The music business has shifted toward downloads and streaming globally. But in Japan, the compact disc is still king. The New York Times reports.» Read More
Japan's core machinery orders rose for a second straight month in November in a sign that companies may gradually increase capital spending, but uncertainty over the global economy could continue to pressure the Bank of Japan to ease policy.
A frustratingly slow economic recovery in developed nations is holding back the global economy, the World Bank said on Tuesday, as it sharply cut its outlook for world growth in 2013.
When a high-profile, billion dollar deal for a stake in a Chinese insurer was inked in early December, officials at the country's biggest policy bank were asking one question seemly unrelated to the transaction: Who is Xiao Jianhua? Caixin reports.
India's passion for gold is putting such a strain on state finances that the government may slap higher import taxes on the precious metal, but demand buoyed by heady inflation and meager savings will blunt the impact of any rise in duties.
The last time he was prime minister of Japan, Shinzo Abe's inaugural foreign trip was to China. In the job again 7 years later and relations with Beijing now chilly, Abe is turning first this time to the rising economic stars of Southeast Asia.
With 800,000 visitors expected, companies will gauge whether their newest offerings satisfy consumer demands.
One of China's best known corporate leaders, Jack Ma, will step down as CEO of Alibaba Group, the e-commerce firm he founded in 1999 to tap the nation's enormous online shopping potential, saying younger people are better placed to run the company.
BOC Aviation, the aircraft leasing arm of Bank of China, has placed its largest ever order to buy 50 A320 family jets from Airbus at a list price of $5 billion.
India's largest software services exporter Tata Consultancy Services gained the most in more than eight months in Mumbai trading after posting better-than-expected earnings and prompting a raft of analyst upgrades.
A Chinese government crackdown on lavish spending by officials has pushed expensive liquor and high-end watches out of favor in the luxury gift-giving market, a survey from the Hurun Report, known for its annual China Rich List, showed on Tuesday.
Japan's transport minister acknowledged that passenger confidence in Boeing's new 787 Dreamliner jet is at stake,as both Japan and the United States have opened broad and open-ended investigations into the plane after a series of incidents that have raised safety concerns.
Political instability in emerging markets, led by China, will be one of the biggest risks for markets in 2013, Ian Bremmer, president of political risk firm Eurasia Group, said on Monday.
As Asian economies shift into recovery mode, inflation appears to be low on the priority list of central bankers, but HSBC's Asia economist warns against such complacency, as he expects a resurgence in price pressures this year, fueled by wage growth.
China's foreign direct investment inflows fell last year for the first time since the global financial crisis, slipping 4 percent as a troubled world economy curbed investor enthusiasm for deals in emerging markets.
The yen rebounded from a 2-1/2-year low on Tuesday after Japanese Economics Minister Akira Amari's remarks that excessive yen weakness could have a negative impact on the country sparked profit-taking in heavy bets against the Japanese currency.
Often called the "lucky country" because of its rich natural resources, Australia's growth has long been funded by the commodities boom but now, economists say, there are a few other bright spots that could pick up where mining left off.
Rio Tinto said on Tuesday its iron ore production beat its own guidance to hit 253 million tons in 2012, as the miner cashes in on resurgent Chinese demand that has driven up prices in recent months.
Conflict in the West African state of Mali -- the continent's third-largest gold producer -- poses "manageable" risks for miners active in the country's south as Al Qaeda-linked Islamist rebels remain confined to strongholds in the north while former colonial power France continues its offensive against militant bases.
Eager to tap China’s movie market, Hollywood studios try to win censors’ approval — taking on Chinese partners, tweaking story lines and, when filming in China, inviting bureaucrats to the set. The New York Times reports.
Forget a weakening economy and the prospect of further monetary easing. Here's what will keep the Aussie dollar robust in the months ahead - a rebound in commodity prices and even lower interest rates among the world's big economies.
Get the best of CNBC in your inbox
Martin Lakos, Division Director, Wealth Management at Macquarie and Patrick Bennett, FX Strategist at CIBC, debate whether the Fed will change its policy language at the upcoming meeting.
Geoff McGrath, Vice President at McLaren Applied Technologies, explains how technology in the Formula One race can be applied to other industries.
Christoph Rubeli, Co-CEO of Partners Group, says the healthcare, education and e-commerce sectors in India offer long-term opportunities.