Japanese billionaire Kazuo Okada was facing a crisis: work on his dream casino by the bay in Manila was going nowhere.
The Philippine economy surprised most Filipinos and perhaps the rest of the world with its robust performance, surpassing growth rates of most of its Asian neighbors.
MANILA - The two most richly valued companies in the financial and consumer discretionary sectors in Southeast Asia share two things in common - both are controlled by Filipino tycoons and both are building casinos by the azure waters of Manila Bay.
MANILA - Asia's most expensive stock market should be out of gas, but there are signs it could have more room to run.
SINGAPORE - When South Korean automaker Hyundai Motor Co. announced last month it had overstated the fuel efficiency levels on around one million of its cars in the United States and Canada some investors were left fuming more than others.
SEOUL - A Park will be back in South Korea's presidential mansion come February, and the big businesses, or chaebol, that dominate the country's economy will be breathing a sigh of relief that her left-wing challenger did not win Wednesday's presidential vote.
SHANGHAI - The China release of its iPhone 5 on Friday should win Apple Inc some respite from a recent slide in its share of what is likely already the world's biggest smartphone market, but its longer-term hopes may depend on new technology being tested by China's top telecoms carrier.