The use of the yuan in cross-border trade settlements is set to grow by 50 percent to 6 trillion yuan in 2014, according to Deutsche Bank.» Read More
Concerns abound over fund outflows from Asia’s emerging markets on the prospect of Fed QE tapering, but the Asian Development Bank (ADB) says it is seeing capital inflows.
Shares of South Korean consumer electronics giant Samsung fell almost 4 percent on Friday as the company's second quarter earnings estimate did not meet analysts' expectations.
The Bank of Korea (BOK) said Thursday it has opened a social media site on YouTube, marking the first time the central bank has joined a social network service (SNS).
The possibility of the U.S. tapering QE has resulted in big fund flows out of Asia, but the CEO of Southeast Asia's biggest lender, DBS, says its impact on the region is overstated.
A Hong Kong jury found the lover of the late billionaire tycoon Nina Wang guilty on Thursday of forging a will naming him the sole beneficiary of her estate.
Samsung Electronics Co Ltd missed quarterly earnings forecasts on Friday as it reported a 47 percent rise in April-June operating profit.
Singapore to top Switzerland as the world's finance hub by 2015, as a global tax crackdown and tighter regulation weaken the Alpine nation's appeal to investors.
Rising oil prices could hurt Asian economies already grappling with a slowing Chinese economy, weak export growth and foreign fund outflows.
Singapore's Temasek Holdings says the size of its portfolio soared to a record high in the financial year ending March 2013.
Soaring rents have forced small businesses in Causeway Bay, one of Hong Kong's shopping districts, to move or close in the last few months. The New York Times reports.
For a modern developed nation, Australia is taking a less-traveled path to prosperity. It wants more Australians.
Sticky tape may be what's needed to hold Chinese banks together in an environment of slower economic growth and tight liquidity conditions, says one banking analyst.
The world's best-selling car maker, Toyota Motor Corp, said it was recalling around 185,000 vehicles globally, including the Yaris compact, owing to a glitch in the electric power steering system.
The executives involved in the scandal surrounding Japanese camera maker Olympus have been given suspended sentences for their role in the accounting fraud.
India has long been vital to keeping gold prices stable. But will it bail out the market again?
The U.S. dollar/Japanese yen went past the 100 mark for the second time this year on Wednesday, but markets aren’t cheering.
Goldman Sachs, which started the year upbeat on the outlook for Chinese stocks, significantly slashed its target for the country's equities.
Hong Kong is on its way to regain its position as one of the world's hottest IPO markets this year after hitting a four-year slump in 2012, says PricewaterhouseCoopers (PwC).
The nasty cash squeeze that roiled China banks could be just the start of instability to come if China's leaders push ahead with liberalizing interest rates and capital controls.
The recent sell-off in global markets has pushed valuations for emerging market stocks to their cheapest level this year, according to Citi.
Stephen Schwartz, Chief Economist for Asia at BBVA, says that risky assets could see a bout of volatility when tapering happens.
Paul Trainor, Senior Portfolio Manager at Macquarie Private Portfolio Management says investors should be careful before jumping into the stock, despite a 30% fall over the past two days.
Marty Mosby, Banking Analyst at Guggenheim Partners, tells CNBC's Cash Flow that the Volcker Rule has already been priced into banking stocks and interest rates.