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
Chinese display-advertising provider Focus Media said on Wednesday it had agreed to be acquired by a consortium of private equity funds led by Carlyle Group for about $3.7 billion.
Chinese workers are enjoying better pay and are changing jobs more often, an international human resources consultancy says.
Australia's competition watchdog gave conditional approval to an alliance between struggling national flag carrier Qantas Airways and Dubai's Emirates, but approved it for only five years, not 10 as had been sought.
The Bank of Japan is expected to deliver its third dose of monetary stimulus in four months on Thursday in a prelude to more aggressive action next year, as it faces intensifying pressure from the country's next leader for stronger efforts to beat deflation.
The daughter of a former military ruler took a commanding lead in South Korea's presidential election on Wednesday, putting her on track to become the country's first woman head of state.
Japan's exports fell for a sixth straight month in November from a year earlier, adding yet more pressure on the Bank of Japan to vigorously expand monetary stimulus.
The dozens of vehicles that roared into northeast India this week on a rally from Indonesia symbolize deeper ties between the South Asian giant and Southeast Asia, but the dreadful roads along several parts of the 8,000 km journey also show how much remains to be done.
With gold prices being hammered in recent weeks, and trading near four-month lows on Wednesday, longtime gold bull Jim Rogers is sounding a word of caution, saying it's possible the correction in bullion may continue into the new year.
The Japanese yen has fallen about 6 percent over the past one month, and is expected to weaken further. As the weaker currency increases the Japanese economy's competitiveness, it's also likely to boost sentiment for Asian equities, said analysts.
Private home prices in this Southeast Asian financial hub have risen a whopping 56 percent since the global financial crisis, and most analysts expect this upward trajectory to continue into the new year, even as the market faces a drop in sales volumes amid a somber growth outlook. So what will it take for Singapore property prices to fall?
Business sentiment among Asia's top companies improved slightly in the fourth quarter, reversing two consecutive quarters of declines, while global economic uncertainty remained the biggest concern for the region's firms, a Thomson Reuters/INSEAD survey showed.
The World Bank raised its 2013 economic growth forecasts for China and developing East Asia on Wednesday, and said the region remained resilient despite the lackluster performance of the global economy.
Fast food giant KFC's Chinese subsidiary pledged on Tuesday to work with authorities in investigating claims by state television that its chicken suppliers had injected anti-viral drugs and growth hormones in its poultry.
Shares of Esprit Holdings fell nearly 7 percent to a one-month low on Wednesday after the Europe-focused retailer warned of a possible loss for the six months ending in December, triggering a raft of broker downgrades.
If the outcome of Sunday's election in Japan was a disaster for the outgoing Democratic Party of Japan, it didn't offer much comfort, either, to leaders in China and South Korea. At a time of heightened regional tension, they are preparing for the arrival of a conservative administration in Tokyo.
The gathering had the air of a post-mortem. About 100 executives and government officials listened quietly as Guillermo Luz poked holes in the Philippines' fairytale economic revival.
South Koreans assumed that Lee Kun-hee was the equivalent of royalty, an untouchable oligarch at the helm of one of the world's largest companies, the Samsung Group.
Asia's wealthiest investors may lose some of their appetite for corporate bonds after getting burned in recent deals, analysts and bankers say, sowing caution in a market where issuance hit a record this year and hiking funding costs for riskier borrowers.
The Indian parliament cleared a path for more foreign investment in the banking sector by approving a bill to increase shareholders' voting rights.
Australian surf wear company Billabong International said on Wednesday it has received a $556 million takeover bid for the company, the latest development in a tumultuous year in which three previous takeover offers failed.
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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.