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  • World's Biggest Casino Market Hits Jackpot Wednesday, 2 Jan 2013 | 12:52 AM ET

    Macau, the world's largest casino market, raked in $38 billion in annual gambling revenues in 2012 after monthly revenues for December hit a record, a signal of sustained strength in the only place in China where visitors are able to legally gamble in casinos.

  • Singapore Economy Grew 1.2% in 2012: PM Tuesday, 1 Jan 2013 | 6:14 PM ET

    Singapore's economy grew by 1.2 percent in 2012, Prime Minister Lee Hsien Loong said on Monday, indicating the city-state slipped into a recession in the last three months of the year.

  • Lakshmi Mittal

    ArcelorMittal, the world's biggest steelmaker, will sell a $1.1 billion stake in a Canadian iron ore mine operator to a consortium that includes South Korean steelmaker POSCO and Taiwan-listed China Steel Corp, China Steel said in a statement.

  • A poster at a protest against the gang rape of a 23-year-old in New Delhi, India

    The gang rape of a 23-year old student has invoked a new political voice from middle class Indians who consider gender rights as important as poverty alleviation.

  • North Korea Seeks End to Confrontation With South Tuesday, 1 Jan 2013 | 6:06 PM ET
    South Korean conservative activists burn anti-North Korean placards during a protest denouncing North Korea's rocket launch, in Seoul on December 12, 2012.

    North Korean leader Kim Jong-un called for an end to confrontation between the two Koreas, technically still at war in the absence of a peace treaty to end their 1950-53 conflict, in a surprise New Year's broadcast on state media.

  • South Korea's Hyundai Motor and affiliate Kia Motors are targeting a 4 percent increase in global sales this year to a combined 7.41 million vehicles, their slowest growth since 2003.

  • South Korea's Output Up For First Time in 7 Months Tuesday, 1 Jan 2013 | 10:00 PM ET

    South Korea's manufacturing sector expanded in December for the first time in seven months but new export orders fell, a private survey showed on Wednesday, underscoring a still fragile recovery in Asia's fourth-largest economy.

  • The Japanese government is expected to raise its economic growth forecast for the next fiscal year to above 2 percent on hopes that its planned fiscal stimulus package will boost growth, the Yomiuri newspaper reported on Tuesday.

  • Asian stocks have made hefty gains this year despite global economic uncertainty, but in the weeks ahead, analysts warn against a possible pull-back in equities if the U.S. is unable to avert the "fiscal cliff" – a series of tax hikes and spending cuts that could tip the world's largest economy into recession.

  • China Factory PMI Points to Steady Growth Revival Monday, 31 Dec 2012 | 9:55 PM ET

    China's official manufacturing purchasing managers' index held steady in December at 50.6, matching November's seven-month high, as growth in new orders was unchanged and the pace of output softened marginally. With the main index above 50 for three straight months, the survey indicates that China's vast factory sector is expanding.

  • Hollywood, California

    China's 2012 box office was dominated by foreign films for the first time in four years as a deal cemented earlier this year saw more Hollywood film screened on the mainland, squeezing out domestic competition.

  • China Services Growth Adds to Recovery Hopes Wednesday, 2 Jan 2013 | 10:31 PM ET
    Shopping district in Beijing, China

    Growth in China's increasingly important services sector accelerated in December at its fastest pace in four months, adding to signs of a modest year-end revival in the world's second-largest economy.

  • Apple Begins Testing iPhone 6, iOS7: Report Wednesday, 2 Jan 2013 | 8:54 PM ET

    Apple has begun testing another new version of the iPhone and the latest iteration of their iOS operating system, according to The Next Web.

  • A prominent group of Chinese academics has warned in a bold open letter that the country risks "violent revolution" if the government does not respond to public pressure and allow long-stalled political reforms.

  • Bad China Bets Ruin 2012 for Asia's Star Funds Sunday, 30 Dec 2012 | 6:36 PM ET
    A Chinese investor checks share prices at a security firm in Hefei, east China's Anhui province.

    The Warren Buffetts of the East failed to live up their reputations in 2012, when big-name investment gurus made the wrong calls on China while markets in India and Southeast Asia raced ahead to rank among the top performers globally.

  • US Clears DNA Firm’s Acquisition by Chinese Monday, 31 Dec 2012 | 11:56 AM ET

    The U.S. has given national security clearance to the purchase of an American DNA sequencing company by a Chinese firm, The New York Times reports.

  • New China Government Won't Alter Monetary Policy Monday, 31 Dec 2012 | 11:08 AM ET

    China will stick to a prudent monetary policy next year and keep consumer prices stable, its outgoing central bank governor, Zhou Xiaochuan, said on Monday.

  • China Factory Sector Strongest Since May 2011: Report Sunday, 30 Dec 2012 | 10:50 PM ET
    Diggers are seen during the Samsung China Semiconductor's groundbreaking ceremony for a new advanced memory fabrication line.

    Activity in China's vast manufacturing sector hit its fastest pace in December since May 2011, a survey of private factory managers showed, with a sub-index for new orders pointing to continued strength in the new year.

  • South Korean inflation eased in December further below the central bank's target, data showed on Monday, reflecting weak demand and giving the Bank of Korea room for more interest rate cuts to spur growth.

  • China Should Cut RRR, Widen Yuan Band in 2013: Report Sunday, 30 Dec 2012 | 10:27 PM ET

    China should cut banks' reserve requirement ratios (RRR) in 2013 to support economic growth while widening the yuan's floating range to make it more flexible, the head of the cabinet's think-tank said in comments published on Monday.

Editor's Picks

Asia Video

  • Tokyo is proposing a low tax zone for foreign companies to help accelerate economic growth. The proposal, part of Prime Minister Abe's strategy, would aim for the new zone to bring at least part of the capital's corporate tax rate close to those of Singapore and Hong Kong.

  • John Rogers, President and CEO of CFA talks the importance of creating a professional standard in the financial industry.

  • Ed Rogers, CEO & CIO of Rogers Investment Advisors talks Sony and Japanese economic reforms.