Asia-Pacific News


  • Bird Flu Curbs China Soybean Demand, Hits Poultry Wednesday, 24 Apr 2013 | 8:34 PM ET

    A dropoff in Chinese demand for soybeans used to feed poultry and livestock could last for months, as consumers lose their appetite for poultry in response to the bird flu virus outbreak.

  • ‘I’d Buy Chinese Stocks’: Dennis Gartman Wednesday, 24 Apr 2013 | 5:55 PM ET
    'I'd Buy Chinese Stocks': Dennis Gartman

    The risk-on trade is back, and one way to play it is Chinese stocks, Dennis Gartman says.

  • China Is Heading for Credit Bubble Trouble: Chanos Wednesday, 24 Apr 2013 | 12:36 PM ET
    Chanos: Avoid Chinese Property Bubble

    The rampant growth of credit in China appears to be forming a bubble, Jim Chanos of Kynikos Associates says.

  • This Is What Tomorrow's Smartphones Will Look Like Wednesday, 24 Apr 2013 | 11:56 AM ET
    Samsung Galaxy S4 smartphone

    As the smartphone revolution continues to accelerate, Broadcom's CEO Scott McGregor sees some major trends forming in the market.

  • Branson Wants You to 'Get Lucky' at 35,000 Feet Wednesday, 24 Apr 2013 | 11:50 AM ET

    Want to send a cocktail to that attractive passenger across the aisle? Virgin America has the answer with a new seat-to-seat drink or meal delivery feature.

  • Bangladesh Factory Building Collapse Kills Over 100 Wednesday, 24 Apr 2013 | 10:46 AM ET
    People rescue garment workers trapped under rubble at the Rana Plaza building after it collapsed, Bangladesh, India.

    The number of people killed by the collapse of a building in Bangladesh's capital rose to 147 overnight and the death toll could climb further because many people are still trapped inside, Dhaka's district police chief told Reuters on Thursday.

  • By Making Cars Harder to Own, Singapore Cools Inflation Wednesday, 24 Apr 2013 | 3:52 AM ET

    The high cost of living in the wealthy island state of Singapore may be a major bone of contention among its residents, but moves by the government to cool the auto market is having an impact on rising consumer prices.

  • Australia Central Bank Eyes Chinese Bonds Wednesday, 24 Apr 2013 | 3:01 AM ET

    Australia's central bank plans to invest some of its foreign currency reserves in Chinese government bonds for the first time, part of a wider move to strengthen ties with the country.

  • Why Hype Over Dollar-Yen at 100 Is Overdone Wednesday, 24 Apr 2013 | 2:42 AM ET

    The significance of move in the dollar to 100 yen should not be overdone, some analysts say.

  • Rate Cut Talk in Australia: Yes, the Buzz Is Back Wednesday, 24 Apr 2013 | 2:09 AM ET
    Shopper in Sydney's David Jones store

    Data on Wednesday showing that inflation in Australia is well under control has created a buzz in markets about more interest rate cuts, with some analysts hoping for a move as early as next month.

  • China Tycoon Defends Bid for Chunk of Iceland Wednesday, 24 Apr 2013 | 1:14 AM ET
    Snowy road curving past the mountains, Iceland.

    The chairman of one of China's leading real estate investment groups, made famous by his bid to buy a farm in Iceland, says the deal would have been very profitable had it gone through.

  • For Suppliers, Good Apple Earnings Aren't Enough Wednesday, 24 Apr 2013 | 12:07 AM ET

    Apple's disappointing forward guidance spells trouble for its Asian suppliers, analysts say.

  • Apple Is Like Sony 20 Years Ago: Stock Bear Tuesday, 23 Apr 2013 | 11:49 PM ET

    Apple, which has just reported its first quarterly profits decline in a decade, is headed the same way as Japan's Sony which fell out of favor with consumers 20 years ago, says one commentator who expects Apple shares to fall 20 percent.

  • Huawei ‘Not Interested in the US Anymore’ Tuesday, 23 Apr 2013 | 10:23 PM ET
    A receptionist sits behind the counter at the Huawei office in Wuhan, central China's Hubei province.

    Huawei has given up its quest to conquer the market for telecom network equipment in the US, where the Chinese company's sales have been repeatedly blocked. The FT reports.

  • Singapore Airlines Lifts Stake in Virgin Australia Tuesday, 23 Apr 2013 | 10:19 PM ET

    Singapore Airlines has increased its stake in Virgin Australia to 19.9 percent, boosting its influence at the carrier at a time of industry jostling.

  • Hynix Beats in Earnings as Chip Prices Rally Tuesday, 23 Apr 2013 | 9:20 PM ET

    South Korea's Hynix posted its second straight quarter of profit as computer memory chip prices rallied.

  • Yum Earnings Beat Forecasts; Stock Jumps Tuesday, 23 Apr 2013 | 4:49 PM ET

    Yum Brands beat on earnings, while revenue was just shy of forecasts. Shares rose after-hours.

  • Up 10% in 2 Weeks, Goldman Covers Its Gold Short Tuesday, 23 Apr 2013 | 11:29 AM ET

    Goldman Sachs Tuesday reversed its high-profile call to short gold, which it made two weeks ago, just before the metal sunk into bear market territory. So what's behind the quick change of heart?

  • Strong China Sales Fuel Coach Earnings Beat Tuesday, 23 Apr 2013 | 9:47 AM ET

    The upscale leather goods maker and retailer reported higher-than-expected quarterly results and raised its annual dividend.

  • Thai Tycoon in Biggest Asian M&A Deal of Year Tuesday, 23 Apr 2013 | 7:00 AM ET
    Dhanin Chearavanont, billionaire and chairman of Charoen Pokphand Group Co.

    Thailand's richest man bid $6.6 billion to buy cash-and-carry wholesaler Siam Makro from Dutch firm SHV Holdings, the biggest Asia-Pacific M&A deal this year.

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