The NBA has inked a deal with a Chinese internet giant Tencent giving it exclusive rights to stream games in China.» Read More
Police said Sunday they have arrested six suspects in another gang rape of a bus passenger in India, four weeks after a brutal attack on a student on a moving bus in the capital outraged Indians and led to calls for tougher rape laws. The CSM reports.
India is poised to triple wheat exports this year to a higher-than-expected, record 6 million tonnes, helping plug a shortfall in lower-quality grain supplies and keep a lid on global prices.
Peter Chou, CEO of Taiwan smartphone company HTC, will on Monday launch what he hopes will be a major boost to both a backward tech sector in Myanmar, his country of birth, and to his company's share of one of the few untapped mobile markets: a phone that locals can use out of the box.
Singapore on Friday increased a tax on foreign buyers as part of new measures to cool its housing market which has seen continued strong demand in the face of a weak economy and previous efforts to curb prices.
Indonesia's rupiah spent the latter half of 2012 shielded from speculative strikes and volatility by the country's central bank. That veneer of stability is starting to peel, if early signs this year are anything to go by.
Air quality in Beijing was the "worst on record" on Saturday and Sunday, according to environmentalists, as the city's pollution monitoring center warned residents to stay indoors with pollution 30-45 times above recommended safety levels.
Japan Airlines (JAL) said on Sunday that a Boeing 787 Dreamliner jet undergoing checks in Tokyo following a fuel leak at Boston airport last week had leaked fuel during tests earlier in the day.
Prime Minister Shinzo Abe said the Bank of Japan (BOJ) must set a 2 percent inflation target and make it a medium-term, not long-term, goal to show markets it was determined to pursue bold monetary easing to end nearly two decades of deflation.
Boeing's 787 Dreamliner jet suffered a cracked cockpit window and an oil leak on separate flights in Japan on Friday - the latest in a series of incidents to test confidence in the sophisticated new aircraft.
India's No.2 software services provider Infosys raised its revenue forecast after posting stronger-than-expected quarterly profit, triggering a 15 percent surge in its shares, set for their biggest gain in more than a decade.
India's industrial output shrank in November after a spurt the previous month, denting hopes of a recovery in economic growth and strengthening the case for an interest rate cut later this month.
Japan's $117 billion economic stimulus package is a positive start to revive a frail economy. But the government needs to follow this up with long term structural changes and the central bank has to chip in with some bold moves - otherwise disappointment is sure to follow, analysts say.
With price pressures building at a faster-than-expected rate and exports staging a revival, is it time for Chinese policymakers to take away the stimulus punch bowl?
A former portfolio manager at Tudor Investment Corp who oversaw energy investing from Singapore for the giant hedge fund is setting up his own business with a handful of former colleagues, according to several people familiar with the matter.
Projecting trends is precarious business. But there are a lot of likelihoods for 2013. The economy is expected to grow, new technology releases will change consumer behavior, and demographic shifts will hit tipping points. Here are predictions for 2013.
China's annual consumer inflation rate accelerated to a seven-month high of 2.5 percent in December on rising food prices, ahead of expectations and narrowing the scope for the central bank to boost the economy by easing monetary policy.
South Korea's central bank held interest rates steady for a third consecutive month on Friday, as expected, and lowered growth and inflation expectations as well as indicating that a rate cut could come in the first half of this year.
Japan's cabinet approved on Friday an economic stimulus package in the biggest spending boost since the financial crisis as Prime Minister Shinzo Abe pursues an ambitious agenda to spur growth and end nagging deflation.
Japan's current account swung to a much bigger than expected deficit in November after the nation's trade gap hit a 10-month high, adding to a string of poor data and firming up the case for more stimulus to help the stuttering economy.
India's Finance Minister P. Chidambaram plans to meet investors in Asia and Europe this month in a drive to try and boost capital flows into Asia's third-largest economy, four sources with direct knowledge of the plan said.
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Paul Haswell, Partner of Pinsent Masons, explains why more Asian technology players are seeking merger and acquisition opportunities in Europe.
Kim Eng Tan, Senior Director, Sovereign & International Public Finance Ratings, says the ongoing rout in oil markets will boost Thailand, South Korea and India, but weigh on oil exporter Malaysia.
Jim O'Donnell, Chief Investment Officer of Forward Management, attributes the disappointment over Alibaba's revenues to "expectations getting ahead of themselves."