Asia-Pacific News


  • Singapore's Biggest Bank Posts Record Quarterly Profit Wednesday, 1 May 2013 | 9:54 PM ET

    DBS posted a record quarterly profit, beating expectations, as higher fee and commission income offset a slight drop in income from its key lending business.

  • Bold Easing Could Hurt Markets, BOJ Members Warn Wednesday, 1 May 2013 | 9:38 PM ET
    Bank of Japan building in Tokyo

    Some members of the Bank of Japan's policy board expressed concerns that increased purchases of government debt could actually impair financial markets and discourage bank lending.

  • US to China: Stop Stealing Our Trade Secrets Wednesday, 1 May 2013 | 9:07 PM ET

    The U.S. Trade Representative's office criticized China on Wednesday for failing to stop the growing theft of American trade secrets that are the lifeblood of U.S economic might.

  • New Bird Flu Poses 'Serious Threat,' Scientists Say Wednesday, 1 May 2013 | 8:54 PM ET

    A new strain of bird flu that is causing a deadly outbreak among people in China is a threat to world health and should be taken seriously.

  • Malaysia Heads to Polls Amid Calls for Change     Wednesday, 1 May 2013 | 8:45 PM ET

    Malaysia is gearing up for what is being touted as its most closely contested election. Prime Minister Najib Razak and Opposition leader Anwar Ibrahim will go head to head, putting the country's ruling coalition to the ultimate test.

  • Is Abe Returning Japan to Its Authoritarian Past? Wednesday, 1 May 2013 | 7:31 PM ET
    Japanese Prime Minister Shinzo Abe.

    Japan's Prime Minister Shinzo Abe makes no secret of wanting to revise Japan's constitution to formalize the country's right to have a military - but critics say his plans go deeper.

  • Foreign Holdings of US Securities Have Exploded Wednesday, 1 May 2013 | 12:37 PM ET

    Foreigners now hold a record of more than $13 trillion in American securities as the U.S. seeks to assert itself as the safest port in troubled global waters.

  • Adding the Costs of the Boston Bombings Wednesday, 1 May 2013 | 11:37 AM ET

    In a matter of moments, the Boston Marathon bombings inflicted as much as $333 million in damage to the local economy. Here's a breakdown.

  • Oil Plunges as US Supplies Rise to New Record Wednesday, 1 May 2013 | 11:01 AM ET

    WTI oil prices saw the largest one-day percentage slide since November, after the U.S. EIA reported crude oil supplies rose far more than expected last week.

  • Where Do the World’s Happiest Consumers Live? Wednesday, 1 May 2013 | 2:52 AM ET

    The world's most optimistic consumers reside in this populous Asian country, according to a survey by Nielsen.

  • Malaysia's Close Election Race: What's at Stake Wednesday, 1 May 2013 | 1:13 AM ET
    Supporters calling for electoral reform, ahead of the country's 13th general election this weekend.

    A general election in Malaysia this Sunday is shaping up to be the most hotly-contested poll ever to be held in Southeast Asia's third biggest economy. And the outcome could be much tighter than markets are anticipating, Malaysia watchers say.

  • Keyboard Crazy: Is BlackBerry Back in the Game? Wednesday, 1 May 2013 | 1:08 AM ET

    London’s department store Selfridges said BlackBerry's new Q10 model is its “fastest-ever selling” technology product, but analysts remain unconvinced that this high demand will help the mobile maker remain relevant in a tough market.

  • The 'Main Story' Inside China Manufacturing Report Wednesday, 1 May 2013 | 12:17 AM ET

    China reported relatively benign manufacturing data on Wednesday, but analysts said the real story was the substantial fall in new factory orders, which they believe has the potential to trigger stimulus action from the government.

  • EU Mulls Trade Action on Bangladesh After Disaster Wednesday, 1 May 2013 | 12:11 AM ET
    Rescuers at the scene after the Bangladesh building collapse in April.

    The European Union voiced strong concern over labor conditions in Bangladesh after a building collapse there killed hundreds of factory workers, and said it was considering action to encourage improvements.

  • China's Factory Activity Posts Surprise Dip in April Wednesday, 1 May 2013 | 12:03 AM ET

    Growth in China's manufacturing sector unexpectedly slowed in April as new export orders fell, raising fresh doubts about the strength of the economy after a disappointing first quarter.

  • Sharp Could Post $5.1 Billion Loss; Shares Slide Tuesday, 30 Apr 2013 | 9:18 PM ET

    Sharp, Japan's leading maker of liquid crystal displays posted a worse than forecast 500 billion yen ($5.1 billion) net loss as panel plants asset write offs crimped its bottom line.

  • Luxury Retailers Bet on Casino Approach in China Tuesday, 30 Apr 2013 | 7:26 PM ET

    With flagging sales in their mainland stores and increasingly price savvy consumers, luxury retailers are taking a lead from casinos' play books by offering junkets in their Hong Kong stores.

  • Apple Bonds: 'Market Is Going to Be All Over It' Tuesday, 30 Apr 2013 | 6:52 PM ET
    Apple CEO Tim Cook

    Apple's move to issue debt could be just the thing the battered company needs to rehabilitate its image with investors.

  • Bonderman on Japan: 'Over Time, I Hate the Place' Tuesday, 30 Apr 2013 | 4:10 PM ET
    David Bonderman, founding partner of Texas Pacific Group

    The founder of private equity group TPG Capital tells the Milken Institute Global Conference that Japan is one of the most challenged nations on earth.

  • 9-Year-Old Ferrari Driver Sparks Outrage in India Tuesday, 30 Apr 2013 | 1:54 PM ET
    A 9-year old kid in India was videotaped driving a Ferrari F430 like this one featured, creating an uproar over India's super-rich.

    The sight of a third-grader driving a $200,000 sports car in a country with crippling poverty has touched off a new round of controversy in the East over the new class of the super-rich, and the dangers of wealth gone wild.

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