Asia-Pacific News


  • Is the Rush Into Myanmar Creating a Bubble Economy? Wednesday, 29 Aug 2012 | 12:47 AM ET
    Golden Sule Pagoda, Rangoon, Myanmar

    In a dimly lit ballroom, Myanmar’s investment czar gushed about his nation’s dazzling future to a congregation of foreign investors. Each had paid $1,500 to hear the government’s big pitch: Long an economic basket case, Myanmar is now an investment gold mine.

  • Asia's New Banking Order     Tuesday, 28 Aug 2012 | 8:35 PM ET

    Dan McConaghy, President, Asia Pacific, FICO discusses the new trends surfacing in Asia's banking sector. He says Asian banks are finding the need to combine their risk and capital management strategies.

  • With Opening Near, Yale Defends Singapore Venture Tuesday, 28 Aug 2012 | 5:35 AM ET

    Students have started to be admitted, faculty members have been hired, and construction has begun on the site that will become the home of Yale University ’s first joint college in its 300-year history, the NYT reports.

  • Electric Cars to Race in Formula E Monday, 27 Aug 2012 | 10:05 PM ET

    Electric cars will compete in a new global formula racing series after a deal between motorsport’s governing body and a group of investors who plan to stage international races around city-center landmarks. The FT reports.

  • Garages in the Sky Give Singapore a Lift Monday, 27 Aug 2012 | 4:48 AM ET
    Louis Vuitton at North Pavilion, Marina Bay. Further in distant is business district of Singapore.

    A Singapore property developer is targeting the super rich with parking problems by marketing luxury apartments that allow owners to keep their cars next to their living rooms, even if they are on the top floor of the 30-storey block. The FT reports.

  • Chinese Snap Up Bordeaux Vineyards Monday, 27 Aug 2012 | 1:53 AM ET
    Dongjun Shen, group managing director of Chinese jewelry group Tesiro, poses on March 1, 2011, in a winebar in Bordeaux, in the world-renowned Bordeaux' wines region, southwestern France, after his group bought the 'cru bourgeois' Chateau Laulan Ducos in the Medoc area.

    From buying fine Bordeaux wines to buying the wineries that make them, the Chinese are changing the landscape of France's top wine country, leading some locals to worry about an "invasion".

  • UK Investment Bankers Prefer Singapore Sunday, 26 Aug 2012 | 9:10 PM ET

    Almost a third of UK-based investment bankers would rather work in Singapore, according to a survey that predicts that the center of gravity in the financial sector will shift towards Asia in the next decade. The FT reports.

  • Steinbock: Watch for China ‘Neocons’ Friday, 24 Aug 2012 | 8:56 AM ET

    As the national conventions loom ahead, economic issues dominate the U.S. 2012 presidential elections. But it is the return of the neoconservatives that will overshadow the discourse on foreign policy – and China.

  • Why Markets Should Cheer QE3 Is Not Coming Soon Friday, 24 Aug 2012 | 1:01 AM ET

    Global equity markets are taking a hit from fading expectations that the U.S. Federal Reserve will act again in coming months to boost growth – but maybe investors should be cheering at this prospect, say some analysts.

  • 'A Lot of Reason' for More Easing, Says Fed's Evans Thursday, 23 Aug 2012 | 10:18 PM ET
    Chicago Federal Reserve President Charles Evans

    As optimism over additional stimulus from the U.S. central bank faded overnight, Chicago Fed President Charles Evans reiterated calls for further easing on CNBC Friday, arguing that there’s “a lot of reason to do more.”

  • India Still on the Radar for Equity Investors     Thursday, 23 Aug 2012 | 8:35 PM ET

    Adrian Mowat, Chief Asia and Emerging Markets Equity Strategist at JP Morgan Securities says among the BRICS, the only market he is overweight is India.

  • Hyundai’s US Growing Pains Thursday, 23 Aug 2012 | 12:14 PM ET
    GLENDALE, CA - JANUARY 05: Hyundai cars are on display in the showroom of the Hyundai dealership on January 5, 2011 in Glendale, California. Hyundai Motor Co. market share in the United States climbed just short of 5% in 2010. United States auto sales rose 11% in December. (Photo by Kevork Djansezian/Getty Images)

    Hyundai's U.S. plants are close to hitting full capacity, so the Korean automaker can do little to meet strong demand.

  • Chinese Acquisitions in US Near Record Wednesday, 22 Aug 2012 | 8:31 PM ET
    Beijing's Central Business District

    Chinese acquisitions of US assets and businesses are running at record levels this year, bucking the trend of a generally tough mergers and acquisitions market and a sign that it is easier than many think for Chinese companies to attain approval for deals in America. The FT reports.

  • Iran Forced to Reflag Oil Tankers Wednesday, 22 Aug 2012 | 2:51 AM ET

    In 2008, Ernst & Young, the accounting firm, introduced short 90-day foreign assignments for both its U.S. and overseas employees. “It is something we introduced after the crisis as the way to offer expat postings in a more cost-effective way,” says Nancy Altobello, Americas vice chair of people at the company, the FT reports.

  • Fed Probes RBS Over Dealings With Iran Wednesday, 22 Aug 2012 | 1:50 AM ET
    The Royal Bank of Scotland Headquarters

    Federal authorities in the US are investigating Royal Bank of Scotland for possible breaches of Iran sanctions in a probe that has already led to the departure of a senior risk manager. The FT reports.

  • Rogers: Myanmar's Just as Exciting as China     Tuesday, 21 Aug 2012 | 8:45 PM ET

    Jim Rogers, Chairman, Rogers Holdings says that Myanmar today is just as exciting as China in the 1980s.

  • Arrest of Vietnam Tycoon Unnerves Markets Tuesday, 21 Aug 2012 | 8:00 PM ET

    The arrest of one of Vietnam’s most prominent tycoons has sent shockwaves through the Communist-ruled country and further undermined confidence in what was once one of the world’s hottest emerging markets. The FT reports.

  • Will 'Talking' Cars Lead to Fewer Collisions? Tuesday, 21 Aug 2012 | 10:30 AM ET

    The U.S. Department of Transportation is launching the biggest study ever done on vehicle-to- vehicle communication in hopes of developing technology that could prevent thousands of crashes.

  • What's the RBI's Next Move     Monday, 20 Aug 2012 | 8:35 PM ET

    Glenn Levine, Senior Economist, Moody's Analytics (Australia) says that India's growth numbers will likely remain weak and that the a combination of factors would lead the RBI to lay the ground work for more easing in the coming months.

  • Asia's Biggest Headache: Inflation?     Monday, 20 Aug 2012 | 7:17 PM ET

    Gary Dugan, CIO, Asia & Middle East at Coutts thinks Asian governments have more flexibility in economic policy than their U.S. and European peers. He cautions that inflation could be a major problem for Asian economies.

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