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Indonesia is ready for a sudden withdrawal of foreign funds from the country once major central banks around the world start unwinding their aggressive monetary stimulus, a senior Indonesian government official says.
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India lowered its official growth forecast to between 5.7 and 5.9 percent for this fiscal year, the finance ministry's mid-year economic review said on Monday, but said it was on track to meet a fiscal deficit target of 5.3 percent.
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Australian surfwear company Billabong International put its shares in a trading halt on Monday ahead of a possible takeover bid for the company, the latest development in a tumultuous year in which three previous takeover offers failed.
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International Enterprise Singapore (IE Singapore), the country's trade agency, released disappointing November trade data on Monday.
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Apple launched its iPhone 5 in China, even as its ranking in the world's largest smartphone market has slipped in the face of competition from cheaper rivals.
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The Americans are coming. And the Japanese and Europeans. Australia is being invaded by a swathe of foreign retailers, piling pressure on a local industry already battered by weak consumer spending and ruthless internet competition.
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American International Group may raise up to $6.5 billion through the sale of its remaining stake in Asian insurer AIA, a source said on Monday.
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Sportswear firm Li Ning warned it will post a substantial 2012 loss as it racks up as much as $288 million in expenses under a plan to buy back inventory from distributors, one of the thorniest problems facing retailers in China.
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China's beaten-down equity market will end 2012 in negative territory for the fourth year in a row, as fears of a hard landing coupled with global headwinds, saw investors turn their backs on Chinese stocks.
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Australia's no.3 iron ore miner, Fortescue Metals Group, is in talks to sell a minority stake in its multi-billion dollar port and rail assets as it looks to cut debt and build new mines in a world of weaker iron ore prices.
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Apple said it sold more than 2 million of its new iPhone 5 in China during the three days after its launch.
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China has launched a crackdown on a cult it says is calling for a "decisive battle" to slay the "Red Dragon" Communist Party, and which has been spreading doomsday rumors, state media said on Friday.
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Japan's hawkish ex-premier Shinzo Abe will get a second chance to run the country after his conservative Liberal Democratic Party (LDP) surged to power in Sunday's election, but must swiftly move to bolster the sagging economy while managing strained ties with China.
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China will maintain a "prudent" monetary policy and a pro-active fiscal policy in 2013, leaving room for manoeuvre in the face of global uncertainties, the official Xinhua news agency said after the country's annual policy-setting conference on Sunday.
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Wynn Resorts Chairman and Chief Executive Officer Steve Wynn said his company will call a special shareholder meeting to vote on removing dissident former shareholder, and Japanese billionaire, Kazuo Okada from the casino company's board of directors.
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Flight attendants at Hong Kong airline Cathay Pacific Airways are threatening to withhold food, alcohol and even smiles from passengers during the Christmas holidays over a pay dispute, a union official said Thursday.
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President Ma Ying-jeou says Taiwan is now on the road to recovery, helped by a broadening of the country's trade and investment partnerships.
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Even before voters returned Shinzo Abe to power, he had already won over markets with an aggressive money printing plan.
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If Japan's opposition the Liberal Democratic Party headed by Shinzo Abe wins the December 16 polls, it is widely expected that an era of aggressive monetary easing will be unleashed in the country, but one expert says this will do little to prop up growth in the world's third largest economy.
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Faced with the risk of a hard landing earlier this year, China's economy is now in the midst of a robust rebound, prompting economists to make bullish forecasts for growth in the new year.
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Cash-rich Singapore Airlines will likely need acquisitions or more partnerships as it reshapes its strategy to tap into the fast growing Asian markets and to counter stiff competition from Middle Eastern carriers.
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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.