Asia Economy

As a growing number of overseas Chinese students run into financial difficulties due to the declining wealth of their families, many go online to express their grief and seek advice on how to cope with the situation.Andersen Ross…

29 Mins AgoChina reportedly moves ahead with plans to sell long-term bonds worth $138 billion China has reportedly begun plans to sell one trillion yuan ($138.24 billion) of ultra-long-term bonds, according to reports by the Financial…

Consumer prices edged up 0.3% in April from a year earlier, data from the National Bureau of Statistics showed on Saturday, versus a rise of 0.1% in March and a Reuters poll forecast for an increase of 0.2%."Strip out food and energy…

17 Mins AgoOCBC posts record first-quarter revenue and profit; offers to take insurance subsidiary privateSingapore's second-largest bank OCBC posted record first-quarter revenue and profit, with total income rising 8% year on year to…

9 Mins AgoChina stocks extend gains after upbeat April trade dataMainland China's CSI 300 index rose nearly 1%, extending gains after opening 0.2% higher, as the country's customs agency released upbeat trade data.While April imports…

39 Mins AgoAustralia retail sales fall 0.4% in March quarter, declining for fifth time in six quartersRetail sales volumes in Australia fell 0.4% on a seasonally adjusted basis in the March quarter compared with the previous three…

Here's the median price to rent a 1-bedroom across 10 cities in Asia. Fraser Hall | The Image Bank | Getty ImagesBased on data gathered in April from various government websites and large real estate marketplaces in each country,…

There is some 'fluff' in India's economic growth rate, according to former Reserve Bank of India Governor Raghuram Rajan.This isn't a reflection of "pessimism" as "even 6-6.5% growth is a pretty good number," he told CNBC's "Squawk Box…

2 Hours AgoTokyo inflation slows sharply in April, core inflation sharply lower than expected Inflation in Japan's capital city of Tokyo slowed to 1.8% in April, down from the 2.6% gain in March.Core inflation in the city — which strips…

An Hour AgoJapan's yen tests a new 34-year low as central bank meeting kicks offThe Japanese yen slid past the 155 mark against the U.S. dollar, touching a fresh 34-year low.The currency last traded at 155.37 against a strengthening…