Asia-Pacific News


  • India lures chipmakers, says IBM is interested Friday, 13 Sep 2013 | 2:48 PM ET
    Microprocessor wafer

    Two consortiums, including IBM and STMicroelectronics, have proposed building semiconductor wafer plants in India costing a total of $8 billion.

  • China's education move from Finland's playbook Saturday, 14 Sep 2013 | 7:00 AM ET
    Students at Jing'an Education College Affiliated School were among the 500 Shanghai students who outperformed the rest of the world in reading, science and mathematics.

    China looks to be lightening the load for its students, or perhaps it's just making them even better.

  • EM currency plunge not over yet: HSBC Friday, 13 Sep 2013 | 8:47 AM ET

    The recent crash in emerging market currencies may fool investors into thinking now is a good time to invest, but HSBC has warned the currencies could suffer further falls.

  • Japan extends lucky streak on unlucky day Friday, 13 Sep 2013 | 3:10 AM ET

    While many market players consider Friday the 13th an unlucky day, historical data proves that Japanese stocks have traditionally emerged unscathed from the superstition.

  • Lei Jun, CEO of Xiaomi

    Chinese smartphone maker Xiaomi isn't a household name just yet, but it could soon become a "disruptive force" in the global smartphone arena.

  • Treat Apple’s Asian suppliers with caution: Goldman Friday, 13 Sep 2013 | 12:47 AM ET

    With the latest iPhone launch lacking its traditional éclat, it's time to treat Apple's Asian suppliers with caution, Goldman Sachs said.

  • Four guilty of Delhi gang rape sentenced to death Friday, 13 Sep 2013 | 5:22 AM ET
    Indian policemen escort a juvenile accused in the December 2012 gang-rape of a student.

    All four men convicted of raping and murdering a 23-year-old woman in Delhi were sentenced to death on Friday.

  • Optimistic: Japan upgrades view on economy Thursday, 12 Sep 2013 | 10:09 PM ET

    Japan's government upgraded its assessment of the economy in September for the seventh time this year because of rising capital expenditure.

  • Bank Indonesia surprises market with rate hike Thursday, 12 Sep 2013 | 4:03 AM ET

    Bank Indonesia raised its benchmark interest rate by 25 basis points, surprising investors who widely expected the bank to keep rates on hold.

  • Asia's high-yield bonds still a premium play: HSBC Thursday, 12 Sep 2013 | 3:49 AM ET

    Recent market volatility spurred an exodus from Asia's high-yield bonds, but the region's growth story is intact and the segment still offers good value.

  • EM currency crash ‘could hit oil demand’: IEA Thursday, 12 Sep 2013 | 5:16 AM ET
    The sun sets over an oil refinery in Saudi Arabia.

    The recent crash in emerging market currencies could hit global oil demand if it continues, the International Energy Agency warned on Thursday, as it forecast an improvement in oil supply.

  • IMF: Emerging markets can rely on us Thursday, 12 Sep 2013 | 2:03 AM ET
    Zhu Min, Deputy Managing Director of the International Monetary Fund

    The International Monetary Fund (IMF) is ready to pull the trigger on reserve funds for any emerging economy that faces a current account crisis, the organization's deputy managing director said at the World Economic Forum in Dalian, China.

  • Household debt: Singapore’s ‘Achilles heel’? Thursday, 12 Sep 2013 | 2:25 AM ET
    Pedestrians walk down a street in downtown financial district in Singapore.

    Singapore stepped up efforts to contain a rapid increase in household debt by tightening rules around unsecured credit late Wednesday.

  • China is minting billionaires at astonishing pace Wednesday, 11 Sep 2013 | 10:52 PM ET

    Despite a deceleration in China's economic growth, the country is minting billionaires at an astonishing pace.

  • Rate hike talk boosts New Zealand dollar Wednesday, 11 Sep 2013 | 9:23 PM ET
    New Zealand bank notes and coins

    The New Zealand dollar rose to a one-month high against the greenback on Thursday after the Reserve Bank of New Zealand (RBNZ) said it is ready to raise interest rates next year, in what some analysts are calling the most hawkish comments from a major central bank.

  • Australia rate-cut talk back as jobless rate rises Wednesday, 11 Sep 2013 | 11:23 PM ET

    Australia suffered a surprising drop in employment in August that pushed the jobless rate up to a four-year high of 5.8 percent.

  • Hong Kong's property developers locked in a price war Wednesday, 11 Sep 2013 | 9:00 PM ET

    HK's property developers are locked in a price war as measures to cool its expensive real estate markets force them to impose discounts to hit sales targets.

  • North Korea has restarted nuclear reactor: US group Wednesday, 11 Sep 2013 | 8:06 PM ET
    Yongbyon nuclear facility, North Korea: ISIS analysis of DigitalGlobe Imagery from August 31, 2013

    Satellite imagery suggests that N.Korea has restarted a research reactor capable of producing plutonium for weapons at its Yongbyon nuclear complex.

  • Housing market slumps in India as economy slows Wednesday, 11 Sep 2013 | 11:26 AM ET
    Construction in Mumbai, India

    India's developers are holding on to a growing inventory of unsold apartments because of worries that discounts could cause a market rout. The New York Times reports.

  • Hello Kitty beers make a splash in Asia Wednesday, 11 Sep 2013 | 9:34 AM ET

    Hello Kitty has engaged in a decidedly adults-only undertaking – brewing her own beer.

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