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
Aninda Mitra, Head of Southeast Asia Economics at ANZ highlights the strengths of the Southeast Asian markets. He thinks near term risks to the region's currencies will come from financial volatility in global capital flows.
Tuesday's trading in the Chinese market may be affected by the July HSBC flash PMI data, the earliest monthly indicator of China's industrial activity, due out at 10:30 Beijing time, and growing worries about the euro zone.
The U.S. will make little progress tackling high unemployment before 2014 unless the Federal Reserve eases policy further, one of the central bank’s leading officials has warned in the run-up to a meeting next week where the option of “QE3” will be on the table. The FT reports.
Jimmy Koh, Head of Research and Investor Relations, UOB says that investors are looking for safe havens despite low returns.
A slowdown in the broader Chinese economy hasn’t had an impact on the advertising market, WPP Group CEO Sir Martin Sorrell, told CNBC’s “Squawk Box” on Friday.
Sales of new models costing more than $75,000 have slowed down.
Singapore's residential market has rebounded by almost 50% in the last two years, but it could be headed for a perfect storm in a couple of years if all the ingredients like falling demand, more supply and higher interest rates kick in together.
The Chinese market has gained for three consecutive sessions, despite the fact that the benchmark index is still trading near six-month lows.
There are plenty of investors and analysts who are optimistic. After three straight months of outflows, emerging market equity funds tracked by EPFR Global attracted more than $700m of investments in the first two weeks of July, reports the Financail Times.
A.S. Thiyaga Rajan, MD at Aquarius Investment Advisors says that India could grow at about 8% if it boosts infrastructure investment.
Alex Feldman, President at the US-ASEAN Business Council says that there are a lot of opportunities in Myanmar but it's going to take a while before big U.S. firms make major investments there.
Mansoor Mohi-uddin, Chief Currency Strategist, UBS Investment Bank says the bank is sticking to its forecast of 1.15 for the euro.
CNBC presents a list of 10 foreign-owned brands, businesses and landmarks that are perceived by the public to be as American as it gets.
In a testament to its power as symbol of status and wealth, the high-end handbag gets its own museum in a bag-shaped temple in Seoul.
Lack of clarity on future policy may keep the Chinese market trading in a narrow range on Thursday.
Soldiers danced in Pyongyang's plazas as North Korea announced Wednesday that leader Kim Jong Un was named marshal, a title cementing his status atop the authoritarian nation's military as he makes key changes to the 1.2 million-man force.
The U.S. Federal Reserve could ease monetary policy when policymakers meet in August or September, although a large move is more likely to come only after the elections later in the year, Goldman Sachs said in a report.
Chatib Basri, Chairman of the Indonesia Investment Coordinating Board says the country needs to move away from its dependence on cheap labor and natural resources, and towards a productivity-driven economy.
China's central bank reserves are barely growing, and that is bad news for the euro.
Investors may stay sidelined as the cabinet meeting on second half economic policies is expected to be held Wednesday.
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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.