Central banks that worked hand in hand with governments to contain the financial crisis may succumb to political pressure and delay unwinding ultra-loose monetary policy, risking igniting inflation and speculative bubbles.
Mongolia has shortlisted eight potential partners for its huge Tavan Tolgoi coking coal project, according to Temuulen Ganzorig, deputy director of Erdenes MGL, the Mongolian government company that will hold at least 51 percent of the equity.
Malaysia's biggest mobile service provider, Maxis Bhd, aims to raise as much as $3.65 billion in the country's biggest IPO, despite a cooling off in demand for Asian listings following China's flurry of offerings.
South Korea ended a frustrating losing streak in overseas resource deals with the agreed $1.7 billion takeover of Canada's Harvest Energy Trust, securing oil and gas reserves but also taking on an aging refinery in need of significant investment.
A trade row between Thailand and the Philippines threatened to derail a regional free trade pact on Friday, as hosts Thailand cast tight security over an Asian summit twice postponed due to anti-government protests.
Chinese President Hu Jintao, made the fifth phone conversation with U.S. President Barack Obama Wednesday. President Hu expressed his confidence that a positive outcome at the upcoming Copenhagen world climate summit in December could be provided improvement in bilateral relations and faced the weather pattern challenge.
Asian shares rose on Friday as investors were encouraged by upbeat earnings reports from the United States and Asia while the dollar resumed a broad slide after a Fed official indicated U.S. rates would remain low.
Asian shares nudged higher on Friday on the back of upbeat earnings reports from the United States and Asia while the dollar resumed a broad slide after a Fed official indicated U.S. interest rates would remain low.
The two Koreas met last week in secret in Singapore to discuss a summit, a broadcaster in the South said on Thursday, an encounter that follows Pyongyang's bid to reach out to its rivals after being hit by U.N. sanctions.
U.S. aerospace giant Boeing Co estimates northeast Asia will need about 1,200 airplanes worth about $190 billion over the next 20 years, a senior company executive said on Thursday.
South Korea's Korea National Oil Corp (KNOC) agreed to buy Canada's Harvest Energy Trust for C$1.8 billion ($1.7 billion), the Canadian company said on Wednesday.
Asian shares fell on Thursday amid disappointment that robust Chinese growth data offered few surprises, but the dollar gained some respite as an expected shift to higher-yielding currencies failed to materialize.
Wireless communications products supplier TriQuint Semiconductor Inc's third-quarter profit met market expectations, helped partly by a growth in its networks market, but weak revenue and a fourth-quarter forecast below expectations sent shares down 21 percent.
Chip gear maker Lam Research Corp posted a surprise profit as it cut costs and benefited from strong shipments, and forecast second-quarter revenue above analysts' expectations, sending its shares up 4 percent.
Chinese President Hu Jintao has told his U.S. counterpart Barack Obama that closer cooperation on fighting climate change could help improve overall ties between the world's top two greenhouse gas polluters.
General Motors Co has not subscribed to the $424 million rights issue of its South Korean unit by a Wednesday deadline, according to a report, but its overseas units are now expected to take up the offer.
Profit taking in technology stocks pushed Asian shares slightly lower on Wednesday, though they remained near a 15-month high, while some stability in the U.S. dollar and a rise in inventories knocked oil below $79 a barrel.
South Korea's LG Electronics Inc posted third-quarter net profit that beat expectations thanks to a soft local currency that boosted its price competitiveness and a strong line-up of mobile phones.
South Korea's LG Electronics Inc posted third-quarter net profit that beat expectations thanks to a soft local currency that boosted its price competitiveness and a strong line-up of mobile phones.
Nine North Koreans who took refuge in Denmark's embassy in Hanoi nearly four weeks ago have left the mission and are on their way to South Korea, a Danish consular official said Tuesday.
Toyota Motor Corp is ramping up its push on gasoline-electric hybrids, launching a new model in Japan and taking on up-and-coming competitor Hyundai Motor Co in its Korean home market with its flagship Prius.
President Barack Obama deserves a failing grade for his handling of U.S. trade policy during his first nine months on the job, a senior Republican senator said on Monday.