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Asia-Pacific News

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  • Guess Which Country Is Growing Faster Than China? Thursday, 30 May 2013 | 4:26 AM ET

    Southeast Asia's "rising star", the Philippines, stunned investors with first quarter growth numbers that outpaced that of even economic powerhouse China.

  • Japan Stocks Dive in Second Bout of Heavy Selling Thursday, 30 May 2013 | 3:21 AM ET
    Stock board flashing Tokyo's closing rate in on May 30, 2013

    The second bout of heavy selling in Japanese stocks in as many weeks is not just about a strengthening yen and pulling-back from lofty levels.

  • Can Japanese Investors Resist 2% Yields in US? Thursday, 30 May 2013 | 1:59 AM ET
    Despite Risks, Investors Just Can't Quit US Treasurys

    For months Japan's domestic investors have defied expectations that they would pile cash into overseas assets in a big way. Now, with U.S. Treasury yields above 2 percent for the first time in over a year, the lure may be just too strong.

  • If Foreigners Are Net Japan Buyers, Who's Selling? Thursday, 30 May 2013 | 12:20 AM ET

    Data Thursday showed foreign investors remained net buyers of Tokyo stocks last week – a period during which the market suffered its steepest single-day sell-off in two years. So, who is behind the selloff?

  • China Shoppers Not Spending Enough Wednesday, 29 May 2013 | 10:59 PM ET

    Retailers and policymakers have high hopes for consumer spending in China driving profits and growth, but industry watchers say it's not getting there fast enough.

  • Philippines Grows at Faster-Than-Expected Pace Wednesday, 29 May 2013 | 10:18 PM ET

    The Philippine economy grew 2.2 percent in the March quarter from the previous three months, beating market forecasts, helped by strong domestic demand which offset weak exports.

  • South Korea Output Sets First Rise in 4 Months Wednesday, 29 May 2013 | 7:27 PM ET
    korean factory.jpg

    South Korea's industrial output in April expanded on monthly terms for the first time in four months though the modest rate of expansion suggested that momentum remains subdued.

  • Lot of Pork: Smithfield Sold to China Meat Producer Wednesday, 29 May 2013 | 5:31 PM ET
    Smithfield Foods Inc. bacon sits on display for sale at a supermarket in Princeton, Illinois, U.S.

    Chinese meat processor Shuanghui International Holdings is buying Smithfield Foods for $4.7 billion.

  • Disrupting the World, One Device at a Time: Citi Wednesday, 29 May 2013 | 3:07 PM ET
    mobile-payment-02-200.jpg

    Citigroup recently cataloged a clutch of new technologies, including mobile payments and energy production, that are disrupting markets and sparking innovation.

  • Myanmar to Quadruple Economy by 2030: McKinsey Wednesday, 29 May 2013 | 2:00 PM ET
    Shwedagon Pagoda, Yangon, Myanmar

    Asia's frontier market Myanmar is poised for huge economic growth in the years ahead, according to a new study by the McKinsey, that forecasts the economy could quadruple by 2030.

  • The Sun Will Rise: Why Investors Still Love Japan Wednesday, 29 May 2013 | 12:05 PM ET
    A businessman walks in front of a digital share prices display board in Tokyo, Japan.

    Investors in Japanese and U.S. stocks may end up nursing the same hangover in 2014, but for now they probably won't let a little lull spoil the party.

  • Behind Apple's Bold and Risky New Hire Wednesday, 29 May 2013 | 10:45 AM ET
    Former Environmental Protection Agency Administrator Lisa Jackson to join Apple Inc.

    The biggest piece of new information that Apple CEO Tim Cook dropped last night at the D11 conference was his latest big hire.

  • News Corp. CEO Rupert Murdoch.

    As News Corp. prepares to separate its publishing business from its entertainment assets, the publishing company's new chief executive said there are "relentless" cost cuts in store.

  • What Weak Yen Can Do for Japan Autos Overseas Wednesday, 29 May 2013 | 5:16 AM ET

    Will the depreciating yen become a game changer for Japanese automakers that have grappled with a strong currency for several years now? Yes, says Nomura.

  • Sprint, SoftBank Reach Deal on Chinese Espionage Wednesday, 29 May 2013 | 3:22 AM ET

    Sprint Nextel Corp and Japan's SoftBank Corp have reached an agreement with U.S. authorities on the national security aspects of the Japanese firm's pending $20.1 billion deal to win control of the U.S. wireless carrier.

  • Why the IMF Might Be Wrong on China Wednesday, 29 May 2013 | 1:37 AM ET

    The International Monetary Fund said on Wednesday that China should deliver fiscal stimulus if growth falls below 7.75 percent this year, but analysts think that may not be the right prescription for the world's second biggest economy.

  • The 'Great Rotation'—Is It Finally Happening? Wednesday, 29 May 2013 | 12:07 AM ET

    The sell-off in U.S. Treasurys on Tuesday, which took yields to their highest levels in over a year, and record high equities have once again given rise to talk that the "great rotation" may finally be here.

  • Has a New Era Dawned for the Greenback? Tuesday, 28 May 2013 | 11:35 PM ET

    Signs of strength in the U.S. economy, a stock market boom and the prospect of the U.S. becoming a net oil exporter suggest the tide may be turning for the dollar.

  • Singapore to Regulate Yahoo, Other Online News Sites Tuesday, 28 May 2013 | 11:20 PM ET

    Websites that regularly report on Singapore will have to get a license from June 1, in a move seen by some as a bid to rein in free-wheeling Internet news.

  • IMF Cuts China Growth Outlook, Urges Reforms Tuesday, 28 May 2013 | 10:36 PM ET

    The International Monetary Fund cut its growth forecast for China this year to 7.75 percent from a previous 8 percent, citing a weak world economy and exports.

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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.

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    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."