Ornamental fisheries are a booming business, often providing a much-needed industry in developing countries. However, they're often caught using environmentally-harmful and inhumane techniques. Cyanide fishing is illegal but a common practice in many parts of Asia with many reverting to this banned methods for cost and ease. Watch video.
Asian stock markets ended the week in negative territory following the latest disappointing economic reports out of the United States.
The world still moves in file with the US, but how badly it suffers in a coming slowdown depends on how long it lasts
A land rush is happening in Hong Kong, but it doesn't involve the high-rise properties for which the city is famous. Instead, it's the epicenter of a brand new patch of cyber real estate soon to go on the global market.
They either obsequiously kowtow to your every demand, or mutter sarcastic remarks after reasonable requests like picking up your newly-heeled brogues or collected your Pomeranian from the dog salon -- so, really, who needs a real butler or even a personal assistant anymore when you can now outsource your personal life?
The influential filmmakers create a $285 million fund for Asian films, hoping to expand audiences and maybe save some money too
Asia's central banks took further steps Wednesday to smooth trade in the region's currency and short-term interest rate markets, as credit fears slammed stocks and sent the yen to a 4-1/2-month high.
The European Central Bank mounted a second day of action to calm panicky credit markets Friday, after Asia central banks joined a global campaign by monetary authorities to inject extra cash into banking systems.
Just seven years ago Fortune was predicting that high-flying tech companies would soon displace the oil and auto giants that had been hogging the limelight at the top of the Global 500.
Asia is bracing for a dramatic surge in cancer rates over the next decade as people in the developing world live longer and adopt bad Western habits
Ornamental fisheries are a booming business, often providing a much-needed industry in developing countries. However, they're often caught using environmentally-harmful and inhumane techniques. Cyanide fishing is illegal but a common practice in many parts of Asia with many reverting to this banned methods for cost and ease. Watch video.
Asian stock markets ended the week in negative territory following the latest disappointing economic reports out of the United States.
The world still moves in file with the US, but how badly it suffers in a coming slowdown depends on how long it lasts
A land rush is happening in Hong Kong, but it doesn't involve the high-rise properties for which the city is famous. Instead, it's the epicenter of a brand new patch of cyber real estate soon to go on the global market.
They either obsequiously kowtow to your every demand, or mutter sarcastic remarks after reasonable requests like picking up your newly-heeled brogues or collected your Pomeranian from the dog salon -- so, really, who needs a real butler or even a personal assistant anymore when you can now outsource your personal life?
The influential filmmakers create a $285 million fund for Asian films, hoping to expand audiences and maybe save some money too
Asia's central banks took further steps Wednesday to smooth trade in the region's currency and short-term interest rate markets, as credit fears slammed stocks and sent the yen to a 4-1/2-month high.
The European Central Bank mounted a second day of action to calm panicky credit markets Friday, after Asia central banks joined a global campaign by monetary authorities to inject extra cash into banking systems.
Just seven years ago Fortune was predicting that high-flying tech companies would soon displace the oil and auto giants that had been hogging the limelight at the top of the Global 500.
Asia is bracing for a dramatic surge in cancer rates over the next decade as people in the developing world live longer and adopt bad Western habits
Think oil prices are volatile? Well, check out the price swings for natural gas.
BLOCK A
AS: Atika Shubert
Stocks opened mixed Thursday as investors eyed rallies in markets in Europe and Asia and a dip in jobless claims in the United States.
Los Angeles International Airport (LAX) began life as a dusty landing strip in the corner of a Southern Californian ranch but has grown to become the world's fifth busiest airport.
Stocks remained in negative territory Tuesday as investors digested a jump in wholesale prices and a staggering sell-off in Thailand.
Stocks fell Tuesday morning but were off their lows after a surge in prices paid by businesses spurred inflation fears and a massive sell-off in Asia rocked the market.
For the future of the television industry, eyes worldwide are watching Asia. The computer and Internet businesses may have sprung from the West, but with Internet Protocol Television (IPTV) it's the East that's leading the way.
President Bush stressed on Saturday the shared advantages of U.S.-Asia cooperation in trade and in fighting militant Islamic terrorism and a nuclear North Korea.
