The bloodbath in Chinese stocks extended into Friday amid reports the securities regulator has launched a market manipulation probe.» Read More
Private banks in the Asian financial hub, Singapore, are the next target of tighter regulations after the crackdown in the U.S. and Europe on tax cheats.
Bain & Co. predicts that growth in luxury sales will be up to 50 percent slower this year than last. The main reason: Chinese are breaking away from their gift-giving culture and trying not to be ostentatious.
Cyberattacks will no doubt be a major topic when President Barack Obama meets Friday with China President Xi Jinping. Both sides call foul, and in a sense they are both right.
Amid growing domestic tensions and internal imbalances, China's new leaders are working to wean its economy off decades of state investment.
The 1967 "summer of love" may have initiated a major political and cultural shift, but 2013 looks set to produce a sizeable change in investors' blood pressure.
China launched an anti-dumping and anti-subsidy probe in European wine on Wednesday in response to the European Union's decision to impose duties on imports of Chinese solar panels.
While the stock market and the yen might have given the initial thumbs up to Prime Minister Shinzo Abe's radical policies for change, consumers are still greeting it with skepticism.
In a country where products like iPhones are made but rarely invented, Lei Jun - entrepreneur and billionaire - is positioning himself and his company as figurative heirs of Mr. Jobs. The New York Times reports.
Plans ranging from setting up special economic zones and raising incomes by 3 percent annually, weren't enough to excite equity investors.
Prime Minister Shinzo Abe has unveiled a long-term plan to revive the economy and economists say execution is now key.
In an ongoing battle between the world's two leading tech giants, Samsung won a round against Apple when a U.S. trade agency ruled that the Silicon Valley bigwig had infringed on a patent owned by the Korean company.
Japan risks facing stagflation, or what UBS describes as an "Abegeddon" scenario, if the government fails to restore momentum in the world's third largest economy.
Activity in China's services sector expanded modestly in May but the pace of growth was little changed from April, adding to worries about slowing momentum in the world's No.2 economy.
Just as the currency attempted to make a concerted rebound against the U.S. dollar this week, the prospect of further monetary easing in Australia has provided traders with another reason to dump the Aussie.
The European Union is to impose duties on imports of Chinese solar panels from Thursday, but announced a dramatically reduced initial rate after pressure from some large member states.
A local Communist Party official called it an "inspiring" factory three years ago. But now it is serves as a stark reminder of where at least 120 people died this week in a fast-moving fire. The New York Times reports.
Apple is "disappointed" with U.S. trade panel's ruling it infringed a Samsung patent.
The end of the emerging market bull run is upon us, Societe Generale boldly stated last week. Several other analysts have now turned bearish, forecasting worsening currency and bond outflows.
China's Lenovo is in detailed discussions on a smartphone venture with NEC Corp, as it eyes partnerships and acquisitions to expand in high-growth markets.
South Korean stocks have been one of the major laggards in Asia this year, while its peers like Japan's Nikkei have surged over 26 percent.
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Ian Bright, senior economist at ING, discusses the findings of ING's latest survey which revealed that the sharing economy is poised for rapid growth in Europe.
Richard Champion, deputy CIO at Canaccord Genuity Wealth Management, says Greece will see further instability in the short to medium term if the "Yes" camp wins Sunday's referendum.
Manpreet Gill, senior investment strategist at Standard Chartered, says a "No" vote in Sunday's referendum will give Prime Minister Alexis Tsipras more bargaining power, but it doesn't necessarily means a "Grexit."