Sony's shares tanked over 8 percent after it said it was looking to raise billions of dollars through a share and convertible bond issue.» Read More
WTI oil prices saw the largest one-day percentage slide since November, after the U.S. EIA reported crude oil supplies rose far more than expected last week.
The world's most optimistic consumers reside in this populous Asian country, according to a survey by Nielsen.
A general election in Malaysia this Sunday is shaping up to be the most hotly-contested poll ever to be held in Southeast Asia's third biggest economy. And the outcome could be much tighter than markets are anticipating, Malaysia watchers say.
London’s department store Selfridges said BlackBerry's new Q10 model is its “fastest-ever selling” technology product, but analysts remain unconvinced that this high demand will help the mobile maker remain relevant in a tough market.
China reported relatively benign manufacturing data on Wednesday, but analysts said the real story was the substantial fall in new factory orders, which they believe has the potential to trigger stimulus action from the government.
The European Union voiced strong concern over labor conditions in Bangladesh after a building collapse there killed hundreds of factory workers, and said it was considering action to encourage improvements.
Growth in China's manufacturing sector unexpectedly slowed in April as new export orders fell, raising fresh doubts about the strength of the economy after a disappointing first quarter.
Sharp, Japan's leading maker of liquid crystal displays posted a worse than forecast 500 billion yen ($5.1 billion) net loss as panel plants asset write offs crimped its bottom line.
With flagging sales in their mainland stores and increasingly price savvy consumers, luxury retailers are taking a lead from casinos' play books by offering junkets in their Hong Kong stores.
Apple's move to issue debt could be just the thing the battered company needs to rehabilitate its image with investors.
The founder of private equity group TPG Capital tells the Milken Institute Global Conference that Japan is one of the most challenged nations on earth.
The sight of a third-grader driving a $200,000 sports car in a country with crippling poverty has touched off a new round of controversy in the East over the new class of the super-rich, and the dangers of wealth gone wild.
SoftBank said there is no need to improve its $20.1 billion bid for 70 percent of U.S. wireless carrier Sprint Nextel, which has been challenged by Dish Network.
Pfizer reported quarterly earnings and revenue that missed analysts' expectations on Tuesday, citing the stronger dollar and the spin-off of its animal health unit Zoetis.
Three times a year, during Lunar New Year, this time of year, and the National Day holidays in October, a wide swath of the country essentially shuts down as people venture around the nation and beyond.
A slew of economic data out of Japan on Tuesday gives conflicting signals on whether Prime Minister Shinzo Abe's radical revival plan is working or not.
As Japanese corporate sentiment gets a boost from "Abenomics" the country's sluggish property market is showing signs of life, with office prices in Tokyo expected to surge 10 percent over the next 18 months.
Singapore's economy should see a modest rebound this year, although uncertainty regarding the outlook for global growth means the recovery could be choppy, the country's central bank said in a report published on Tuesday.
An intriguing academic study casts new light on the dark arts of leaking deals. The New York Times reports.
Mining group Rio Tinto plans to almost halve the size of its London head office, cutting more than 200 jobs as it tries to slash more than $5 billion in costs by the end of next year.
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Christopher Wheeler, U.S. bank analyst at Atlantic Equities, says the execution of a cost-cutting plan will be the main challenge for Deutsche Bank's new CEO John Cryan.
Even if there is a successful nuclear deal, Iran will need some time to ramp up oil production due to years of underinvestment, says Azlin Ahmad, editor, crude oil at Argus Media.
Shusuke Yamada, FX strategist at Bank of America Merrill Lynch, says the Japanese yen will continue to rally on the back of external uncertainties such as Greece.