Malaysia PM Najib Razak sacks deputy over 1MDB scandal

Malaysia's Prime Minister Najib Razak has replaced his deputy amid a continuing financial scandal.

Japan’s Economy Shrank Last Quarter, Top Forecaster Says

The Japanese economy likely contracted last quarter, dragged down by weak consumer spending and a slump in exports, according to a top forecaster.

Russia created a credit rating agency, which is great for Russia because it'll ignore one key type of risk

Sick of getting downgraded, Russia is launching its own new rating company that will be immune to geopolitical risks.

China Answers Japan Oil Rig Concern With Joint-Development Offer

China repeated a call Friday for talks with Japan over joint development of gas and oil resources in contested waters in the East China Sea.

Mers outbreak cuts sharply into S Korea growth

South Korea's economic growth has been hit sharply by both the Mers outbreak and continued weak exports.

After China dumps gold, don't count on India to come to the rescue

MANILA/MUMBAI (Reuters) - Blame poor rains or a lack of weddings, but Indians, for whom gold is the investment of choice, aren't rushing to buy bullion after this week's sharp sell-off.

Hong Kong hopes to be finance hub for China's Silk Road push: Xinhua

Hong Kong could become the financing hub for companies connected with the so-called "One belt, One road" initiative to link Asia to Europe and Africa, the city's financial secretary John Tsang said in an interview with Xinhua, China's state news agency.