Asia-Pacific News


  • China ends Japan's hold on Korean tourism Tuesday, 13 Aug 2013 | 7:20 PM ET

    China has overtaken Japan in visitor numbers to South Korea for the first time on record in the first half of this year, ending Japanese dominance of the market, says Nomura.

  • Most expensive place to study? Not for much longer Tuesday, 13 Aug 2013 | 4:08 PM ET

    Australia is the world's most expensive destination for foreign students, but thanks to a weakening currency, the popular venue is set to become more affordable.

  • China drives the Ford Focus to No. 1 Tuesday, 13 Aug 2013 | 1:05 PM ET
    A 2013 Ford Focus

    In a sign of its growing strength in China, Ford said that demand there for the Focus helped make the model the world's top-selling car in the first quarter.

  • China investigating carmakers over pricing Tuesday, 13 Aug 2013 | 8:00 AM ET

    A Chinese automotive association is collecting data on the price of all foreign cars sold in the country for a government agency that has fined companies for price-fixing in sectors ranging from milk powder to jewelry.

  • Fund managers shun this most ‘hated’ asset class Tuesday, 13 Aug 2013 | 6:16 AM ET

    Fund managers are more downbeat on emerging market equities than they have been in the last 12 years, as allocations to the sector sink to their lowest levels since November 2001 according to a new survey.

  • Slowdown not stopping Australia's millionaire factory Tuesday, 13 Aug 2013 | 2:49 AM ET
    Sydney, Australia

    Australia's once-resilient economy may have finally succumbed to headwinds, but that won't impact the pace at which the country is minting millionaires, a new survey shows.

  • Ford CEO brushes off China slowdown fears Tuesday, 13 Aug 2013 | 1:21 AM ET

    Ford CEO Alan Mulally said on Tuesday he was not overly concerned about a slowdown in growth in China, stressing it is still a "tremendous" market for the group.

  • Four reasons not to ‘throw in the towel’ on India Monday, 12 Aug 2013 | 11:17 PM ET

    Rapid rupee depreciation and sluggish economic activity have dashed hopes for a turnaround in India's economy. But, according to Credit Suisse, it's not all gloom and doom for the country.

  • Heywood’s family seeks compensation from China Monday, 12 Aug 2013 | 10:30 PM ET
    Former senior Chinese politician Bo Xilai

    The family of a British businessman murdered by the wife of a powerful Chinese politician seeks compensation for his death, criticizing China's government for ignoring their pleas.

  • Japanese Prime Minister Shinzo Abe is considering a corporate tax cut as a way to offset the potential economic drag of a planned two-stage hike in the sales tax.

  • Health-care cost fix? Deport fat migrants Monday, 12 Aug 2013 | 11:07 AM ET

    Nearly a third of New Zealand's adult population is overweight, in an effort to solve the obesity epidemic and combat rising health costs, the country is deporting its fat people.

  • Hiking Japan’s sales tax: why it’s now or never Monday, 12 Aug 2013 | 4:20 AM ET

    Disappointing second-quarter growth figures from Japan may have heightened calls for the government to delay a controversial hike in the country's consumption tax, but analysts argue that now remains the best time to deliver the measure.

  • Why a Rudd win could mean more drubbing for Aussie Monday, 12 Aug 2013 | 4:01 AM ET
    Australian Prime Minister Kevin Rudd

    With opinion polls indicating a win for the opposition Liberal-National coalition party, financial markets are, pricing in the likelihood of a change in government.

  • Is the worst over for the Singapore economy? Monday, 12 Aug 2013 | 1:25 AM ET

    Singapore's GDP for the second quarter of the year was revised higher on Monday, leading some analyst to suggest the economy's gloomy times could soon be over.

  • Here's the missing piece in Japan's growth puzzle Monday, 12 Aug 2013 | 1:05 AM ET

    Japan's disappointing growth figures for the second quarter highlight the absence of a factor crucial to a sustained revival: turnaround in corporate investment.

  • Japan's soaring national debt, already more than twice the size of its economy, has reached a new milestone, surpassing one quadrillion yen. The New York Times reports.

  • Chinese consumers are responding to a powerful new marketing tactic that plays to a widespread fear of food contamination - the promise of safe groceries sold online.

  • General Motors plans pullout from South Korea Sunday, 11 Aug 2013 | 8:46 PM ET
    General Motors (GM) Chevrolet automobiles in Incheon, South Korea.

    General Motors Co. has begun cutting its presence in South Korea after mounting labor costs and militant unionism triggered a rethink of its reliance on the country.

  • Japan misses growth forecast in the second quarter Sunday, 11 Aug 2013 | 7:56 PM ET

    Japan's economy logged a third quarter of growth in the April to June quarter, but the increase was much smaller than expected.

  • Twitter counters Murdoch in heated Aussie election Sunday, 11 Aug 2013 | 7:13 AM ET

    Rupert Murdoch's crusade to oust Kevin Rudd in Australia's general election has given rise to a heated social media campaign inside a campaign, as Twitter, Facebook and other digital platforms become the weapons used by some to try to outflank Murdoch's "old media".

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