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Asia-Pacific News

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  • Did Analysts Fall Under Samsung's Marketing Spell? Sunday, 16 Jun 2013 | 7:27 PM ET
    People interact with the Samsung Galaxy S IV, March 14, 2013 in New York City.

    Analysts fell under Samsung Electronics marketing spell when they made what they now admit were hopelessly optimistic forecasts.

  • North Korea Wants High-Level Talks With US Sunday, 16 Jun 2013 | 5:22 AM ET
    A steam plume rises from a nuclear reactor at Yongbyon, North Korea.

    North Korea on Sunday offered high-level talks with the US, only days after it cancelled planned official talks with South Korea for the first time in over two years.

  • Hong Kong Rally Demands Protection for Snowden Sunday, 16 Jun 2013 | 4:27 AM ET
    A man holds up a protest sign during the protest rally to support Edward Snowden in Hong Kong on June 15, 2013.

    A few hundred rights advocates and political activists marched through Hong Kong on Saturday to demand protection for Edward Snowden, who leaked revelations of U.S. electronic surveillance.

  • Singapore Punishes 20 Banks for Rigging Rates Saturday, 15 Jun 2013 | 4:38 AM ET
    Monetary Authority of Singapore

    Singapore's central bank censured a record 20 banks on Friday after it found more than 100 traders in the city state tried to rig key borrowing and currency rates.

  • Chinese Tycoon Looks to Build Panama Canal Rival Friday, 14 Jun 2013 | 1:21 PM ET
    The Panama Canal

    Nicaragua's congress has passed bill granting a little-known Chinese tycoon the exclusive right to develop a multibillion-dollar rival to the Panama Canal.

  • Japan Correction Makes for Good Buys, Say Pros Friday, 14 Jun 2013 | 12:54 PM ET

    The wild swings in the Japanese market may be creating opportunities to pick up some interesting individual stocks on the correction, say fund managers.

  • Asia's Fight to Stem Fund Outflows Just Starting Friday, 14 Jun 2013 | 2:46 AM ET

    A surprise interest rate hike from Indonesia came amid one of the worst weeks for emerging markets. Now analysts anticipate governments to take further action to stem the tide.

  • Indonesia Rate Hike an Early Strike Friday, 14 Jun 2013 | 12:34 AM ET

    Indonesia's surprise decision to hike interest rates was a pre-emptive move against inflation as the local currency weakens, said the central bank.

  • Now, China Watchers See Growth Below 7% Friday, 14 Jun 2013 | 12:24 AM ET

    China's GDP growth could slide below 7% in the second half of the year, warned Nomura, highlighting that risks to the outlook economy have risen "significantly" in recent weeks.

  • Is an Overconfident BOJ to Blame for Market Woes? Thursday, 13 Jun 2013 | 11:34 PM ET

    Since stunning the markets with monetary easing, the Bank of Japan has failed to offer solace to investors that have been rattled by violent swings in Japanese markets.

  • Here's How Sanity May Return to Japan's Bond Market Thursday, 13 Jun 2013 | 9:25 PM ET
    Shubiya district, Tokyo, Japan

    One member of the Bank of Japan's policy board said limiting quantitative easing to two years could help stabilize the bond market.

  • We Will Do More to Boost Our Economy: Japan Thursday, 13 Jun 2013 | 9:11 PM ET
    Japanese Prime Minister Shinzo Abe

    Japan's cabinet rubber-stamped a set of measures on Friday to boost growth that so far have failed to impress markets and made Prime Minister Shinzo Abe promise to take more steps.

  • What Japan Can Teach Fed About QE Thursday, 13 Jun 2013 | 12:31 PM ET

    Take note, Ben Bernanke: Japan is what happens when a market demanding constant stimulus doesn't get what it wants.

  • Nintendo CEO Takes the Blame for Poor Wii U Sales Thursday, 13 Jun 2013 | 10:53 AM ET
    A Nintendo Wii U touch-screen controller displaying the "Super Mario Bros." game

    A one-on-one interview with Nintendo's global CEO Satoru Iwata on the lackluster performance of the Wii U and what the company plans to do to turn around sales and engagement.

  • China Gets the Post-Holiday Blues as Stocks Slump Thursday, 13 Jun 2013 | 3:25 AM ET

    China's stock market hit its lowest level in six months, joining a global sell-off with growing pessimism about the outlook for the Chinese economy adding to the market's woes.

  • Indonesia Surprises With a 0.25% Rate Hike Thursday, 13 Jun 2013 | 2:47 AM ET

    Indonesia's central bank announced a surprise hike in its benchmark rate by 25 basis points to 6 percent on Thursday, in the face of growing pressure on the rupiah.

  • 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.

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Asia Video

  • European sharing economy can grow rapidly: ING

    Ian Bright, senior economist at ING, discusses the findings of ING's latest survey which revealed that the sharing economy is poised for rapid growth in Europe.

  • What a 'Yes' vote means for Greece

    Richard Champion, deputy CIO at Canaccord Genuity Wealth Management, says Greece will see further instability in the short to medium term if the "Yes" camp wins Sunday's referendum.

  • A 'No' vote doesn't mean a 'Grexit': StanChart

    Manpreet Gill, senior investment strategist at Standard Chartered, says a "No" vote in Sunday's referendum will give Prime Minister Alexis Tsipras more bargaining power, but it doesn't necessarily means a "Grexit."