GM offered to convert debt of around $2.2 billion owed by its South Korean operation into equity in exchange for financial support and tax benefits from Seoul. » Read More
The restructuring proposal comes after the Detroit automaker announced last week that it would shut its plant in the city of Gunsan. » Read More
By: Holly Ellyatt
A Japanese company is planning to build the world's tallest wooden skyscraper in Japan, with 90 percent of the building made of wooden materials. » Read More
By: Huileng Tan
Heavy tariffs and quotas on steel will hurt China, but other countries might suffer damage from such measures as well. » Read More
GM plans to produce two new car models in South Korea, GM executive Barry Engle reportedly said at a meeting with South Korean lawmakers.
Indian billionaire jeweller Nirav Modi has denied he was involved in a $1.8 billion fraud case at India's second-largest state lender.
As travel bookings become ubiquitous digitally, one luxury travel firm is betting on growth in two categories: Asia and millennials.
GM has offered to convert a debt of $2.2 billion into equity in return for financial support and tax benefits from Seoul, sources said.
Sony said it has plans for a joint venture to develop an artificial intelligence (AI)-based taxi hailing system in Japan
HSBC's fortune turned around in 2017 with an increase in the year's profit.
Labour Party's Jeremy Corbyn says UK's finance sector will be "the servant of industry not the masters of us all" under a Labour government.
Asian shares were moderately lower on Tuesday after a relatively quiet overnight session in markets.
It remains to be seen how China's Belt and Road spending will impact Islamabad's profile as an investment destination.
South Korean President Moon Jae-in asked his administration to look "aggressively" into mitigation measures for the GM plant closure in Gunsan.
The city state's overall budget deficit for the 2018/19 fiscal year starting on April 1 is expected to be S$0.6 billion.
Australia's Malcolm Turnbull may discuss the plan with President Donald Trump this week, the Australian Financial Review reported.
A poll showed that two-thirds of Australian voters want their deputy prime minister, Barnaby Joyce, to resign after an affair.
A U.S. military aide carrying the nuclear football was reportedly blocked by Chinese security officials, resulting in a commotion.
Government data showed Japan's exports grew 12.2 percent on-year in January, beating predictions for a 10.3 percent increase.
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The U.S. onshore shale unit sale by BHP has been a bit 'elongated' as the company is so large, says James Eginton of Tribeca Investment.
HSBC's results are only "one quarter in a decade-long change at the bank," says Will Hamlyn of Manulife Asset Management.
Trade disputes have been brewing for longer than Donald Trump's presidency and will grow in profile this year, says Taimur Baig of DBS Group Research.