Japan Prime Minister Abe is set to launch a new government with a defense minister whose support for a stronger pre-emptive strike capability may rile China.» Read More
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.
Beijing will introduce tough new laws to punish firms that flout food safety laws, the official Xinhua news agency reported, a significant move in China's struggle to get its abysmal food safety record under control.
South Korean industrial output grew for a third consecutive month in November from October and at a much faster pace than expected, data showed on Friday, offering fresh evidence that Asia's fourth-largest economy is starting to pick up.
Toyota Motor eliminated a huge obstacle with a U.S. settlement over unintended acceleration in its cars and trucks, leaving it to fight smaller cases that will be harder for plaintiffs to prove and less likely to damage the company's growing sales.
Japan's Toshiba is in talks with three parties to sell a portion of its stake in its nuclear power unit Westinghouse, according to media reports.
Prime Minister Manmohan Singh struck a downbeat note on the challenges facing the Indian economy on Thursday, dubbing a five-year plan for average growth of 8 percent "ambitious."
South Korea warned on Thursday of only a modest recovery in the economy next year while its central bank promised to focus on supporting growth for the time being, both bolstering expectations for more fiscal and monetary stimulus.
China Construction Bank said on Thursday that it is investigating allegations by investors that a clerk at the country's second-biggest lender misled them into buying a wealth management product that underperformed.
One day last summer, Pu Xiaolan was halfway through a shift inspecting iPad cases when she received a beige wooden chair with white stripes and a high, sturdy back. The NYT reports.
They may not be sexy or exciting to drive, but a new study by Consumer Reports says hybrids offer the best value for those buying a new vehicle.
Want to travel across Myanmar, the poor, isolated nation that's becoming a tourism hot spot practically overnight? You're probably going to end up boarding an aging airplane regulated by a government with dubious credibility.
Annual growth of China's industrial profits quickened to 22.8 percent in November from October's 20.5 percent, official data showed on Thursday, reinforcing signs of a steady economic recovery thanks to pro-growth policies.
Toyota Motor plans to spend $1.1 billion to resolve sweeping U.S. class-action litigation over claims that millions of its vehicles accelerate unintentionally, as the Japanese automaker looks to turn the page on the biggest safety crisis in its history.
Economic data on Thursday revealed South Korea's economy may turning around. Manufacturing outlook rose to a six month high while combined November sales at South Korea's top department stores logged their fastest growth since December 2011.
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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.
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