The Japanese spent more than they saved in the 12 months ended March 2014, the first time that's happened since the data set began in 1955.» Read More
New Zealand's economy grew at its weakest rate in nearly two years during the September quarter as falling manufacturing and agricultural output offset a surge in construction, but analysts said it was unlikely to prompt a rate cut.
Long-time China watchers probably felt a sense of deja vu when HSBC's chief China economist, Qu Hongbin, predicted last month that the yuan would be convertible within five years.
After hitting a four-year low in 2012, Hong Kong's once red-hot IPO market is forecast to pick up as the Chinese economy revives and boosts sentiment for fund-raising.
Chinese display-advertising provider Focus Media said on Wednesday it had agreed to be acquired by a consortium of private equity funds led by Carlyle Group for about $3.7 billion.
Chinese workers are enjoying better pay and are changing jobs more often, an international human resources consultancy says.
Australia's competition watchdog gave conditional approval to an alliance between struggling national flag carrier Qantas Airways and Dubai's Emirates, but approved it for only five years, not 10 as had been sought.
The Bank of Japan is expected to deliver its third dose of monetary stimulus in four months on Thursday in a prelude to more aggressive action next year, as it faces intensifying pressure from the country's next leader for stronger efforts to beat deflation.
The daughter of a former military ruler took a commanding lead in South Korea's presidential election on Wednesday, putting her on track to become the country's first woman head of state.
Japan's exports fell for a sixth straight month in November from a year earlier, adding yet more pressure on the Bank of Japan to vigorously expand monetary stimulus.
The dozens of vehicles that roared into northeast India this week on a rally from Indonesia symbolize deeper ties between the South Asian giant and Southeast Asia, but the dreadful roads along several parts of the 8,000 km journey also show how much remains to be done.
With gold prices being hammered in recent weeks, and trading near four-month lows on Wednesday, longtime gold bull Jim Rogers is sounding a word of caution, saying it's possible the correction in bullion may continue into the new year.
The Japanese yen has fallen about 6 percent over the past one month, and is expected to weaken further. As the weaker currency increases the Japanese economy's competitiveness, it's also likely to boost sentiment for Asian equities, said analysts.
Private home prices in this Southeast Asian financial hub have risen a whopping 56 percent since the global financial crisis, and most analysts expect this upward trajectory to continue into the new year, even as the market faces a drop in sales volumes amid a somber growth outlook. So what will it take for Singapore property prices to fall?
Business sentiment among Asia's top companies improved slightly in the fourth quarter, reversing two consecutive quarters of declines, while global economic uncertainty remained the biggest concern for the region's firms, a Thomson Reuters/INSEAD survey showed.
The World Bank raised its 2013 economic growth forecasts for China and developing East Asia on Wednesday, and said the region remained resilient despite the lackluster performance of the global economy.
Fast food giant KFC's Chinese subsidiary pledged on Tuesday to work with authorities in investigating claims by state television that its chicken suppliers had injected anti-viral drugs and growth hormones in its poultry.
Shares of Esprit Holdings fell nearly 7 percent to a one-month low on Wednesday after the Europe-focused retailer warned of a possible loss for the six months ending in December, triggering a raft of broker downgrades.
If the outcome of Sunday's election in Japan was a disaster for the outgoing Democratic Party of Japan, it didn't offer much comfort, either, to leaders in China and South Korea. At a time of heightened regional tension, they are preparing for the arrival of a conservative administration in Tokyo.
The gathering had the air of a post-mortem. About 100 executives and government officials listened quietly as Guillermo Luz poked holes in the Philippines' fairytale economic revival.
South Koreans assumed that Lee Kun-hee was the equivalent of royalty, an untouchable oligarch at the helm of one of the world's largest companies, the Samsung Group.
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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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