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Asia-Pacific News


  • Pfizer Earnings Miss, Pressured by Stronger Dollar Tuesday, 30 Apr 2013 | 7:17 AM ET

    Pfizer reported quarterly earnings and revenue that missed analysts' expectations on Tuesday, citing the stronger dollar and the spin-off of its animal health unit Zoetis.

  • Golden Week Loses Its Shine for Hong Kong Tuesday, 30 Apr 2013 | 3:34 AM ET

    Three times a year, during Lunar New Year, this time of year, and the National Day holidays in October, a wide swath of the country essentially shuts down as people venture around the nation and beyond.

  • Conflicting Japan Data: What Are They Telling Us? Tuesday, 30 Apr 2013 | 2:26 AM ET
    Tokyo, Japan

    A slew of economic data out of Japan on Tuesday gives conflicting signals on whether Prime Minister Shinzo Abe's radical revival plan is working or not.

  • Japan's Office Space Is Only Just Heating Up Tuesday, 30 Apr 2013 | 12:43 AM ET
    Tokyo, Japan

    As Japanese corporate sentiment gets a boost from "Abenomics" the country's sluggish property market is showing signs of life, with office prices in Tokyo expected to surge 10 percent over the next 18 months.

  • Singapore Faces Choppy Recovery: Central Bank Tuesday, 30 Apr 2013 | 12:00 AM ET

    Singapore's economy should see a modest rebound this year, although uncertainty regarding the outlook for global growth means the recovery could be choppy, the country's central bank said in a report published on Tuesday.

  • New Study Reveals Motives Behind Deal Leaks Monday, 29 Apr 2013 | 11:51 PM ET

    An intriguing academic study casts new light on the dark arts of leaking deals. The New York Times reports.

  • Rio Tinto Aims to Cut Almost Half of UK Jobs Monday, 29 Apr 2013 | 11:35 PM ET

    Mining group Rio Tinto plans to almost halve the size of its London head office, cutting more than 200 jobs as it tries to slash more than $5 billion in costs by the end of next year.

  • Big Brother Watching: China Sends 'Top Cop' to Macau Monday, 29 Apr 2013 | 11:11 PM ET
    FILE - In this Thursday April 22, 2010 file photo, the Wynn Macau is lit up. The Chinese arm of Wynn Resorts Ltd. said it received approval on Wednesday, May 2, 2012 for a new casino in the Cotai district of Macau, the world's most lucrative gambling market. Wynn Resorts founder, chairman and CEO Steve Wynn said the Cotai development is the "single most important project" in his company's history. (AP Photo/Kin Cheung, File)

    With little fanfare, China is sending an official with a 'tough cop' reputation to be its top man in Macau, as Beijing puts tackling corruption center stage.

  • Copper In for a Rapid but Temporary Fall: Chartist Monday, 29 Apr 2013 | 10:53 PM ET

    The price of copper, a key industrial commodity, is likely headed for a fast, but temporary fall, says this chartist.

  • Taiwan First Quarter Growth Well Below Forecast Monday, 29 Apr 2013 | 9:53 PM ET
    Taipei, Taiwan

    Taiwan's economy grew by a well-below-forecast preliminary 1.54 percent year-on-year in the first quarter of 2013, pointing to a slow recovery for the global economy.

  • Flood of Easy Money Putting This Region at Risk Monday, 29 Apr 2013 | 9:20 PM ET
    Kek Lok Si temple in Penang, Malaysia.

    The risk of asset bubbles in Southeast Asia's fastest-growing emerging economies is rising, warn economists, pointing to red flags including surging domestic credit growth.

  • 'Abenomics' Effects Showing Up in Household Spend Monday, 29 Apr 2013 | 7:59 PM ET
    Tokyo, Japan

    Japan's jobless rate fell in March, while household spending rose 5.2 percent in March from a year earlier, data on Tuesday showed.

  • Why I 'Chickened Out' of Buying a Samsung: Analyst Monday, 29 Apr 2013 | 11:10 AM ET
    Samsung Galaxy S4 smartphone

    In a note to clients Sunday, ISI analyst Brian Marshall explained how he "chickened out" when trying to replace his Apple iPhone 5 with a Samsung Galaxy S4.

  • Honda Motor Recalls Nearly 46,000 Fit Sports Monday, 29 Apr 2013 | 7:49 AM ET

    Honda is recalling nearly 46,000 Fit Sport small cars in the U.S. and Canada to fix a problem with the electronic stability control system.

  • Brent Crude to Hit $115 by Year-End: Roubini Analyst Monday, 29 Apr 2013 | 7:15 AM ET

    Brent crude oil will hit $115 a barrel by the end of the year, according to a commodity analyst at Roubini Global Economics.

  • Why Shorting the Aussie Is 'Trade of the Century' Monday, 29 Apr 2013 | 4:56 AM ET

    The resilient Australian dollar is due a major correction and could fall over 40 percent in the next 18 months, according to one analyst.

  • These ‘Growth Stars’ Could Shine as China Slows Monday, 29 Apr 2013 | 4:33 AM ET

    Falling commodity prices coupled with China's structural slowdown will help create a new generation of emerging market "growth stars" across Europe and Asia, according to economists at independent research firm Capital Economics.

  • How China's Policy Direction Hurt Factory Profits Monday, 29 Apr 2013 | 4:14 AM ET

    But analysts say China's fall in industrial profit growth could be temporary as companies hold off on big decisions until the new government clarifies its policy direction.

  • Is the BOJ Backtracking on Its Inflation Pledge? Monday, 29 Apr 2013 | 3:32 AM ET
    Haruhiko Kuroda, governor of the Bank of Japan

    The central bank's suggestion that it's likely to achieve its 2 percent inflation target later rather than sooner is a dose of realism that is good for its credibility, analysts say.

  • German luxury carmaker Porsche saw record sales in China last year and the recent clampdown on gift-giving and luxury goods in the country won't have a major impact going forward.

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