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Asia-Pacific News


  • Economic Recovery, Made in Bangladesh? Monday, 20 May 2013 | 9:15 PM ET

    Nearly every rich country has gone through a "T-shirt phase" — an economic period in which poor farmers work in textile and apparel factories. Bangladesh is at the beginning of the race. The New York Times reports.

  • What the Silver Chart Is Telling You About Gold Monday, 20 May 2013 | 8:56 PM ET

    The silver chart shows that those who are wishing for a rise in the gold price will be disappointed. The silver downtrend will continue and gold will follow.

  • Obama to Meet With China's Xi in California in June Monday, 20 May 2013 | 7:06 PM ET

    President Barack Obama and Chinese President Xi Jinping will hold their first meeting since Xi became president in March when they sit down for a June 7-8 summit in California.

  • Yahoo to Buy Tumblr, Vows 'Not to Screw It Up' Monday, 20 May 2013 | 8:49 AM ET

    Yahoo said Monday it will buy blogging website Tumblr for $1.1 billion cash, in a bold move to make itself more relevant amid the explosion in social media on the Internet.

  • Business lessons from the Bloomberg terminal scandal Monday, 20 May 2013 | 8:30 AM ET

    Bloomberg's scandal offers uncomfortable lessons in how we do business in a digital era. We're also more tolerant of leaving behind our electronic data, and not calling out missteps.

  • Korea Goes After Chinese Tourists as Yen Falls Monday, 20 May 2013 | 6:04 AM ET

    Japanese tourists to South Korea, the largest group of visitors to Asia's fourth largest economy last year, fell by 25 percent in the first quarter thanks to a falling yen. But not to worry - the Chinese are here.

  • Yahoo Board Agrees to Buy Tumblr for $1.1 Billion Monday, 20 May 2013 | 4:48 AM ET
    Yahoo to purchase Tumblr for $1 billion.

    The board of Yahoo agreed on Sunday to buy the popular blogging service Tumblr for about $1.1 billion in cash, a signal of how the company plans to reposition, the NYT reports.

  • No Love for Precious Metals—Silver Gets Slammed Monday, 20 May 2013 | 1:49 AM ET

    First it was gold, and now it's silver. The metal fell victim to heavy selling on Monday on U.S. dollar strength and as investors turned more cautious.

  • HK Stocks to Double by End-2015: Morgan Stanley Monday, 20 May 2013 | 1:13 AM ET

    Morgan Stanley reckons the Hong Kong's stock market is poised to more than double to 50,000 by the end of 2015.

  • Thai Economy Contracts, Raising Odds of Rate Cut Monday, 20 May 2013 | 12:38 AM ET

    Thailand's economy contracted more than expected in January-March from the previous three months, which economists said raises the chances that this month will bring a rate cut..

  • Volatile Bond Market Puts Bank of Japan in a Spin Monday, 20 May 2013 | 12:28 AM ET

    The Bank of Japan (BOJ) is not expected to make significant changes at this week's monetary-policy meeting, although policymakers could use the opportunity to calm fears in the bond market.

  • Why This Week Could See Start of Risk-Off Monday, 20 May 2013 | 12:00 AM ET
    ECB President Mario Draghi

    The deteriorating economic and political triggers in Europe appear likely to cause a bout of serious risk-off, Mike Gallagher, director of research at IDEAglobal said.

  • Australia Stock Rally Showing Signs of Fatigue Sunday, 19 May 2013 | 11:32 PM ET

    Australian stocks have enjoyed solid gains amid the party in global equities, rising around 20 percent over the past six months, but one strategist fears the rally could be short-lived.

  • Dreamliner Flying Again in US After Lengthy Grounding Sunday, 19 May 2013 | 11:27 PM ET
    Boeing 787 Dreamliiner

    After 123 days being grounded and then repaired to ensure its battery systems do not catch fire, Boeing 787 Dreamliners are about to once again make commercial flight in the United States.

  • Japan's '3 Arrows' May Run Into German Wall Sunday, 19 May 2013 | 10:58 PM ET
    Shubiya district, Tokyo, Japan

    Abe will have a tough job trying to convince his G-8 colleagues next month that his "three arrows" stimulus program is not just a subterfuge to boost exports, says this economist.

  • Woah, Is It Time to Slow That Yen Fall? Sunday, 19 May 2013 | 10:13 PM ET

    Eight months into the yen's steep decline and Japan's policymakers are starting to voice their concern about the pace of the currency's move.

  • Bernanke’s Testimony Critical to Oil Prices Sunday, 19 May 2013 | 10:10 PM ET
    Federal Reserve Board Chairman Ben Bernanke

    The U.S. dollar and its reaction to the Federal Reserve Chairman Ben Bernanke's Congress testimony on Wednesday will prove central for crude oil price direction this week.

  • Has Hollywood Sold Out on Tibet? Sunday, 19 May 2013 | 9:43 PM ET

    If there's one lingering sore point between Hollywood and China, it's Tibet. For years, celebrity activists have annoyed Beijing by organizing charity concerts for Tibetan independence. The Global Post reports.

  • Central Banks in Driving Seat for Asia Markets Sunday, 19 May 2013 | 7:33 PM ET
    Haruhiko Kuroda, governor of the Bank of Japan

    A two-day Bank of Japan meeting, a speech by the Federal Reserve's chief and minutes from the latest Reserve Bank of Australia gathering put central banks in focus for Asian markets this week.

  • China President Makes First Foreign Trip to India Sunday, 19 May 2013 | 7:18 PM ET
    Chinese Premier, Li Keqiang (L) is welcomed by Indian Minister of State for External Affairs, E. Ahmed on his arrival at Palam Airport in New Delhi on May 19, 2013

    India's Prime Minister Manmohan Singh told visiting Chinese President Li Keqiang on Sunday a recent military standoff in the Himalayas could affect relations between the two countries as they looked to boost bilateral trade.

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