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Hackers working for China's army appear to have resumed their attacks on U.S. companies. The NYT reports.
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Poor Japanese manufacturing data on Friday gave new Prime Minister Shinzo Abe more ammunition to push for big spending and easy money to salvage the world's third largest economy from decades of deflation and its fourth recession since 2000.
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China unveiled tighter Internet controls on Friday, legalizing the deletion of posts or pages which are deemed to contain "illegal" information.
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The Year of the Dragon was supposed to be particularly lucky and momentous, charged with auspicious signs of change. While the Chinese government may dispute that this year has been full of good luck, for China watchers, 2012 has certainly delivered. The GlobalPost reports.
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Beijing will introduce tough new laws to punish firms that flout food safety laws, the official Xinhua news agency reported, a significant move in China's struggle to get its abysmal food safety record under control.
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Toyota Motor eliminated a huge obstacle with a U.S. settlement over unintended acceleration in its cars and trucks, leaving it to fight smaller cases that will be harder for plaintiffs to prove and less likely to damage the company's growing sales.
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South Korean industrial output grew for a third consecutive month in November from October and at a much faster pace than expected, data showed on Friday, offering fresh evidence that Asia's fourth-largest economy is starting to pick up.
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Japan's Toshiba is in talks with three parties to sell a portion of its stake in its nuclear power unit Westinghouse, according to media reports.
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China Construction Bank said on Thursday that it is investigating allegations by investors that a clerk at the country's second-biggest lender misled them into buying a wealth management product that underperformed.
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The yen fell to a two-year low on Thursday, continuing its rapid downtrend that started in the middle of last month. But analysts warn that the yen could end up firmer by the end of 2013 as the Federal Reserve will stay ahead of the Bank of Japan (BOJ) in monetary easing, which means the dollar will fall at a more rapid pace.
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Prime Minister Manmohan Singh struck a downbeat note on the challenges facing the Indian economy on Thursday, dubbing a five-year plan for average growth of 8 percent "ambitious."
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They may not be sexy or exciting to drive, but a new study by Consumer Reports says hybrids offer the best value for those buying a new vehicle.
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Want to travel across Myanmar, the poor, isolated nation that's becoming a tourism hot spot practically overnight? You're probably going to end up boarding an aging airplane regulated by a government with dubious credibility.
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One day last summer, Pu Xiaolan was halfway through a shift inspecting iPad cases when she received a beige wooden chair with white stripes and a high, sturdy back. The NYT reports.
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Annual growth of China's industrial profits quickened to 22.8 percent in November from October's 20.5 percent, official data showed on Thursday, reinforcing signs of a steady economic recovery thanks to pro-growth policies.
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Toyota Motor plans to spend $1.1 billion to resolve sweeping U.S. class-action litigation over claims that millions of its vehicles accelerate unintentionally, as the Japanese automaker looks to turn the page on the biggest safety crisis in its history.
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South Korea warned on Thursday of only a modest recovery in the economy next year while its central bank promised to focus on supporting growth for the time being, both bolstering expectations for more fiscal and monetary stimulus.
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The Japanese currency's recent slide is just the beginning of a larger move, this pro says.
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Economic data on Thursday revealed South Korea's economy may turning around. Manufacturing outlook rose to a six month high while combined November sales at South Korea's top department stores logged their fastest growth since December 2011.
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China faces rising risks in its banking sector and pressure on government revenue in 2013 while economic recovery could be hampered by weak external demand and domestic constraints, says Vice Finance Minister Li Yong.
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The negative sentiment that overshadowed China's banks earlier this year is fading and the sector is poised for strong gains in 2013, while brighter economic prospects should fuel a rally in Japanese bank shares.
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More fund managers are growing increasingly bearish on the outlook for China, believing "a hard landing" for the economy and a "commodity collapse" are currently the biggest tail risks facing markets, a monthly survey by Bank of America/Merrill Lynch show
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Japan surpassed expectations in the first quarter, expanding at its fastest pace in a year, but an important pillar of growth was missing.
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Australia's budget on Tuesday has raised concerns that the country could follow in the same path as the highly indebted euro zone, said one expert.
Asia Video
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Peter Whitley, Senior FX Analyst at Thomson Reuters says to short AUD/USD and NZD/USD on any rally.
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Stan Shamu, Market Strategist at IG Markets says the yield play continues to be the dominant theme in Australia as the mining sector goes through a downgrade cycle.
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Juan Rodriguez Inciarte, Executive Director of Banco Santander explains why he is optimistic on the Spanish economy's growth outlook.