The stockpiling of cabbage is a vestigial impulse that speaks to an era of scarcity that still haunts Chinese of a certain age. The NYT reports.» Read More
There are more millionaires and "super rich" people than ever before as the rapid growth in Asia's emerging markets propels private wealth to record levels. The Financial Times reports.
Japan's deflation abated slightly in April and factory output picked up as a weaker yen and firmer overseas demand boosted growth, boding well for Prime Minister Shinzo Abe's efforts to shake the economy out of stagnation.
The Sony board will examine activist investor Dan Loeb's proposal to spin off part of the entertainment business, CEO Kazuo Hirai told CNBC.
The Chinese walls on Wall Street separating investment banking business from analysis, may be crumbling.
China's largest acquisition to date of a U.S. company, Smithfield Foods, is raising eyebrows among market watchers who question China's interest in taking possession of one of America's largest food producers.
Samsung unveils a stripped down version of its flagship Galaxy S4 smartphone, aiming to grab a bigger share in the midtier segment as growth in the high-end market slows.
Japan's public pension fund - a pool of over $1 trillion - is considering a change to its portfolio strategy that could allow its investment in domestic stocks to grow with a rallying market, according to people familiar with the deliberations.
Global stocks may have been on a wild ride of late but the world's biggest investment bank has told investors they should continue to buy equities.
Southeast Asia's "rising star", the Philippines, stunned investors with first quarter growth numbers that outpaced that of even economic powerhouse China.
The second bout of heavy selling in Japanese stocks in as many weeks is not just about a strengthening yen and pulling-back from lofty levels.
For months Japan's domestic investors have defied expectations that they would pile cash into overseas assets in a big way. Now, with U.S. Treasury yields above 2 percent for the first time in over a year, the lure may be just too strong.
Data Thursday showed foreign investors remained net buyers of Tokyo stocks last week – a period during which the market suffered its steepest single-day sell-off in two years. So, who is behind the selloff?
Retailers and policymakers have high hopes for consumer spending in China driving profits and growth, but industry watchers say it's not getting there fast enough.
The Philippine economy grew 2.2 percent in the March quarter from the previous three months, beating market forecasts, helped by strong domestic demand which offset weak exports.
South Korea's industrial output in April expanded on monthly terms for the first time in four months though the modest rate of expansion suggested that momentum remains subdued.
Chinese meat processor Shuanghui International Holdings is buying Smithfield Foods for $4.7 billion.
Citigroup recently cataloged a clutch of new technologies, including mobile payments and energy production, that are disrupting markets and sparking innovation.
Asia's frontier market Myanmar is poised for huge economic growth in the years ahead, according to a new study by the McKinsey, that forecasts the economy could quadruple by 2030.
Investors in Japanese and U.S. stocks may end up nursing the same hangover in 2014, but for now they probably won't let a little lull spoil the party.
The biggest piece of new information that Apple CEO Tim Cook dropped last night at the D11 conference was his latest big hire.
Jeremy Stretch, Head of FX Strategy at CIBC says investors should look beyond tapering and also pay attention to underlying growth dynamics.
Hao Hong, MD of Research & Chief Strategist at Bank of Communications International, says the real test of Chinese reform is whether the government can sit tight if growth falls below 7% in 2014.
Jay Srivatsa, Managing Director of Chardan Capital Markets, thinks the tech rally still has legs but says bigger returns will come from smaller cap names.