Ecosphere Associates sells what appear to be plastic eggs full of bilge water. But look closer. Inside each Ecosphere you'll find a self-contained ecosystem - replete with shrimp, algae, and bacter...
Asia is the new hot spot for retail expansion, and for good reason - shoppers there just want to have fun.
Late last year I decided to begin importing resins, the raw materials our family-owned company uses to manufacture plastic bags. I had heard the prices offered by suppliers in Asia had become too a...
Rapid global warming poses a variety of security threats to the Asia Pacific region that have been "seriously underestimated," a new study says.
Tropical cyclones are heat engines formed over the vast expanses of water that form the world's oceans.
NEW YORK (CNNMoney.com) - Ninety-percent of companies worldwide think an avian flu pandemic would affect their business because of absenteeism, 70 percent think their profits would be hurt -- but just 47 percent have begun to put together a business continuity plan.
A sustained period of boom for Asian airlines has been forecast to hit turbulence in 2006 with the next 12 months likely to be a make or break time for key players.
Share markets were mixed to lower across Asia Friday , with Tokyo dragging the region down as traders booked profits during a holiday- shortened session ahead of an extended New Year's break.
LH: Lorraine Hahn R: Rain
At dawn on Friday, a hangman at Changi Prison in Singapore placed a hood over the head of drug trafficker Van Nguyen, put a noose around his neck and opened a trap door in a "long-drop" procedure that killed the Australian citizen.
A physician monitoring the threat of avian influenza says a key question is whether the strain of bird flu in Asia has mutated into a flu that could result in a human pandemic.
LH: Lorraine Hahn VC: Vincent Cheng
South Korean and Australian stock markets surged to all- time highs Tuesday, leading Asian indexes that mostly were in positive territory.
Japanese shares closed lower as the central bank said it would keep monetary policy steady and national elections drew nearer.
Rising crude prices, weakness on Wall Street and political uncertainty in Japan combined to pressure stocks in Asia Friday .
The World Health Organization recently warned that a global flu pandemic will hit in the next several years and will kill as many as seven million people. In Asia, where the pandemic will probably ...
Top health officials have new concerns about a potentially devastating flu strain in Asia.
European shares closed lower on Monday, hurt by highly-leveraged utilities and transport services amid worries companies like Suez and Autostrade may have to start paying higher interest rates.
The dollar traded mixed Friday while Treasury bond yields were little changed.
The yen briefly rose to a five-year high against the dollar Monday as investors bet next month's meeting of Group of Seven industrialized nations would urge Asian countries to let their currencies rise.
Scientists from around the world have expressed grave concerns about the health of local ecosystems and their ability to sustain survivors of the tsunamis that struck parts of Asia and Africa last month.
Almost three-quarters of Americans surveyed in a poll released Thursday have prayed for victims of the southern Asia tsunamis, but when it comes to cash donations, only 45 percent have pulled out their wallets.
As millions of Asians seek to repair shattered lives amid a mounting death toll, experts say the economic impact of the tsunami tragedy appears to be much smaller than other natural disasters.
This is a story e-mailed to CNN from a young man in Africa. If you want to tell us about your experience, e-mail your account to tsunami@cnn.com. We are also publishing more first-hand accounts here. We are also publishing your appeals for information about missing relatives and friends here.
My story may be of interest in relation to the Asia quake. My name is Sayyeda Valli. I am 17 years old, and I'm a student at Jaffery Academy in Mombasa, Kenya.
With the fear of SARS and bird flu outbreaks behind them, travelers are returning to Asia's skies in their droves, yet airlines are bracing for turbulent times ahead.
First, the good news: Deflation is no longer a threat. The bad news? Inflation suddenly is. For the first time in years, economists will be paying anxious attention to the Consumer Price Index, sla...
The private jet business is seeing signs of take-off in 2004.
Hip-hop is quickly becoming the most popular style of music across Asia, even eclipsing today's big rock acts.
The bird flu that's sweeping across Asia has killed more than a dozen people, and health officials warn it could soon evolve into a far deadlier strain. It's only the latest virulent new disease to...
