World Economy Asia-Pacific News


  • BOJ keeps massive monetary stimulus intact Tuesday, 7 Apr 2015 | 11:37 PM ET

    The Bank of Japan (BOJ) on Wednesday kept its massive monetary stimulus intact, as widely expected, reiterating that the world's number three economy is recovering moderately.

  • Singtel buys US cyber security firm for $810M Wednesday, 8 Apr 2015 | 2:44 AM ET

    Singtel agreed to buy U.S.-based cyber-security firm Trustwave for $810 million, in a deal that will expand its cloud-based services.

  • Lapsed tenders hurt Modi's defense industry push Tuesday, 7 Apr 2015 | 8:12 PM ET
    India's Prime Minister, Narendra Modi.

    Indian firms have spurned $15B in tenders to make weapons since 2013, a blow to Prime Minister Narendra Modi and his drive to wean the country off imported arms.

  • Japan Inc says sayonara to long working hours Tuesday, 7 Apr 2015 | 7:39 PM ET

    Japan’s salary-men are saying sayonara to the country’s culture of overwork — with the backing of Prime Minister Shinzo Abe.

  • A Chinese win at IMF no one-way bet for yuan Tuesday, 7 Apr 2015 | 7:18 PM ET

    The IMF might include the Chinese yuan in its official basket of reserve currencies, but slowing growth in China is likely to limit the impact of the victory.

  • Grey skies ahead as AirAsia X eyes US Tuesday, 7 Apr 2015 | 7:14 PM ET

    One of Asia's leading budget carriers will spread its wings to the U.S. this year, but experts are cautious on how profitable the new route will be.

  • Is Sharp running out of options? Tuesday, 7 Apr 2015 | 6:42 PM ET
    Advertisements of Japanese electronics giant Sharp are displayed at an electric shop in Tokyo.

    News that Sharp may be moving to spin off its LCD panel-making unit has buoyed appetite for its stock, but analysts remain unsure about the outlook for the troubled consumer electronics giant.

  • Will the Bank of Korea surprise markets again? Tuesday, 7 Apr 2015 | 6:45 PM ET

    The Bank of Korea (BOK) may cut its growth and inflation forecasts at Thursday's policy meeting, but it's likely to hold the line against calls for more interest rate cuts.

  • BOJ faces reality check on inflation target Tuesday, 7 Apr 2015 | 6:42 PM ET

    The Bank of Japan has failed to achieve its two percent inflation target, but analysts say policymakers alone are not to blame.

  • The China gambit that has US leaders on edge Tuesday, 7 Apr 2015 | 2:40 PM ET
    A Chinese contractor directs Kenyan casual laborers at a construction site in Nairobi, Kenya.

    The Asia Infrastructure Investment Bank is positioning itself as an Asia-centric alternative to the World Bank and International Monetary Fund.

  • Is the tide turning for Samsung? Monday, 6 Apr 2015 | 11:19 PM ET

    Samsung's first quarter operating profit guidance surpassed estimates on Tuesday, and analysts say this could be the "first glimpse of a turnaround."

  • India keeps lending rate unchanged at 7.5% Tuesday, 7 Apr 2015 | 1:32 AM ET

    The Reserve Bank of India (RBI) left its benchmark lending rate unchanged on Tuesday but kept the door open for further easing.

  • RBA votes for no rate cut, sending Aussie soaring Tuesday, 7 Apr 2015 | 12:30 AM ET

    The RBA put off a cut in interest rates by another month, keeping borrowing costs steady at a record low of 2.25 percent on Tuesday.

  • Japan and China to discuss AIIB in June Monday, 6 Apr 2015 | 8:02 PM ET

    Japanese and Chinese finance officials plan to meet in June to discuss the Beijing-led Asian Infrastructure Investment Bank.

  • Why Japan's factories won't be going home Monday, 6 Apr 2015 | 10:02 PM ET

    Despite hopeful local media reports and a weaker yen, Japanese companies won't be moving their factories back home anytime soon, analysts say.

  • China pressures small miners as iron ore slides Monday, 6 Apr 2015 | 7:37 PM ET
    Two employees tie up steel bars at a steel-making plant in Ganyu, China. ThyssenKrupp has seen an increase in exports from China.

    Chinese steelmakers are helping the biggest miners tighten their grip on iron ore production by paying the depressed spot prices.

  • Samsung tips above-view 1Q operating profit Monday, 6 Apr 2015 | 7:32 PM ET
    Curved UHD televisions are displayed at the Samsung booth at the 2014 International CES in Las Vegas, Nevada.

    Samsung Electronics tipped above-view operating profit for the first quarter on Tuesday, but the figures marked a sharp decline from the year-ago period.

  • Shake up ahead for Singapore's telco sector? Monday, 6 Apr 2015 | 6:55 PM ET

    Singapore's mobile landscape long dominated by three telco operators faces the prospect of a fourth competitor as soon as 2016.

  • This is slowing renewables’ advance in Asia Monday, 6 Apr 2015 | 6:45 PM ET
    Two Uighur children play around the solar panels in the remote Bulunkou township in the mountains south of Kashgar, Xinjiang, China.

    Across Asia, governments are trying to boost renewables' share of the energy mix, but often, there's one big obstacle holding projects back: money.

  • This trade on Japan can double your money: Trader Monday, 6 Apr 2015 | 3:51 PM ET
    Bank of Japan headquarters in Tokyo.

    Stacey Gilbert of Susquehanna explains how to use options to profit from the Bank of Japan meeting this week.

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