The Reserve Bank of Australia on Tuesday held back on further monetary easing, surprising most market watchers who were expecting a second rate cut in as many months.» Read More
The hot money flooding out of the west in search of higher returns in growing markets has stoked fears about the biggest credit boom in Asia. The Financial Times reports.
Hacking in China thrives across official, corporate and criminal worlds and is openly discussed and promoted, whether for breaking into private networks, tracking dissent or stealing trade secrets. The New York Times reports.
China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary survey of purchasing managers showed, adding to concerns that a recovery in the world's second-largest economy is sputtering.
Ford said on Thursday it is closing its two Australian auto plants and will cease production in the country in 2016.
Japanese investors sold 804.4 billion yen ($7.8 billion) worth of foreign bonds last week after three straight weeks of net buying, as they took advantage of the soft yen.
Singapore on Thursday reported a surprise expansion in its economy in the first quarter, helped by a surge in financial services as trading in stocks and foreign exchange soared.
More women in the U.S. would rather give up sex than their mobile device for a week, according to a recent survey.
Survey after survey shows that the wealthy are back to pre-crisis boom years when it comes to their outlook for their own finances, their investments and their retirements. But many of them are still sitting on lots of cash.
Microsoft unveiled its long-anticipated next generation console Xbox One on Tuesday, but it was its inclusion of live TV, rather than its gaming capabilities that set tongues wagging.
The Bank of Japan ended a two-day meeting on Wednesday with a decision to leave monetary policy unchanged and a promise to monitor volatile bond markets.
Even as Apple faced a grilling from lawmakers over its tax avoidance schemes, two more companies revealed they would move jurisdictions to lighten their tax burden.
There may be fewer China bulls around these days, but Deutsche Bank remains optimistic about the outlook for the economy, forecasting growth will peak at 9 percent around mid-2014.
The Bank of Japan's plan to double the country's money supply over the next two years has put the spotlight back on the global carry trade. We've identified some of the biggest carry trades based on either the interest rate differential or their popularity.
Sony cut its sales targets for digital cameras, smartphones, and tablets, but said there were "encouraging" signs of a revival in its electronics business.
On top of a slowdown in Australia's lucrative mining sector, consumer sentiment in the country appears to have deteriorated sharply, posing a challenge to the central bank.
The recent weakness in the Japanese yen is not coming in the way of the country's luxury carmaker Lexus International's plans to invest overseas, said a senior company executive.
Despite all the negative headlines, Chinese investment in the US hit an all-time record in 2012: $6.5 billion. It will likely surpass that level in 2013.
A measure of Australian consumer confidence fell sharply in May as households reacted negatively to the government's budget announcement, even after a cut in interest rates to a record low.
The Bank of Japan on Wednesday decided to keep monetary policy on hold, but one board member tried unsuccessfully to loosen the central bank's commitment to achieving its 2 percent inflation target within two years.
North America's largest chocolate manufacturer Hershey's is veering away from tradition to bite into the world's fastest growing candy market with the launch of a new milk candy made especially for China.
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The Reserve Bank of Australia indicates that it could put rates on hold for the time being and will only opt for further rate cuts, if necessary, says Sean Callow, senior currency strategist at Westpac.
Simon Grose-Hodge, head of Investment Advisory, South Asia at LGT Bank Singapore, says a diversification into non-IT plays makes for a stronger Nasdaq Composite.
Chris Lane, senior research analyst at Bernstein Research, explains why China Unicom could see a "sharp slowdown in" its mobile service revenue in the final quarter of 2014.