Asia

Aflac CEO: Business in Japan is Thriving

American Family Life Assurance Co. (Aflac), known in the U.S. for its infamous duck commercials, is now the largest provider of individual insurance in Japan.

Japan's Economy Dodges Recession in 1Q

Japan's economy expanded at the fastest pace in a year in the first quarter, thanks in part to a leap year consumption boost, but analysts say the rebound is not strong enough to dispel concerns over a contraction this quarter.

Nikkei Falls to Near 3-Week Low on Stronger Yen

Japanese stock indexes tumbled to near a three-week low on Monday after the yen hit a fresh 18-month high against the dollar. Markets in China and Hong Kong were closed for holidays.

Kyle Bass: 40-50% Chance of Brief U.S. Recession

Kyle Bass, the famed hedge fund manager, who successfully called the subprime crisis in 2008 before it nearly destroyed the U.S. financial system, is climbing a new wall of worry; Asia’s impact on the U.S.