Asia-Pacific News


  • China Seeks to Eliminate a Key World Bank Report Monday, 6 May 2013 | 7:49 PM ET
    World Bank Group President Jim Yong Kim

    China is leading an effort to water down the World Bank's most popular research report, where the country scored low rankings for its bureaucracy and tax system, in a test of the institution's new president. The FT reports.

  • China to Crack Down on Faked Export Deals Monday, 6 May 2013 | 7:40 PM ET

    China has vowed to crack down on companies that have been secretly channeling cash into the country. The Financial Times reports.

  • China Is Waging Cyberattacks: Pentagon Monday, 6 May 2013 | 3:27 PM ET
    A building in a Shanghai suburb that is reportedly a center of cyberespionage.

    The Pentagon has accused the Chinese government and military of conducting computer-based sabotage, including efforts to steal information from federal agencies.

  • Countries Woo Rich Chinese With Foreign Visas Monday, 6 May 2013 | 1:47 PM ET

    Wealthy Chinese are on a global shopping spree. Along with handbags, art and condos, they're also buying foreign visas.

  • Small businesses you can’t believe exist Monday, 6 May 2013 | 1:31 PM ET

    Some small businesses provoked skepticism, but the public embraced them and the entrepreneurs who backed them had the last laugh. Here are 10 small businesses founded on unorthodox ideas.

  • More Retail Investors Own Apple Than Ever: TD Monday, 6 May 2013 | 12:15 PM ET

    Retail investors loaded up on Apple last month. So much so that the stock now has more ownership than ever in the history of TD Ameritrade.

  • New Tech That Could Change Everything Monday, 6 May 2013 | 6:29 AM ET
    A MakerBot 3-D printer prints Nokia cellphone cases.

    There's little doubt that the 20th century was full of breakthroughs that changed history. But the 21st century could go a step further, according to Citi.

  • Yum? China Probes Mutton Supplier in New Food Scare Monday, 6 May 2013 | 5:53 AM ET
    Chinese lamb stew hot pot

    Shanghai authorities are testing mislabeled mutton from a wholesaler that supplies a chain of hot pot restaurants run by U.S. fast food firm Yum Brands.

  • May Could Be Month Dollar-Yen Finally Breaks 100 Monday, 6 May 2013 | 2:32 AM ET

    April just wasn't meant to be the month for the dollar to push decisively above 100 yen. Perhaps May will be.

  • Malaysia Vote Puts This Currency Back in Play Monday, 6 May 2013 | 12:33 AM ET

    After Malaysia's ruling coalition won a tightly-fought election on Monday, analysts are turning bullish on the country's currency, expecting the ringgit to strengthen.

  • Growth in China's services sector slowed sharply in April to its lowest point since August 2011, a private sector survey showed on Monday.

  • Should Australia Cut Rates? Markets Are Split Sunday, 5 May 2013 | 10:28 PM ET

    A Reserve Bank of Australia (RBA) meeting on Tuesday is expected to be one of the main highlights for Asian markets this week, with traders split as to whether the central bank will deliver an interest rate cut to boost economic growth.

  • Malaysia Stocks Hit Record High After Elections Sunday, 5 May 2013 | 10:04 PM ET
    Malaysia's Prime Minister and Barisan Nasional (BN) chairman Najib Razak celebrates his election victory in Kuala Lumpur.

    Malaysia's financial markets witnessed a historic day Monday as the benchmark stock index soared to an all-time high after the country's ruling coalition returned to power.

  • 'Greasy Palms' Holding Back India's Retail Growth Sunday, 5 May 2013 | 9:41 PM ET

    A Hong-Kong entrepreneur spent 18 months operating branded clothing retail stores in India before deciding it was impossible to succeed without paying bribes.

  • Malaysia's Ruling Coalition Wins Tight Election Sunday, 5 May 2013 | 8:23 PM ET
    Malaysia's Prime Minister and Barisan Nasional (BN) chairman Najib Razak celebrates his victory on election day on May 5, 2013 in Kuala Lumpur/

    Malaysia's governing coalition extended its half-century rule despite its worst-ever performance in a general election, potentially undermining Prime Minister Najib Razak.

  • Singapore's Wealthy Probed in Hunt for Tax Cheats Sunday, 5 May 2013 | 8:02 PM ET

    Banks in Singapore are urgently scrutinizing their account holders as an imminent deadline on stricter tax evasion measures forces them to decide whether to send some of their wealthiest clients packing.

  • Why Apple's Iron Grip on Accessories Is Slipping Sunday, 5 May 2013 | 7:07 PM ET

    Manufacturers are gravitating toward wireless connections for Apple’s products, which is helping the market for competitors’ mobile devices.

  • Hong Kong's IPO Market Heats Up With 2 Huge Deals Sunday, 5 May 2013 | 3:26 PM ET
    Hong Kong Stock Exchange

    A unit of Sinopec Group and brokerage China Galaxy Securities are launching Hong Kong IPOs on Monday seeking to raise up to $3.5 billion in total, injecting life into Asia's moribund IPO markets.

  • How the Yen Could Push Japan Back to Nuclear Energy Sunday, 5 May 2013 | 9:41 AM ET
    Fukushima Dai-Ichi nuclear power plant in Okuma, Fukushima Prefecture, Japan

    Japan's monetary policy and its sliding currency may have an unintended side-effect: pushing the country back into the embrace of nuclear technology.

  • Facebook earnings had the Street talking social media and mobile in tech this week. But investors may not want to ignore Microsoft, say analysts.

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