Telecoms executives are keeping faith in emerging markets despite currency gyrations amid the global economic downturn.
From dresses, to handbags, diamonds and music downloads, consumers in Asia are taking to Internet shopping like never before as the region becomes one of the world's fastest growing e-commerce markets.
I like to shop for clothes online because no sales girls will pester me, said Cecelia Wang, a 23-year-old university student in Taipei, who spends about T$1,500 ($44) each ...
Anthony Dod Mantle remembers racing through the slums of Mumbai, desperately trying to keep up with the 7-year-olds who ran ahead of him.
TOKYO - Japan sank deeper into recession with its worst quarterly contraction since the oil crisis in the 1970s, its reliance on exports and soft domestic demand dragging down the world's second-largest economy.
Hillary Clinton, in Tokyo on her first trip abroad as U.S. secretary of state, said Asia and the United States must fight the global crisis together.
The U.S.-Japanese relationship was...
TOKYO - Japan sank deeper into recession with its worst quarterly contraction in 35 years, data showed on Monday, its reliance on exports and soft domestic demand dragging down the world's second-largest economy.
The grim Japanese figures, coupled with disappointment over the lack of coordinated action from the G7 and worries about bank rescue plans pushed European shares down by 0.6 percent in...
GENEVA - Mobile telephones are seen as a basic necessity around the world and should enjoy persistent strong demand throughout an economic downturn, a United Nations agency said in a report published on Monday.
With or without a recession, millions of people in India, China, Nigeria, and other emerging markets will seek out mobile phones, according to the International Telecommunication ...
GENEVA - Mobile telephones are seen as a basic necessity around the world and should enjoy persistent strong demand throughout an economic downturn, a United Nations agency said in a report published on Monday.
With or without a recession, millions of people in India, China, Nigeria, and other emerging markets will seek out mobile phones, according to the International Telecommunication ...
Merrill Lynch is shifting a majority of its contracts from troubled Indian software firm Satyam Computer Services Ltd to rival Tata Consultancy Services, the Economic Times reported on Monday.
In 1997/98, Asia fell into the economic abyss because of a dependence on inflows of foreign capital, which suddenly turned tail.
Pakistan publicly acknowledged for the first time Thursday that last year's attack on Mumbai was largely planned on its soil and that it had arrested most of the key plotters.
On Wednesday French nuclear giant Areva signed a preliminary deal to provide up to six new-generation reactors to India.
On Wednesday French nuclear giant Areva signed a preliminary deal to provide up to six new-generation reactors to India.
Lorrie Norrington, newly appointed president of eBay Marketplaces and one of Fortune magazine's 2008
Indian police alleged Thursday that two auditors working for an Indian unit of PriceWaterhouseCoopers colluded with the company's Chairman to perpetrate fraud at Satyam Computer Services.
India's biggest consumer goods maker Hindustan Unilever Ltd (HUL) has reported a 2.5 percent dip in earnings in the December quarter, attributing it to slowdown in demand.
HDFC Bank has reported 45 percent jump in net profit in the December quarter (Q3), despite witnessing an increase in bad debts.
Amid an unprecedented global economic crisis, The World Economic Forum 2009 taking place in Davos, Switzerland kicks off from Jan 28 to February 1, as thousands of key economic figures come together to discuss and find ways to stabilize and relaunch the global economy.
A report says that Asia and Latin America's Computer networks are the most hit by a fast-spreading computer virus.
Look for countries with strong middle-class growth -- say, China or Brazil. Stick mainly to housing and retail. Focus on the long term. And don't attempt to do it without a local partner.
Preliminary investigations into the dealings of fraud-hit technology outsourcer Satyam Computer Services have revealed that its promoters had forged documents and inflated the headcount of employees to siphon off funds from the company.
Satyam Computer Services Ltd. will hire an adviser bank to review options to rescue its business as investigations continue regarding alleged fraud.
