The Japanese spent more than they saved in the 12 months ended March 2014, the first time that's happened since the data set began in 1955.» Read More
The Bank of Japan needs to take a page out of Federal Reserve's playbook and unleash fresh stimulus to save the fragile recovery from fizzling out.
India is cracking down on a new gold smuggling tactic that could accelerate a flood of illegal imports of the precious metal into the country.
Growth in China's services sector slipped to a six-month low in July, showing a dip in an industry that has been a bright spot in the Chinese economy.
India's opposition to a global trade deal is akin to the country "holding a gun to its own head,", analysts said.
An explosion caused by a gas leak killed 24 people and injured 271 in Taiwan's second city, sending flames shooting 15 stories into the air, setting entire blocks ablaze and reducing small shops to rubble.
First there was Abenomics, then Modinomics. Now South Korea has coined its own package of economic policies, which economists say will lead to a period of "big bang expansionary growth."
Sony warned about its smartphone division when it released earnings, raising the question whether the firm should just cut its losses in the sector.
DBS Group Holdings said second-quarter net profit climbed 9 percent, beating expectations with the help of 10 percent growth in loans.
The popular dollar-yen trade, which has fallen out of favor in the recent months, is coming back in vogue, say strategists.
Activity in China's vast manufacturing sector continued to pick up steam in July, two sets of data showed on Friday.
Japan's Sony Corp warned it doesn't now expect to make money on smartphones this year, as it reported a jump in first-quarter profit.
An ugly earnings report from Samsung prompted a 3 percent drop in shares, but that hasn't deterred market bulls.
China should set a GDP target of 6.5-7 percent for 2015, below its 2014 goal, and refrain from stimulus measures, the IMF said.
John Kerry has pressed New Delhi to drop its opposition to world trade reforms, saying it was a test of commitment to advance economic liberalization.
India's Tata Group has outlined plans to invest $35 billion over the next 3 years for expansion into new areas such as retail and defense.
India stocks are headed for a correction in the near term, emerging markets guru Mark Mobius said, as the pace of reforms is likely to disappoint.
China's ongoing anti-corruption campaign claimed its biggest scalp this week, and some see its hard-line stance as a positive for the economy.
Samsung reported its worst quarterly profit in two years and was downbeat about prospects, fueling concerns about its ability to face competition.
Global brands are learning to get creative with wooing the price-sensitive Indian consumer, who has a penchant for bargain-hunting and little brand loyalty.
Despite Asia's economic advances in the past decade, there has been little progress in improving the income discrepancy between men and women.
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