Shinzo Abe has to strike a balance as Japan plans to spend $30B on a stimulus package to revive the economy while keeping bond issuance in check.» Read More
Singapore's economy grew by 1.2 percent in 2012, Prime Minister Lee Hsien Loong said on Monday, indicating the city-state slipped into a recession in the last three months of the year.
North Korean leader Kim Jong-un called for an end to confrontation between the two Koreas, technically still at war in the absence of a peace treaty to end their 1950-53 conflict, in a surprise New Year's broadcast on state media.
The U.S. has given national security clearance to the purchase of an American DNA sequencing company by a Chinese firm, The New York Times reports.
China will stick to a prudent monetary policy next year and keep consumer prices stable, its outgoing central bank governor, Zhou Xiaochuan, said on Monday.
One of hundreds of attacks reported in New Delhi each year, the brutal gang rape and murder of a young medical student in a private bus this month caught authorities and political parties flat-footed, slow to appreciate it had become symbolic of all the others.
A prominent group of Chinese academics has warned in a bold open letter that the country risks "violent revolution" if the government does not respond to public pressure and allow long-stalled political reforms.
Activity in China's vast manufacturing sector hit its fastest pace in December since May 2011, a survey of private factory managers showed, with a sub-index for new orders pointing to continued strength in the new year.
China should cut banks' reserve requirement ratios (RRR) in 2013 to support economic growth while widening the yuan's floating range to make it more flexible, the head of the cabinet's think-tank said in comments published on Monday.
Asian stocks have made hefty gains this year despite global economic uncertainty, but in the weeks ahead, analysts warn against a possible pull-back in equities if the U.S. is unable to avert the "fiscal cliff" – a series of tax hikes and spending cuts that could tip the world's largest economy into recession.
China's 2012 box office was dominated by foreign films for the first time in four years as a deal cemented earlier this year saw more Hollywood film screened on the mainland, squeezing out domestic competition.
South Korean inflation eased in December further below the central bank's target, data showed on Monday, reflecting weak demand and giving the Bank of Korea room for more interest rate cuts to spur growth.
The Warren Buffetts of the East failed to live up their reputations in 2012, when big-name investment gurus made the wrong calls on China while markets in India and Southeast Asia raced ahead to rank among the top performers globally.
Yale University plans to open in Singapore, but critics feel it is impossible to build an elite college dedicated to free inquiry in a nation with heavy restrictions on public speech and assembly.
China unveiled tighter Internet controls on Friday, legalizing the deletion of posts or pages which are deemed to contain "illegal" information.
Chinese stocks have gained more than 11 percent in December after languishing in negative territory for most of 2012, prompting analysts to say 2013 could finally be the year for Chinese stocks to break out of the doldrums.
Poor Japanese manufacturing data on Friday gave new Prime Minister Shinzo Abe more ammunition to push for big spending and easy money to salvage the world's third largest economy from decades of deflation and its fourth recession since 2000.
Bharti Infratel, backed by billionaire Sunil Mittal, fell as much as 12.7 percent in its trading debut after raising about $760 million in India's biggest IPO in two years, weighed down by a cautious outlook for mobile tower operators.
The Philippines is finally picking up economic momentum, but this rapid growth has passed over the vast majority of the poor.
Olam International, which has been battling short-seller Muddy Waters, said on Friday that Singapore state investor Temasek Holdings had raised its stake in the commodities firm to 19 percent from 18 percent.
The Year of the Dragon was supposed to be particularly lucky and momentous, charged with auspicious signs of change. While the Chinese government may dispute that this year has been full of good luck, for China watchers, 2012 has certainly delivered. The GlobalPost reports.
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