The majority investor in Malaysia Airlines said on Friday it planned to cut its workforce by 30 percent, or 6,000 workers, in an effort to make the group profitable by 2017.» Read More
Standard Chartered expects to pay $330 million to settle a case with U.S. regulators, further denting profit growth this year.
China's new leaders do not officially assume their new posts until next March, but they're already on Forbes' Most Powerful People list. This may signal the growing clout of Asia's political figures in global affairs.
From the collapse of a global power to a surge in a stock price, several boom to bust observations have been made this year. Here is our list of eight.
As the prospect of the U.S. economy falling off a "fiscal cliff" looms large, keeping stock markets on edge, one technical analyst says falling off the "cliff" is likely to end up being a non-event for equities.
HSBC Holdings might pay a fine of $1.8 billion as part of a settlement with U.S. law-enforcement agencies over money-laundering lapses.
Australian employment rose 13,900 to beat expectations for a second month in November while the jobless rate surprised with a drop to 5.2 percent.
New Zealand's central bank held its key rate at a record low and indicated it would likely stay there into 2014 because of a strong dollar, and the prospect of inflation from a pick-up in earthquake rebuilding and more active housing market.
General Motor's new China chief insists that their partnership with SAIC Motor is fine and are growing closer as they look to use their business model in Southeast Asia to tap demand for no-frills cars.
Investors looking to buy corporate bonds must temper their expectations for 2013.
Foreign retail companies could soon be free to move onto Indian soil after parliament voted to allow foreign direct investment in a fiercely contested debate on Wednesday evening.
Wal-Mart entered India's supermarket sector in 2010 with a $100 million bet on a consultancy with no employees, no profits, and a scant $14,000 in revenue.
Chinese stocks, which have had a forgettable year so far, climbed 3 percent on Wednesday, after the country's new leadership promised further reforms. But is the rally that has fizzled out many times in the past here to stay?
The start of the downturn dates from the summer of 2007. To still not have resumed meaningful growth six years later suggests we need to take more radical measures.
India is slated to become the world's second-most competitive destination for manufacturing operations, after China.
Can eating too much sushi reduce your brain power? The GlobalPost reports.
The United States may have the world's largest economy, but it does not even crack the top ten percent when it comes to a perceived lack of corruption, according to Transparency International.
A group linked to Thailand's richest man, Dhanin Chearavanont, has bought global bank HSBC's entire stake in China's Ping An Insurance for $9.38 billion.
China's economic growth may quicken to 8.2 percent in 2013 from an expected 7.7 percent this year in response to official growth-promoting polices, but downside risk remains from global uncertainties, a top Chinese think-tank said on Wednesday.
Zhengzhou Coal Mining shares tumble in its Hong Kong debut, negatively affecting the underwriters of the $300 million offering, underscoring reduced appetite for new IPOs.
Growth in China's services sector slowed in November as lackluster growth in new orders and a surge of work backlogs.
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Alvin Liew, Senior Economist at UOB, discusses his expectations for the euro zone inflation data due late Friday and how that will affect the European Central Bank's easing timeline.
Mohshin Aziz, Aviation Analyst at Maybank Investment Bank, hopes that Malaysia Airlines can provide details on its staff and capacity reduction at the announcement of restructuring plans late Friday.
Scott Phillips, Advisor at The Motley Fool Australia, says Virgin Australia's anaemic growth in full-year revenue is expected amid a tough aviation industry.