Asia-Pacific News


  • Investors Shrug Off Singapore Property Curbs Tuesday, 2 Apr 2013 | 1:28 AM ET
    Singapore, a scene of the street

    Despite multiple rounds of curbs by the Singapore government to cool the red-hot real estate sector, investors remain unfazed with some buyers purchasing multiple homes, believing that prices will still head higher.

  • How Closely Is Kuroda Emulating Bernanke? Tuesday, 2 Apr 2013 | 12:48 AM ET
    Bank of Japan's new governor Haruhiko Kuroda

    Expectations are running high as the Bank of Japan meets for the first time under its new head Haruhiko Kuroda on Wednesday, with investors hoping Kuroda will take a page out of U.S. Federal Reserve Chairman's book.

  • RBA Keeps Rates Steady as Outlook Brightens Monday, 1 Apr 2013 | 11:31 PM ET

    The Reserve Bank of Australia (RBA) kept interest rates on hold on Tuesday, in line with market expectations, saying that global downside risks appear to have eased and previous rate cuts are stimulating the economy.

  • Oil Bulls Shrug Off Poor Data Ahead of Payrolls Monday, 1 Apr 2013 | 11:26 PM ET
    Oil Refining’s Fortunes Rise

    Benchmark oil prices are likely to extend gains this week, shrugging off data showing weaker manufacturing activity in the world's two leading economies, but an underwhelming set of U.S. jobs numbers may undermine confidence.

  • US Deploys Warship Off South Korean Coast Monday, 1 Apr 2013 | 11:07 PM ET
    The guided-missile destroyer USS John S. McCain is deployed off the Korean coast.

    The United States has positioned a warship off the Korean coast as a shield against ballistic missile attack as South Korea's new president vowed swift retaliation against a North Korean strike.

  • Exercise rider Jonny Garcia takes Triple Crown hopefull I'll Have Another over the track in preparation for the 144th Belmont Stakes at Belmont Park on June 7, 2012 in Elmont, New York.

    Mining mogul Nathan Tinkler is selling Australia's largest thoroughbred racing and stud empire as he struggles to pay off debts.

  • Air pollution is driving expatriates out of Beijing and making it harder for companies to recruit international talent. The FT reports.

  • Abenomics, So What? Japan Inc Still in Contraction Monday, 1 Apr 2013 | 8:09 PM ET

    Even as the new policies by Japanese Prime Minister Shinzo Abe to reflate the economy are making a difference to some companies, the bulk of corporate Japan remains in recession. The Financial Times reports.

  • Facebook Phone Announcement: What to Expect Monday, 1 Apr 2013 | 3:58 PM ET

    Facebook is expected to unveil new operating system for the android phone, and the consensus of analysts appears to be positive.

  • Videogame Consoles You Haven't Heard of Yet Monday, 1 Apr 2013 | 3:43 PM ET
    Ouya's Gaming System

    New console makers are taking on the titans of the videogame industry, betting that their cheaper, more mobile-like products will give them an edge over their bigger competitors.

  • Apple CEO Says Sorry to Chinese Consumers Monday, 1 Apr 2013 | 1:58 PM ET
    Tim Cook

    Apple CEO Tim Cook apologized to Chinese consumers on Monday for confusion over its warranty policy following more than two weeks of criticism in the Chinese media of its after-sales service.

  • How US Boom Could Rattle Global Order Monday, 1 Apr 2013 | 11:28 AM ET

    A dramatic shift in how energy is being produced and consumed around the world could lead to far-reaching changes in the geopolitical order.

  • Pfizer Profit Drops on Loss of Lipitor Exclusivity

    India's top court has dealt a serious blow to Western pharmaceutical firms who are increasingly focusing on India to drive sales.

  • Why Are Japan's Manufacturers So Bearish? Monday, 1 Apr 2013 | 3:26 AM ET
    Nissan Plant, Japan

    The results of a closely watched business confidence survey in Japan defying the optimism reflected in a soaring stock market.

  • South Korea Vows Fast Response If North Strikes Monday, 1 Apr 2013 | 3:10 AM ET
    North Korean soldiers.

    South Korea will strike back if the North stages any attack on its territory, the new president warned, as tensions ratcheted higher on the Korean peninsula amid shrill rhetoric from Pyongyang and the U.S. deployment of radar-evading fighters.

  • China Home Prices Up for 10th Month, Survey Shows Monday, 1 Apr 2013 | 2:42 AM ET
    At a property trade fair in Beijing, China

    Average home prices in China's 100 biggest cities rose for the tenth straight month in March, challenging policymakers who are trying to cool record home prices with mixed results.

  • China March PMIs Rebound, Domestic Demand Shines Monday, 1 Apr 2013 | 2:24 AM ET

    Stronger domestic demand helped China's factory activity to rebound in March, with new orders up sharply in a sign that the underlying economic recovery is strong enough to weather any risks from patchy export performance.

  • Decoding Chinese PMI—Watch Key Thresholds Monday, 1 Apr 2013 | 2:13 AM ET

    To gauge the strength of the recovery in the "workshop of the world," there are three key thresholds investors should monitor, says one economist.

  • Singapore Property Prices Cool in the First Quarter Monday, 1 Apr 2013 | 12:14 AM ET

    Private property prices in Singapore rose at a much slower rate in the first three months of this year compared to the quarter before, as government property curbs announced in January to cool the market dampened demand.

  • Panasonic Unit in US Bribery Investigation: Report Sunday, 31 Mar 2013 | 10:48 PM ET
    japan earns panasonic--127957229_v2.jpg

    A unit of Japan's Panasonic is under investigation by U.S. authorities looking at whether the company paid bribes overseas to airline employees or government officials to help land business.

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