Asia-Pacific News


  • Record Number of Chinese Graduates—And No Jobs Sunday, 16 Jun 2013 | 10:33 PM ET
    Young jobseekers in China

    Students will graduate from universities and colleges across China in the coming weeks, but their job prospects appear bleak — the latest sign of a troubled Chinese economy.

  • Fed in Driving Seat for Asian Markets This Week Sunday, 16 Jun 2013 | 8:13 PM ET
    Federal Reserve Board Chairman Ben Bernanke

    The main driving force for Asian markets in the week ahead is expected to come from the Federal Reserve, which will be holding a two-day policy meeting.

  • Rising Bond Yields the True Test for Abenomics Sunday, 16 Jun 2013 | 8:04 PM ET
    Japanese Prime Minister Shinzo Abe

    Banks, unable to make money on their JGBs, have begun sloughing off their holdings, putting upward pressure on yields.

  • How a Gold Fetish is Killing India's Economy Sunday, 16 Jun 2013 | 7:57 PM ET

    Investors are fleeing gold, whose price has slumped 10 percent over the past 3 months. But Indians are so gold crazy they're sacrificing their country's economy. The GP reports.

  • Did Analysts Fall Under Samsung's Marketing Spell? Sunday, 16 Jun 2013 | 7:27 PM ET
    People interact with the Samsung Galaxy S IV, March 14, 2013 in New York City.

    Analysts fell under Samsung Electronics marketing spell when they made what they now admit were hopelessly optimistic forecasts.

  • North Korea Wants High-Level Talks With US Sunday, 16 Jun 2013 | 5:22 AM ET
    A steam plume rises from a nuclear reactor at Yongbyon, North Korea.

    North Korea on Sunday offered high-level talks with the US, only days after it cancelled planned official talks with South Korea for the first time in over two years.

  • Hong Kong Rally Demands Protection for Snowden Sunday, 16 Jun 2013 | 4:27 AM ET
    A man holds up a protest sign during the protest rally to support Edward Snowden in Hong Kong on June 15, 2013.

    A few hundred rights advocates and political activists marched through Hong Kong on Saturday to demand protection for Edward Snowden, who leaked revelations of U.S. electronic surveillance.

  • Singapore Punishes 20 Banks for Rigging Rates Saturday, 15 Jun 2013 | 4:38 AM ET
    Monetary Authority of Singapore

    Singapore's central bank censured a record 20 banks on Friday after it found more than 100 traders in the city state tried to rig key borrowing and currency rates.

  • Chinese Tycoon Looks to Build Panama Canal Rival Friday, 14 Jun 2013 | 1:21 PM ET
    The Panama Canal

    Nicaragua's congress has passed bill granting a little-known Chinese tycoon the exclusive right to develop a multibillion-dollar rival to the Panama Canal.

  • Japan Correction Makes for Good Buys, Say Pros Friday, 14 Jun 2013 | 12:54 PM ET

    The wild swings in the Japanese market may be creating opportunities to pick up some interesting individual stocks on the correction, say fund managers.

  • Asia's Fight to Stem Fund Outflows Just Starting Friday, 14 Jun 2013 | 2:46 AM ET

    A surprise interest rate hike from Indonesia came amid one of the worst weeks for emerging markets. Now analysts anticipate governments to take further action to stem the tide.

  • Indonesia Rate Hike an Early Strike Friday, 14 Jun 2013 | 12:34 AM ET

    Indonesia's surprise decision to hike interest rates was a pre-emptive move against inflation as the local currency weakens, said the central bank.

  • Now, China Watchers See Growth Below 7% Friday, 14 Jun 2013 | 12:24 AM ET

    China's GDP growth could slide below 7% in the second half of the year, warned Nomura, highlighting that risks to the outlook economy have risen "significantly" in recent weeks.

  • Is an Overconfident BOJ to Blame for Market Woes? Thursday, 13 Jun 2013 | 11:34 PM ET

    Since stunning the markets with monetary easing, the Bank of Japan has failed to offer solace to investors that have been rattled by violent swings in Japanese markets.

  • Here's How Sanity May Return to Japan's Bond Market Thursday, 13 Jun 2013 | 9:25 PM ET
    Shubiya district, Tokyo, Japan

    One member of the Bank of Japan's policy board said limiting quantitative easing to two years could help stabilize the bond market.

  • We Will Do More to Boost Our Economy: Japan Thursday, 13 Jun 2013 | 9:11 PM ET
    Japanese Prime Minister Shinzo Abe

    Japan's cabinet rubber-stamped a set of measures on Friday to boost growth that so far have failed to impress markets and made Prime Minister Shinzo Abe promise to take more steps.

  • What Japan Can Teach Fed About QE Thursday, 13 Jun 2013 | 12:31 PM ET

    Take note, Ben Bernanke: Japan is what happens when a market demanding constant stimulus doesn't get what it wants.

  • Nintendo CEO Takes the Blame for Poor Wii U Sales Thursday, 13 Jun 2013 | 10:53 AM ET
    A Nintendo Wii U touch-screen controller displaying the "Super Mario Bros." game

    A one-on-one interview with Nintendo's global CEO Satoru Iwata on the lackluster performance of the Wii U and what the company plans to do to turn around sales and engagement.

  • China Gets the Post-Holiday Blues as Stocks Slump Thursday, 13 Jun 2013 | 3:25 AM ET

    China's stock market hit its lowest level in six months, joining a global sell-off with growing pessimism about the outlook for the Chinese economy adding to the market's woes.

  • Indonesia Surprises With a 0.25% Rate Hike Thursday, 13 Jun 2013 | 2:47 AM ET

    Indonesia's central bank announced a surprise hike in its benchmark rate by 25 basis points to 6 percent on Thursday, in the face of growing pressure on the rupiah.

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