Asia-Pacific News


  • Android Tablet Shipments Will Top iPad This Year Wednesday, 13 Mar 2013 | 12:55 AM ET

    Shipments of tablets running Google's Android will overtake the iPad this year for the first time, the IDC predicted.

  • NAB Unveils Plan to Save $825 Million a Year Wednesday, 13 Mar 2013 | 12:27 AM ET

    National Australia Bank, Australia's largest bank by assets, said it would not engage in a "desperate fire sale" of its UK unit, as it announced restructuring plans to save up to A$800 million ($825 million) a year.

  • Singapore Police to Share Death Evidence With FBI Wednesday, 13 Mar 2013 | 12:03 AM ET

    Singapore's police have pledged to share with the FBI evidence they collected in the death of Shane Todd, an American engineer found hanged in his Singapore apartment in June, Singaporean foreign minister, K. Shanmugam, said on Tuesday.

  • Is AirAsia a Game Changer for Indian Aviation? Tuesday, 12 Mar 2013 | 11:37 PM ET
    Tony Fernandes, chief executive officer of AirAsia.

    While it might be some time before AirAsia starts flying in India, the near $15 million deal that gives the budget carrier a 49 percent stake in a new Indian airline is restoring confidence in the turbulent sector.

  • Silicon Valley to Bash India Over Market Access Tuesday, 12 Mar 2013 | 11:27 PM ET

    A lobby group representing US technology companies is set to attack India for its domestic procurement policies at a congressional hearing Wednesday, in a sign of growing concern among multinationals about market access in the south Asian nation. The Financial Times reports.

  • 'Abenomics' Comes at Expense of Silver Savers Tuesday, 12 Mar 2013 | 10:10 PM ET

    The "reflationary" policies of Japan's Prime Minister Shinzo Abe may be just what the economy needs, but it will come at the expense of Japan's fastest-growing demographic group: its so-called "silver savers.

  • BHP Faces Questions Over Olympics Hospitality Tuesday, 12 Mar 2013 | 9:05 PM ET

    BHP Billiton Ltd said authorities had asked it about its sponsorship of the 2008 Beijing Olympics and said it had complied with all applicable laws, after media reported it was facing an investigation.

  • China's Rising Environmental Challenge     Tuesday, 12 Mar 2013 | 8:45 PM ET

    Fears in China are rife that pollution is out of control after 6,000 dead pigs were cleared from a Shanghai river.

  • Is This Chinese Firm Just Too Big to Fail? Tuesday, 12 Mar 2013 | 8:19 PM ET

    Cash-strapped Chinese solar panel maker Suntech Power is likely to be bailed out by the state, despite a temporary reprieve from some debt holders, as it struggles to cover a $541 million convertible bond.

  • Samsung, Blackberry and Apple Make Mobile Moves Tuesday, 12 Mar 2013 | 10:34 AM ET

    Tech is about to come out of winter hibernation. This week: the U.S. gets to pre-order the BlackBerry Z10, and Samsung unveils the Galaxy S4.

  • OPEC: World Oil Demand Could Fall Short of Forecasts Tuesday, 12 Mar 2013 | 7:40 AM ET

    World oil demand growth could fall short of forecasts in 2013, producer group OPEC said on Tuesday, citing economic risks in the euro zone and the United States.

  • Central Bank 'Crackpot Ideas' Splitting Society: Pro Tuesday, 12 Mar 2013 | 4:54 AM ET
    Federal Reserve Building, Washington, D.C.

    Loose monetary policy by central banks around the world has made us sick, according to Societe Generale's former strategist Dylan Grice, who says that cheap money has caused divisions in society and in some cases could even add to the risk of war.

  • Can a Pawn Shop Revive Hong Kong's IPO Market? Tuesday, 12 Mar 2013 | 4:05 AM ET

    Could the successful listing of a Hong Kong pawn shop, whose shares surged over 30 percent on their debut Tuesday, be the catalyst that injects life back into the city's lackluster IPO market?

  • Has India's Economy Turned a Corner? Tuesday, 12 Mar 2013 | 3:16 AM ET

    India's industrial output expanded for the first time in three months in January, an early sign that Asia's third largest economy may have turned a corner but it likely won't prevent the central bank from easing monetary policy further.

  • Talk of a "great rotation" out of bonds and into equities is misleading, according to Lombard Odier.

  • Why $1,540 Is a Critical Level for Gold Tuesday, 12 Mar 2013 | 12:35 AM ET

    The most important number for COMEX gold is $1,540 an ounce. This has determined the precious metal's course in the past and could do so going forward.

  • Why the Bank of Korea Could Cut Rates Soon Monday, 11 Mar 2013 | 10:13 PM ET

    South Korea's central bank is expected to hold fire, keeping its policy rate steady for a fifth straight month, while the odds of at least one more cut this year have increased as the local economy struggles to gain momentum.

  • Less Is More: The Message China Must Heed Monday, 11 Mar 2013 | 9:08 PM ET

    It is likely to be tough, but China's new leadership needs to do less and not more if it wants an economy driven by consumption rather than investment and exports.

  • China Politics Keep Central Bank Hawks at Bay Monday, 11 Mar 2013 | 8:38 PM ET

    Fierce lobbying by central government agencies and debt-laden local governments is keeping the hawks at China's central bank in check for now.

  • Why Barclays Is Positive On Renren     Monday, 11 Mar 2013 | 8:23 PM ET

    Alicia Yap, Barclays's Head of China Internet Research and Asia Ex-Japan Equity Research, explains why she is still positive on Chinese social networking company Renren despite the current quarter's weak guidance.

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