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World Economy Asia-Pacific News


  • China's flood of problem loans to stretch bad banks Thursday, 15 Aug 2013 | 8:47 PM ET

    Goldman Sachs economists wanted to bring their global clients up to speed on the risks in China's credit boom.

  • What’s really holding back growth in India Thursday, 15 Aug 2013 | 8:00 AM ET

    India's economic growth slowdown will not last long as the government moves to make foreign investment easier, the country's prime minister said on Thursday.

  • Why it may be time to wade back into Emerging Asia Thursday, 15 Aug 2013 | 6:26 AM ET
    Jakarta, Indonesia

    The U.S. Federal Reserve tapering fears spurred an en masse stampede of funds from many regional markets and currencies. But as the dust begins to settle, some managers are calling attractive re-entry points.

  • The boom in emerging markets is over, according to Arnab Das, managing director of market research and strategy at Roubini Global Economics.

  • Can 'Iron Man' star turnaround HTC's fortunes? Thursday, 15 Aug 2013 | 3:20 AM ET
    Actor Robert Downey (L) Jr.and the comic book character Iron Man ring the opening bell in celebration of 'Iron Man 3' at the New York Stock Exchange on April 30, 2013 in New York City.

    Taiwanese smartphone maker HTC has launched a $1 billion global ad campaign with a commercial featuring U.S. film star Robert Downey Jr., in the hope of turning around its fortunes.

  • Japan's foreign bond binge hits three-year high Thursday, 15 Aug 2013 | 1:39 AM ET

    Weekly purchases of foreign bonds by Japanese investors surged to a three-year high last week, as low domestic rates encouraged local institutions to search for higher returns overseas.

  • Onions the new headache for India’s central bank? Thursday, 15 Aug 2013 | 12:23 AM ET

    India saw inflation rate climb to 5.79 percent in July, its fastest pace in five months and above the 5 percent economists had expected.

  • Head of Fonterra’s milk division resigns Wednesday, 14 Aug 2013 | 10:41 PM ET

    The executive of Fonterra's milk business has resigned in the wake of a food safety scare that has threatened to damage the reputation of the world's largest dairy exporter.

  • Is an Apple, China Mobile tie-up imminent? Wednesday, 14 Aug 2013 | 8:27 PM ET

    The stars may finally be aligning for a long-awaited deal between Apple and China Mobile that could help the iPhone maker claw back lost ground in its most important growth markets.

  • Indian sailors die in explosion on submarine Wednesday, 14 Aug 2013 | 4:19 AM ET

    Eighteen Indian sailors were trapped and some were killed after an explosion and fire on a diesel-powered submarine berthed at a base in Mumbai on Wednesday.

  • China’s rebound could stall once this quarter is over Wednesday, 14 Aug 2013 | 3:17 AM ET

    Just as China’s economy is beginning to show some signs of a pickup, allaying fears of a hard landing scenario, economists are already warning that the upturn may be short-lived.

  • In India, newspapers are enjoying growth Wednesday, 14 Aug 2013 | 1:18 AM ET

    Newspaper executives in the US or Europe can only fantasize about the problems confronting their Indian peers: how to source the extra newsprint for rising circulations.

  • Japan begins deadliest part of nuclear clean-up Wednesday, 14 Aug 2013 | 12:59 AM ET
    One of Tokyo Electric Power's (TEPCO) nuclear power plants.

    The operator of Japan's crippled Fukushima nuclear plant is preparing to remove 400 tons of highly irradiated spent fuel from a damaged reactor building.

  • Is this the only way out of EM's rut? Tuesday, 13 Aug 2013 | 11:18 PM ET

    Emerging markets have opened up to investment and should have a raft of enactments of new investment-friendly legislation. Yet in the past decade, momentum has slowed.

  • The fall in the rupee has been grabbing market attention, but the focus could soon shift to the Indonesian rupiah, which could suffer the same fate as the embattled Indian currency.

  • India slaps on more gold duties to defend rupee Tuesday, 13 Aug 2013 | 10:57 PM ET

    India raised import taxes on gold and silver but concerns about the slowing economy and fears of more capital outflows kept up pressure on the ailing rupee.

  • China ends Japan's hold on Korean tourism Tuesday, 13 Aug 2013 | 7:20 PM ET

    China has overtaken Japan in visitor numbers to South Korea for the first time on record in the first half of this year, ending Japanese dominance of the market, says Nomura.

  • Most expensive place to study? Not for much longer Tuesday, 13 Aug 2013 | 4:08 PM ET

    Australia is the world's most expensive destination for foreign students, but thanks to a weakening currency, the popular venue is set to become more affordable.

  • China drives the Ford Focus to No. 1 Tuesday, 13 Aug 2013 | 1:05 PM ET
    A 2013 Ford Focus

    In a sign of its growing strength in China, Ford said that demand there for the Focus helped make the model the world's top-selling car in the first quarter.

  • China investigating carmakers over pricing Tuesday, 13 Aug 2013 | 8:00 AM ET

    A Chinese automotive association is collecting data on the price of all foreign cars sold in the country for a government agency that has fined companies for price-fixing in sectors ranging from milk powder to jewelry.

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