Prime Minister Shinzo Abe's cabinet on Thursday approved a record budget for fiscal 2016 which will rely on robust corporate profits and interest payments to tackle the nation's burgeoning welfare costs and mounting public debt.
Australians absolutely love to put their own spin on traditions — even the sacrosanct ones celebrated at Christmas.
Standard & Poor’s has released its latest Global Financial Literacy Survey. Statistics show that only 45 percent Chinese would calculate compound interest from savings, and their knowledge about other wealth management basics is poor. To put their money in the bank for fixed term deposit is still the predominant way of wealth management for Chinese households.
South Korea will send an on-site inspection team early next year to foreign countries where terrorist attacks are frequent, officials said Wednesday.
China will deepen structural reform of rural industries and upgrade the integrative development of agricultural, industrial and service sectors in rural regions.
The world soccer governing body FIFA has prepared a reform package for the special congress slated for February in a bid to restore its reputation hit by corruption scandals.
China's northern Hebei Province and the port city of Tianjin issued their first-ever air pollution red alerts, the most serious level, joining neighboring Beijing in experiencing this most recent bout of choking smog.
There is more convergence of interests than many might have noticed between development strategies of ASEAN countries, either collectively and individually, and China-proposed initiatives such as the Belt and Road, Asian Infrastructure Investment Bank (AIIB) and Lancang-Mekong Cooperation framework (LMC).
The Trans-Pacific Partnership (TPP)free trade pact will have huge beneficial economic impact on Vietnam, but the country will struggle to take advantages and cope with challenges, many Vietnamese and foreign officials and experts told Xinhua recently.
The Japanese government on Tuesday approved a design by architect Kengo Kuma for the main stadium for the 2020 Tokyo Olympic and Paralympic Games with the planned project also linking in construction behemoth Taisei Corp. whose bid to build the facility won.
The success of transitioning China's economy away from investment and more to consumption will be spearheaded by China's 1980s generation, according to a recent report.
A number of positive factors will gradually gain traction in 2016, although downward pressures on growth such as overcapacity, profit deceleration and rising nonprofit loans will persist, according to a research report from the People's Bank of China.
Scandal-plagued Toshiba Corp. on Monday unveiled wholesale restructuring plans in an aggressive move to return the ailing electronics firm to profitability which will include some 7,800 jobs being slashed from its workforce.
Japan's newly-enacted security laws will be challenged as being unconstitutional by a contingency of legal experts who will file lawsuits with district courts across the country, a spokesperson for the group said Monday.
Chinese lawmakers will deliberate on a registration-based stock listing, proposed by the State Council, China's Cabinet, during the legislative session which began Monday in Beijing.
China's public service set to be improved and new demand created to spur growth.
Australia and Indonesia will seek to grow their positive relationship following a rocky start to 2015, with both nations' foreign ministers scheduled to discuss defense on Monday.
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