Japan's Nikkei share average and oil prices hit six-week lows on Wednesday as investors pulled funds out of bets on the global economy's recovery and favored safe havens, such as the U.S. dollar and government bonds.
Kohlberg Kravis Roberts & Co has reached a deal to unload half of the equity in South Korea's No.2 beer maker, which it agreed to buy for $1.8 billion, to Affinity Equity Partners, two sources with direct knowledge of the process said on Tuesday.
Asian stocks edged up slightly on Tuesday but struggled after a slide the previous day, while the yen held gains against higher-yielding currencies as investors doubt the speed of the global economy's recovery.
Asian stocks edged up slightly on Tuesday but struggled after a slide the previous day, while the yen held gains against higher-yielding currencies as investors doubt the speed of the global economy's recovery.
The U.N. Security Council on Monday condemned North Korea's latest ballistic missile launches as a violation of council resolutions and a threat to regional and international security.
A North Korean ship tracked by the U.S. Navy on suspicion of carrying a banned arms cargo is expected to return home on Monday after a voyage that tested U.N. sanctions aimed at punishing Pyongyang for its May nuclear test.
South Korea's Samsung Electronics , the world's top maker of memory chips and flat screen TVs, forecast second-quarter earnings well above market estimates, driving its shares up more than 4 percent on Monday.
Stock futures pointed to a lower open on Wall Street on Monday following a long weekend, as oil tumbled nearly $3 a barrel on mounting doubts over a quick economic recovery.
North Korea fired seven ballistic missiles on Saturday, South Korea's defense ministry said, in an act of defiance against the United States as Washington cracks down on the secretive state's weapons proliferation.
North Korea fired seven ballistic missiles on Saturday, South Korea's defense ministry said, in an act of defiance toward the United States on its Independence Day that further stoked regional tensions.
North Korea may test mid-range missiles or fire more short-range missiles to step up saber rattling that has raised regional tension, a South Korean daily said on Friday.
North Korea test-fired four short-range missiles on Thursday, further stoking tension in the region that was already high due to Pyongyang's nuclear test and threats to boost its nuclear arsenal in response to UN sanctions.
For a teacher who never sees his students and instructs only online, South Korean Woo Hyeong-cheol makes a lot of money, $4 million a year to be exact.
Beijing Automotive Industry Holding Co plans to present a detailed bid for General Motors Corp's Opel unit in Europe within the next few days, The Wall Street Journal reported, citing a person familiar with the matter.
A year-old website, inspired by the use of Twitter and Internet media reporting out of Iran, hopes to become the go-to forum for citizen journalists everywhere as traditional media pulls back.
South Korea's LG Display Co Ltd said on Wednesday it was considering building an additional production line for flat-screen TV panels as the LCD industry slowly recovers due to healthy TV sales.
South Korea's LG Display Co Ltd said on Wednesday it was considering building an additional production line for flat-screen TV panels as the LCD industry slowly recovers due to healthy TV sales.
Oil climbed back above $70 a barrel on Wednesday as an industry inventory report showing a larger-than-expected fall in U.S. crude stocks buoyed hopes of a demand recovery and encouraged buying.
Asian stock markets put in a mixed performance on Wednesday, with Seoul gaining but Tokyo and Sydney weak as data showed the process of swinging the global economy around to a recovery would be a slow grind.
Japan pledged to prop up loss-making chip maker Elpida Memory Inc with up to $1.7 billion in public and private capital and loans, the country's first capital injection in a company since the financial crisis.
South Korea's Kumho Asiana Group said on Sunday it had decided to put Daewoo Engineering & Construction Co up for a sale to ease investors worries about its liquidity.
Japan and South Korea agreed on Saturday on the need to start examining an exit strategy for their expansionary fiscal policies as they overcome the worst of the global recession.
