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Yahoo's board has agreed to buy Tumblr, the popular blogging service, for about $1.1 billion in cash, a person with knowledge of the agreement told The New York Times.
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South Koreans assumed that Lee Kun-hee was the equivalent of royalty, an untouchable oligarch at the helm of one of the world's largest companies, the Samsung Group.
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Japan's exports fell for a sixth straight month in November from a year earlier, adding yet more pressure on the Bank of Japan to vigorously expand monetary stimulus.
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The Indian parliament cleared a path for more foreign investment in the banking sector by approving a bill to increase shareholders' voting rights.
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A U.S. judge on Monday denied Apple's request for a permanent injunction against Samsung's smartphones.
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Australian surf wear company Billabong International said on Wednesday it has received a $556 million takeover bid for the company, the latest development in a tumultuous year in which three previous takeover offers failed.
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The Swiss National Bank is opening a branch in Singapore to allow for round-the-clock management of its foreign exchange reserves, which it needs to tap to defend the safe-haven franc from over-heating.
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A new report shows that 150,000 mostly wealthy Chinese emigrated in 2011, costing the country jobs and economic growth.
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The U.S. Securities and Exchange Commission (SEC) is half way across the world from brokerages in Beijing, but small time investor Zhao Qiang is monitoring the American market regulator's moves.
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China, already struggling with a slowing economy, may now be facing the type of credit crunch that helped derail the U.S. economy four years ago.
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Toyota Motor has been ordered to pay a record fine of $17.35 million for failing to report a safety defect to the U.S. government in a timely manner, the U.S. Department of Transportation said.
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China's burgeoning economic recovery may need central bank easing to spur it along next year, as foreign investors scale back spending commitments in the face of a gloomy external outlook.
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With global growth expected to remain modest in 2013, investors should look at so-called "value" stocks in Asia, which have a potential upside of as much as 20 percent, says HSBC.
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India's central bank kept its powder dry at its latest monetary policy meeting, prompting the question - what will it take for policymakers to move on interest rates?
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The Nikkei index has two resistance levels that cap the current rally breakout.
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Crime, corruption and tax evasion have cost the developing world nearly $6 trillion over the past decade, and illicit funds keep growing, led by China, a financial watchdog group said in a new report.
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The Bank of Japan will consider no later than January whether to adopt a 2 percent inflation target, in response to calls from next Prime Minister Shinzo Abe for stronger efforts to beat deflation.
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Legitimate as well as dodgy businesses have flooded East Africa with millions of low-cost Chinese-made handhelds, for good and bad. Caixin reports.
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No matter who wins South Korea's presidential election on Wednesday, the end is near for the hard-line policy on North Korea promoted by the departing president: the two top candidates both agree on a more moderate approach.
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Average new home prices in China's 70 major cities fell 0.7 percent from a year earlier, according to Reuters calculations based on official data published on Tuesday, a ninth straight month of year-on-year decline.
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New Zealand's government said it would maintain its tough spending controls in 20 years as it downgraded its economic growth outlook on Tuesday, pledging to return the strained budget to a small surplus by 2015.
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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.
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Japanese equities have risen a "bit too fast" and appear to be somewhat "bubbly," according to the former vice finance minister of Japan.
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China's equity market will soon play catch-up to the global stocks rally, analysts say.
Asia Video
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Chris Bertelsen, CIO at Global Financial Private Capital, shares his incite into the US QE and when to expect the effects, and which stocks are going to be great opportunities in the US market.
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Brendan Brown, Head of Research at Mitsubishi UFJ Securities International says the Australia carry trade is at the beginning of an implosion and other emerging market carry trades might follow the same path.
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John Noonan, Senior FX Analyst at Thomson Reuters says a bearish AUD is the dominating trade in the macro fund community. Dhiren Sarin, Chief Technical Strategist, Asia Pacific at Barclays gives his Technical Analysis on currencies.