Asia-Pacific News


  • Nintendo video game pioneer dies at 85 Thursday, 19 Sep 2013 | 10:05 PM ET

    Former Nintendo President Hiroshi Yamauchi, who built the company into a video game giant, died on Thursday of pneumonia. He was 85.

  • The Fed's decision to continue with its asset-buying gives the rupee a reprieve and creates space for scaling back measures put in place to support the currency.

  • 5.3 magnitude earthquake strikes Japan's Fukushima Thursday, 19 Sep 2013 | 3:28 PM ET
    This is a satellite image of the Fukushima Nuclear Reactor in Okuma, Fukushima Prefecture.

    Early Friday, a 5.8 magnitude earthquake struck Fukushima prefecture in Japan which hosts Tokyo Electric Power Co Inc's nuclear power station.

  • Weak yen won’t sway Nissan: Ghosn Thursday, 19 Sep 2013 | 2:02 AM ET

    The weak yen may have come too late to convince manufacturers to keep production in Japan and Nissan will stick with its plans to localize its auto plants.

  • Let's party! Emerging markets cheer as Fed stays pat Thursday, 19 Sep 2013 | 12:17 AM ET

    The Fed's surprise decision to not taper has given emerging market assets a shot in the arm, with strategists now forecasting a multi-week rally.

  • Japan logs longest run of trade deficits in over 30 years Wednesday, 18 Sep 2013 | 8:05 PM ET
  • The fastest growing air route in the world is... Wednesday, 18 Sep 2013 | 9:31 PM ET

    Although the Rupiah has dipped in recent weeks, passengers are still flying from Jakarta to Singapore, now the world's fastest-growing air route.

  • The real reason why China home prices are soaring Wednesday, 18 Sep 2013 | 8:35 PM ET

    Housing prices in China's cities soared nearly 20 percent in August, the steepest increase on record since the government changed its policies.

  • Does China face more property curbs? Wednesday, 18 Sep 2013 | 4:59 AM ET
    At a property trade fair in Beijing, China

    China's property sector likely faces more cooling measures after prices rose in August, but economists say the next step will be to strike a delicate balance.

  • China's second-richest man attacked near home Wednesday, 18 Sep 2013 | 10:41 AM ET
    Zong Qinghou, chairman of Hangzhou Wahaha Group Co.

    China's second richest tycoon, Zong Qinghou, was attacked near his home in Zhejiang, Xinhua and suffered serious injuries to his hand.

  • Is Shanghai's free trade zone really a game changer? Wednesday, 18 Sep 2013 | 1:57 AM ET
    The Yangshan port in Shanghai, one of the districts that would be included into Shanghai's free trade zone.

    Excitement over a free trade zone in Shanghai has reached fever pitch in recent weeks but signs of waning enthusiasm have left some investors wondering – is Shanghai's free trade zone really a game changer?

  • New Zealand home prices under control Wednesday, 18 Sep 2013 | 12:15 AM ET

    New Zealand's property market is a key concern but the bubble will likely deflate over the next few years, said New Zealand's Deputy Prime Minister and Minister of Finance Bill English.

  • Business sentiment in Asia eroded in third quarter Wednesday, 18 Sep 2013 | 1:25 AM ET
    Shubiya district, Tokyo, Japan

    Business sentiment among Asia's top companies deteriorated in the third quarter, ending three consecutive quarters of improving sentiment.

  • China home prices rise for eighth straight month Tuesday, 17 Sep 2013 | 9:45 PM ET

    New home prices in China rose in 69 of 70 major cities in August from the previous year, official data showed on Wednesday, same showing as in July, backing the case for more cooling measures from the government.

  • Thankfully, 'hot money' is sticking with India Tuesday, 17 Sep 2013 | 10:49 PM ET

    Despite the rupee crisis, India's corporate sector remains blessed by the continued faith of foreign investors in many of its leading companies.

  • G’day, neighbor! Australia turns to Kiwi call centers Tuesday, 17 Sep 2013 | 10:14 PM ET
    Sydney, Australia

    When Aussies ring the support center, the voice at the other end of the line is from New Zealand, where call centers have been gaining clients from Australia.

  • Surviving founder of 'Toyota Way' dies at 100 Tuesday, 17 Sep 2013 | 3:09 PM ET

    Eiji Toyoda, who as a member of Toyota Motor’s founding family and an architect of its method that helped turned the automaker into a global powerhouse, died on Tuesday.

  • Emerging market rout? That was so 3 weeks ago Tuesday, 17 Sep 2013 | 5:24 AM ET
    An Indonesian woman walks past Jakarta's stock exchange.

    Investors appear to have had a sudden change of heart – emerging market equities have come back with a vengeance over the past three weeks, outperforming global stocks.

  • Burberry confident of China despite luxury curb Tuesday, 17 Sep 2013 | 2:45 AM ET

    China's crackdown on luxury goods has hit the world's luxury goods industry but Burberry remains confident of the potential of emerging markets.

  • In China, the Devil doesn't wear Prada Tuesday, 17 Sep 2013 | 12:59 AM ET
    Meryl Streep as Miranda Priestly in The Devil Wears Prada.

    The Devil, it seems, wears anything but Prada in the eyes of Chinese bloggers determined to expose corrupt officials flashing labels way past their pay grades.

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