Asia-Pacific News


  • BRIC Powerhouses Risk 'Middle-Income Trap' Monday, 3 Jun 2013 | 4:48 AM ET

    The BRIC economies, which have driven much of the global growth over the past decade, could be entering a middle-income trap, a shift which could have far reaching implications for the world.

  • Things Are Looking Bad Outside China, Too Monday, 3 Jun 2013 | 1:34 AM ET

    Global growth engine China isn't the only economy in the world exhibiting signs of weakness, according to the latest purchasing managers index (PMI) readings published on Monday.

  • Is Another Turbulent Month in Store for Markets? Monday, 3 Jun 2013 | 1:13 AM ET

    Japan's benchmark Nikkei stock index fell to its lowest level in almost six weeks on Monday, raising the specter of a second month of volatility for the world's major equity markets.

  • A retiree watches stock prices on the Australian Stock Exchange (ASX) in Sydney, Australia.

    Australian equities have fallen almost 7 percent since mid-May, wiping out a sizable portion of the year's gains. But this winter could turn out to be 'wonderland' of opportunities to investors.

  • Dollar-Yen at 89? It Could Happen by Year-End Sunday, 2 Jun 2013 | 10:46 PM ET

    The dollar-yen, which has fallen almost 3 percent from a four and half year high in May and is barely hanging on to the 100 mark, is likely to hit 89 by the end of the year, according to one economist.

  • China May HSBC PMI at Worst Level Since October Sunday, 2 Jun 2013 | 9:52 PM ET

    China's factory activity shrank for the first time in seven months in May, a private survey showed, adding to concerns that the world's second-largest economy is losing momentum.

  • North Korea Surrenders to Foreign Currency Invasion Sunday, 2 Jun 2013 | 8:54 PM ET

    Chinese currency and U.S. dollars are being used more widely than ever in North Korea instead of the country's own money, a testament as to how much Kim Jung-un has lost control over the economy.

  • Foreign Investors Still Barred from This, in China Sunday, 2 Jun 2013 | 8:20 PM ET

    Ms. Wang, considered to be the richest woman in Asia and a flamboyant figure, faced an obstacle: Foreigners were barred from holding stakes in Chinese financial institutions.

  • Will It Be Hit or Miss for Abe's Final Arrow? Sunday, 2 Jun 2013 | 7:18 PM ET

    There has been a certain buzz around Japan since Prime Minister Shinzo Abe promised radical change. Whether that will last or fizzle out will depend on what long-term strategy Abe outlines this week.

  • India's Tech Giant Recalls Founder to Trouble Shoot Sunday, 2 Jun 2013 | 12:20 AM ET

    India's No. 2 IT services firm Infosys grappling with disappointing results and loss of market share, has recalled founder and former chairman N.R. Narayana Murthy to act as executive chairman for five years.

  • China's May Factory Activity Stronger Than Expected Saturday, 1 Jun 2013 | 12:01 AM ET

    China's official PMI rose to 50.8 in May from 50.6 in April, data showed on Saturday, beating market expectations and raising optimism for the world's second-largest economy.

  • S. Korea Suspends Imports on 'Frankenwheat' Fears Friday, 31 May 2013 | 12:50 PM ET

    South Korean millers suspended imports of U.S. wheat on Friday after the discovery of an unapproved strain of genetically modified wheat.

  • Apple Joins Other Brands in Hiking Prices in Japan Friday, 31 May 2013 | 7:08 AM ET
    Customers at the Apple flagship store in New York City.

    Apple hiked prices in Japan, becoming the latest brand to foreign firms asking Japanese consumers to pay more as a weakening yen squeezes income.

  • Mandarin the New Language of Private Banking? Friday, 31 May 2013 | 12:39 AM ET

    With so many super rich in Chinese-speaking countries, many have begun to speculate about a shift from the usual English or German to Mandarin.

  • One Surprising Factor Driving Inflation in Japan Friday, 31 May 2013 | 12:25 AM ET

    Consumer prices in Tokyo rose for the first time since 2009 in May and televisions were the factors behind the surprise inflation.

  • China Stocks—May's Best Performers Friday, 31 May 2013 | 12:04 AM ET

    Asia's infamous stock market laggard seems to have regained a little swagger in May. Even as most major global markets managed to shake off the "sell-in-May" syndrome, it's China that's taken the lead position in the gains.

  • Myanmar: The Next Austria? Thursday, 30 May 2013 | 11:53 PM ET

    Myanmar could be the next Austria, according to Aung Tun Thet, a member of President Thein Sein's National Economic and Social Advisory Council.

  • Can Global Markets Shake Off the Nikkei Jitters? Thursday, 30 May 2013 | 11:08 PM ET

    Japan's blue-chip stock index has in May suffered its two sharpest sell-offs for the year and its high volatility is fueling concern about a spill over into other major markets.

  • How South Koreans Show Loyalty to Their Companies Thursday, 30 May 2013 | 10:43 PM ET

    In South Korea, pressuring employees to buy their own company's products as a way of boosting sales and manipulating profits remains a fairly common practice. The GlobalPost reports.

  • Chinese Tourists Behaving Badly Thursday, 30 May 2013 | 10:40 PM ET

    Chinese tourists have recently found themselves at the center of controversy and anger over poor etiquette abroad.

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Asia Video

  • Felicity Emmett, head of Australian Economics at ANZ, discusses the Reserve Bank of Australia's decision to stand pat on rates and explains why the central bank prefers the Aussie dollar to be lower.

  • Tony Nash, vice President of Delta Economics, discusses whether U.S. equity markets are overvalued, after the Nasdaq closed above the 5,000 milestone on Monday.

  • After rolling out a rate cut last month, the Reserve Bank of Australia could adopt a "wait and see" attitude at Tuesday's meeting, says Callum Henderson, global head of FX Research at Standard Chartered.