An effective formula of combining monetary and fiscal policies means Japan is in a better position to benefit from quantitative easing compared to the U.S., says Nobel Laureate Joseph Stiglitz.
Outdoor air pollution contributed to 1.2 million premature deaths in China in 2010, nearly 40 percent of the global total, according to a new summary of data from a scientific study on leading causes of death. The New York Times reports.
The island of Borneo may be all that stands between Malaysian Prime Minister Najib Razak and an unprecedented election defeat within weeks for his ruling coalition party.
Annual growth of 8 percent may seem like a distant memory in India, whose economy has suffered a sharp deceleration over the past year, however, the country's finance minister believes Asia's third largest economy can return to such levels by 2015.
The new Bank of Japan governoris struggling to build a consensus ahead of his first central bank board meeting this week, risking disappointing markets that expect a radical shift in its policymaking framework.
North Korea said Tuesday it will escalate production of nuclear weapons material, including restarting a long-shuttered plutonium reactor, in what outsiders see as Pyongyang's latest attempt to extract U.S. concessions by raising fears of war.
Stung by a landmark patent defeat, Western drugmakers will be wary about launching new products in India, but they cannot afford to quit a country with a market potential as large as India's.
The Bank of Japan's two-day meeting which begins Wednesday will arguably be the most closely-watched in years given expectations for a radical monetary policy.
Expectations are running high as the Bank of Japan meets for the first time under its new head Haruhiko Kuroda on Wednesday, with investors hoping Kuroda will take a page out of U.S. Federal Reserve Chairman's book.
Despite multiple rounds of curbs by the Singapore government to cool the red-hot real estate sector, investors remain unfazed with some buyers purchasing multiple homes, believing that prices will still head higher.
North Korea's leader appeared to tamp down hostile rhetoric that had threatened impending war with the United States and South Korea in a key speech published on Tuesday.
Benchmark oil prices are likely to extend gains this week, shrugging off data showing weaker manufacturing activity in the world's two leading economies, but an underwhelming set of U.S. jobs numbers may undermine confidence.
The United States has positioned a warship off the Korean coast as a shield against ballistic missile attack as South Korea's new president vowed swift retaliation against a North Korean strike.
Even as the new policies by Japanese Prime Minister Shinzo Abe to reflate the economy are making a difference to some companies, the bulk of corporate Japan remains in recession. The Financial Times reports.
New console makers are taking on the titans of the videogame industry, betting that their cheaper, more mobile-like products will give them an edge over their bigger competitors.
A well-known editor of an influential Communist Party journal said Monday that he had been suspended after writing an article for a foreign newspaper saying that China should abandon its ally North Korea. The New York Times reports.
The results of a business confidence survey in Japan showed that despite a surge in stock prices and a steep fall in the yen, Japanese manufacturers are still largely pessimistic.
Tokyo markets soared today on the Bank of Japan's bold easing measures with the benchmark Nikkei index nearing a 5 year high, even briefly topping the 13000 mark at one point. The Nikkei's Sachiko Kishida reports.