China will continue leading a prudent monetary policy with focus on targeted easing measures, Premier Li Keqiang said, according to a central government website.» Read More
Two thirds of the 420,000 patrol cars in the United States are equipped with Panasonic's rugged Toughbook computers, and chief Kazuhiro Tsuga sees the niche product as a model for how the sprawling conglomerate can make money beyond a gadget mass market increasingly dominated by Samsung Electronics and Apple.
China's lowest temperatures in nearly three decades are wreaking havoc on shipping, air, and road transportation.
China Galaxy Securities has filed applications to regulators for a planned $1.5 billion initial public offering in Hong Kong and Shanghai, IFR reported on Friday.
Japan's Nikkei share average climbed to a 22-month high on its first trading day of 2013, as a deal in Washington to avert the "fiscal cliff" buoyed investor risk appetite and the weaker yen lifted exporters such as Toyota Motor Corp.
South Korean singer-actor Rain has been given a dressing down for going out with South Korea's sweetheart, Kim Tae-hee, while on compulsory military service - but without his army hat.
Independent ratings agency Egan-Jones, which slashed the U.S. sovereign credit rating twice last year, said it has no intention of further downgrading the country this year, praising efforts by U.S. lawmakers to avert the "fiscal cliff".
India's services sector grew at its strongest pace in three months during December, as company order books filled at the quickest rate since last February, a survey showed on Friday.
Samsung is expected to widen its lead over Apple in global smartphone sales, helped by a broad product lineup, a market researcher firm said Friday.
Automakers in China are bracing for another year of tepid single-digit growth in 2013, weighed down by sluggish demand for Japanese cars amid a diplomatic row between the two regional neighbors and government measures intended to restrict traffic in bigger cities.
The Fed minutes triggered a sell-off in equities as investors fretted over a possible end to historically low interest rates. The upside? Analysts say this reflects confidence in the U.S. economy.
Japan's new government confirmed its support for the emerging democracy in Myanmar on Thursday when Finance Minister Taro Aso visited the country to reaffirm Japan's intention to cancel debt and help develop a big industrial zone.
China's services sector saw its slowest rate of expansion in nearly a year and a half in December, a private sector survey showed on Friday, in another piece of evidence that a fourth-quarter economic growth revival will remain modest.
Foxconn is expanding in Brazil, where many plants make Apple products to avoid import taxes on goods sent from China, The FT reports.
Iron ore exports to China from Australia's Port Hedland, a bellwether for Chinese industrial activity, surged 25 percent in December from the previous month to a record level, shipping data showed.
Italian shoemaker Salvatore Ferragamo has raised its stake in distribution companies operating in China as part of a strategy to strengthen its position in Asia.
Starbucks said it will set up its first outlet in in Ho Chi Minh City early next month via a partnership with Hong Kong's Maxim's Group as the U.S. chain continues to expand in fast-growing Asian markets.
Indian tax authorities are investigating a possible financial scam after seizing $5 billion worth of bills of exchange issued by Barclays from the home of a trader, an official at the local tax department said on Thursday.
“Japan had disappointed so many times in the past when there were reasons to hope for a recovery,” writes Bill Witherell, chief global economist at Cumberland Advisors, in a recent commentary. But this year will be different, he says.
A "bull run" in Hong Kong's benchmark Hang Seng stock index, one of last year's best performing markets in Asia, should last well into 2013 thanks to a brighter economic outlook and a rebound in mainland shares, analysts say.
A resolution to the U.S. fiscal cliff crisis, messy and protracted as it was, provided an immediate boost for financial markets but longer term could spell trouble for some Asian assets that are coming off a stellar 2012.
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James McCormack, Global Head of Sovereign and Supranational Ratings at Fitch Ratings, says markets are still expecting the Fed to hike rates in the second or third quarter next year.
In this web-exclusive video for "Managing Asia", Richard Eu, CEO of Eu Yan Seng International, recommends some traditional Chinese herbs that fellow CEOs can take to stay healthy.
Adi Godrej, Chairman at Godrej Group, says business sentiment in India has seen a "dramatic improvement" after pro-business leader Narendra Modi was elected Prime Minister.