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Asia-Pacific News


  • Tsinghua Holdings to buy chipmaker Spreadtrum Friday, 12 Jul 2013 | 8:58 AM ET
    An engineer at Spreadtrum Communications Inc., tests a mobile phone in an Antenna Mesurement System (anechoic chamber) at the company's facility in Shanghai, China.

    Chinese cellphone chip designer Spreadtrum Communications will be acquired by a unit of government-owned Tsinghua Holdings for a raised offer price of about $1.78 billion.

  • An Asian Economy's Huge Move to Lure Capital Back Friday, 12 Jul 2013 | 1:28 AM ET

    Indonesia surprised with a rate hike twice the size of what the market expected, which the central bank says will bring capital back to the country and support its flagging currency.

  • Is it time for China to push its currency lower? Friday, 12 Jul 2013 | 12:41 AM ET
    Figurines of manual workers pushing Chinese coins on push carts.

    China's slowing economy has led to talk of whether the central bank should encourage the yuan to weaken, helping struggling exports. Analysts say such a move would be the wrong medicine.

  • After the Fed, Here's Who Can Save the Markets Thursday, 11 Jul 2013 | 11:01 PM ET

    The Bank of Japan's hefty monetary stimulus should compensate for any unwinding of the U.S. Federal Reserve's ultra-easy monetary policy and that should support markets, analysts say.

  • China Finance Minister Sees 7% Growth in 2013 Thursday, 11 Jul 2013 | 10:19 PM ET

    China's finance minister, Lou Jiwei, said he expects the country's economic growth for 2013 to come in at 7 percent, the official Xinhua news agency reported on Friday.

  • Swiss National Bank Sets Itself Up in...Singapore? Thursday, 11 Jul 2013 | 8:41 PM ET

    Swiss National Bank begins operations in Singapore, seeking to better manage its portfolio of assets denominated in the region's currencies. The Financial Times reports.

  • US, China disagree over handling of Snowden Thursday, 11 Jul 2013 | 8:13 PM ET

    Senior U.S. and Chinese officials sharply disagreed on Thursday over China's handling of fugitive Edward Snowden, who was allowed to leave Hong Kong last month.

  • Singapore Growth Soars 15.2% in Second Quarter Thursday, 11 Jul 2013 | 8:06 PM ET
    Singapore's business district skyline at dusk

    Singapore's economy grew a much stronger-than-expected annualized 15.2 percent in the second quarter from the first, its strongest showing in more than two years, data showed.

  • China Swaps Fireworks for Frugality at National Games Thursday, 11 Jul 2013 | 8:02 PM ET
    Birds Nest Stadium in Beijing, China.

    Fireworks are out and frugality is in at China's national games as edicts require officials to tighten their belts as the economy slows. The Financial Times reports.

  • Smog-Choked China Plans to Restrict Car Purchases Thursday, 11 Jul 2013 | 1:23 PM ET
    Smog chokes Beijing in this photo taken June 5, 2013.

    China plans new restrictions on vehicle sales in eight more cities in hopes it can curtail its worsening smog problems as roads become choked with traffic.

  • Fish oil may raise risks of prostate cancer Thursday, 11 Jul 2013 | 12:40 PM ET

    In a recent study, fish oil proved dangerous for men who have high levels of the compounds because it raises the risk of prostate cancer.

  • China could 'shock' markets with big GDP miss Thursday, 11 Jul 2013 | 8:03 AM ET

    Weak trade data has led Lombard Street Research to warn that China could shock markets with a quarter-on-quarter contraction in GDP.

  • China Says Glaxo Executives Confess to Bribing Doctors Thursday, 11 Jul 2013 | 4:42 AM ET

    Executives of British drug maker GlaxoSmithKline in China have confessed to charges of bribery and tax law violations, China's security ministry said on Thursday.

  • Will China Experience a 'Hard Landing' in 2013? Thursday, 11 Jul 2013 | 4:11 AM ET
    Beijing, China.

    So how do you think the Chinese economy fared in the second quarter? Cast your vote in our online poll.

  • China Slowdown: This Rival Could Be a Winner Thursday, 11 Jul 2013 | 2:38 AM ET

    As the world's second largest economy suffers a deepening slowdown, neighboring rival India could be a major benefactor from China's lackluster performance, say economists.

  • Bank of Japan Gives Markets Exactly What They Need Thursday, 11 Jul 2013 | 2:06 AM ET

    A lack of action from the Bank of Japan may not be what the markets want, but some analysts argue that a consistent central bank is exactly what the markets need right now.

  • Hedge Funds End Seven- Month Winning Streak Thursday, 11 Jul 2013 | 2:01 AM ET

    Hedge funds around the world saw negative returns in June to end seven months of straight gains amid a broad pull-back in equity markets, with those in Asia ex-Japan the worst hit.

  • China's Smog - What Are the Economic Costs? Thursday, 11 Jul 2013 | 1:39 AM ET
    Taken through a glass window, buildings are obscured by haze in Beijing, China.

    A report that increasing air pollution in China is cutting short the life span of people is yet another piece of bad news for the country struggling with decade-slow growth.

  • Who Just Unseated HP as the World's Biggest PC Maker? Wednesday, 10 Jul 2013 | 11:55 PM ET

    China's Lenovo overtook U.S. tech giant Hewlett-Packard (HP) to become the No. 1 personal computer (PC) maker in the world, according to two technology research firms Gartner and IDC.

  • JPMorgan Says It's Still Not Sold on Japan Wednesday, 10 Jul 2013 | 11:36 PM ET

    When it comes to investing in the Nikkei stock index, one bank remains unconvinced by Japan's recovery story.

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