The World Health Organization is trying to calm fears that the reported infection of cats with bird flu could signal an increased risk to humans.
Two domestic cats and a leopard have died in Thailand from the same bird flu that has devastated the nation's poultry industry and killed at least 21 people across Asia.
Since South Korea confirmed a bird flu outbreak in December, authorities have been scrambling to crack down on a disease which has already resulted in human deaths and is ravaging chicken farms in Asia.
Looking for a good mystery story? Try the Asian stock markets in 2003. A deadly virus, SARS, virtually shut down business in the region for months, and terrorism jitters ran high, yet Asia's 16 maj...
ONE-YEAR PERFORMANCE RANKINGS % total return Rank/last ranking[1] 1 year 3 years[2] Telephone
Ta-lin Hsu
ALL OF ASIA We've long been fans of Cathay Pacific's All Asia Pass, which allows you to visit 17 cities in the region over 21 days for $999. So we're happy to note that Malaysia Airlines now offers...
This story hit our hearts. Thankfully, no one at FORTUNE or among our immediate families died in the worst single day of violence on American soil since the Civil War. But because thousands of busi...
The true heroes of East Asia's recovery from the 1997 currency crisis--credit card-wielding American mall rats with their insatiable appetite for imports--finally seem tapped out. That means that n...
It isn't easy becoming a great place to do business, but once a city cracks the list, chances are it will stay there. Of this year's 15 best international cities, nine also ranked last year; the re...
Traditionally, women in business made their way to the top through family connections or government service. Many still do. But the new economy, with its flexible structures and ethos of meritocrac...
Forget about your precious tech stocks for just a second--they aren't going anywhere, believe me--and take a look at a group of stocks that I think are pretty darn interesting right now. I'm talkin...
There is tremendous change but also tremendous inertia." The words of a Western business consultant in Bangkok pretty much sum up the state of Asian business as the third anniversary of Asia's cras...
Forget the Silicon Valley gold rush--the unheralded story of last year is the one that took place in Asia. Flush with new dot-com offerings, Asian equity markets exploded. From Tokyo to Singapore, ...
Judging from the confident forecasts by a chorus of experts, the Pacific Century should be dawning about now. Nearly 30 years ago, futurist Herman Kahn argued that by the year 2000, Japan was sure ...
Asia's back. In 1997, U.S. mutual fund investors poured $3.85 billion into Asian emerging markets. The next year they bolted, putting in just $99 million of new cash, according to the Investment Co...
Okay, we know--with a new currency crisis or regional meltdown seeming to come along every few months, it's hard to get too enthusiastic about foreign investing. The average international stock fun...
The Great American Growth Machine has now been humming uninterruptedly since March 1991--95 solid months--the longest peacetime expansion ever. And barring some sudden economic calamity of epic pro...
In naming Asia's Businessman of the Year, FORTUNE's Asian edition chose Cheong Choong Kong, CEO of Singapore Airlines, a leader who's unusual on a number of counts. Most important, at a time when A...
Having just urged you to play it safe in most of your portfolio, we now propose something radical for that small corner where you keep your mad money: Asian stocks.
If the Northwest Airlines strike had you worried about losing miles on the airline's WorldPerks program that were due to expire at the end of the year, don't sweat it: Northwest has extended the pr...
The financial crisis that started in Asia last year has claimed a lot of victims, but it has also revived an American institution. At the beginning of the 1990s, Foreign Affairs, the highbrow polic...
Ever since the Asian economies started unraveling last year, China has stood out as a beacon of hope. It kept its economic engine humming while countries like Thailand, Indonesia, and Korea headed ...
I've led and worked on projects in Bolivia, Nicaragua, Guatemala, Panama, Tunisia, Sri Lanka, and South Africa. And I've found that international experience, decision-making authority, and sound ju...
Whatever happens next, the Great Asian Slump is already one for the record books. Never in the course of economic events--not even in the early years of the Depression--has so large a part of the w...
Most free-market economists like exchange controls about as much as a vampire likes garlic. It's easy to see why. When a country tries to set the value of its currency artificially, all sorts of in...
