Asia-Pacific News


  • Nikkei Hits 1-Month Low on Euro Debt Fears     Thursday, 17 Nov 2011 | 11:00 AM ET

    Tokyo stocks fell today as investors moved away from risky assets, over fears of Europe's debt problems. Shares of Olympus plunged more than 16 percent .The Nikkei's Makiko Utsuda reports.

  • Morton's Asia Growth Plan     Wednesday, 16 Nov 2011 | 8:20 PM ET

    Christopher Artinian, president & CEO of Morton's Restaurant Group which owns and operates Morton's Steak House, discusses the company's plans to expand in Asia.

  • India Plays Politics With Petrol Price Cut Wednesday, 16 Nov 2011 | 7:55 PM ET
    Bombay Traffic

    Indian state-controlled refiners cut petrol prices for the first time in three years on Wednesday, after one of the ruling Congress party’s key political allies threatened to quit the alliance over recent price hikes. The FT reports.

  • Thai Army Turns Flooding Into a PR Opportunity Tuesday, 15 Nov 2011 | 8:12 PM ET
    PATUM THANI, THAILAND - OCTOBER 14: Thai soldiers help residents onto a military truck as floods continue to hit Pathum Thani province on October 14, 2011 in Pathum Thani, north of Bangkok,Thailand. Crews of public workers, soldiers and volunteers are evacuating residents from flooded areas north of Bangkok as efforts continue to protect the capital from increased rainfall and rising tides during the worst floods to hit the country for decades.

    Troops and army trucks are rolling through the streets of Bangkok again. This time it is not to battle protesters or overthrow a prime minister, but to help flood-hit civilians. The NYT reports.

  • Temasek Syndicate Buys BofA Shares in CCB Tuesday, 15 Nov 2011 | 7:21 PM ET
    Two Chinese girls make their to the China Construction Bank head office in Beijing 28 October 2005. China Construction Bank (CCB) met a muted response from investors in its debut on the Hong Kong Stock Exchange after making the world's biggest share offer in four years.

    A syndicate including Temasek, the Singapore state investment agency, and a number of Chinese institutions has bought 10.4 billion shares in China Construction Bank from Bank of America for about $6.6 billion, according to people familiar with the transaction. The FT reports.

  • Buy China's Unloved Banks?     Tuesday, 15 Nov 2011 | 10:24 AM ET

    Is now the time to invest in Chinese banks? Insight with Tim Seymour, EmergingMoney.com founder.

  • Charting Asia | Nymex Oil Monday, 14 Nov 2011 | 10:51 PM ET
  • Sebastian Evans, fund manager at Naos Asset Management, discusses the hidden value in Village Roadshow's film production business, Engenco's good turnaround track record, and Tissue Therapies' potential partnership deal.

  • Indonesia Plans Infrastructure Upgrade     Monday, 14 Nov 2011 | 10:30 PM ET

    Mari Pangestu, Minister for tourism and creative economy for Indonesia, says the Government plans to upgrade airports, access roads to tourism destinations and also develop Special Economic Zones.

  • Asian Bonds Look Promising     Monday, 14 Nov 2011 | 10:10 PM ET

    Rajeev De Mello, head of Asian fixed income at Schroders Investment Management, thinks that Asian bonds, especially Indonesian ones, tend to be less volatile than foreign issues.

  • ADB Urges Asia to Help Rescue Eurozone Monday, 14 Nov 2011 | 9:06 PM ET

    The Asian Development Bank has called for India and China to be ready to help rescue the eurozone from its sovereign debt crisis to avoid a long-term downturn that will stunt the growth of Asian economies. The FT reports.

  • Bruce Rockowitz, President of Li & Fung talks about the resilience of his business in the face of global uncertainty.

  • Buffett: China & U.S. Will Get Along     Monday, 14 Nov 2011 | 8:00 AM ET

    Warren Buffett, Berkshire Hathaway chairman/CEO says the relationship between U.S. and China will be bumpy at times, however the two countries will align interests over time.

  • Ambani Calls for Younger Leadership in India Sunday, 13 Nov 2011 | 10:29 PM ET
    hairman of India's Reliance Industries Mukesh Ambani attends the book launch function by city's former sheriff Nana Chudasama, in Mumbai on June 17, 2010. Reliance Industries will hold its annual general meeting on June 18, where Mukesh is set to talk about the company's expansion plans, particularly in the telecom, power sector and challenges ahead. There is media speculation that younger brother Anil Ambani and his family may be present at the meeting. The two brothers, who were at loggerheads

    Mukesh Ambani, India’s richest man, has called for a generational change in the country’s gerontocratic leadership, and urged the government to move faster to implement reforms that would help meet its young population’s economic ambitions. The FT reports.

  • Japan Disaster Towers Over Nuclear Power Industry Friday, 11 Nov 2011 | 4:28 PM ET
    nuclear power station

    The crisis at the Fukushima Daiichi nuclear power plants in Japan last March put the brakes on the industry's revival, dimming prospects for the immediate future.

  • Solar Industry Falls Into Shadow in 2011 Friday, 11 Nov 2011 | 4:27 PM ET
    Solar plant

    Investors in the solar industry have needed a strong stomach this year, and that’s unlikely to change soon.

  • Ties to Old World Hit Emerging Markets Thursday, 10 Nov 2011 | 7:20 PM ET

    As the eurozone crisis spreads from Greece to Italy, countries far afield are being sucked into the maelstrom. The FT reports.

  • Emerging Economies Challenge Western Innovation Thursday, 10 Nov 2011 | 3:56 PM ET

    Can India transition from being the favored destination for offshored services to a locus of innovation?

  • Greentech Auto CEO on China Venture     Thursday, 10 Nov 2011 | 7:18 AM ET

    Weighing in on Green Tech Auto's joint venture in China Terry McAuliffe, former DNC chairman/Greentech Auto CEO, who says the electric vehicle is the beginning of a new market for the company and the venture in China will bring 2,000 jobs to the U.S.

  • Chow Tai Fook Jewelery Cuts Hong Kong Listing Size Thursday, 10 Nov 2011 | 5:04 AM ET
    Two women look at a jewelry display in a luxury shopping mall in Shanghai. Following in the footsteps of Japan, China has become the world's second-largest consumer of high-end fashion, accessories and luxury goods.

    Chow Tai Fook Jewelery has been forced to slash the size of its planned Hong Kong listing because of market volatility but still hopes to raise up to $3 billion next month, according to people close to the deal, which could be the city’s largest initial public offering this year.  The FT reports.

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