Asia-Pacific News


  • Thrift trumps as Japan shoppers stick to bargains Sunday, 14 Jul 2013 | 9:45 PM ET

    "Abenomics" hinges on a pick-up in consumer spending, but eight months after its launch, it has yet to convince many Japanese to part with their thrifty ways.

  • Foreign firms in China feel sting amid slowdown Sunday, 14 Jul 2013 | 9:41 PM ET
    Shopping district in Beijing, China

    China's vast market for foreign goods and services, once seen by global companies as a modern-day El Dorado, is becoming a weight around their necks as its growth slows.

  • How alarming is Singapore's soaring household debt? Sunday, 14 Jul 2013 | 9:16 PM ET

    Singapore has seen soaring household debt levels in recent years as low interest rates have led to a borrowing spree, prompting the government to step in to curb demand.

  • Pros: Emerging markets look cheap, but still risky Sunday, 14 Jul 2013 | 7:00 AM ET
    An investor watches the electronic board at a stock exchange hall in Hefei, China.

    Don't be tempted by cheap emerging market valuations just yet, say strategists: The short term is still fraught with danger.

  • Nissan goes on a cheap-car push in India Sunday, 14 Jul 2013 | 2:17 AM ET

    Nissan Motor takes the veil off the first car in its resurrected Datsun brand in New Delhi on Monday, part of a foray by the Japanese auto maker into cheap cars for emerging markets.

  • China to keep credit growth steady: Central bank Sunday, 14 Jul 2013 | 1:31 AM ET

    China's central bank pledged on Sunday to use a mix of policy tools to adjust banking liquidity to ensure steady credit growth,to soothe market fears about tighter monetary conditions.

  • Third Chinese schoolgirl dies in Asiana air crash Saturday, 13 Jul 2013 | 6:25 AM ET
    Oxygen masks hang from the ceiling in the cabin interior of Asiana Airlines Flight 214.

    A Chinese girl died in a San Francisco hospital on Friday, becoming the third fatality in the crash of an Asiana Airlines jet at the city's airport last Saturday, doctors and Chinese officials said.

  • China ends $6 billion uranium project after protest Saturday, 13 Jul 2013 | 2:20 AM ET

    China has cancelled plans to build a uranium processing plant in a southern Chinese city a day after hundreds of protesters took to the streets demanding the project be scrapped.

  • Tsinghua Holdings to buy chipmaker Spreadtrum Friday, 12 Jul 2013 | 8:58 AM ET
    An engineer at Spreadtrum Communications Inc., tests a mobile phone in an Antenna Mesurement System (anechoic chamber) at the company's facility in Shanghai, China.

    Chinese cellphone chip designer Spreadtrum Communications will be acquired by a unit of government-owned Tsinghua Holdings for a raised offer price of about $1.78 billion.

  • An Asian Economy's Huge Move to Lure Capital Back Friday, 12 Jul 2013 | 1:28 AM ET

    Indonesia surprised with a rate hike twice the size of what the market expected, which the central bank says will bring capital back to the country and support its flagging currency.

  • Is it time for China to push its currency lower? Friday, 12 Jul 2013 | 12:41 AM ET
    Figurines of manual workers pushing Chinese coins on push carts.

    China's slowing economy has led to talk of whether the central bank should encourage the yuan to weaken, helping struggling exports. Analysts say such a move would be the wrong medicine.

  • After the Fed, Here's Who Can Save the Markets Thursday, 11 Jul 2013 | 11:01 PM ET

    The Bank of Japan's hefty monetary stimulus should compensate for any unwinding of the U.S. Federal Reserve's ultra-easy monetary policy and that should support markets, analysts say.

  • China Finance Minister Sees 7% Growth in 2013 Thursday, 11 Jul 2013 | 10:19 PM ET

    China's finance minister, Lou Jiwei, said he expects the country's economic growth for 2013 to come in at 7 percent, the official Xinhua news agency reported on Friday.

  • Swiss National Bank Sets Itself Up in...Singapore? Thursday, 11 Jul 2013 | 8:41 PM ET

    Swiss National Bank begins operations in Singapore, seeking to better manage its portfolio of assets denominated in the region's currencies. The Financial Times reports.

  • US, China disagree over handling of Snowden Thursday, 11 Jul 2013 | 8:13 PM ET

    Senior U.S. and Chinese officials sharply disagreed on Thursday over China's handling of fugitive Edward Snowden, who was allowed to leave Hong Kong last month.

  • Singapore Growth Soars 15.2% in Second Quarter Thursday, 11 Jul 2013 | 8:06 PM ET
    Singapore's business district skyline at dusk

    Singapore's economy grew a much stronger-than-expected annualized 15.2 percent in the second quarter from the first, its strongest showing in more than two years, data showed.

  • China Swaps Fireworks for Frugality at National Games Thursday, 11 Jul 2013 | 8:02 PM ET
    Birds Nest Stadium in Beijing, China.

    Fireworks are out and frugality is in at China's national games as edicts require officials to tighten their belts as the economy slows. The Financial Times reports.

  • Smog-Choked China Plans to Restrict Car Purchases Thursday, 11 Jul 2013 | 1:23 PM ET
    Smog chokes Beijing in this photo taken June 5, 2013.

    China plans new restrictions on vehicle sales in eight more cities in hopes it can curtail its worsening smog problems as roads become choked with traffic.

  • Fish oil may raise risks of prostate cancer Thursday, 11 Jul 2013 | 12:40 PM ET

    In a recent study, fish oil proved dangerous for men who have high levels of the compounds because it raises the risk of prostate cancer.

  • China could 'shock' markets with big GDP miss Thursday, 11 Jul 2013 | 8:03 AM ET

    Weak trade data has led Lombard Street Research to warn that China could shock markets with a quarter-on-quarter contraction in GDP.

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