Asia-Pacific News


  • 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.

  • This is the world’s most expensive asset class Wednesday, 11 Sep 2013 | 9:42 AM ET

    Government bonds are the priciest assets in the world, with Japanese debt topping the overpriced league, according to a report from Deutsche Bank.

  • Apple granted China Mobile license, but no deal yet Wednesday, 11 Sep 2013 | 2:11 AM ET
    Apple's Phil Schiller speaks about the new iPhone 5C during Apple product announcement.

    A new document shows that Apple has been granted a license for the new iPhone to run on the largest of China's mobile networks.

  • China may see 8% growth this year Wednesday, 11 Sep 2013 | 4:23 AM ET

    China bears could be in for a big letdown this year, if the latest growth upgrades for the world's second-largest economy are anything to go by.

  • Doubts over plan to raise Japan sales tax linger Wednesday, 11 Sep 2013 | 2:15 AM ET
    Shibuya district, Tokyo

    Controversial plans to raise Japan's consumption tax may be edging closer to fruition, but some doubts persist, noting it could damage the economy.

  • Corporates take emerging market volatility in stride Wednesday, 11 Sep 2013 | 2:16 AM ET

    Recent convulsions in emerging markets may have sent investors scrambling, but many companies have shrugged off the volatility.

  • Is the Aussie dollar heading for parity? Tuesday, 10 Sep 2013 | 10:53 PM ET
    Australian dollar notes

    Aussie dollar could hit parity by year end, after the battered currency regains ground this month, helped by positive economic data out of China.

  • Apple supplier shares slump on iPhone 5C pricing Wednesday, 11 Sep 2013 | 4:00 AM ET

    Shares of Apple suppliers slumped on Wednesday, a day after the U.S. consumer technology giant unveiled two highly anticipated smartphones that failed to wow investors.

  • One of Tokyo Electric Power's (TEPCO) nuclear power plants.

    Nuclear plant operator Tepco's response to radiation leaks at Fukushima has focused more on cost than safety, but 30 months later, the utility is still in charge.

  • Two Koreas to re-open factory park in trial run Tuesday, 10 Sep 2013 | 7:54 PM ET
    South Korean cars arrive from the Kaesong joint industrial complex in North Korea

    North and South Korea have agreed to re-open a shuttered industrial park on a trial basis starting on Monday.

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