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
Investors are paying close attention to this reporting season which will give insights into how profitability is holding up following the tax hike.
The parent company of a scandal-hit Chinese food supplier said it is withdrawing all products made by the subsidiary.
Japan will be the market to watch this week on the back of key data and as earnings season in the world's third-largest economy kicks into full gear.
Chinese industrial firms' profits rose 17.9 percent to 588.08 billion yuan ($94.98 billion) from a year earlier, up from an 8.9 percent rise in May.
With companies in Asia slowing their capital investment, the region may face a deceleration in economic growth ahead, HSBC said.
Upbeat China data may have allayed fears about its economy, but PNC Financial Services is cautious, warning of a "perfect storm" that could surface.
Golf, a game often associated with business and affluence, is gaining a broader appeal in South Korea, which means business for the golf industry.
Japan's inflation came in as expected in June, data showed on Friday, boosted by the consumption tax hike that took effect in April.
Chinese brides and Indian festivals will drive diamond demand into new year, the CEO of De Beers told CNBC.
China's slowing property market tops the list of major economic risks, but some say the sector's stocks are "dirt cheap" and now is the time to buy.
After two years of stagnation, things are finally looking up for Asia's third largest economy.
The Singapore dollar surged to a nearly nine-month high this week, but the rally is likely to be cut short soon, analysts said.
South Korea's Hyundai Motor said its net profit fell by the most in five quarters, as the local currency's sharp gain and higher U.S. discounts to entice customers overshadowed solid April-June vehicle sales in China and at home.
SK Hynix said shipment growth would slow in the third quarter as it posted its first drop in quarterly profit in two years.
Samsung releases video poking fun at the Apple users' apparent excitement over the iPhone 6's rumoured new screen size.
South Korea's economy grew 0.6 percent in April-June over the previous quarter, the slowest in over a year due to sluggish consumption.
LG Electronics said its profit rose 26.5 percent from a year earlier, beating estimates, as its mobile business profited for the first time in a year.
New Zealand's central bank raised rates but said it would pause as it looked at the impact of its tightening and watched inflation.
The Kiwi was crushed as the country's central bank warned against the currency's strength following its decision to hike interest rates.
China's manufacturing activity rose to an 18-month high in July, according to a private survey Thursday, as the government's stimulus measures worked their magic, consolidating a recovery in the world's second biggest economy.
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