Emerging markets in Asia have responded with sinking stocks to the predicted U.S. stimulus cut, but a 1997-like Asian financial crisis is unlikely and China is expected to remain resilient against the impact.
The 2nd Asian Youth Games have kicked off in southeast China's major city of Nanjing.
The majority of Asia Pacific-based chief financial officers expect growth in revenues and profits at their corporations in 2013, according to the Bank of America Merrill Lynch 2013 CFO Outlook Asia report issued on Monday.
Hong Kong Stock Exchange (HKEx) is set to become the "enabler" to help London Metal Exchange (LME), the world's biggest metals bourse, to further expand business in Asia, HKEx chief executive Charles Li Xiaojia said in an interview on Wednesday.
The Hong Kong University of Science and Technology (HKUST) was just named the top university in Asia for the third straight year by the a British educational agency, Quacquarelli Symonds (QS) University Rankings: Asia.
Chinese affluent consumers are increasing their purchases of lower price luxury items, moving away from established brands, Bank Julius Baer said in a report here on Tuesday.
Chinese affluent consumers are increasing their purchases of lower price luxury items, moving away from established brands, Bank Julius Baer said in a report here on Tuesday.
New Zealand Defense Minister Jonathan Coleman is to hold talks on Asia-Pacific security issues with U.S. Defense Secretary Chuck Hagel when he attends the three- day Shangri-La Dialogue in Singapore from Friday.
Thai Prime Minister Yingluck Shinawatra on Wednesday morning left Bangkok for Tokyo to attend an international forum on "The Future of Asia" in Japan.
South Asia is regaining its economic momentum, but the recovery in the region with the largest number of poor people could falter in the absence of a stronger investment climate, said the latest South Asia Economic Focus report of the World Bank.
On Sunday, Chinese President Xi Jinping delivered a keynote speech at the opening ceremony of the 2013 annual conference of the Boao Forum for Asia.
The Boao Forum for Asia is one of Asia's biggest annual economic meetings, attracting heads of states, and hundreds of business leaders.
Although Japan continues to lead the Asia-Pacific region in research output, it could be overtaken by China soon, a scientific journal Nature said in a report published on Wednesday.
Australia will open an Austrade office in Myanmar this year as part of the Gillard Government's drive to help businesses break into and expand in Asia's emerging and growth markets, Trade and Competitiveness Minister Craig Emerson said in a statement on Tuesday.
Industry insiders at the 4th Asia Luxury Travel Market (ALTM) exhibition in Shanghai predicted a resurgence in the luxury travel market, with the Asia-Pacific region and China in particular leading the way.
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