The Japanese spent more than they saved in the 12 months ended March 2014, the first time that's happened since the data set began in 1955.» Read More
Jim O'Neill, the chairman of Goldman Sachs Group's asset management division who coined the popular term "BRIC" to refer to four fast-growing emerging markets, will retire later this year, according to an internal memo.
KFC parent Yum Brands on Tuesday said time, not ad spending, is the cure for a steep sales decline in China that was sparked by a food safety scare.
Indonesia reported marginally lower-than-expected economic growth of 6.23 percent in 2012, a year in which robust domestic demand and investment outweighed declining exports and a trade deficit that put pressure on the country's currency.
Toyota Motor raised its annual net profit forecast by more than 10 percent to 860 billion yen ($9.3 billion) on strong sales of the Camry sedan and other vehicles in its biggest market the United States, as well as the yen's drop.
Expectations of an end to ultra-easy U.S. monetary policy are likely to set in during the second-half of 2013, triggering a bull run in the dollar, says independent economist Andy Xie. And this, he argues, could lead to a “crisis” in emerging markets as hot money inflows unwind.
Activity in India's service sector expanded at the fastest pace in a year last month, driven by rising foreign orders, but businesses were a little less optimistic about the future, a survey showed on Tuesday.
Benchmark oil prices are poised to make fresh multi-month highs this week amid improved economic data in the U.S. and China, according to CNBC's latest survey of market sentiment. However, a minority of the trade are questioning the rally, arguing the move higher is overdone and Monday's pullback in prices may deepen.
Australia's central bank held its main cash rate at a record low of 3.0 percent on Tuesday, as expected, but left the door wide open for further easing if necessary to support the economy.
Videos are the way forward as China's younger generation "gives up" on TV, the CEO of Sohu.com, which runs one of the country's most popular online video site, told CNBC on Tuesday.
China's four largest banks extended 370 billion yuan ($59.4 billion) of new loans in January, up from 320 billion yuan in the same period last year, the official China Securities Journal reported on Tuesday.
Baidu, China's largest search engine company, reported its slowest profit growth since 2009, as competition in the sector heats up and more users switch to mobile search.
Japan's Hitachi cut its full-year profit outlook by about 13 percent on Monday to 420 billion yen ($4.5 billion), citing a weak economic recovery in Europe and a slowdown in emerging markets.
Chinese entrepreneur went around government suspension on IPO by offering his shares through a shopping website and pulled in a total of 1.2 million yuan ($192,700)
Almost none of Japan's neighbors think there is a fundamental case for a weaker dollar against the yen, this expert says.
Criminal organizations have infiltrated the highest levels of soccer, threatening the integrity of the sport, law enforcement officials said Monday.
Australia's central bank, which holds its first policy meeting of the year on Tuesday, could use the opportunity to deliver a surprise interest-rate cut to underpin the economy and dent the appeal of the robust Aussie dollar, strategists told CNBC.
Australia's Aquila Resources has put its A$7.4 billion ($7.7 billion) West Pilbara iron ore project on ice at least through June due to funding difficulties, sending its shares down nearly 10 percent.
Shares of Malaysia's MISC rose as much as 17 percent after the shipping firm's major shareholder Petroliam Nasional made an 8.8 billion Malaysian ringgit ($2.8 billion) buyout offer, equal to 5.30 ringgit per share.
Shares of Panasonic jumped 14 percent in early trade on Monday, hitting a 7-month high after the consumer electronics maker rebounded to a quarterly profit and stuck with its full-year earnings forecast.
A long-simmering row over the islands, known as the Senkaku in Japan and the Diaoyu in China, has in recent months escalated to the point where both have scrambled fighter jets while patrol ships shadow each other in nearby seas.
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For many foreign firms in China, the business environment isn't what it used to be. Apart from a slowing economy, there is also a perception that international companies are being targeted by the country's regulators.
One of Chinese President Xi's priorities has been to rebuild public trust in the Chinese government and the Communist Party by purging them of corrupt practices. Has he succeeded?
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