Cost conscious shoppers in Singapore, one of the world's most expensive cities, are increasingly shopping online to take advantage of lower prices.» Read More
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.
The yen fell to a two-year low on Thursday, continuing its rapid downtrend that started in the middle of last month. But analysts warn that the yen could end up firmer by the end of 2013 as the Federal Reserve will stay ahead of the Bank of Japan (BOJ) in monetary easing, which means the dollar will fall at a more rapid pace.
The Japanese currency's recent slide is just the beginning of a larger move, this pro says.
China may require Internet users to register with their real names when signing up to network providers.
New Japanese Prime Minister Shinzo Abe unveiled a cabinet stacked with close allies on Wednesday, kicking off a second administration committed to battling deflation and coping with the challenge of a rising China.
China faces rising risks in its banking sector and pressure on government revenue in 2013 while economic recovery could be hampered by weak external demand and domestic constraints, says Vice Finance Minister Li Yong.
Thai exports in November rose nearly 27 percent from a year earlier, as expected due to flooding in late 2011, and global demand remains soft, which means the country's policy rate is likely to stay low to help the export-driven economy.
Shares in Malaysian commodity firm Tradewinds (M) Bhd jumped to a five-month high on Wednesday following a 1.5 billion ringgit ($489.40 million) buyout offer by Malaysia's seventh richest man Syed Mokhtar Al-Bukhary.
Samsung Electronics said on Wednesday it had filed a complaint against Ericsson with the U.S. International Trade Commission, requesting a U.S. import ban and sales ban on some of the Swedish telecoms equipment maker's products.
Bank of Japan policymakers debated various options, such as an open-ended commitment to buy assets, as early as in November, minutes of the bank's rate review showed, a sign they were already leaning toward action back then on the worsening economic outlook.
Japan's Nikkei stock average could rally nearly 30 percent in 2013 due to an aggressive push to reflate the economy under the country's new premier, the chief executive of Daiwa Securities Group told Reuters.
South Korea's key consumer sentiment index held steady in December from November and stood below the neutral point for a fifth consecutive month, the central bank said on Wednesday, dashing hopes of a quick economic rebound.
Sony's business in China has "more or less" returned to levels seen before recent protests against Japan's actions over a group of disputed islands, the Japanese company's China chief, Nobuki Kurita, told reporters on Tuesday.
Toyota Motor expects its global production to hit 8.7 million vehicles in 2013, nearly the same as the 8.74 million vehicles it expects to have produced in 2012, the Japanese automaker said on Wednesday.
The negative sentiment that overshadowed China's banks earlier this year is fading and the sector is poised for strong gains in 2013, while brighter economic prospects should fuel a rally in Japanese bank shares.
Incoming Japanese Prime Minister Shinzo Abe reiterated calls for the Bank of Japan to conduct bold monetary easing to beat deflation by setting an inflation target of 2 percent.
China plans to change the law to crackdown on "malicious" trademark registrations, state media said on Monday, after a series of cases in which well-know international brands and individuals have had their names or copyright misused.
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