Asia-Pacific News Australia


  • Asia Ends Mixed Ahead of US Jobs Data Friday, 7 Jan 2011 | 5:50 AM ET

    Asian markets ended mixed on Friday as investors stayed cautious ahead of the U.S. nonfarm payrolls report.

  • Asia Ends Mixed; Nikkei at 8-Month High Thursday, 6 Jan 2011 | 5:27 AM ET

    Japanese shares rallied on Thursday as investors snapped up shares of Japanese exporters after the dollar hit two-week highs against the yen, but markets elsewhere in Asia were more subdued ahead of the influential U.S. non-farm payrolls report. 

  • Asia Stocks End Mixed; Resources Dip Wednesday, 5 Jan 2011 | 6:24 AM ET

    Asian markets closed mixed on Wednesday following a broad commodities selloff but losses were limited as stronger-than expected U.S. factory data lent support.

  • Australia

    Fixed income investment firms have found the global marketplace successful, specifically non-dollar bonds, as opposed to bonds in the United States, Jason Brady, head of fixed income at Thornburg Investment, told CNBC on Tuesday.

  • Japan Leads Asia on Signs of US Recovery Tuesday, 4 Jan 2011 | 4:35 AM ET

    Japanese stocks led Asian equities higher on Tuesday, climbing to their highest since May, with investors betting the improving U.S. recovery may be reflected in jobs data later in the week.

  • Currency Trade of the Week Monday, 3 Jan 2011 | 6:20 PM ET

    In this new segment, one of the market's top traders gives us the country where the fastest money in the world is moving next.

  • Seoul Closes at Record High; HK Leaps Monday, 3 Jan 2011 | 4:37 AM ET

    South Korean shares stole the limelight on the first trading day of 2011 as the KOSPI rose nearly 1 percent to end at a record closing high. But volume was thin overall with many major markets closed for a public holiday.

  • Millions Gathering Worldwide to Ring in New Year Friday, 31 Dec 2010 | 11:46 AM ET

    Multicolored starbusts and gigantic sparklers lit the midnight sky over Sydney Harbor in a dazzling fireworks show witnessed by 1.5 million enthusiastic spectators who camped out all day to ring in the new year.

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    Can money buy happiness? We’ve all heard that money can’t by you love, now comes the news that once you reach a certain level, it can’t even buy you happiness.

  • austria_flag_200.jpg

    It’s no accident that Austrian economics is newly popular. It provides the best explanation for the business cycle we just lived through.

  • North Koreans Unveil Vast New Plant for Nuclear Use Sunday, 21 Nov 2010 | 10:26 AM ET
    Commune group brought to bow to Great Leader on Grand Monument, Pyongyang, North Korea, Asia

    North Korea showed a visiting American nuclear scientist earlier this month a vast new facility it secretly and rapidly built to enrich uranium, confronting the Obama administration with the prospect that the country is preparing to expand its nuclear arsenal or build a far more powerful type of atomic bomb, the New York Times reports.

  • Tiger Woods

    What a difference a year makes. Twelve months ago Tiger Woods arrived in Melbourne for the Australian Masters in a blaze of glory. He was on track to becoming the sporting world's first billionaire and celebrated as one of the greatest golfers in history. He then went on to win the tournament by 2 shots, taking out his 71st PGA victory.

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    The Melbourne Cup may be known as the race that stops the nation, but with the big event expected to generate over A$700 million for the Australian economy, it could also be known as the race that's supports the nation.

  • US Fears Grow Over Catching Japan Economy Slowdown Sunday, 31 Oct 2010 | 8:57 PM ET
    Japanese Flag

    American policy makers have long been confident, even during the darkest days of the current financial crisis, that the United States could avoid the fate of Japan and its two lost decades. But that has changed, reports the New York Times.

  • Chinese Computer Trumps US One as World's Fastest Thursday, 28 Oct 2010 | 9:55 AM ET

    A Chinese scientific research center has built the fastest supercomputer ever made, replacing the United States as maker of the swiftest machine, and giving China bragging rights as a technology superpower. The New York Times reports.

  • Macquarie Shakes Up Infrastructure Business Wednesday, 27 Oct 2010 | 7:04 AM ET

    Macquarie Group, the Australian bank, has shaken up its infrastructure investment business by cutting more than a 10th of its staff, curtailing the life of its latest European fund and granting investors a discount on fees.

  • Yoshikami: This Asia Merger Means Something To You Monday, 25 Oct 2010 | 9:29 AM ET

    With the announcement that the Singapore Stock Exchange plans to acquire its Australian counterpart, it is clear that Asia’s growing role as the financial center of the world is gaining strength.

  • In India, Workers Find Humor in ‘Outsourced’ Monday, 25 Oct 2010 | 8:16 AM ET
    Mumbai, India

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  • Who Wants To Be A Billionaire? Monday, 25 Oct 2010 | 6:58 AM ET
    Trainer Nathan Tinkler looks on during the Cox Plate Breakfast With The Best trackwork at Moonee Valley on October 21, 2008 in Melbourne, Australia

    Nathan Tinkler seems like your average man. He’s a trained electrician, with a young family, and has a passion for racing and V8 super cars. But this 34-year-old, is not your everyday Australian. With a personal fortune of A$610 million ($596 million) earned in the space of just a few years, Nathan Tinkler is on track to becoming Australia’s youngest  and fastest-ever self-made billionaire.

  • china_mining_200.jpg

    China, which has been blocking shipments of crucial minerals to Japan for the last month, has now quietly halted shipments of some of those same materials to the United States and Europe, three industry officials said on Tuesday. The NYT reports.