China's Xiaomi is raising over $1 billion from investors including Singapore's GIC that would value the smartphone maker at over $45 billion, sources said.» Read More
In a matter of moments, the Boston Marathon bombings inflicted as much as $333 million in damage to the local economy. Here's a breakdown.
WTI oil prices saw the largest one-day percentage slide since November, after the U.S. EIA reported crude oil supplies rose far more than expected last week.
The world's most optimistic consumers reside in this populous Asian country, according to a survey by Nielsen.
A general election in Malaysia this Sunday is shaping up to be the most hotly-contested poll ever to be held in Southeast Asia's third biggest economy. And the outcome could be much tighter than markets are anticipating, Malaysia watchers say.
London’s department store Selfridges said BlackBerry's new Q10 model is its “fastest-ever selling” technology product, but analysts remain unconvinced that this high demand will help the mobile maker remain relevant in a tough market.
China reported relatively benign manufacturing data on Wednesday, but analysts said the real story was the substantial fall in new factory orders, which they believe has the potential to trigger stimulus action from the government.
The European Union voiced strong concern over labor conditions in Bangladesh after a building collapse there killed hundreds of factory workers, and said it was considering action to encourage improvements.
Growth in China's manufacturing sector unexpectedly slowed in April as new export orders fell, raising fresh doubts about the strength of the economy after a disappointing first quarter.
Sharp, Japan's leading maker of liquid crystal displays posted a worse than forecast 500 billion yen ($5.1 billion) net loss as panel plants asset write offs crimped its bottom line.
With flagging sales in their mainland stores and increasingly price savvy consumers, luxury retailers are taking a lead from casinos' play books by offering junkets in their Hong Kong stores.
Apple's move to issue debt could be just the thing the battered company needs to rehabilitate its image with investors.
The founder of private equity group TPG Capital tells the Milken Institute Global Conference that Japan is one of the most challenged nations on earth.
The sight of a third-grader driving a $200,000 sports car in a country with crippling poverty has touched off a new round of controversy in the East over the new class of the super-rich, and the dangers of wealth gone wild.
SoftBank said there is no need to improve its $20.1 billion bid for 70 percent of U.S. wireless carrier Sprint Nextel, which has been challenged by Dish Network.
Pfizer reported quarterly earnings and revenue that missed analysts' expectations on Tuesday, citing the stronger dollar and the spin-off of its animal health unit Zoetis.
Three times a year, during Lunar New Year, this time of year, and the National Day holidays in October, a wide swath of the country essentially shuts down as people venture around the nation and beyond.
A slew of economic data out of Japan on Tuesday gives conflicting signals on whether Prime Minister Shinzo Abe's radical revival plan is working or not.
As Japanese corporate sentiment gets a boost from "Abenomics" the country's sluggish property market is showing signs of life, with office prices in Tokyo expected to surge 10 percent over the next 18 months.
Singapore's economy should see a modest rebound this year, although uncertainty regarding the outlook for global growth means the recovery could be choppy, the country's central bank said in a report published on Tuesday.
An intriguing academic study casts new light on the dark arts of leaking deals. The New York Times reports.
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Adrian Mowat, MD, Chief Asian & Emerging Market Equity Strategist at J.P. Morgan, explains why he is worried about South Korea's construction and automobile sectors.
Matthew Phan, Analyst, Asia-Pacific Banks at CreditSights, discusses the significance of news that Beijing has loosened market access restrictions for foreign lenders.
Jonathan Barratt, Chief Investment Officer at Ayers Alliance Securities, expects a risk premium to be built into fuel prices soon and explains why cheaper oil is a double-edged sword for consumers.