Samsung Electronics, South Korean tech behemoth, posted better-than-expected earnings in the second quarter thanks to solid demand for its flagship Galaxy smartphones, a regulatory filing showed on Thursday.
China's fixed-asset investment grew 9 percent in the first half of 2016, down from 9.6 percent in the first five months and 10.7 percent in the first quarter, official data showed Friday.
Benchmark interest rate cuts could be on the horizon as the mainland battles economic headwinds over the rest of the year, analysts say
A week-long convulsion in U.S. stocks induced by Britain's vote to leave the European Union has left some on Wall Street feeling a little bit better thanks to stronger expectations of prolonged low interest rates.
South Korea's central bank unexpectedly cut its policy rate by 25 basis points to 1.25 percent on Thursday, a day after the announcement to create 11 trillion-won (9.5 billion U.S. dollars) funds, mainly covered by the bank, to help restructure shipping and shipbuilding industries.
After reviewing the deposit reserve deviation, the central bank, also known as the People’s Bank of China (PBOC), further “averages” the review method for reserve requirement ratio (RRR) to hedge the market fluctuation caused by timing factors.
Statistics released Wednesday showed Japan recorded better-than-expected economic growth numbers in the first quarter of the year. However, economists said the real picture may not be as rosy as it looks to be based on preliminary statistics.
South Korea's e-commerce exports surpassed imports for the first time in the first quarter as Chinese consumers increased their purchase of cosmetics and clothing via the Internet, a government report showed on Monday.
International Business Machines Corp (IBM.N) reported its worst quarterly revenue in 14 years as results from newer businesses including cloud and mobile computing failed to offset declines in its traditional businesses, sending shares down nearly 5 percent in extended trading.
Chinese visitors have been returning to Korea after the MERS scare last year, boosting sales at duty-free shops, department stores and superstores.
Apple analyst Andy Hargreaves cuts his price target on shares, citing soft demand for the iPhone
The continuation of the robust growth seen in Britain's economy for the past three years is under threat, according to analysts.
Australia's largest gold producer Newcrest Mining Ltd on Thursday reported second quarter production rose 6.3 percent on increases at its Papua New Guinea and Western Australia state's Pilbara mines.
Samsung Electronics, the world's largest smartphone maker, posted its first profit slump in five quarters as soft demand for smartphones dampened the company's Galaxy device sales and lowered prices of components such as chips and display panels.
Diesel car imports in South Korea set a new record in the fourth quarter last year despite worry that Volkswagen's emissions scandal may dent demand for foreign luxury vehicles, customs data showed Tuesday.
South Korea's economic growth in the fourth quarter slowed down after peaking to a five-year high as the construction sector faltered on slump in home transactions and lower government spending on infrastructure in the final quarter of last year, central bank data showed Tuesday.
The business investment rate in the 19-country Eurozone decreased to 22.1 percent in the third quarter of 2015, official data showed on Thursday.
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