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Asia-Pacific News

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  • Bo Xilai

    The trial of disgraced senior Chinese leader Bo Xilai, the central figure in the country's biggest political scandal in decades, will not be held on Monday as some media had reported, a court official in the southern Chinese city of Guiyang said.

  • Indonesia-focused miner Bumi will announce plans for a smaller board and a new company name as it seeks to break with two years of damaging battles between investors, a source familiar with the matter said on Sunday.

  • Mitsubishi's electric vehicle i-miev have been used in the wrecked cities in northeastern Japan not because of any special ability to claw their way over mountains of debris, but because they were able to “refuel” at common electrical outlets.

    Mitsubishi Motors said it is recalling about 14,700 electric vehicles globally due to a brake problem unique to the electric-powered cars in one of the biggest callbacks involving the new generation of eco-friendly cars.

  • Former Chinese President Jiang Zemin

    A decade after he stepped down as China's top leader, the powerful Communist Party elder Jiang Zemin has used the death of a former rival to signal that he may allow his political shadow to recede and give the nation’s newest leader more room to consolidate his authority. The New York Times reports.

  • Apple's third straight disappointing quarter signals an urgent need for the global technology leader to drum up new revenue - and China may provide the answer.

  • South Korea's Hyundai Motor posted a surprise 5.5 percent fall in quarterly net profit, missing forecasts, as record car sales were dented by the impact of a stronger local currency and the cost of compensating drivers in North America for overstated fuel-economy claims.

  • South Korea's economy grew 0.4 percent in the fourth quarter, the central bank's advance estimates showed on Thursday, up from the preceding quarter and roughly matching market expectations.

  • Japan logged a record annual trade deficit in 2012 as exports continued to slide in December in a worrying signal that the effects of a weaker yen and the new government's moves to boost the economy with fiscal and monetary stimulus have been slow in coming.

  • Korean rapper Psy (C) teaches Red Bull Racing drivers Mark Webber (L) and Sebastian Vettel (R) the Gangnam Style dance before the Korean Formula One Grand Prix at the Korea International Circuit on October 14, 2012 in Yeongam-gun, South Korea.

    Even as the South Korean economy struggled in 2012, there was one bright spot-K-Pop sensation Psy's "Gangnam Style" video–that helped bring a record number of tourists boosting revenues to a new high.

  • South Korea's threat to impose a broad tax on financial transactions is the first sign of deepening concern in Asia that speculation of competitive currency devaluations is prompting investors to head for the exit.

  • China's official purchasing managers' index (PMI) eased to 50.4 in January, the National Bureau of Statistics said on Friday, missing market expectations and underscoring that the economy is making only a mild recovery from its weakest year since 1999.

  • Profit at India's top mobile network operator Bharti Airtel fell for the twelfth successive quarter, with higher costs dragging its results well below market expectations.

  • Hong Kong residents are obsessed with property, and I'm no exception. But I never thought my dank, dark car park space in the building where I live would turn out to be my best investment ever. I bought it four years ago for $90,000. Recent deals indicate it's now worth $167,000, an 85 percent increase.

  • Shortly after the central bank announced an addition to its regulatory tool kit, the Short-term Liquidity Operation (SLO), analysts started wondering if this meant small-scale quantitative easing. The Caixin Media reports.

  • All Nippon Airways, Asia's top airline by revenue, has cancelled close to 850 flights over a 4-week period and rescheduled more than 82,000 passengers due to the grounding of the Boeing 787 Dreamliner jet with undiagnosed battery problems.

  • Chinese shares are having their day in the sun, with the benchmark Shanghai stock index trading at an eight-month high on Thursday. The rally, however, may be close to running its course, some analysts say.

  • The Helix Bridge and Marina Bay Sands in Singapore

    As rising prices threaten high living standards, this Asian financial hub may be at risk of becoming a victim of its own success.

  • Investors have been reaping the benefits of a bull run on the Australian Securities Exchange, but a correction is looming and they should take heed, said analysts.

  • Japanese equities have soared on expectations Prime Minister Abe's leadership will be a game changer for the economy, but is there is too much optimism priced into the stocks?

  • That is the vision for Singapore is to have more babies to build the ranks of Singaporeans and get set for a construction boom but accept heavier congestion and more foreign workers as the crowded Asian city-state grows into a global center with 30 percent more people.

Editor's Picks

Asia Video

  • Ivan Szpakowski, Metal Analyst, Credit Suisse Commodities Research talks about the shift in copper demand and supply in China.

  • John Vail, Chief Global Strategist, Investment Strategy Group, Nikko Asset Management says although there are divergent readings between China's official readings and the HSBC PMI, both are above 50 which indicates modest acceleration in growth.

  • Ron Sim, CEO, OSIM International tells CNBC's Cash Flow why his company has done so well and how he intends to expand into China.