Asia-Pacific News


  • IMF Warns of 'Middle-Income Trap' in Emerging Asia Sunday, 28 Apr 2013 | 11:16 PM ET

    Middle-income Asian economies must improve government institutions and liberalize rigid labor and product markets if they wish to reach the level of developed countries, the International Monetary Fund (IMF) said on Monday.

  • Is China on a ‘German-Style’ Growth Plan? Sunday, 28 Apr 2013 | 10:52 PM ET

    China's reform mantra sounds like a German-style plan that looks to combine growth with discipline, says this economist.

  • Modest Wages of China Execs Still Too High Sunday, 28 Apr 2013 | 9:17 PM ET

    Chinese executives at state-owned groups have long been among the lowest paid of their global peers, but even their apparently meager pay is generating controversy. The Financial Times reports.

  • China's Growth in Question as PMI Data Loom Sunday, 28 Apr 2013 | 8:53 PM ET

    The latest snapshot of manufacturing activity in China could be a key focus for Asian markets this week as talk grows that China's economy has lost steam.

  • Bangladesh Factory Owner Arrested at Border Sunday, 28 Apr 2013 | 8:01 PM ET

    Fire broke out on Sunday in a garment factory that collapsed in the Bangladeshi capital, complicating attempts to find any survivors that has already killed 377 people.

  • Indian Hedge Funds Dare Where Others Fear to Tread Sunday, 28 Apr 2013 | 6:39 PM ET

    Indian hedge fund manager Kalpesh Kinariwala is so sure of his equity strategies in a country that has stumped foreign rivals that he sends a daily e-mail tracker of his performance - including to competitors.

  • In the Apple-Samsung Fight, ‘Arms Dealers’ Win Sunday, 28 Apr 2013 | 3:52 AM ET
    Qualcomm Inc., Chairman and CEO Dr. Paul E. Jacobs.

    Forget Apple or Samsung. As the smartphone market continues to expand, the arms dealers that supply chips to the industry should win out.

  • Japan's ANA Takes Its First 787 Flight Since Grounding Saturday, 27 Apr 2013 | 11:33 PM ET
    Boeing 787 Dreamliiner

    All Nippon Airways, the Japanese launch customer for Boeing Co's 787, flew its first Dreamliner in more than three months on Sunday to test reinforced batteries installed by the U.S. aircraft maker.

  • China's Big Dilemma: Yuan Liberalization Saturday, 27 Apr 2013 | 10:40 PM ET

    China's central bank has been talking tough on currency reform while it has also intensified market intervention, highlighting the fine line it must walk in trying to liberalize the yuan.

  • Detained American Tourist to Face Trial in North Korea Saturday, 27 Apr 2013 | 5:44 AM ET
    North Korean soldiers.

    North Korea said on Saturday a Korean-American tourist, jailed by the reclusive state since late last year, will face trial for "committing crimes" against the North, a move that could further stoke tensions with the United States.

  • Will Microsoft's Xbox Win More Gamers? Saturday, 27 Apr 2013 | 1:40 AM ET
    Corporate Vice President of Microsoft Studios Phil Spencer speaks during the Microsoft Xbox press conference at the Electronic Entertainment Expo at the Galen Center on June 4, 2012 in Los Angeles.

    On Wednesday, Microsoft confirmed the worst-kept secret in the video game world: It plans to unveil its next generation console on May 21.

  • Boom, Bust and Rebound: China's 'Red Obsession' Saturday, 27 Apr 2013 | 1:34 AM ET

    No other group of consumers has transformed the Bordeaux market quite like China's new rich, a theme explored in a film, "Red Obsession." What now after the bursting of the bubble?

  • China Factory Profit Surge Signals Recovery Is On Friday, 26 Apr 2013 | 11:57 PM ET

    China's industrial profits grew 12.1 percent in the first quarter this year from a year ago, official data showed on Saturday, signaling that China's economic recovery is stabilizing.

  • Big Brands Face Scrutiny Over Factory Safety Friday, 26 Apr 2013 | 4:22 PM ET
    Rescue workers look for trapped garment workers in the collapsed Rana Plaza building in Savar.

    As Bangladesh reels from the deaths of hundreds of workers in a building collapse, global retailers' refusal to pay for strict, nationwide factory inspections is again focusing scrutiny on the industry.

  • Honda and Mazda expect to post vastly higher profits this year as they take advantage of export-friendly currency moves, but will face high costs of expansion.

  • China's Credit Bubble: Where Did All the Money Go? Friday, 26 Apr 2013 | 7:09 AM ET

    After China's first quarter growth numbers disappointed markets, two analysts say China is failing to benefit from its brisk credit growth.

  • Bank of Japan Pushes Yen Further Away From 100 Friday, 26 Apr 2013 | 3:42 AM ET

    The yen moved further away from the 100-level against the U.S. dollar on Friday after the Bank of Japan left its monetary policy unchanged.

  • Japan to Hit 2% Inflation by End of 3 Years: BOJ Friday, 26 Apr 2013 | 3:30 AM ET

    The Bank of Japan forecast on Friday that inflation will rise to around 2 percent towards the latter half of the next three years due to its massive stimulus plan.

  • Why Alibaba Could Be China’s Next $100 Billion IPO Friday, 26 Apr 2013 | 1:28 AM ET

    Sooner or later, Alibaba's founder, Jack Ma, will need to offer some kind of exit for his backers, not to mention employees, and an initial public offering is the most likely solution

  • Risk of Bond Market Revolt in Japan: Expert Friday, 26 Apr 2013 | 12:46 AM ET

    Japan's radical monetary policy that targets an inflation rate of 2 percent in the next two years could spark a crisis in the country's bond market, according to one expert.

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