Asia-Pacific News


  • Prada to Benefit as Chinese Buyers Turn 'Sophisticated' Wednesday, 23 May 2012 | 3:56 AM ET
    The Prada store in Milan, Italy.

    As the high-end Chinese consumer becomes more discerning in a slowing luxury goods market, analysts say Hong Kong-listed Italian fashion house Prada can face up to the challenge given its attractive product mix and store expansion plans, forecasting huge gains for the company’s stock over the next 12 months.

  • How to Marry a Chinese Billionaire Tuesday, 22 May 2012 | 12:27 PM ET

    In China, more than 2,800 women gathered to meet, and possibly marry, a group of 11 men purportedly worth a billion yuan.

  • China Stocks Look Set to Extend Tuesday’s Gains Tuesday, 22 May 2012 | 10:11 AM ET

    Analysts say China stocks can only extend gains on Wednesday if volume can increase to match.

  • Savings at the Pump Still Supreme for Car Buyers Tuesday, 22 May 2012 | 8:56 AM ET

    The price at the pump may be falling, but interest in buying a fuel-efficient model remains high. In fact, the latest survey on consumer attitudes shows saving money on gas is the top factor impacting what model car buyers are looking for.

  • Tap China Consumer Growth via Prada, Apple: Pro   Tuesday, 22 May 2012 | 5:02 AM ET
    Man and woman with shopping bags in mall

    Investors hoping to cash in on the growth in the Chinese consumer sector should look at China-focused companies that are not listed in the mainland, says one expert.

  • Charting Asia | Dow Daily Tuesday, 22 May 2012 | 12:30 AM ET
  • China Stocks Are Expected to Be Rangebound Monday, 21 May 2012 | 7:19 PM ET

    China stocks are expected to be rangebound on Tuesday. The Shanghai Composite nudged up 0.16 percent to end at 2348.3 on Monday, trading was thin.

  • Frederic Neumann, MD & Co-Head of Asian Economics Research, HSBC says Asia needs fiscal stimulus rather than monetary stimulus to cushion the blow from the EU crisis.

  • New York Stock Exchange Traders

    In spite of last week's selloff in global stock markets on concerns over the future of the euro zone, one expert says the S&P 500, which closed the week down more than 4 percent, could rise 20 percent in the near-term if Europe takes decisive action to restore confidence.

  • CFTC Said to Open Inquiry Into JPMorgan Loss Friday, 18 May 2012 | 11:10 PM ET
    JP Morgan Chase

    A federal investigation into JPMorgan Chase’s multibillion-dollar trading loss widened Friday as regulators pursued a new line of inquiry. The NYT reports.

  • GM Says It's Dropping Out of Super Bowl Ad Race Friday, 18 May 2012 | 4:51 PM ET
    Gm Building

    Two days after being criticized for dropping direct ads on Facebook, General Motors said it will also stop running ads during the Super Bowl.

  • Two New Models, Two Different Drivers in Mind Friday, 18 May 2012 | 10:09 AM ET
    Grille of the 2010 Ford Taurus

    Two new models geared toward two very different buyers are the latest moves by Ford and GM.

  • Using Copper Over Gold 'Game Changer' for Chipmakers Friday, 18 May 2012 | 6:01 AM ET
    Reel of uninsulated copper wire

    With gold prices surging in recent years, the semiconductor industry has been increasingly replacing the precious metal with the more affordable copper in the wire bonding process, leading to huge savings in the cost of manufacturing a chip.

  • More Turmoil to Come, Buy Real Assets: Jim Rogers Thursday, 17 May 2012 | 9:43 PM ET
    Jim Rogers

    Jim Rogers, the chairman of Rogers Holdings, says he expects more turmoil in the global financial markets after Asian stock markets on Friday fell close to four-month lows.

  • China Stocks to Trade Sideways After Rebound Thursday, 17 May 2012 | 10:18 AM ET
    A lone Chinese investor talks on the phone as he monitors his stock prices at a security firm in Hefei, east China's Anhui province.

    China stocks are expected to trade sideways after yesterday's rebound.

  • Japanese Pension Fund Switches to Gold Thursday, 17 May 2012 | 12:35 AM ET
    Gold Bars

    Okayama Metal & Machinery has become the first Japanese pension fund to make public purchases of gold, in a sign of dwindling faith in paper currencies. The Financial Times reports.

  • JPMorgan’s Trading Loss Is Said to Rise at Least 50% Wednesday, 16 May 2012 | 11:39 PM ET
    JP Morgan Chase

    The trading losses suffered by JPMorgan Chase have surged in recent days, surpassing the bank’s initial $2 billion estimate by at least $1 billion, according to people with knowledge of the losses. The NYT reports.

  • GM Still Likes Its No-Facebook Ad Strategy Wednesday, 16 May 2012 | 11:56 AM ET
    Facebook unlike

    Despite criticism for pulling its Facebook ads, GM is not changing its stance. The world's largest automaker believes that it is better served not running direct ads on the world's largest social network.

  • China Stocks Due for Rebound After 4-Day Slide Wednesday, 16 May 2012 | 11:01 AM ET

    China stocks are due for a technical rebound after sliding for four days but global uncertainties and slowdown worries may keep gains limited.

  • The United States’ economy could shrink as much as 4 percentage points in the first half of 2013 if Congress fails to address the expiration of $600 billion worth of tax breaks and jobless benefits by the end of this year, according to Goldman Sachs.

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