Asia-Pacific News


  • Big Brother Watching: China Sends 'Top Cop' to Macau Monday, 29 Apr 2013 | 11:11 PM ET
    FILE - In this Thursday April 22, 2010 file photo, the Wynn Macau is lit up. The Chinese arm of Wynn Resorts Ltd. said it received approval on Wednesday, May 2, 2012 for a new casino in the Cotai district of Macau, the world's most lucrative gambling market. Wynn Resorts founder, chairman and CEO Steve Wynn said the Cotai development is the "single most important project" in his company's history. (AP Photo/Kin Cheung, File)

    With little fanfare, China is sending an official with a 'tough cop' reputation to be its top man in Macau, as Beijing puts tackling corruption center stage.

  • Copper In for a Rapid but Temporary Fall: Chartist Monday, 29 Apr 2013 | 10:53 PM ET

    The price of copper, a key industrial commodity, is likely headed for a fast, but temporary fall, says this chartist.

  • Taiwan First Quarter Growth Well Below Forecast Monday, 29 Apr 2013 | 9:53 PM ET
    Taipei, Taiwan

    Taiwan's economy grew by a well-below-forecast preliminary 1.54 percent year-on-year in the first quarter of 2013, pointing to a slow recovery for the global economy.

  • Flood of Easy Money Putting This Region at Risk Monday, 29 Apr 2013 | 9:20 PM ET
    Kek Lok Si temple in Penang, Malaysia.

    The risk of asset bubbles in Southeast Asia's fastest-growing emerging economies is rising, warn economists, pointing to red flags including surging domestic credit growth.

  • 'Abenomics' Effects Showing Up in Household Spend Monday, 29 Apr 2013 | 7:59 PM ET
    Tokyo, Japan

    Japan's jobless rate fell in March, while household spending rose 5.2 percent in March from a year earlier, data on Tuesday showed.

  • Why I 'Chickened Out' of Buying a Samsung: Analyst Monday, 29 Apr 2013 | 11:10 AM ET
    Samsung Galaxy S4 smartphone

    In a note to clients Sunday, ISI analyst Brian Marshall explained how he "chickened out" when trying to replace his Apple iPhone 5 with a Samsung Galaxy S4.

  • Honda Motor Recalls Nearly 46,000 Fit Sports Monday, 29 Apr 2013 | 7:49 AM ET

    Honda is recalling nearly 46,000 Fit Sport small cars in the U.S. and Canada to fix a problem with the electronic stability control system.

  • Brent Crude to Hit $115 by Year-End: Roubini Analyst Monday, 29 Apr 2013 | 7:15 AM ET

    Brent crude oil will hit $115 a barrel by the end of the year, according to a commodity analyst at Roubini Global Economics.

  • Why Shorting the Aussie Is 'Trade of the Century' Monday, 29 Apr 2013 | 4:56 AM ET

    The resilient Australian dollar is due a major correction and could fall over 40 percent in the next 18 months, according to one analyst.

  • These ‘Growth Stars’ Could Shine as China Slows Monday, 29 Apr 2013 | 4:33 AM ET

    Falling commodity prices coupled with China's structural slowdown will help create a new generation of emerging market "growth stars" across Europe and Asia, according to economists at independent research firm Capital Economics.

  • How China's Policy Direction Hurt Factory Profits Monday, 29 Apr 2013 | 4:14 AM ET

    But analysts say China's fall in industrial profit growth could be temporary as companies hold off on big decisions until the new government clarifies its policy direction.

  • Is the BOJ Backtracking on Its Inflation Pledge? Monday, 29 Apr 2013 | 3:32 AM ET
    Haruhiko Kuroda, governor of the Bank of Japan

    The central bank's suggestion that it's likely to achieve its 2 percent inflation target later rather than sooner is a dose of realism that is good for its credibility, analysts say.

  • German luxury carmaker Porsche saw record sales in China last year and the recent clampdown on gift-giving and luxury goods in the country won't have a major impact going forward.

  • High-Frequency Traders Face Speed Limits Monday, 29 Apr 2013 | 1:33 AM ET

    High-frequency traders are facing "speed limits" on a major trading platform, which is being touted as a template for a regulatory clampdown on computer-driven activity, the FT reports.

  • Has the Yen Hit Bottom Against the Dollar Already? Monday, 29 Apr 2013 | 1:10 AM ET

    Just last week, the yen looked set to weaken beyond 100 per dollar, now analysts say the currency's fall may have bottomed out.

  • What Are Asian Entrepreneurs Afraid of? Monday, 29 Apr 2013 | 1:03 AM ET

    Asia is home to some of the world's largest economies and has a stable growth outlook, yet this does not seem to be enough to tickle an entrepreneurial spirit.

  • 3 Reasons Why Gold Won't Fall Through the Floor Monday, 29 Apr 2013 | 12:50 AM ET

    Large swings in the price of gold over the past two weeks have cast major doubts over the fate of the precious metal, however one bank suggests the worst may be over for bullion this year.

  • Abe Hopes Russia Summit Will Ease Island Row Sunday, 28 Apr 2013 | 11:26 PM ET
    Japanese Prime Minister Shinzo Abe.

    Prime Minister Shinzo Abe hopes talks with President Vladimir Putin on Monday will revive efforts to end a territorial dispute that has prevented the nations signing a treaty to end World War Two.

  • IMF Warns of 'Middle-Income Trap' in Emerging Asia Sunday, 28 Apr 2013 | 11:16 PM ET

    Middle-income Asian economies must improve government institutions and liberalize rigid labor and product markets if they wish to reach the level of developed countries, the International Monetary Fund (IMF) said on Monday.

  • Is China on a ‘German-Style’ Growth Plan? Sunday, 28 Apr 2013 | 10:52 PM ET

    China's reform mantra sounds like a German-style plan that looks to combine growth with discipline, says this economist.

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