Asia-Pacific News


  • Aussie dollar back to its job as ‘shock absorber’ Thursday, 25 Jul 2013 | 4:31 AM ET

    The Aussie's stubborn strength early 2013 provided a hindrance to the economy, but recent declines show the currency once again fulfilling its role as a "shock absorber."

  • Slowdown in Emerging Asia may have hit bottom Thursday, 25 Jul 2013 | 2:12 AM ET
    Shoppers walk in the Myungdong shopping district in Seoul, South Korea.

    Economic growth in emerging Asian countries, which have slowed sharply since the start of the year, may have bottomed out with signs of a turnaround under way, economists say.

  • The trade that has plenty of ‘juice’ in it Thursday, 25 Jul 2013 | 2:09 AM ET

    Strategists say that the New Zealand dollar it is the one to watch amid talk that the country could be the first in the developed world to tighten monetary policy.

  • China's once-powerful politician charged for corruption Thursday, 25 Jul 2013 | 1:38 AM ET
    Former senior Chinese politician Bo Xilai

    China charged senior politician Bo Xilai with bribery, abuse of power and corruption on Thursday, paving the way for a trial that is seen by many as a test for legal reform.

  • Is the Japanese foreign bond binge finally under way? Wednesday, 24 Jul 2013 | 11:49 PM ET

    Japanese investors snapped up foreign bonds for a third straight week last week and analysts say that the long-awaited trend may be finally under way.

  • What if China lands hard? SocGen outlines the scenario Wednesday, 24 Jul 2013 | 11:21 PM ET

    Investment bank Societe Generale (SocGen) has warned that investors are getting complacent about the likelihood of a China hard landing this year.

  • Is Beijing getting worried? China unveils growth juice Wednesday, 24 Jul 2013 | 8:24 PM ET

    China will scrap taxes for small firms, offer more help for ailing exporters and widen funding channels to speed railway investment, the cabinet said on Wednesday, in Beijing's latest efforts to boost the slowing economy.

  • South Korea's economic growth hits two-year high Wednesday, 24 Jul 2013 | 7:52 PM ET
    Shoppers walk in the Myungdong shopping district in Seoul, South Korea.

    South Korea's economy grew at its quickest pace in over two years in Q2 as stimulus measures offset sluggish exports, but emerging slowdown in China has clouded the outlook.

  • Is China's debt nightmare a province called Jiangsu? Wednesday, 24 Jul 2013 | 7:46 PM ET

    The nightmare scenario for China's leaders as they try to wean the country off easy credit and breakneck expansion is a local government buckling under the weight of its own debt.

  • Apple investors bet cheap iPhone can offset China Wednesday, 24 Jul 2013 | 10:10 AM ET
    Apple CEO Tim Cook

    Apple reported earnings and revenue that beat analyst forecasts - but the company's Achilles heel was plain for all to see: shrinking margins and slowing China sales.

  • Global IPO market half the size it should be: SGX CEO Wednesday, 24 Jul 2013 | 3:50 AM ET
    Magnus Bocker, chief executive officer of Singapore Exchange

    The global market for initial public offerings (IPOs) is nearly half the size it should be, the CEO of the Singapore exchange Magnus Bocker told CNBC.

  • Is China about to launch a new round of stimulus? Wednesday, 24 Jul 2013 | 3:30 AM ET

    China's weak manufacturing data may trigger fresh stimulus measures from the government as Beijing looks to defend its 7.5 percent annual growth target, say economists.

  • China's latest austerity target? State buildings Wednesday, 24 Jul 2013 | 1:38 AM ET

    China has banned the construction of government offices for the next five years, ratcheting up an austerity campaign that has already taken a toll on the economy. The FT reports.

  • For Japan, weak yen still can't offset China slowdown Wednesday, 24 Jul 2013 | 12:31 AM ET

    Weaker-than-expected Japanese export numbers on Wednesday suggest that even a strong boost from a weak yen may not be enough to protect exporters from slowing demand in China.

  • Singapore closes in on Switzerland as wealth hub Tuesday, 23 Jul 2013 | 11:38 PM ET
    Singapore's business district skyline at dusk

    Singapore rises as a global center for managing money with assets rising a quarter last year, putting it closer to matching Switzerland as a wealth management hub. The FT reports.

  • Here’s when to get out of the Nikkei rally Tuesday, 23 Jul 2013 | 11:25 PM ET

    Japan's Nikkei is the world's best performing major equity market this year and is tipped to head higher on yen weakness.

  • China's factory activity plunges to 11-month low Tuesday, 23 Jul 2013 | 9:50 PM ET

    China's factory activity shrank for a third straight month in July, a HSBC private survey of Chinese manufacturers showed on Wednesday.

  • Glaxo's China woes may extend to its drug research Tuesday, 23 Jul 2013 | 6:31 AM ET

    Glaxo's problems may go beyond the sales practices that are currently at the center of a bribery and corruption scandal in China. They may extend to its Shanghai research and development center.

  • India to call on non-residents to defend rupee: Report Tuesday, 23 Jul 2013 | 2:16 AM ET
    Indian Rupees

    India is considering calling on its millions of non-resident citizens to help reverse a record slide in the rupee, senior government officials told Reuters on Monday.

  • Singapore's business district skyline at dusk

    Singapore's central bank posted a S$10.61 billion ($8.39 billion) net loss in its last fiscal year as the SGD's gains diminished the value of its foreign currency holdings.

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