Asia-Pacific News


  • Japan's Finance Minister Taro Aso

    Japan will tell G20 nations at a summit this week that it will proceed with a planned two-stage sales tax hike, Finance Minister Taro Aso said on Tuesday.

  • RBA holds rates at record low, mum on policy outlook Tuesday, 3 Sep 2013 | 1:29 AM ET

    Australia's central bank kept its cash rate steady at a record low of 2.5 percent on Tuesday.

  • Japan pledges $473 million to contain Fukushima leak Tuesday, 3 Sep 2013 | 12:30 AM ET
    Government officials and nuclear experts inspect a facility to prevent seeping of contamination water into the sea at TEPCO's Fukushima Dai-ichi nuclear plant.

    Japan's government has agreed to spend nearly half a billion dollars to contain a radioactive leak at the Fukushima Daiichi power plant, in an attempt to avert what industry watchers have described as a looming nuclear crisis.

  • Lawrence Summers

    Thought speculation about Fed tapering was bad for emerging markets? Just wait to see what happens if Larry Summers is appointed as the next U.S. central bank chief.

  • One of Tokyo Electric Power's (TEPCO) nuclear power plants.

    The Japan government plans to spend at least 40 billion yen to contain the leaking of radioactive water at the Fukushima Daiichi nuclear power plant.

  • Tropical island paradise tops debt league Monday, 2 Sep 2013 | 7:03 AM ET

    The Seychelles islands in the Indian Ocean, better known for their pristine beaches and crystal clear waters, are the most indebted nation in the world, according to a new report released on Monday.

  • Samsung seeks 'iPod moment' with smartwatch launch Monday, 2 Sep 2013 | 6:15 AM ET

    Samsung is set to launch its much anticipated smartwatch on Wednesday, marking a major milestone in the emerging product category.

  • The Indian rupee is managing to catch a break from a precipitous sell-off that’s dogged the currency in the past month, but strategists are skeptical the turnaround will last.

  • China PMIs impress but analysts warn of risks Monday, 2 Sep 2013 | 3:35 AM ET

    An uptick in Chinese manufacturing activity in August has eased slowdown fears, but analysts have flagged concerns about the quality of growth for the country.

  • Singapore, resilient so far to the turmoil that has swept emerging markets, appears to be one of the most financially vulnerable countries in Asia.

  • India swamped by wave of growth downgrades Monday, 2 Sep 2013 | 12:52 AM ET

    India has been hit by a wave of growth downgrades, with analysts predicting the slowdown to worsen after GDP figures on Friday fell to lowest rate in four years.

  • Spotlight falls on India's new central bank chief Sunday, 1 Sep 2013 | 9:54 PM ET
    Raghuram Rajan

    India should remain firmly in focus, as a new central bank governor takes the helm at a time of financial crisis in the country. The RBA and BoJ is also scheduled to meet this week.

  • Japan to take hands-on role in Fukushima clean-up Sunday, 1 Sep 2013 | 9:35 PM ET
    One of Tokyo Electric Power's (TEPCO) nuclear power plants.

    Japan's government is taking a direct role in the clean-up of the wrecked nuclear plant, as concerns grow over the ability of Tepco to handle the disaster in a quarter century.

  • China retailers don't buy signs of recovery Sunday, 1 Sep 2013 | 7:46 PM ET
    A woman stands in front of a display window of a mall in Beijing.

    If things are really starting to look up for China's economy, as a recent government data seems to suggest, nobody appears to have told its biggest retailers.

  • Radiation readings at Japan plant spike Sunday, 1 Sep 2013 | 3:12 AM ET
    Officials at the Fukushima nuclear power plant in northern Japan

    Radiation near a tank holding highly contaminated water at Japan's crippled Fukushima nuclear plant has spiked 18-fold, the plant's operator said on Sunday.

  • China probes state assets regulator for corruption Sunday, 1 Sep 2013 | 2:52 AM ET

    China is investigating the head of its state assets regulator for "serious discipline violations", the government said on Sunday.

  • China official PMI hits 16-month high in August Sunday, 1 Sep 2013 | 2:40 AM ET

    China's factory activity expanded at the fastest pace in more than a year in August with a jump in new orders, official data showed on Sunday.

  • Honda testing high-tech solution to reduce crashes Saturday, 31 Aug 2013 | 11:00 AM ET

    The Dedicated Short-Range Communications, or DSRC, system the Japanese maker demonstrated this week can track pedestrians and motorcycles even when they're out of the line of sight.

  • Nuclear leak 'can get a lot worse' Friday, 30 Aug 2013 | 7:42 AM ET

    The radioactive leak at Japan's Fukushima nuclear plant is far from under control and could get a lot worse, a nuclear energy expert, who compiles the annual "World Nuclear Industry Status Report" warned.

  • India's woes deepen as GDP misses expectations Friday, 30 Aug 2013 | 7:41 AM ET
    A man counts Indian rupee notes near the Bombay Stock Exchange building.

    India's gross domestic product growth missed expectations in the quarter to June, adding to the country's economic problems amid an unprecedented free-fall in the rupee.

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