Asia-Pacific News


  • Evacuation Began Only 90 Seconds After Asiana Crash Wednesday, 10 Jul 2013 | 9:45 PM ET

    Flight attendants aboard Asiana Flight 214 that still haven't been interviewed could help explain why the pilots initially told them not to evacuate the plane.

  • Gold Rout Boosts Sales of World's Largest Jeweler Wednesday, 10 Jul 2013 | 9:42 PM ET

    Shares in Hong Kong's Chow Tai Fook Jewellery Group jumped as much as 16 percent on Wednesday after the world's largest jewelry retailer by market value reported strong revenue growth due to plummeting gold prices.

  • Why Are Chinese on a Wheat-Buying Spree? Wednesday, 10 Jul 2013 | 9:22 PM ET

    Rainstorms in China have sent Chinese traders on a global wheat-buying spree, providing support to global wheat prices. The Financial Times Reports.

  • US and China Talks Cyber Wars and Reform Wednesday, 10 Jul 2013 | 7:57 PM ET

    U.S. appealed to China's self-interest on Wednesday with calls for deeper economic reforms including changes to the exchange rate policy and a halt to cyber theft of trade secrets.

  • Pol: US Risks Losing Pork Industry to China Wednesday, 10 Jul 2013 | 3:17 PM ET

    Chinese plans to buy America's Smithfield Foods has created concern among some U.S. policymakers about the future of the pork industry and food safety.

  • Why Gold Bugs May Wish for a China Hard Landing Wednesday, 10 Jul 2013 | 9:20 AM ET
    Chinese shoppers look at gold jewellery on display at a shop in Hefei, east China's Anhui province.

    Commodities have taken a beating lately from fears of a slowdown in China, but one battered metal could actually benefit from a hard landing in the world's second largest economy.

  • Masao Yoshida, Chief at Fukushima Plant, Dies at 58 Wednesday, 10 Jul 2013 | 8:49 AM ET

    Masao Yoshida, a nuclear engineer who took charge of the Fukushima Daiichi power plant two years ago as multiple reactors spiraled out of control after a tsunami, died on Tuesday. The New York Times reports.

  • Weak China Data Flags More Bad News for Copper Wednesday, 10 Jul 2013 | 6:56 AM ET

    Copper has taken a beating in recent months, along with gold and other commodities. Now, analysts warn there is more pain ahead for the red metal.

  • For Australia, ‘R’ Word May Not Mean Recession Wednesday, 10 Jul 2013 | 4:56 AM ET
    Sydney, Australia.

    Despite growing concerns that Australia is headed for a major downturn, economists say the "R" word doesn't mean recession, but rather a rebalancing of the economy that it needs.

  • Asian IPOs Brave Choppy Markets Wednesday, 10 Jul 2013 | 3:05 AM ET

    Budget airline Air Asia X became the latest Asian firm to brave volatile market conditions to make its debut, even as many others have delayed listings or given up plans of capital raising altogether.

  • Just How Low Will China Allow Growth to Go? Wednesday, 10 Jul 2013 | 1:00 AM ET
    Beijing, China

    As weak economic data fan concerns about the outlook for the world's second biggest economy, just how much of a slowdown in growth is Beijing willing to tolerate?

  • Why China Delivered Such a Big Miss in Trade Data Tuesday, 9 Jul 2013 | 10:09 PM ET

    China's dismal trade numbers for June far underperformed expectations, with exports and imports contracting last month against forecasts for a better performance compared to May.

  • Chinese Leader's First 100 Days: How Did He Fare? Tuesday, 9 Jul 2013 | 9:41 PM ET

    Before his formal assumption of China's presidency, many hoped Xi would take steps to move China forward in areas on human rights and political reforms. The Global Post reports.

  • How IBM Emerged as a Test Case for Abenomics Tuesday, 9 Jul 2013 | 7:51 PM ET
    Prime Minister of Japan Shinzo Abe

    With IBM sued for wrongly termination, PM Abe is now faced with the issue of whether to make it easier for companies operating in Japan to fire workers.

  • Bank of Japan to Stay Pat, but for How Long? Tuesday, 9 Jul 2013 | 6:52 PM ET
    Bank of Japan headquarters in Tokyo, Japan

    Recent calm in the Japanese equity and bond markets means the Bank of Japan is unlikely to make significant changes at its two-day meeting starting Wednesday, analysts say.

  • Korean culture may offer clues in Asiana crash Tuesday, 9 Jul 2013 | 1:20 PM ET
    A Boeing 777 airplane lies burned on the runway after it crash landed at San Francisco International Airport July 6, 2013 in San Francisco, California.

    As the investigation of the SF airline crash shifts to what happened inside the cockpit, a question is emerging: What role did Korean culture play?

  • Asia 'Shivers' as Fed Tapers, China Slows Tuesday, 9 Jul 2013 | 12:58 AM ET

    A slowdown in China and a pullback in liquidity from the U.S. will negatively impact growth in Asia as the region tries to cope without the boost provided by these two.

  • What China's Battered Stock Market Is Telling Us Tuesday, 9 Jul 2013 | 12:54 AM ET

    China's battered stock market has taken another tumble this week – a sign perhaps that the country's investors are bracing for a faster-than-anticipated slowdown in the world's second largest economy.

  • China Factories Remain Entrenched in Deflation Monday, 8 Jul 2013 | 11:52 PM ET

    The deflationary spiral in China's producer prices that has plagued factories for 16 consecutive months highlights its weakening growth momentum.

  • Could This Be the Week Aussie Breaks Below $0.90? Monday, 8 Jul 2013 | 10:43 PM ET

    This could be "a make or break week" for the Australian dollar with three major factors - the FOMC minutes, Chinese and Australian economic data - set to determine its fate.

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