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
India's car sales are likely to post their weakest growth in nine years this financial year, compounding the country's gloomy economic outlook, as the automotive industry battles with high interest rates and slowing economic expansion.
A $2.5 billion Macau casino planned by MGM China, the Chinese arm of U.S. gambling giant MGM Resorts International, received government approval on Wednesday, sending shares of MGM China to an 18-month high.
Members of a new class of affluent Asian-Americans, many of whom have benefited from booms in finance and technology, are making their mark on philanthropy in the United States. The New York Times reports.
Morgan Stanley echoed Goldman Sachs’s buy call on Chinese stocks on Tuesday, citing China’s improved growth outlook compared to other regions.
India's Tata Motors rose as much as 3.7 percent to a record high on Wednesday after Credit Suisse and CLSA upgraded their ratings on the stock, citing expectations for improving sales.
Apple's Chief Executive Tim Cook is meeting with partners and government officials in China on his second visit in less than a year.
Brighter U.S economic prospects, a 'fiscal cliff' deal and the idea that the end is in sight for a period of ultra-easy monetary policy have sent government bond yields racing higher at the start of the year. And this is only the start, analysts say.
Japan's Panasonic may see its headcount fall further and may sell non-core money-making business units to raise cash, president Kazuhiro Tsuga told reporters at the CES consumer electronics show in Las Vegas on Tuesday.
Australian retail sales were surprisingly soft in November as spending fell on clothes and household goods, a sign lower interest rates had yet to breathe life into the long-struggling bricks and mortar shopping sector.
Three of the men accused of raping and murdering an Indian student have asked lawyers to defend them and the lawyers have agreed to do so, even though most of the judiciary has refused to represent the suspects because of outrage over the attack.
Forget that millions of North Korean children are starving — it's Kim Jong Un's birthday. Candy for everyone! The Global Post reports.
Australian fire crews battled hundreds of wildfires, a searing heatwave and powerful, hot outback winds on Tuesday, but were hopeful they had dodged a potentially catastrophic fire day without loss of life or major damage.
KFC parent Yum Brands said it had stopped using chicken from suppliers in China that are now under a government investigation before the review was even announced, and analysts said they expect the company to recover from the business hit in its biggest market.
HSBC's sale of its $9.4 billion stake in Ping An Insurance to Thailand's CP Group has been thrown into jeopardy after state-run China Development Bank (CDB) voiced concerns over funding for the deal, sources told Reuters.
One day after a Dreamliner caught on fire, Boeing found itself facing another 787 with problems. This at a time when the aviation company said it has traced the source of the fire to a lithium ion battery.
The Bank of Japan will consider easing monetary policy again this month as it eyes doubling its inflation target, sources said.
Shares of the world’s largest smartphone maker Samsung Electronics are expected to surge 50 percent in 2013, on the back of a stellar performance last year.
Private equity firm Carlyle Group sold its remaining stake in China's No.3 insurer CPIC in a deal valued at $793 million, exiting the business with its largest dollar profit on an investment.
The decision to fly the victim of a gang rape that outraged India for treatment in Singapore made little medical sense as the woman was so severely injured that her death was all but inevitable, doctors say.
Looking for a McDonald's in Australia this month? You may bump into a "Macca's" instead. The international fast food giant will temporarily change signs to "Macca's," the affectionate Australian nickname for the chain, in celebration of Australia Day.
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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.