Clever marketing has helped Micromax dethrone Samsung as the number one smartphone vendor in India, the company's chairman told CNBC.» Read More
If we accept that the renmimbi is on its way, banks should set up an ability to trade and settle the currency itself, as well as handle bonds and equity denominated in it, writes Moorad Choudhry.
It's been a long seven-year itch, but Hong Kong Disneyland is finally making some money. The park made $14 million in the last financial year, while this is only about a 2.5 percent return on revenues of $550 million, it's still a profit.
The robust Australian dollar could actually get a whole lot stronger over the next two years, rising to as high as $1.30, but this is subject to strong gains in Asian equity markets.
The long awaited recovery in Chinese stocks is here to stay, with the Shanghai Composite Index building on the surge seen late last year. Now analysts are expecting it to rally up to 30 percent in 2013.
There is some "light at the end of the tunnel" for Australian food manufacturers that have suffered under the weight of a strong Australian dollar.
Shares of SCMP Group, the publisher of the South China Morning Post, fell as much as 10 percent in resumed trade on Tuesday after it said it was in talks about the possible acquisition of a group of media companies.
Japanese Prime Minister Shinzo Abe is out to prove that the man who threw in the towel after barely a year in office has what it takes to survive as a long-term leader.
Put next to NASDAQ and S&P rallies, U.S. Crude oil's performance looks a little ordinary.
Australia's central bank saw scope to cut interest rates further if needed, but felt it prudent to hold steady at its February meeting given parts of the economy were already responding.
A record number of visitors helped Hong Kong's Disneyland to finally turn a profit for the first time. The Global Post reports.
Chinese telecommunications company Huawei said on Monday it had not worked with an institute in Singapore on any projects in the specialist field of an American engineer who died mysteriously last year.
In the last month or so, in an effort to stimulate growth, central bankers have begun a new round of creative experiments. This should lead to more market volatility and unexpected investment opportunities, particularly in currencies.
The Singapore dollar slid on Monday after worse-than-expected export data, though it later recouped some of its early losses as it neared a key chart support level.
As the Nikkei 225 scales a 33-month high, investors risk getting burnt as analysts warn of a correction.
Gold bounced back from a drubbing that sent the precious metal to a six-month low late last week, however, analysts say further upside is dependent on whether gold can hold on to a key support level over the next few days.
British Prime Minister David Cameron arrives in India on Monday to try to win new investment in the face of fierce global competition.
Ong Hui Juan spent nearly four years working in a bank, but decided to leave last year to pursue her passion of working with youth - an unusual and surprising decision in achievement-oriented Singapore.
Despite easing inflation and expectations of further interest rate cuts, India's central bank governor is striking a hawkish note, saying that the room for monetary easing is limited.
Former top financial bureaucrat Toshiro Muto is the leading candidate to become Japan's next central bank governor with Prime Minister Shinzo Abe to pick a nominee as early as this week.
The head of the International Monetary Fund (IMF) Christine Lagarde strongly dismissed concerns over a so-called currency war on the sidelines of the Group of 20 nations (G-20) meeting of finance ministers and central bankers in Moscow.
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Craig James, chief economist at Comm Sec, says strong growth in Australia's housing sector may be able to offset weakness in the mining industry.
While the outlook for Wall Street remains optimistic, more U.S. investors are playing a "central bank trade" by moving into markets like Japan, says Tim Edwards, director of Index Investment Strategy at S&P Dow Jones Indices.
Nitin Jain, CEO, Retail Capital Markets, Edelweiss, says the fact that the interest rate cut came so soon after the announcement of India's budget caught stock markets by surprise.