Rajeshni Naidu-Ghelani is an Assistant Producer for CNBC.com. She joined the website in 2011 and her role involves creating slideshows for the Asia-Pacific region, as well as writing investment and feature stories. Prior to joining CNBC, Rajeshni worked as Web Journalist for Canadian news channel CP24 in Toronto, and as an Associate Producer for Ninemsn.com in Sydney, Australia. Rajeshni holds a BA in English from the University of Toronto and MA in Media Practice from the University of Sydney.
The CEO of OCBC, which posted a record profit on Friday, said the bank would focus on growing its offshore activities in Greater China as more Chinese firms look to expand overseas.
Singapore Telecommunications (SingTel) isn't ruling out additional job cuts at its Australian operation Optus in an effort to drive down costs after slashing headcount by almost 10 percent over the last nine months.
India's online retail market may be growing at an unprecedented pace, but challenges like the lack of profitability among online retailers could mean it may be up to another five years before the sector truly takes off in the Asia's third largest economy.
The Year of the Snake, which starts on February 10, may prove more successful for those born in the Year of the Rabbit, according to research firm Wealth-X, which says rabbits dominate the ranks of those globally with wealth of $30 million or more.
The Great Depression in 1929, the Pearl Harbor attack in 1941 and the dot-com bubble bursting in 2001 – all these events happened during the year of the snake. So, should we be worried about what 2013 - the latest Chinese Year of the Black Water Snake – has in store for us? The annual Feng Shui Index brought out by Asian brokerage CLSA gives some clues.
The CEO of Southeast Asia's biggest lender, DBS - which missed fourth quarter earnings expectations on Wednesday – told CNBC he expects a turnaround in the bank's China business in 2013.
As major airlines around the world start grounding Boeing's Dreamliner passenger jets amid safety concerns, analysts tell CNBC they are confident the U.S. aircraft manufacturer will fix the 787's "teething issues," which arise each time new technology is introduced.