Asia-Pacific News


  • Is It Game Over for Japanese Equities? Thursday, 13 Jun 2013 | 2:25 AM ET

    The stampede out of Japanese stocks resumed on Thursday, with the benchmark Nikkei 225 tumbling more than 6 percent as investors reassessed their outlook for the market.

  • Yen Surges as Safe-Haven Bid Back in Play Thursday, 13 Jun 2013 | 2:07 AM ET

    The yen strengthened to a 10-week high against the dollar on Thursday, as heightened concerns about Federal Reserve tapering brought the safe haven trade back into play.

  • Asia's Ticking Time Bonds: Time to Cut and Run? Wednesday, 12 Jun 2013 | 11:16 PM ET

    Efforts to make the global financial system safer could be making Asia more vulnerable to credit shocks, leaving bond traders worried that a sharp sell-off could turn into a rout.

  • Looking Good: Australia's Resilient Jobs Market Wednesday, 12 Jun 2013 | 10:42 PM ET
    A job seeker (R) shakes hands with a recruiter.

    Australian employment beat expectations with a small rise in May while the jobless rate surprised by ticking down to 5.5 percent, a resilient result.

  • Are Markets Facing a Crisis of Confidence? Wednesday, 12 Jun 2013 | 10:30 PM ET

    The rout in global financial markets that has spared few asset classes extended into Thursday, with Asian stocks plunging across the board.

  • Asia's Next Big Risk Is Rising Rates: World Bank Wednesday, 12 Jun 2013 | 9:23 PM ET

    As investors fret over the tapering off of U.S. monetary stimulus, a World Bank economist says such a move poses a particular risk to Asia.

  • Bank of Korea Holds Rates Steady, as Expected Wednesday, 12 Jun 2013 | 9:22 PM ET

    The Bank of Korea held interest rates steady on Thursday, possibly matching the analysts' consensus view that the cut in May was the last one for the year.

  • Shunning the American Dream to Return Home Wednesday, 12 Jun 2013 | 9:15 PM ET

    Asia’s economic development and a growing consumer class means the temptation to return home for those Asian entrepreneurs with a Western education is strong, experts say.

  • Fitch Upgrades India Outlook, Stuns Investors Wednesday, 12 Jun 2013 | 9:00 PM ET
    Mumbai, India

    Fitch Ratings returned India's sovereign outlook back to "stable" from "negative" a year after its initial downgrade, surprising markets with a validation of the government efforts.

  • North Korea Blames South for Collapse of Talks Wednesday, 12 Jun 2013 | 8:56 PM ET
    South Korean cars arrive from the Kaesong joint industrial complex in North Korea

    North Korea blamed the South on Thursday for scuttling fresh dialogue that aimed to ease tensions between the rival Koreas.

  • Snowden Vows to Fight Extradition From Hong Kong Wednesday, 12 Jun 2013 | 8:00 PM ET
    Edward Snowden

    Edward Snowden, the former National Security Agency employee, told a Hong Kong newspaper on Wednesday that he plans to stay and fight extradition. The New York Times reports.

  • Where Has Talk of Currency Wars Gone? Wednesday, 12 Jun 2013 | 7:49 PM ET

    India, Brazil and Indonesia have all intervened to boost their currencies. How much things have changed from a few months ago.

  • Look! Hot Money Is Fast Exiting Emerging Stocks Wednesday, 12 Jun 2013 | 4:20 AM ET

    Easy come, easy go - hot money is fast exiting emerging market equities, confirming worries over the negative consequences of ultra-loose monetary policy in the United States.

  • World's Oldest Person Dies at 116 in Japan Wednesday, 12 Jun 2013 | 12:46 AM ET
    Jiroemon Kimura on his 116th birthday in April

    The world's oldest person, 116-year-old Japanese man Jiroemon Kimura, died on Wednesday, Japanese media said.

  • Why Japan Bond Market Swings Aren't So Wild Wednesday, 12 Jun 2013 | 12:18 AM ET

    Markets are disappointed with the Bank of Japan's inaction to calm a volatile bond market. Perhaps they shouldn't be, analysts say.

  • Game On: Sony Gets a Reboot at E3 Show Wednesday, 12 Jun 2013 | 12:00 AM ET
    Attendees try out Sony Playstation 4 at the E3 Electronic Entertainment Expo in Los Angeles, CA, June 11, 2013

    Sony CEO Kaz Hirai made it clear he sees the console as one of the tentpole units that will lead the company back to prosperity. Early indications are Sony plans to do that by changing the closed gate philosophy it has held for so long.

  • A Silver Lining for the Volatile Nikkei Tuesday, 11 Jun 2013 | 11:35 PM ET

    Despite recent volatility, Japanese companies stand out in one aspect making the Nikkei attractive.

  • South Korean Women Struggle in Workforce Tuesday, 11 Jun 2013 | 10:53 PM ET

    South Korean women have to overcome many obstacles at work after marriage and child birth. Long hours and lack of childcare force many to leave the workforce. The FT reports.

  • India Unhappy, but Unshaken by Rupee Plunge Tuesday, 11 Jun 2013 | 9:41 PM ET

    For all the worries among investors and policymakers over the rupee's sudden plunge to record lows, the Indian economy may now be in better shape to handle a depreciation.

  • Sony Sparks Price War With PS4 Priced at $399 Tuesday, 11 Jun 2013 | 2:03 AM ET

    Sony unveiled its next generation console priced at $399 on Monday, undercutting its rival Xbox, which had been launched just a few hours earlier, by $100.

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