An avalanche swept down a slope of Mount Everest on Friday, killing nine Nepali mountaineering guides at the beginning of the main climbing season, a Tourism Ministry official said.» Read More
The Bank of Japan (BOJ) entered a new era on Tuesday, unveiling an aggressive monetary policy aimed at pushing Japan's economy out of a slump. But the question is whether the central bank, with a reputation of being cautious, can now deliver?
Dutch Finance Minister Jeroen Dijsselbloem was appointed the new chairman of euro zone finance ministers on Monday and told his colleagues he wanted to move on from simply fighting crises to focus on longer-term policies to cement fledgling confidence.
The man who led the development of Toyota Motor's Prius hybrid car is set to become the Japanese automaker's chairman as early as this year, said two senior executives familiar with the matter, in a boardroom shuffle that should do little to lessen president Akio Toyoda's grip.
Former Thai Prime Minister Abhisit Vejjajiva, who is facing charges over civilian causalities during a military crackdown on anti-government protesters in 2010, said the allegations are "politically motivated," adding he will fight to defend his innocence.
Further weakness in the yen, trading near its lowest level in more than two years against the dollar, is unlikely given the currency's recent and rapid decline, said former top currency official in Japan Professor Eisuke Sakakibara, adding that a dollar/yen rate around 90 'sufficient' for Japan's manufacturers to reap the benefits of a weakened currency.
In a keenly-watched decision, the Bank of Japan on Tuesday doubled its inflation target to 2 percent and adopted an open-ended commitment to buy assets.
Fragile economies and extreme weather have combined to crank up the global risk dial in the past year, creating an increasingly dangerous mix, according to the World Economic Forum.
Thailand's third-richest man is set to take control of Fraser and Neave (F&N) in Southeast Asia's biggest M&A deal after a group led by an Indonesian tycoon bowed out of a two-month bidding war for the $11.4 billion Singapore company.
Video game company Atari said it filed for bankruptcy protection in Paris and New York on Monday after it failed to find a successor to main shareholder and sole lender BlueBay as it wrestles with tough market conditions.
Brendon O'Connor, Associate Professor, U.S. Studies Centre at the University of Sydney says the biggest challenge for Obama as he takes office for the second term is getting the economy back on track.
Allegra Perry, managing director at Cantor Fitzgerald, tells CNBC why the luxury sector will continue to do well despite some worrying short term trends in Asia.
All Nippon Airways said on Monday it cancelled 151 domestic and 26 international flights scheduled for January 23-28 after Boeing's 787 Dreamliner passenger plane was grounded, affecting more than 21,000 passengers.
U.S. crude futures may test $100 a barrel this week - possibly breaching triple digits - after an attack against a gas facility in OPEC member Algeria on Wednesday escalated into an international hostage crisis, leading to renewed fears that supply may be disrupted in other politically-unstable parts of North and West Africa.
While the yen is trading at multi-year lows on high expectations for bold policy action from the BOJ, experts fear markets may be overestimating the central bank's next moves.
For those investing into Asia's hedge funds last year, smaller was better. The region's largest hedge funds - those managing more than $500 million - delivered weaker returns on average than nimbler, small to medium-sized funds, according to fund research and people with knowledge of the individual funds.
Myanmar is on the cusp of a mobile revolution. Only it's happening way too slowly for many locals.
Iron ore prices have nearly doubled over the past four months, delighting producers, yet the surge is hindering expansion of iron ore mines in Western Australia, the site of the world's largest known deposit.
Thailand's third-richest man has raised his stake and takeover offer for Fraser and Neave to fend off a bid by a group led by Indonesian tycoon Stephen Riady as the battle for the Singapore property and drinks group draws towards a close.
Shares in China Vanke shot up by their daily limit on Monday after the major property developer said its foreign-currency B-shares would move to Hong Kong, the second firm to have left the mainland's moribund B-share market in Shenzhen.
Paul Gruenwald, Chief Economist, Asia Pacific, ANZ says Abe's economic policies will be good for Japan. He says the BOJ should adopt the same easing approach as the Fed and print money until a 2% inflation target is hit.
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David Frigstad, Chairman of Frost & Sullivan, says Japanese firms are "aggressively" pursuing changes in their corporate culture after missing out on previous global opportunities.
Jeffrey Halley, Senior Manager at Saxo Capital Markets, describes the factors impacting the rupee in Thursday trade.
Richard Gelfond, CEO of IMAX, explains why the firm is still seeing "great appetite" for its theater in the mainland.