Asia-Pacific News


  • Global economic rebound sparks rally Thursday, 22 Aug 2013 | 6:37 AM ET

    The global economy showed signs of improvement on Thursday with factory output improving in two of the world's largest economies.

  • Wonder why ringgit's getting crushed? Thursday, 22 Aug 2013 | 4:43 AM ET

    The Malaysian ringgit plunged to its lowest level in three years on Thursday amid the brutal sell-off across emerging market assets, and the pain may not be over for the currency.

  • Will Fed tapering erode Singapore’s appeal? Thursday, 22 Aug 2013 | 4:07 AM ET

    Singapore's long-held status as a financial market safe haven could come under pressure from potential risk of higher rates amid the imminent tapering of U.S. monetary stimulus.

  • Will China embrace the gold iPhone? Thursday, 22 Aug 2013 | 3:17 AM ET

    If Apple hopes to woo more Chinese by adding a glitzy coating - some call it champagne, some gold - to its next iPhone, it may be in for a surprise.

  • Strategist who correctly called rupee, rupiah collapse Thursday, 22 Aug 2013 | 1:34 AM ET

    Emerging markets strategist Peter Redward correctly predicted a sharp slide in the Indian rupee and Indonesia rupiah and warned the selling isn't yet over.

  • China a ‘stallion’ amid emerging market turmoil Thursday, 22 Aug 2013 | 12:36 AM ET

    China stands out like a "stallion" amid the turmoil in emerging markets, as a slowdown in the world's second largest economy shows increasing signs of stabilization.

  • Rupee selling now ‘out of control’ Thursday, 22 Aug 2013 | 12:20 AM ET

    As the battered rupee slumped to another low of 64.54 to the dollar, analysts say the selling is getting out of hand and the currency could fall to 70 in the coming months.

  • Trial of the century begins in China Thursday, 22 Aug 2013 | 12:10 AM ET
    A screen shows the picture of the sentence of Chinese politician Bo Xilai (Center) on September 22, 2013 in Beijing, China.

    The trial of disgraced Chinese politician Bo Xilai got underway in Jinan on Thursday, with a guilty verdict for charges of corruption and the abuse of power.

  • China factory activity hits four-month high in August Wednesday, 21 Aug 2013 | 9:50 PM ET

    Activity in China's key manufacturing sector picked up steam in August, a preliminary survey of factory managers showed on Thursday, helped by a rebound in new orders.

  • Here's one currency that has averted the EM rout Wednesday, 21 Aug 2013 | 9:03 PM ET

    While the violent selloff in emerging market currencies has spared few, there's one currency that has emerged from the storm unscathed: the Chinese yuan.

  • Singapore fund spends big bucks on UK property Wednesday, 21 Aug 2013 | 8:22 PM ET
    A construction worker sits outside the building site of No. 5 Broadgate in London.

    Singapore's sovereign wealth fund is in talks to buy half of Broadgate, in what would be one of the biggest UK property deals since the financial crisis.

  • China to 30 foreign firms: Confess antitrust sins Wednesday, 21 Aug 2013 | 10:57 AM ET
    A paramilitary police officer stands guards in front of flags at Tiananmen Square in Beijing.

    A senior Chinese official put pressure on around 30 foreign firms to confess to any antitrust violations and warned them against using external lawyers to fight accusations from regulators, sources said.

  • Cheaper rivals eat into Apple’s China tablet share Wednesday, 21 Aug 2013 | 9:48 AM ET

    Apple has lost more than 40 per cent of its share of the Chinese tablet market over the past year to cheaper rivals with Android or other operating systems, led by Samsung Electronics.

  • Markets focus on rupee, rupiah... and the kiwi? Wednesday, 21 Aug 2013 | 5:12 AM ET

    A vicious selloff in emerging markets this week has put the spotlight on the battered down Indian rupee and Indonesian rupiah, but one other currency has also been feeling the pain.

  • Are emerging markets facing an abyss? Wednesday, 21 Aug 2013 | 2:58 AM ET

    The prognosis for emerging markets is not looking good after four straight days of heavy selling in stocks and sharp currency falls.

  • Forget Indonesia, the hot market is...Mozambique? Wednesday, 21 Aug 2013 | 2:47 AM ET
    A street crossing in Dhaka, Bangladesh, Asia.

    As emerging markets continue to fall from grace, the less high profile frontier markets are starting to steal the spotlight.

  • Taper terror may leave Singapore property intact Wednesday, 21 Aug 2013 | 1:12 AM ET

    Singapore's property market is unlikely to be hit too hard by the concerns about an unwinding in U.S. monetary stimulus which are giving Asian asset prices a drubbing.

  • Japan to issue gravest Fukushima nuclear warning Wednesday, 21 Aug 2013 | 12:21 AM ET

    Japan will dramatically raise its warning about the severity of a toxic water leak at the Fukushima nuclear plant, its most serious action since the plant was destroyed in 2011.

  • Foreign currency bonds no panacea for India deficit Wednesday, 21 Aug 2013 | 12:01 AM ET

    India, running out of options to avoid a currency crisis, may resort to selling a foreign-currency sovereign bond to raise foreign capital and finance a current account gap.

  • Is India moving closer to a ratings downgrade? Tuesday, 20 Aug 2013 | 11:59 PM ET

    The plunging rupee has intensified concerns over India's dreary economy and raised the question whether its sovereign credit rating may be downgraded to "junk" status.

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