China's Xiaomi is raising over $1 billion from investors including Singapore's GIC that would value the smartphone maker at over $45 billion, sources said.» Read More
Japanese business sentiment worsened for a second straight quarter in the three months to December and will barely improve early next year, as the global slowdown and a territorial row with China hit the export-reliant economy.
A state think tank has forecast China's GDP growth next year at 8 percent and projects the consumer price index to rise 3 percent, the official China Securities Journal reported on Friday.
Australand Property on Friday rejected an unsolicited offer from larger rival GPT Group to buy its most valuable assets, including the $2.4 billion investment property portfolio, saying it did not provide a sufficient premium.
The United States on Thursday dropped a website owned by China's largest e-commerce company, Alibaba Group, from its annual list of the world's most "notorious markets" for sales of pirated and counterfeit goods.
The China release of its iPhone 5 on Friday should win Apple some traction in the world's biggest smartphone market, but its longer-term hopes may depend on new technology being tested by China's top telecoms carrier.
A U.S. jury on Thursday found that Apple's iPhone infringed three patents owned by holding company MobileMedia Ideas, though damages have not yet been determined.
Long-term development in China and across Asia promises great opportunity, William Lauder says.
Yahoo is planning to bring on a new board member and show two others the door, the New York Times reported on Thursday, citing sources.
Japan protested to China on Thursday after a Chinese government plane entered what Japan considers its airspace over disputed islets in the East China Sea, the Japanese Foreign Ministry said.
A successful rocket launch by North Korea could prove to be a key test not just for China's new leaders but also the politicians that will come into power in South Korea and Japan in elections that take place over the next week, experts tell CNBC.
More middle-class citizens in China are speaking out forcefully against construction projects that threaten their property, health and legal rights. The GlobalPost reports.
India's Gujarat state will hold a potentially game-changing vote on Thursday that could help decide whether Chief Minister Narendra Modi or Rahul Gandhi, becomes India's next prime minister.
There was anger and dismay after North Korea launched a long-range rocket into orbit on Wednesday -- plenty of it in South Korea and Japan. There was also surprise.
South Korea's central bank kept interest rates on hold for a second consecutive month, as it feels out the effects from two rate cuts this year as well as latest policy easing from the U.S. Federal Reserve.
The city's market watchdog proposes that banks preparing companies for listing on Hong Kong's stock exchange will be made explicitly liable for IPO prospectuses, although they will also have more powers to ensure that their clients play by the rules.
Japan's Mitsubishi UFJ Financial Group said it will pay $8.6 million as a settlement for transactions that could be seen as violations of U.S. sanctions.
Printing money and going on a spending spree would usually sow alarm in a heavily indebted economy, but investors in Japan are betting that opposition leader Shinzo Abe will tone down his strategy if he wins power in Sunday's national election.
India's government has announced an inquiry into the lobbying practices of Wal-Mart after a report that the giant retailer had pressed U.S. lawmakers to help gain access to foreign markets.
Indonesia-focused miner Bumi moved closer to divorcing the Bakrie family that co-founded it, announcing the departure of its Bakrie-supported chief executive and plans to sell its stake in unit Bumi Resources soon.
GrainCorp rejected on Thursday a sweetened $2.9 billion bid from U.S. agribusiness giant Archer Daniels Midland.
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Adrian Mowat, MD, Chief Asian & Emerging Market Equity Strategist at J.P. Morgan, explains why he is worried about South Korea's construction and automobile sectors.
Matthew Phan, Analyst, Asia-Pacific Banks at CreditSights, discusses the significance of news that Beijing has loosened market access restrictions for foreign lenders.
Jonathan Barratt, Chief Investment Officer at Ayers Alliance Securities, expects a risk premium to be built into fuel prices soon and explains why cheaper oil is a double-edged sword for consumers.