Qantas Airways will raise base ticket prices to offset drop of fuel surcharges, a move against calls for the airline industry to lower fares.» Read More
Decadence doesn't come cheap. And for whatever the reason, these liquors command prices you wouldn't believe.
India's growth estimates for the current fiscal year came as a shock to many who were hoping for a turnaround in Asia's third largest economy, with one expert calling the likely 5 percent annual expansion a "horror show".
China's central bank says the country needs to pay more attention to consumer prices. That's reason enough to see why inflation numbers are likely to be the highlight of Friday's data releases from the world's second biggest economy.
The Great Depression in 1929, the Pearl Harbor attack in 1941 and the dot-com bubble bursting in 2001 – all these events happened during the year of the snake. So, should we be worried about what 2013 - the latest Chinese Year of the Black Water Snake – has in store for us? The annual Feng Shui Index brought out by Asian brokerage CLSA gives some clues.
As investors push equities and other risk assets to multi-year highs, one question being raised by analysts is whether or not upbeat markets are becoming too complacent.
India's central bank could limit gold imports by banks in "extreme circumstances," it said on Wednesday, as it put forward measures to help the world's biggest consumer of gold rein in purchases and battle a record-high current account deficit.
Japan's core machinery orders surged unexpectedly in December, up for a third straight month and firms expect more improvement in the first quarter, taking heart from recent yen weakness on the back of Japan's aggressive monetary easing stance.
Indonesia's economic boom should be a bonanza for airlines clamoring for a slice of the world's fourth-most populous country. But the bankruptcy of its No. 4 airline, Batavia Air, shows how smaller operators are finding it hard to survive.
Singapore is working with European authorities investigating the fixing of soccer matches on a global scale but its silence on any action being taken against local suspects risks damaging the reputation of the wealthy, tightly regulated Asian country.
Chinese property companies are rushing to the dollar bond market, almost matching last year's sales in the first month of 2013 alone, in a frenzy that could inflate the sector's gearing and the broader risk of a housing price bubble.
Pineapple tarts, red paper lanterns and delicacies such as abalone – just some examples of the traditional goods that China's shoppers snap up ahead of the Chinese New Year.
Macau gambling stocks such as Sands China and Galaxy Entertainment Group fell on Wednesday after a media report said Beijing may crack down on junket operators that bring in Chinese VIP high-rollers, arrange credit and collect debts.
Australian retail sales fell for a third straight month in December, an extremely rare run of weakness that strengthened the case for further cut in interest rates and knocked the local dollar lower.
North Korea stepped up its bellicose rhetoric on Tuesday, threatening to go beyond carrying out a promised third nuclear test in response to what it believes are "hostile" sanctions imposed after a December rocket launch.
All Nippon AIrways on Wednesday canceled all remaining Boeing 787 flights until the end of February.
One thing is already clear about Australia's unprecedented eight-month election campaign: it won't be a popularity contest. Prime Minister Julia Gillard, regularly described on talkback radio and in conservative media as untrustworthy and desperately clinging to power, is set to be trounced in the September election if opinion polls are to be believed.
DBS Group Holdings, Southeast Asia's biggest lender, posted an 11 percent rise in core fourth-quarter net profit on Wednesday after a drop in bad debt charges but missed expectations due to weak margins.
A Chinese navy vessel aimed a type of radar normally used to aim weapons at a target at a Japanese navy ship in the East China Sea, prompting Japan to protest, Japan's defense minister said on Tuesday, an action that could complicate efforts to cool tension in a territorial row between the rivals.
China unveiled sweeping tax reforms on Tuesday to make wealthy state-owned firms, property speculators and the rich pay more to narrow a yawning gap between an urban elite and hundreds of millions of rural poor.
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.
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Jeremy O'Friel, Managing Director at Belmont Investments, says the new government in Greece is unlikely to do anything radical, but warns of risks from staying within the euro zone.
David Roth, CEO for EMEA and Asia at WPP's The Store, discusses the firm's survey which sees Tencent beating internet behemoth Alibaba to become the mainland's most valuable brand.
Andrew Abrahamian, Head of FX Strategy at Compass Global Markets, says the Fed will likely strike a positive tone at this week's policy meeting amid a strong U.S. economy.