Chinese Internet giant Baidu Inc confirmed on Wednesday it is buying a stake in fast-growing international car-hailing service Uber.
McDonald's in Japan is limiting the portions of fries as potato stocks run short due to labor disruptions.
Owner of Dalian Wanda says China's era of rapid urbanization will end, so he is looking to shift toward tourism and entertainment.
Japanese exports undershot expectations in November despite the effects of a weaker yen, but rose for the third straight month.
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While oil exporters like Malaysia will suffer, lower energy prices are positive for the fiscal positions of a majority of Asian countries, says Rajiv Biswas, Asia-Pacific Chief Economist at IHS Global Insight.
Jalil Rasheed, Investment Director at Invesco, says the recent selloff could be due to rumors about a leadership change. He adds that Thailand will benefit from cheaper oil as it is a net oil importer.
Dane Anderson, Research Director at Forrester, says factors like a lack of clear leadership impede Asian firms from harnessing the positive impact from digital disruptions.