Asia-Pacific News Australia


  • 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

    abstract goes here

  • 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.

  • Japan Goes From Dynamic to Disheartened Sunday, 17 Oct 2010 | 9:47 AM ET
    Kobe, Japan

    Like many members of Japan’s middle class, Masato Y. enjoyed a level of affluence two decades ago that was the envy of the world. Masato, a small-business owner, bought a $500,000 condominium, vacationed in Hawaii and drove a late-model Mercedes.

  • Australia Business Confidence Dips in Sept: Survey Monday, 11 Oct 2010 | 9:38 PM ET
    Sydney Harbor Bridge & skyline

    Australian business confidence eased from three-month highs in September but the slight pull-back was accompanied by a sharp rise in sales and higher profits, a fresh survey showed on Tuesday.

  • Upstream Chinese consumer staples are attractive investments due to the rising expectation of inflation, said Eddie Lau, regional head of consumer research at Citi.

  • Sidestep USTs, Buy Aussie Bonds Instead: Fund Manager Wednesday, 8 Sep 2010 | 5:32 AM ET

    There is not much upside to investing in U.S. Treasurys in light of the nation's massive fiscal spending, said Michael Hasenstab, senior VP & portfolio manager at Franklin Templeton Fixed Income Group.

  • QBE Insurance Profit Plummets in First-Half Wednesday, 18 Aug 2010 | 11:39 PM ET

    QBE Insurance, Australia's top insurer by premium, said its acquisition pipeline remains strong and aims to get back to an insurance profit margin of 16-18 percent for the year after posting a 39 percent fall in half-year profits.

  • No Double-Dip Recession for World: Richard Branson Tuesday, 27 Jul 2010 | 2:40 AM ET

    The global economy will steer clear of a double dip recession, said Richard Branson, founder of the UK's Virgin Group, adding that he believes the "world is getting back on its feet."

  • Shanghai's Slide Weighs on Asian Shares Tuesday, 13 Jul 2010 | 11:34 AM ET

    Asian stock markets were mostly lower on Tuesday, as the Shanghai Composite Index's sharp slide weighed on sentiment but the declines were capped by Alcoa's stronger-than-expected quarterly profit reported after the close of U.S. trade.

  • Asian Stocks End Mostly Higher; Nikkei Slips Monday, 12 Jul 2010 | 6:43 AM ET

    Most Asian markets chalked up  modest gains Monday, after Wall Street closed out its best week in a year on Friday.

  • Nikkei Logs Best Weekly Gain in 7 Months Friday, 9 Jul 2010 | 3:13 AM ET

    Asian stocks trekked higher on Friday after a fall in U.S. jobless claims and solid sales reports by large retailers lifted Wall Street for a third straight day.

  • Asian Stocks Surge After Wall Street Rally Thursday, 8 Jul 2010 | 6:15 AM ET

    Asian stocks were up sharply on Thursday, after optimism over the upcoming earnings season sparked a rally on Wall Street, driving the Dow up 2.8 percent.

  • Asian Stocks Ends Lower Despite US Gains Wednesday, 7 Jul 2010 | 8:07 AM ET

    Asian stocks ended mostly lower Wednesday, failing to capitalize on a stronger finish on Wall Street, as doubts about global economic growth persisted.

  • China's Strong Rebound Lifts Asian Markets Tuesday, 6 Jul 2010 | 6:53 AM ET

    Asian markets reversed course on Tuesday, turning positive as a strong rebound in Chinese stocks lifted sentiment.

  • Asia Gains, Economic Fears Drag on China Monday, 5 Jul 2010 | 3:11 AM ET

    North Asian markets edged higher on Monday as investors picked up beaten-down stocks, shrugging off the weaker-than-expected U.S. jobs report which rattled Wall Street on Friday. But shares in China led the decliners, hurt by fears of a slowdown in the Chinese economy.

  • Asian Stocks Mixed, Eye US Payrolls Data Friday, 2 Jul 2010 | 3:44 AM ET

    Major Asian indexes traded mix on Friday, with some markets turning around after several consecutive sessions of downward trading. But the mood was cautious after weak U.S. economic data and signs of a slowdown in China fanned fears about the global recovery.

  • Asian Markets Slide; Nikkei at 7-Month Low Thursday, 1 Jul 2010 | 7:17 AM ET

    Asian markets opened lower Thursday, following yet another daily decline on Wall Street, with Japan's Nikkei hitting a seven-month low.

  • Asia Slides on Global Growth Worries Wednesday, 30 Jun 2010 | 3:15 AM ET

    Asian stocks  tumbled after renewed jitters about the global economic outlook sparked a selloff on Wall Street, sending U.S. stocks to their lowest levels for the year.