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Beijing's business sense
ONE of the biggest changes we've seen in the world since the 2008 financial crisis can be summed up in one sentence: security is no longer the primary driver of geopolitical developments; economics is.
China's big banks cushioned by cash pile
While investors fret about a jump in bad loans from China's local government entities, the country's so-called "Big Four" banks are busy squirreling money away for the da...
Japan auto output, exports plunge
Japan's auto production and exports suffered record drops of more than 60% in April following the March 11 earthquake and tsunami disaster, an industry group said Tuesday...
Japan passes $49bn reconstruction budget
Japan's parliament on Monday passed an emergency 4 trillion yen ($49bn) budget to help fund reconstruction after the deadly March 11 earthquake and tsunami devastated nor...
Buffett: Japan quake 'buying opportunity'
US billionnaire investor Warren Buffett said Monday that a massive natural disaster would not hamper the future of the Japanese economy and could prompt a new bout of sto...
Foreign bankers flee Tokyo
Foreign bankers are fleeing Tokyo as Japan's nuclear crisis worsens, scrambling for commercial and charter flights out of the country and into other major cities in the r...
Samsung to invest $38.3bn in 2011
South Korea's Samsung Group said Wednesday it plans to invest almost $40bn this year as it tries to get ahead of global rivals still struggling after the financial crisis...
Cotton price surge comes at a cost
In the home of cheap clothing manufacturing, the record price of cotton is causing havoc for producers - and the pain will pass down the chain to buyers in developed coun...
Currency row spoils global meeting
Intensifying friction over currencies and trade loomed on Wednesday as leaders of major economies converged on Asia for back-to-back summits aimed at safeguarding the sti...
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