Asia-Pacific News


  • 8.8 Magnitude Aftershock Hits Indonesia     Wednesday, 11 Apr 2012 | 7:00 AM ET

    An 8.8 magnitude aftershock strikes close to the area rocked by an earlier quake off the coast of Sumatra. The quake was felt as far away as the Thai capital Bangkok.

  • Quake Strikes Indonesia     Wednesday, 11 Apr 2012 | 6:12 AM ET

    A magnitude 8.7 earthquake hit west of Sumatra, Indonesia, and a tsunami warning is in effect for the entire Indian Ocean.

  • High Squid Prices Test South Korea’s Politicians Wednesday, 11 Apr 2012 | 2:39 AM ET

    As he sells his squid at the Jagalchi fish market in the southern port of Busan, Chang Ho-bin is happy to explain why he will be voting against South Korea’s ruling party in Wednesday’s parliamentary elections, the FT reports.

  • Outlook for the Yuan     Tuesday, 10 Apr 2012 | 8:10 PM ET

    Kathy Lien, Director of Global Research and Analysis, GFT Forex is looking for a 6-7% appreciation for the RMB in the later part of this year.

  • Gains in Equities Will Be Very Limited in 2012     Tuesday, 10 Apr 2012 | 7:50 PM ET

    Paul Gambles, Managing Partner, MBMG Group recommends low exposure to equities as he doesn't see markets moving much higher from current levels.

  • Myanmar Faces a Lot of Challenges Ahead     Tuesday, 10 Apr 2012 | 7:20 PM ET

    Craig Steffensen, Country Director - Thailand, Asian Development Bank, explains why he thinks Myanmar still faces economic challenges despite recent efforts to reform its exchange rate policy.

  • China Inflation Being Under-Reported: Author     Tuesday, 10 Apr 2012 | 7:12 PM ET

    Gordon Chang, Author, "The Coming Collapse of China" says China's rate of inflation has come down very quickly in the last 3-4 months, which he believes shows a deterioration of the economy.

  • Car Redesign Failures Tuesday, 10 Apr 2012 | 4:51 PM ET
    In December 2011, Kelley Blue Book ran a  about the best redesigned cars for 2012. The automobiles varied from Mercedes-Benz convertibles to Honda SUV’s to Volkswagen Beetles, and the descriptions were festooned with words like “bolder” and “sexier,” and even “grrrr.”This kind of language is what car companies hope to hear when an automobile is redesigned. They want to hear that old flaws have been addressed and new elements have been introduced that will make it more desirable to the consumer.U

    Read ahead for a list of redesigned cars that not only didn’t improve on the existing models, but may have made buyers wish they could have the old models back.

  • Has Interest in Hybrids Run Out of Gas? Tuesday, 10 Apr 2012 | 2:52 PM ET

    Back in 2008 when gas prices spiked above $4 a gallon, the demand for hybrids was so great dealers charged more than the MSRP for some models and had waiting lists of buyers more than willing to pay up for a gas-electric car. Compare that with the way people are looking at hybrids right now.

  • Asia Layover? Catch a Movie, or a 'Tornado' Tuesday, 10 Apr 2012 | 2:06 PM ET
    Singapore's Changi Airport

    Who would've thought spending an extended amount of time at an airport could be fun? Several airports around the world offer unique entertainment and activities that might actually make you wish for a delay or cancellation.

  • Nigeria's Ngozi Okonjo-Iweala, one of three candidates for the top job at the World Bank, says creating jobs is the most important challenge facing the organization's member countries, and that requires investments in a number of sectors such as infrastructure and agriculture.

  • US World Bank Nominee Under Fire Over Book Tuesday, 10 Apr 2012 | 1:09 AM ET
    Jim Yong Kim, new president of the World Bank.

    Jim Yong Kim, the US nominee to head the World Bank, is coming under fire over a book he co-authored that criticises “neoliberalism” and “corporate-led economic growth”, arguing that in many cases they had made the middle classes and the poor in developing countries worse off.

  • Charting Asia | Dollar-Yen Weekly Monday, 9 Apr 2012 | 11:48 PM ET
  • China to Grow Around 8.5%: Economist     Monday, 9 Apr 2012 | 8:18 PM ET

    Tommy Xie, Economist, Treasury Research & Strategy, OCBC Bank, explains why he thinks China will have GDP growth of approximately 8.5%. He adds the country will cut its reserve requirement ratio by 100 basis points in the first half of the year.

  • David Lee, Portfolio Manager & Investment Director, Newgate Capital, says emerging markets - as compared to developed economies which suffer from notable fiscal deficits - have outperformed and are very attractive because of urbanization and a rising middle class.

  • Road Warrior Tested: Asiana Airlines First Class Monday, 9 Apr 2012 | 11:19 AM ET

    International airlines are well known for superior service compared to their U.S. counterparts, and I recently had the luxury of traveling first class with Asiana Airlines. The meals alone made my flight truly memorable.

  • China's economy is accelerating again and inflation will tick up by the second half of the year after bottoming out in February, according to David Carbon, Managing Director of Economics and Currencies at DBS Bank.

  • Trade

    Some of the world’s biggest banks are trying to extend the principles of securitization to the plain-vanilla world of trade finance – a market worth an estimated $10 trillion a year – as concern mounts that regulatory changes could constrain a key lubricant of the global economy. The Financial Times reports.

  • China Is 'Re-Accelerating'     Sunday, 8 Apr 2012 | 8:35 PM ET

    David Carbon, MD, Economics & Currencies, DBS, says China's economy is accelerating again and inflation will tick up by the second half of the year.

  • China Property Market Coming Back to Life     Sunday, 8 Apr 2012 | 8:16 PM ET

    David Green-Morgan, Global Capital Markets Research Director, Jones Lang Lasalle, sees a more sustainable residential market in China. Jeffrey Schwarts, Deputy Chairman, GLP joins in the conversation.

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