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Asia-Pacific News Australia


  • Crises in Japan Ripple Across Global Economy Monday, 21 Mar 2011 | 5:27 AM ET
    80-year-old Sumi Abe is rescued from her destroyed house nine days after the 9.0 magnitude earthquake and tsunami on March 20, 2011 in Ishinomaki, Miyagi, Japan.

    In the wake of Japan’s cascading disasters, signs of economic loss can be found in many corners of the globe, from Sendai, on the battered Japanese coast, to Paris to Marion, Ark., reports the New York Times.

  • The Most Costly Earthquakes of All Time Tuesday, 15 Mar 2011 | 3:07 PM ET
    The March 2011 earthquake off the coast of Japan has rocked international markets as the world tries to gauge the reality of the human and economic devastation in the country. Japan's 9.0 magnitude earthquake is a rare event, according to the US Geological Survey (USGS). Globally we experience an average of only one earthquake above an 8.0 magnitude each year. This, of course, varies from year to year, with the most recent examples being four 8.0+ magnitude earthquakes in 2007 and zero in 2008.

    The March 2011 earthquake off the coast of Japan has rocked international markets as the world tries to gauge the reality of the human and economic devastation in the country.

  • Nikkei, Topix Hit 2-Year Lows on Kan's Warning Tuesday, 15 Mar 2011 | 5:54 AM ET

    Japanese shares plunged on Tuesday as fresh explosions rocked a damaged nuclear plant and triggered a rise in radiation levels, sending investors fleeing from riskier assets such as equities and commodities across Asia.

  • Nikkei Plunges 6.2% After Deadly Quake Monday, 14 Mar 2011 | 5:25 AM ET

    Asian stocks outside Japan edged up on Monday, with demand for commodity-related shares offsetting the steep drop in Japanese markets following a massive earthquake and tsunami.

  • Asia Stocks Lower, Nikkei Futures Drop on Quake Friday, 11 Mar 2011 | 5:21 AM ET

    Nikkei futures tumbled on Friday after a massive 8.9 magnitude earthquake hit northeast Japan, causing many injuries.

  • Poll: Have The Recent Disasters Put You Off Travelling to Australia?

  • Asian Stocks Lower, Hurt by Oil Surge Thursday, 10 Mar 2011 | 5:11 AM ET

    Asian shares opened lower on Thursday following declines in the overnight U.S. session. A sell-off in chip stocks hurt tech counters in South Korea, while a decline in commodities weighed on Australia's commodity heavy index.

  • Asian Stocks Mixed After Oil Prices Ease Wednesday, 9 Mar 2011 | 5:58 AM ET

    Stocks in Japan and South Korea opened higher on Wednesday, helped by an overnight rally on Wall Street.

  • Asian Stocks Higher, Mideast Unrest Caps Gains Tuesday, 8 Mar 2011 | 6:18 AM ET

    Asian stocks rose on Tuesday but gains were limited as investors worried higher energy prices could stunt the global economic recovery. 

  • Asia Down, Libya Outweighs US Jobs Data Monday, 7 Mar 2011 | 5:13 AM ET

    Asian stocks fell on Monday, as fears of more turmoil in the Middle East and higher oil prices overshadowed solid U.S. payroll data.

  • Asia on Track for Best Weekly Rise in 3 Months Friday, 4 Mar 2011 | 7:30 AM ET

    Asian stocks rose on Friday, responding to growing confidence in the U.S. economic outlook, which fueled a rally on Wall Street and sent commodity prices higher.

  • Asian Stocks Rise on Upbeat US Data Thursday, 3 Mar 2011 | 5:14 AM ET

    Asian stocks edged higher on Thursday, as gains on Wall Street lifted sentiment and offset worries about surging oil prices due to turmoil in the Middle East.

  • Asian Stocks Tumble as Oil Marches Higher Wednesday, 2 Mar 2011 | 4:28 AM ET

    Asian stocks fell on Wednesday, with declines on Wall Street and continued rises in crude oil prices dampening investor sentiment and weighing on issues that are sensitive to energy prices.

  • Asian Stocks Track Wall Street's Gains Tuesday, 1 Mar 2011 | 5:10 AM ET

    Asian stocks rose on Tuesday, tracking U.S. shares which gained on optimistic remarks from influential investor Warren Buffett, while Chinese manufacturing growth slowed to a six-month low. 

  • Asian Stocks Advance, but Gains Capped Monday, 28 Feb 2011 | 2:52 AM ET

    Asian shares rose on Monday as financial shares clawed back some of last week's losses and higher oil prices buoyed energy stocks, but gains were capped by fears of futher outflows from emerging equities to developed markets. 

  • Asian Stocks Nudge Higher as Oil Backs Down Friday, 25 Feb 2011 | 2:52 AM ET

    Asian stocks traded higher as oil backed off from $120 a barrel on rumors Libya's Muammar Gaddafi had been shot, prompting a corresponding recovery in U.S. equities the day before.

  • Asian Markets Trade Mixed, Nikkei Ends Down 1% Thursday, 24 Feb 2011 | 2:10 AM ET

    Asian stocks weakened after Wall Street extended losses as violence in Libya prompted a spike in oil prices.

  • Asian Stocks Extend Losses on Libya Turmoil Wednesday, 23 Feb 2011 | 1:33 AM ET

    Asian stocks fell for a second day as investors pull out from riskier assets, with turmoil in Libya driving crude oil prices to 30-month highs and sparking worry of slower global growth.

  • Asian Stocks Drop, Libya Spurs Profit-Taking Tuesday, 22 Feb 2011 | 2:06 AM ET

    Japan's Nikkei average fell 2 percent on Tuesday, away from 9-1/2-month highs and its first decline in seven days, as turmoil in the Middle East triggered profit-taking in blue-chip shares.

  • Mideast Unrest Triggers Profit Taking in Asia Monday, 21 Feb 2011 | 1:57 AM ET

    Asian shares mostly eased on Monday as spreading tensions in Libya and other oil-producing regions encouraged some mild profit taking after last week's solid gains.