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Asia-Pacific News


  • Myanmar's Currency Slumps as Imports Flood in Thursday, 23 May 2013 | 11:21 PM ET
    Myanmar's curency, the kyat

    The kyat has plunged more than 7 percent over the past month to the lowest since it was floated last year, raising concern about economic stability in Asia's newest democracy.

  • Lessons China and Brazil Can Teach Each Other Thursday, 23 May 2013 | 12:31 PM ET

    They may both be "BRICs", but China and Brazil face opposite problems and should take lessons from each other, according to Capital Economics.

  • Indians Have No Choice but to Learn Chinese Thursday, 23 May 2013 | 3:49 AM ET

    Indian businesses don't want to lose out on the opportunities provided by the burgeoning trade between China and India, and the first step is to start learning Mandarin.

  • Why Quantitative Easing Isn't Printing Money Thursday, 23 May 2013 | 3:31 AM ET

    This expert explains why quantitative easing (QE) is not about printing money and why bank reserves aren't money.

  • Surprise! South Korea's Problems Aren't Made in Japan Thursday, 23 May 2013 | 2:51 AM ET
    Seoul, South Korea

    The problem for Korea had seemed obvious: the won has climbed by a third against the Japanese currency, in theory allowing Japanese companies to undercut Korean competitors and carry home more yen.

  • Perfect Storm Sparks Massive Nikkei Sell-Off Thursday, 23 May 2013 | 2:40 AM ET

    A perfect storm of yen strength, soaring JGB yields and new evidence of weakness in China's economy sparked a major sell-off in Japan's equity markets on Thursday.

  • Lackluster Debut Strains Hopes of HK IPO Revival Thursday, 23 May 2013 | 2:20 AM ET

    Sinopec made a lackluster market debut on Thursday, casting doubt on a nascent recovery in IPO issuance in the city as investors remained cautious because of a weaker local stock market.

  • Japan Bond Yields Spike—10-Year Now at 1% Thursday, 23 May 2013 | 1:58 AM ET

    Japanese government bond yields soared to 1 percent on Thursday, their highest level in a year, prompting the Bank of Japan to keep a promise of taking action to stabilize an incredibly volatile market.

  • China’s Economic Outlook Just Keeps Getting Worse Thursday, 23 May 2013 | 12:47 AM ET

    The unexpected contraction in China's factory activity in May has heightened the risk of a further slowdown in the second quarter, after the economy grew at its slowest pace in three years over January to March, said economists.

  • Bottom Line on Singapore GDP: Curb Your Enthusiasm Thursday, 23 May 2013 | 12:38 AM ET
    Singapore skyline

    Singapore's economy grew unexpectedly in the first quarter of the year but the manufacturing sector remains weak.

  • Bond Bubble Fears Return for Emerging Asia Wednesday, 22 May 2013 | 11:50 PM ET

    The hot money flooding out of the west in search of higher returns in growing markets has stoked fears about the biggest credit boom in Asia. The Financial Times reports.

  • Hackers Find China Is a Land of Opportunity Wednesday, 22 May 2013 | 11:18 PM ET

    Hacking in China thrives across official, corporate and criminal worlds and is openly discussed and promoted, whether for breaking into private networks, tracking dissent or stealing trade secrets. The New York Times reports.

  • China's Factory Activity Shrinks as Orders Fall Wednesday, 22 May 2013 | 9:49 PM ET

    China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary survey of purchasing managers showed, adding to concerns that a recovery in the world's second-largest economy is sputtering.

  • Ford to Close Australia Auto Plants in 2016 Wednesday, 22 May 2013 | 9:06 PM ET

    Ford said on Thursday it is closing its two Australian auto plants and will cease production in the country in 2016.

  • Japan Investors Go Back to Selling Foreign Bonds Wednesday, 22 May 2013 | 8:56 PM ET

    Japanese investors sold 804.4 billion yen ($7.8 billion) worth of foreign bonds last week after three straight weeks of net buying, as they took advantage of the soft yen.

  • Singapore Economy Posts Surprising Expansion Wednesday, 22 May 2013 | 8:19 PM ET
    Singapore's business district skyline at dusk

    Singapore on Thursday reported a surprise expansion in its economy in the first quarter, helped by a surge in financial services as trading in stocks and foreign exchange soared.

  • Sex or Smartphone? Women Prefer the Gadgets Wednesday, 22 May 2013 | 10:36 AM ET

    More women in the U.S. would rather give up sex than their mobile device for a week, according to a recent survey.

  • Why Millionaire Investors Are Holding On to Cash Wednesday, 22 May 2013 | 10:35 AM ET

    Survey after survey shows that the wealthy are back to pre-crisis boom years when it comes to their outlook for their own finances, their investments and their retirements. But many of them are still sitting on lots of cash.

  • Microsoft Xbox Takes on Apple, Google With Smart TV Wednesday, 22 May 2013 | 7:37 AM ET
    Microsoft's Xbox One.

    Microsoft unveiled its long-anticipated next generation console Xbox One on Tuesday, but it was its inclusion of live TV, rather than its gaming capabilities that set tongues wagging.

  • Bank of Japan to Bond Markets: We Hear You Wednesday, 22 May 2013 | 6:06 AM ET
    Bank of Japan headquarters in Tokyo, Japan

    The Bank of Japan ended a two-day meeting on Wednesday with a decision to leave monetary policy unchanged and a promise to monitor volatile bond markets.

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Asia Video

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