India's prized $108 billion IT services sector is on a "knife edge" in the face of a looming vote on the U.S. immigration reform bill that threatens the very business model the industry thrives on, says Nomura.
India's economic reform program faces a key parliamentary test this week on whether to let foreign retailers set up shop, in a vote that could pave the way for further measures to revive the economy.
North Korea said it would carry out its second rocket launch of 2012 as its youthful leader Kim Jong-un flexes his muscles a year after his father's death, in a move that South Korea and the United States swiftly condemned as a provocation.
The Indian economy extended its long slump in the quarter ending in September, with lower-than-expected growth keeping it on track for its worst year in a decade.
The worsening outlook for the BRIC nations – Brazil, Russia, India and China – has put into question whether these leading emerging economies can continue to power global growth.
Regulators in Japan recently counseled regional banks that hold massive amounts of Japanese government bonds to shorten the maturity of their holdings to reduce their interest rate risk. The FT reports.
The pacifist nation of Japan is trying to raise its profile in a new way, offering military aid for the first time in decades and displaying its own armed forces in an effort to build regional alliances. The NYT reports.
New home sales across major cities in China jumped by 30 percent in November, according Centaline Group Research Center, a Shanghai-based real estate consultancy. Caixin reports.
Hong Kong's Hang Seng stock index may be one of Asia's laggards, but Morgan Stanley reckons the market is poised to more than double to 50,000 by the end of 2015.
Viktor Shvets, Head of Strategy Research, Asia at Macquarie discusses Abe's tough road ahead trying to reflate economy while avoiding a bond yield blow out.