US New Home Sales Rise 2.3 Percent to 454,000 for April, Beating Expectations
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The unexpected contraction in China's factory activity in May has heightened the risk of a further slowdown in the second quarter, after the economy grew at its slowest pace in three years over January to March, said economists.
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South Korea's military said it will strike back at North Korea and target its top leadership if Pyongyang launches a threatened attack in response to drills between U.S. and South Korean forces.
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Samsung, with a $110 million investment in cash-strapped Sharp, will broaden its supplier base and get a foot in the door at one of Apple key Asian display suppliers.
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It's already home to some of the world's most expensive properties and considered one of the most costly places to live in. Now, this island state is also one of the priciest places to own a car.
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Demand for financial products linked to China is on the rise and efforts by the world's second largest economy to further open its capital markets will add to their lure, said Mark Makepeace, CEO of global index provider FTSE Group.
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Fresh regulations on banker bonuses is a risk for Standard Chartered, warned CEO of the bank's Asia division, Jaspal Bindra, who said an unfair amount of attention has been paid to the issue.
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China's planned urbanization drive will be main engine of growth for domestic economic activity in the years ahead, giving the government scope to boost domestic demand and infrastructure investment.
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Australia's economy grew at a moderate pace last quarter as a long-awaited surge in resource exports helped offset softness elsewhere.
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Asia Squawk Box anchors tell you how to offer presents in China without being called out for bribery.
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China's IPO action has been locked in ice since October by China Securities Regulatory Commission (CSRC) officials intent on boosting investor confidence and improving scrutiny of stock market hopefuls.
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Samsung Electronics is set to invest about $110 million in struggling Sharp, a deal that will ensure it a smooth supply of large-sized TV panels and help bolster the Japanese company's chances of survival.
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North Korea's ruling dynasty could have its newest member. After months of speculation over whether Ri Sol-ju, Kim Jong-un's wife, was pregnant, there are now reports that the couple's first baby was born in secret. The Christian Science Monitor reports.
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Virgin America and Singapore Airlines frequent fliers can now earn and redeem points or miles on each carrier in an expanded partnership.
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Prime Minister Wen Jiabao of China has displayed a blend of defeatism and defensiveness as he winds down his decade in office. The New York Times reports.
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Samsung's next smartphone may have some eye-catching new software.
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Google has too much control over China's smartphone industry and has discriminated against some local firms, the technology ministry said in a white paper.
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Malaysian troops backed by fighter jets attacked an armed Filipino group on Tuesday, trying to end a standoff on Borneo island after violence that killed at least 27 people.
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Worries that China's property market is over heating are spreading beyond mainland policymakers, with key industry players including the head of the country's largest real estate developer warning of huge risks in the sector.
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Singapore-listed commodities firm the Noble Group expects its flagging agriculture business to turn around in the second quarter of 2013.
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China's new Communist Party leaders are hoping that their annual legislative meeting will persuade a skeptical public that they are serious about cleaning up pollution and a political elite stained by corruption.
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For the first time since 2000, Warren Buffett didn't make the top three on the annual Forbes Rich list. Randall Lane, Editor, Forbes tells CNBC who ousted Buffett from his third spot.
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Hong Kong's Hang Seng stock index may be one of Asia's laggards, but Morgan Stanley reckons the market is poised to more than double to 50,000 by the end of 2015.
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First it was gold, and now it's silver. The metal fell victim to heavy selling on Monday.
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Australia's dollar has received its fair share of whacking lately and perhaps it's time to give the currency a bit of a break, currency strategists say.
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Lothar Mentel, Chief Investment Officer at Tatton Investment Management says the recent rally shows a confused market and expects some volatility ahead.
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Greg Matwejev, Director, FX Hedge Fund Sales and Trading at Newedge says that the U.S. dollar will be the trade of the year.
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Erwin Sanft, Managing Director, Head of China & HK Equity Research at Standard Chartered says corporate profits in China are recovering despite the weaker economic data.