Asia-Pacific News


  • Will Bank of Japan offer a rosier view of the economy? Wednesday, 7 Aug 2013 | 9:29 PM ET

    The Bank of Japan is to maintain its massive monetary stimulus on Thursday while board debates whether growing signs from prices justify offering a rosier view on the economy.

  • China bird flu strain spreads human-to-human Wednesday, 7 Aug 2013 | 8:29 PM ET
    Chickens at a poultry farm in Liaocheng, China

    Chinese scientists have discovered the first case of human-to-human transmission of the H7N9 bird flu.

  • Toyota recalls over 340,000 compact pickups Wednesday, 7 Aug 2013 | 4:11 PM ET
    2008 Toyota Tacoma Access Cab

    The latest in a slew of safety-related problems involving the pickup is a seat belt issue that could increase the risk of injuries and even fatalities in the event of a collision.

  • Wal-Mart may bid for Li's supermarkets Wednesday, 7 Aug 2013 | 8:33 AM ET

    Wal-Mart Stores is considering making a bid for the Hong Kong supermarket business being sold by a company controlled by Asia's richest man Li Ka-shing, according to sources.

  • Chinese judges fired for cavorting with prostitutes Wednesday, 7 Aug 2013 | 6:47 AM ET

    Two Chinese judges and an official of the Shanghai high court have been expelled from the Communist Party and dismissed from their jobs after being seen on video apparently consorting with prostitutes in glitzy nightclubs, the New York Times reports.

  • The appointment of a new head of the Indian central bank seems like a promising step, but Raghuram Rajan has his work cut out for him.

  • China market bounce: trend change or false alarm? Wednesday, 7 Aug 2013 | 3:45 AM ET

    The recent rebound in China's equities has generated some optimism that the country's beleaguered stock market may be set for a turnaround.

  • This market may be a 'slow moving train wreck' Tuesday, 6 Aug 2013 | 11:19 PM ET

    The downward spiral in the Indian rupee poses a big threat to the country's equity market, says one expert, noting that continued weakness could prompt foreigners to flee stocks.

  • We are sticking with South Korea: Stanchart's Bindra Tuesday, 6 Aug 2013 | 11:03 PM ET
    Jaspal Bindra, group executive director and chief executive officer of Standard Chartered Asia.

    Standard Chartered says it remains committed to South Korea, even after $1 billion hit from writedowns in the country.

  • Fonterra slapped with China fine for pricing practices Tuesday, 6 Aug 2013 | 10:32 PM ET

    New Zealand-based Fonterra Co-operative said on Wednesday it had been fined NZ$900,000 ($705,000) by China's top economic planning agency.

  • Nuclear body declares 'emergency' at Fukushima Tuesday, 6 Aug 2013 | 10:24 PM ET
    One of Tokyo Electric Power's (TEPCO) nuclear power plants.

    Abe is expected to call for a stronger response to try to stop highly radioactive water leaking into the ocean from the Fukushima nuclear plant, the Nikkei newspaper reported.

  • China tourism set for boom like Japan in the '80s Tuesday, 6 Aug 2013 | 9:37 PM ET

    Chinese travelers make up a sizeable group of consumers and talk of a slowdown in the world's second largest economy could make countries dependent on China tourism receipts nervous.

  • LinkedIn's strategy for Asia Tuesday, 6 Aug 2013 | 9:20 PM ET

    Hari Krishnan, MD of APAC & Japan, LinkedIn, identifies expanding it's member base in Asia as the networking website's top priorities this quarter.

  • Loeb to 'wait and see' after Sony nixes spin-off Tuesday, 6 Aug 2013 | 12:01 PM ET
    Daniel Loeb, founder and chief executive officer of Third Point LLC

    Billionaire investor Dan Loeb's Third Point is taking a "wait-and-see approach" after Sony on Monday evening rejected its plan to spin off the company's entertainment business.

  • Is China heading for a fall? Just look to the skies Tuesday, 6 Aug 2013 | 7:36 AM ET
    A view of the under-construction Shanghai Tower

    The near-completion of the Shanghai Tower and the beginning of work on the world's tallest building in Changsha could be clear signs that the Chinese economy is heading for a fall.

  • Raghuram Rajan: India's next central bank governor Tuesday, 6 Aug 2013 | 7:36 AM ET

    India named Raghuram Rajan, a former IMF chief economist who in 2005 predicted the global financial crisis, to lead its central bank as the country struggles to defend a rupee that hit a record low on Tuesday.

  • Why keeping up with the Joneses just got tougher Tuesday, 6 Aug 2013 | 6:00 AM ET
    A shopper in Shanghai

    Emerging middle class-consumers in countries such as India and China are pushing up prices for everything from food to diamonds.

  • Should Kuroda be more like Draghi? Tuesday, 6 Aug 2013 | 4:25 AM ET

    Most analysts expect no change to BOJ monetary policy this week, but governor Haruhiko Kuroda's style of communication could come under scrutiny, according to one analyst.

  • Asia-focused bank Standard Chartered took a $1 billion hit on the value of its Korean business on Tuesday, pulling its first half profits down nearly 16 percent from a year ago.

  • Why the Australian dollar trade is a 'simple short' Tuesday, 6 Aug 2013 | 3:42 AM ET

    According to technical analysis, there is simply no reason to hold the Australian dollar. Chartist Daryl Guppy explains.

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