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.
Apple CEO Tim Cook apologized to Chinese consumers on Monday for confusion over its warranty policy following more than two weeks of criticism in the Chinese media of its after-sales service.
Mainland shares of property developers continued their two-day rally sharply higher on Tuesday despite the announcement over the weekend that Beijing and Shanghai will enforce the property curbs announced in early March.
South Korea will strike back if the North stages any attack on its territory, the new president warned, as tensions ratcheted higher on the Korean peninsula amid shrill rhetoric from Pyongyang and the U.S. deployment of radar-evading fighters.
China's financial reform campaign has indeed chalked up considerable victories, but it appears more time will be needed before additional and necessary reform measures take root. The Caixin reports.
Average home prices in China's 100 biggest cities rose for the tenth straight month in March, challenging policymakers who are trying to cool record home prices with mixed results.
Sentiment among Japanese manufacturers improved for the first time in three quarters, according to the Bank of Japan's key economic indicator, the Tankan survey.
Private property prices in Singapore rose at a much slower rate in the first three months of this year compared to the quarter before, as government property curbs announced in January to cool the market dampened demand.
A unit of Japan's Panasonic is under investigation by U.S. authorities looking at whether the company paid bribes overseas to airline employees or government officials to help land business.
Two people in Shanghai, one of China's largest cities, died this month after contracting a strain of avian influenza that had never been passed to humans before.
The euro's challenge to the international status of the U.S. dollar has been set back a generation as new data show developing countries dumping the European currency. The Financial Times reports.
Stronger domestic demand helped China's factory activity to rebound in March, with new orders up sharply in a sign that the underlying economic recovery is strong enough to weather any risks from patchy export performance.
Beijing and Shanghai will implement strict property cooling measures as part of a central government crackdown on the overheated property market, Xinhua said on Saturday.
North Korea said on Saturday it was entering a "state of war" with South Korea in a continuing escalation of tough rhetoric against Seoul and Washington.
Cheap neighborhoods in China are being cleared as part of a "urbanization" campaign. But in an ironic twist, the clearance of these "villages within cities" removes cheap housing for the very people targeted to fuel that migration.
Stock indexes in the U.S. have repeatedly hit fresh highs in the first quarter of 2013 providing stiff competition to Asian equity markets, which have had a disappointing year so far, in comparison.
Falling consumer prices highlighted how challenging it could be for Japan to achieve the 2 percent inflation target, which analysts say is unlikely anytime soon.
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.