Listen up. Paul Krugman has something very important and very un-e.c. (economically correct) to say about the careening disaster in Asia. And it's hard to argue that the MIT economist and FORTUNE c...
A terrifying one-day drop in the Dow. Mounting problems in Asia. And a daily drumbeat of warnings that Wall Street's Day of Reckoning is at hand.
The troubles in Asia are dampening the spirits of American businesses. The FORTUNE Business Confidence Index sank to 139 in mid-June from 174 the previous month. This is the most pessimistic our re...
Just when it seemed things couldn't get much worse in Asia, they did. This time the culprit was the Japanese yen, which in mid-June fell to an eight-year low against the dollar. The fear now is tha...
It was last October when Asia's economic crisis first terrorized Wall Street. Optimism prevailed, and the market shrugged it off and soared to new records. The "A" place receded to the back of inve...
With the trade gap widening to historic proportions, the predictable hand-wringing has set in over America's import dependency. But imports have been rising for decades--shooting upward, in fact, a...
Riots in Indonesia. Nuclear tests in India and Pakistan. You'd think the U.S. stock market would be tumbling. But so far, the troubles in Asia have actually benefited U.S. investors, by keeping int...
For the past year, economic analysts have been chanting, mantra-like, "There is no inflation," as the strong dollar, the financial crisis in Asia, and favorable conditions in the oil market have dr...
As one Asian economy after another has melted down, politicians and pundits have all emphasized that there is no cause for alarm because Asia's "sound economic fundamentals" provide the basis for a...
After reading the previous story, you're presumably disabused of the notion that stocks are for sophisticated investors and funds are for wimps. Everyone, regardless of investing savoir faire, can ...
She's not in the same league as Oprah or Kathie Lee, but to viewers who can't get enough stock market coverage, Elizabeth Mackay is a daytime TV phenom in her own right. A sturdy regular on CNBC's ...
With the labor market as tight as it's ever been, and with wages rising and economic growth outpacing the best years of the 1980s, a little unrest in financial circles would come as no surprise. Bu...
In the minds of the bulls, Asia was the force that would pull gold out of its long decline. Asians are famously fond of gold jewelry, which they regard both as a status symbol and a hedge against h...
Economic meltdown in Asia, impending war in Iraq, a lurid sex scandal in the White House, torrential rains in California. A lot to worry about? Sure, but not enough to undermine corporate America's...
The Dow is hitting new highs, and Asia has begun to morph into a positive--the market thinks it reduces the risk of inflation. Dell Computer announced sales gains of 79% in Asia, lending credence t...
Now that half a year has elapsed since the onset of the East Asian financial crisis, a couple of things have become clear: One is that we're witnessing a classic currency and banking crisis--not so...
One day the gurus say that Asia could end this bull market; the next they say it's no big deal. All the confusion requires a reality check. In this space, FORTUNE will take a regular look at U.S. c...
There is a part of me that is excited, even happy, about Asia's financial crisis. You see, financial disasters are one of my specialties. The very first serious economics paper I ever wrote, more t...
On a trip to Thailand in January 1997, Mark Madden, manager of the $156 million Pioneer Emerging Markets Fund, visited some two dozen companies asking: How much of the foreign currency debt on your...
The economic crisis in Asia saddled investors in emerging markets stock funds with double-digit losses last year. But shareholders in Peregrine Asia Pacific Growth face a problem beyond mere lousy ...
YES, EVEN IN THOSE VOLATILE EMERGING MARKETS
When health officials in Hong Kong ordered the slaughter of the island's 1.3 million chickens this past January, a cynic might have expected New York Stock Exchange traders to start hoarding Chicke...
There are good reasons for U.S. lawmakers not to approve the $18 billion IMF loan the Clinton Administration wants to prop up Asian economies. From the political left, there's the complaint that th...
The superlatives are flying. Singapore Prime Minister Goh Chok Tong calls it "Asia's worst crisis since the Second World War." Others say it may pose the biggest threat to world economic and politi...
We at FORTUNE have long been convinced Asia represents one of the biggest stories on the planet. Over the past 18 months we've acted on that belief, hiring six top journalists in the region and ope...
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