The music business has shifted toward downloads and streaming globally. But in Japan, the compact disc is still king. The New York Times reports.» Read More
The worsening outlook for the BRIC nations – Brazil, Russia, India and China – has put into question whether these leading emerging economies can continue to power global growth.
David Knox, CEO and MD of Santos says despite slowing growth in Asia, energy prices in the region will remain robust.
There are a lot of people who are rethinking their optimism about auto sales this year.
As Asia cools and Europe’s middling wealthy hunker down, the super-rich are expected to be the prime movers in the market for luxury goods.
This time, India may not be available to help revive an ailing global economy: The rupee is down, investment is down; inflation is up and so are deficits.
China stocks may see volatile trading on Thursday, ahead of PMI data due out Friday.
Stimulus measures by Beijing will provide just a temporary fix for China’s slowing economy and could derail the country’s long-term economic rebalancing plans, say experts.
Can technology might reduce urban blight? Business and civic leaders in Detroit certainly hope so.
The massive commodities boom of the past decade is at its tail end given the slowdown in one of the largest consumers, China, says Ruchir Sharma, Head of Emerging Markets at Morgan Stanley Investment Management.
Richard Li has lodged an indicative bid for the south-east Asian businesses of ING’s $6bn Asian insurance operations, which the Dutch financial group is selling after taking government bailout cash during the financial crisis. The FT reports.
Whether it’s wealthy French or Americans fleeing the prospect of higher taxes or wealthy Russians and Chinese trying to escape political uncertainty, millionaires and billionaires around the world are migrating like never before, according to government statistics and relocation experts.
If Memorial Day weekend is any indication, automakers and dealers could be gearing up for their best Summer since 2008.
China stocks may face resistance at the 2,400 level on Wednesday.
The Indonesian Rupiah has been under pressure since the beginning of the year, falling close to 4 percent, as investors look to exit riskier assets.
JPMorgan Chase lost big because of outsize trades, but not before Boaz Weinstein, a hedge fund manager, seized a rich opportunity, winning in a high-risk game of nerves. The New York Times reports.
While the corruption case against the joint chairmen of Asia’s biggest developer Hong Kong’s Sun Hung Kai Properties will lead to share price volatility over the next 12 months, analysts say the company remains a buy based on its high-quality asset base and solid income stream.
Mark Roberts, MD, Global Head of Research, RREEF Real Estate says retail and industrial property in Asia present attractive investment opportunities.
Chandran Nair, Founder and CEO, Global Institute For Tomorrow (GIFT), says Asian consumers cannot save the world and that the region must re-define the concept of capitalism in an Asian context.
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Martin Lakos, Division Director, Wealth Management at Macquarie and Patrick Bennett, FX Strategist at CIBC, debate whether the Fed will change its policy language at the upcoming meeting.
Geoff McGrath, Vice President at McLaren Applied Technologies, explains how technology in the Formula One race can be applied to other industries.
Christoph Rubeli, Co-CEO of Partners Group, says the healthcare, education and e-commerce sectors in India offer long-term opportunities.