Asia-Pacific News


  • Immigration Bill 'Could Create DMZ' Like Korea Friday, 24 May 2013 | 7:19 AM ET
    A U.S. Border Patrol agent looks along a section of the recently constructed fence at the U.S.-Mexico border.

    Immigration reform takes a big step to becoming law, but some experts worry that the emphasis on security could create a demilitarized zone.

  • This Could Devastate India’s Prized IT Sector Friday, 24 May 2013 | 3:37 AM ET

    India's prized $108 billion IT services sector is on a "knife edge" in the face of a looming vote on the U.S. immigration reform bill that threatens the very business model the industry thrives on, says Nomura.

  • What Central Bankers Can Learn From Volatile Markets Friday, 24 May 2013 | 3:35 AM ET
    Federal Reserve Board Chairman Ben Bernanke

    One thing the world's central bankers can take away from this week's market volatility: They need to do a better job of communicating.

  • 'It's a Big Moment for Japan': Fed's Bullard Friday, 24 May 2013 | 2:13 AM ET
    James B. Bullard, St. Louis Fed President

    The huge volatility in the Japanese market is not surprising given the aggressive monetary policies put in place in the country over the last six months, St Louis Federal Reserve Chairman James Bullard told CNBC.

  • Myanmar's Currency Slumps as Imports Flood in Thursday, 23 May 2013 | 11:21 PM ET
    Myanmar's curency, the kyat

    The kyat has plunged more than 7 percent over the past month to the lowest since it was floated last year, raising concern about economic stability in Asia's newest democracy.

  • Lessons China and Brazil Can Teach Each Other Thursday, 23 May 2013 | 12:31 PM ET

    They may both be "BRICs", but China and Brazil face opposite problems and should take lessons from each other, according to Capital Economics.

  • Indians Have No Choice but to Learn Chinese Thursday, 23 May 2013 | 3:49 AM ET

    Indian businesses don't want to lose out on the opportunities provided by the burgeoning trade between China and India, and the first step is to start learning Mandarin.

  • Why Quantitative Easing Isn't Printing Money Thursday, 23 May 2013 | 3:31 AM ET

    This expert explains why quantitative easing (QE) is not about printing money and why bank reserves aren't money.

  • Surprise! South Korea's Problems Aren't Made in Japan Thursday, 23 May 2013 | 2:51 AM ET
    Seoul, South Korea

    The problem for Korea had seemed obvious: the won has climbed by a third against the Japanese currency, in theory allowing Japanese companies to undercut Korean competitors and carry home more yen.

  • Perfect Storm Sparks Massive Nikkei Sell-Off Thursday, 23 May 2013 | 2:40 AM ET

    A perfect storm of yen strength, soaring JGB yields and new evidence of weakness in China's economy sparked a major sell-off in Japan's equity markets on Thursday.

  • Lackluster Debut Strains Hopes of HK IPO Revival Thursday, 23 May 2013 | 2:20 AM ET

    Sinopec made a lackluster market debut on Thursday, casting doubt on a nascent recovery in IPO issuance in the city as investors remained cautious because of a weaker local stock market.

  • Japan Bond Yields Spike—10-Year Now at 1% Thursday, 23 May 2013 | 1:58 AM ET

    Japanese government bond yields soared to 1 percent on Thursday, their highest level in a year, prompting the Bank of Japan to keep a promise of taking action to stabilize an incredibly volatile market.

  • China’s Economic Outlook Just Keeps Getting Worse Thursday, 23 May 2013 | 12:47 AM ET

    The unexpected contraction in China's factory activity in May has heightened the risk of a further slowdown in the second quarter, after the economy grew at its slowest pace in three years over January to March, said economists.

  • Bottom Line on Singapore GDP: Curb Your Enthusiasm Thursday, 23 May 2013 | 12:38 AM ET
    Singapore skyline

    Singapore's economy grew unexpectedly in the first quarter of the year but the manufacturing sector remains weak.

  • Bond Bubble Fears Return for Emerging Asia Wednesday, 22 May 2013 | 11:50 PM ET

    The hot money flooding out of the west in search of higher returns in growing markets has stoked fears about the biggest credit boom in Asia. The Financial Times reports.

  • Hackers Find China Is a Land of Opportunity Wednesday, 22 May 2013 | 11:18 PM ET

    Hacking in China thrives across official, corporate and criminal worlds and is openly discussed and promoted, whether for breaking into private networks, tracking dissent or stealing trade secrets. The New York Times reports.

  • China's Factory Activity Shrinks as Orders Fall Wednesday, 22 May 2013 | 9:49 PM ET

    China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary survey of purchasing managers showed, adding to concerns that a recovery in the world's second-largest economy is sputtering.

  • Ford to Close Australia Auto Plants in 2016 Wednesday, 22 May 2013 | 9:06 PM ET

    Ford said on Thursday it is closing its two Australian auto plants and will cease production in the country in 2016.

  • Japan Investors Go Back to Selling Foreign Bonds Wednesday, 22 May 2013 | 8:56 PM ET

    Japanese investors sold 804.4 billion yen ($7.8 billion) worth of foreign bonds last week after three straight weeks of net buying, as they took advantage of the soft yen.

  • Singapore Economy Posts Surprising Expansion Wednesday, 22 May 2013 | 8:19 PM ET
    Singapore's business district skyline at dusk

    Singapore on Thursday reported a surprise expansion in its economy in the first quarter, helped by a surge in financial services as trading in stocks and foreign exchange soared.

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