsidiary of a Chinese company it acquired last summer, leading it to write off most of the value of the deal and wipe out half a quarter's profits.
Toyota Motor has settled a wrongful death lawsuit that was to go to court next month and serve as a test case for hundreds of others involving sudden acceleration.
While China's gross domestic product (GDP) growth accelerated by a faster-than-expected 7.9 percent in the fourth quarter, analysts are questioning the sustainability of this uptick in economic activity.
India's No.3 software services provider Wipro posted an 18 percent gain in quarterly profit, joining bigger rivals Tata Consultancy Services and Infosys in reporting better-than-expected earnings.
As Beijing eases control over its currency and opens up its financial markets to foreign investors, the yuan is gaining ground as a global currency and is headed for further gains.
Sony said it has agreed to sell its U.S.headquarters building in New York City for $1.1 billion to a consortium led by real estate developer The Chetrit Group.
Developed and emerging market equities were locked in a tight race in 2012, both generating double-digit returns of up to 15 percent, however, this year asset managers expect a clear winner.
China's economy grew 7.9 percent in the fourth quarter of last year from a year earlier, rebounding after seven straight quarters of slowdown, but an uncertain global outlook means Beijing may need to keep tweaking policy to support growth.
The Bank of Japan will next week mull scrapping its 0.1 percent floor on short-term interest rates and pledging to buy assets open-endedly until 2 percent inflation is foreseen, sources familiar with the central bank's thinking said.
Zong Fuli, the daughter of beverage magnate Zong Qinghou, complains men simply want her for her money.
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Deborah Elm, Executive Director at Asian Trade Centre, describes what's next on the global trade agenda after New Delhi refused to sign off on a trade-facilitation deal.
Erwin Sanft, Head of China & HK Equity Research at Standard Chartered, says credit supply data is crucial for Chinese equity markets. He expects a pick-up in money supply going forward.
Jesper Bargmann, Head of Trading Markets, Singapore at Nordea, says the participation rate in Friday's nonfarm payrolls report will be key.