Asia-Pacific News


  • Shanghai street scene

    Economic growth in Asia, which has been slowing in recent months, is set to recover in the second-half of the year, on the back of a rebound in China, say economists at HSBC.

  • Cyclical Plays Look Attractive: Pro     Monday, 25 Jun 2012 | 11:20 PM ET

    Investors typically flock to defensive stocks during bouts of volatility, but Joshua Crabb, Director and Portfolio Manager, Blackrock's Asian Equities team said a number of cyclical stocks are starting to look attractive as well.

  • The Equity Market Is Leaking Oil: Asset Manager Monday, 25 Jun 2012 | 10:30 PM ET
    NY Stock Exchange Traders

    With U.S. stocks extending losses on Monday, one asset manager says the stock market is like a car that is leaking oil, adding that the lack of strong policy action by politicians in Europe is likely to lead to more volatility and further declines in equities.

  • China Market’s 4th Straight Loss Dents Confidence Monday, 25 Jun 2012 | 11:06 AM ET
    Traffic is seen on Dianmen Street in Beijing, China.

    Confidence is weakening in the Chinese market after the fourth straight session of losses on Monday.

  • Airbus Shrugs Off Doubts Over A350 Monday, 25 Jun 2012 | 2:14 AM ET
    The flight deck of Emirates Airbus A380

    The new chief executive of Airbus says he is ready to “bet” that the European aircraft maker’s planned new A350 widebody passenger jet will not suffer the same three-year delay that Boeing had with its 787 Dreamliner, the Financial Times reports.

  • Chinese Stocks Likely to Continue Bearish Outlook Sunday, 24 Jun 2012 | 11:11 AM ET

    Sentiment may continue to be bearish in the Chinese market after the Dragon Boat Festival long weekend. The Shanghai Composite index lost 1.39 percent to a near three month low of 2260.8 on Thursday as weak HSBC flash PMI data reinforced slowdown worries. The benchmark fell 0.43 percent for the week.

  • Opus Eyes Record Price for HK Property Friday, 22 Jun 2012 | 12:54 AM ET
    30 Mar 2012: Swire Properties Ltd.'s Opus Hong Kong, designed by architect Frank Gehry, stands on Stubbs Road in Hong Kong, China, on Friday, March 30, 2012. Swire Properties has completed Gehry's first residential project in Asia, Opus Hong Kong.

    Hong Kong has unseated London as the world’s most expensive place to take up office space, highlighting the growing appetite from banks to increase their presence in Asia, the FT reports.

  • Porsche Has No Plans to Go Low-End Thursday, 21 Jun 2012 | 11:38 AM ET
    Porsche Boxster

    In an interview with Automotive News, the sales chief for Porsche says he is still intent on doubling sales, but doesn't want to cheapen the brand by going with a lower price point for a new car. Personally, I think it's the right call.

  • Indonesia Army to Train Tax Collectors Thursday, 21 Jun 2012 | 3:41 AM ET
    11 Aug 2006 -- Palu, INDONESIA: Armed soldiers patrol Palu city a day before the execution of three Christians by a firing squad 11 August 2006. Hundreds of Indonesians rallied to protest the imminent execution of three christians found guilty of instigating attacks on Muslims in religiously-divided Sulawesi, a Christian leader said. The three men -- Fabianus Tibo, Dominggus da Silva and Marianus Riwu -- are due to be executed by a firing squad of 12 police on 11 August, a spokesman for the atto

    Indonesia’s tax office has come up with an unconventional response to pressure to raise the paltry tax take and shed its reputation for corruption in the form of a military boot camp for tax collectors. The FT reports.

  • China's Slower Growth Is a Good Thing     Wednesday, 20 Jun 2012 | 8:10 PM ET

    Mikio Kumada, Global Strategist, LGT Capital Management says that China is a positive story, and that the equity market there is slowing pricing in a slower pace of economic growth.

  • Myanmar: Now Open for Business Wednesday, 20 Jun 2012 | 7:29 PM ET
    The lifting of Western sanctions on Myanmar, after it ended nearly 50 years of direct military rule, has pushed the door wide open for foreign investments into this resource rich country.Formerly known as Burma, the Southeast Asian country has attracted about $1.6 billion of foreign money over 2004-2010 with China its top investor. These inflows are expected to increase as more companies look to enter this frontier market that boasts of rich reserves of precious metals, oil and natural gas.A rec

    The lifting of Western sanctions on Myanmar, after it ended nearly 50 years of direct military rule, has pushed the door wide open for foreign investments into this resource rich country.

  • Asia Markets to Chew on Fed News Wednesday, 20 Jun 2012 | 4:39 PM ET

    Asia markets could reflect continued disappointment going into Thursday as overseas investors digest moves by the U.S. Federal Reserve and a major market prepares for a holiday weekend.

  • Hong Kong skyline

    U.S., European and Japanese companies have been building up blue-collar and back-office operations and representative offices in places like mainland China, Hong Kong and Singapore, reports the New York Times.

  • China Superhero to Boost Film Industry Wednesday, 20 Jun 2012 | 2:00 AM ET
    09 Jun 2007: Rome, ITALY: A man dressed as Superman protests in front of policemen during a demonstration against US President George W. Bush planned by pacifist movements, anti-globalisation and far-left parties in Rome, 09 June 2007. US President George W. Bush is greeted by two separate demonstrations in Rome as the far left of Italy's ruling centre-left coalition seeks to distance itself from more hardline anti-US campaigners.

    Perhaps seeking to promote the country as one of the good guys, China is financing a Hollywood movie featuring a Chinese superhero who saves the world. The character has been invented by Stan Lee, the 89-year-old creator of figures such as Hulk. The FT reports.

  • Hedge Funds Bet on Big Bunds Sell-Off Tuesday, 19 Jun 2012 | 9:52 PM ET

    Leading hedge fund managers are betting on a significant sell-off in German government bonds in the coming months after a sharp fall in yields on the debt paper driven by a flight to safety in the eurozone, the Financial Times reports.

  • In Myanmar, Clunkers Make Way for Chinese Mini-Cars Tuesday, 19 Jun 2012 | 3:37 PM ET
    Workers assemble one of the many car models at Chinese carmaker's Chery Automobile plant.

    As Myanmar continues to remake itself anew, the country’s perplexing and outmoded laws of commerce are beginning to become more sensible. Among the more confounding laws govern car sales.

  • Markets Across Europe Close Higher     Tuesday, 19 Jun 2012 | 11:30 AM ET

    CNBC's Simon Hobbs reports on Europe's trading day, including a record "euro-era" yield at the Spanish bond auction and a look at the impact on U.S. markets, with CNBC's Courtney Reagan.

  • Hong Kong's Rich-Poor Divide Widens as Population Ages Tuesday, 19 Jun 2012 | 10:27 AM ET
    Hong Kong skyline

    The wealth gap is widening in Hong Kong, according to new data from the city's Census and Statistics Department as the population ages rapidly and industries decline.

  • China Stocks Set to Tread Water Ahead of Holiday Tuesday, 19 Jun 2012 | 10:09 AM ET

    The Chinese market is expected to trade cautiously ahead of the long weekend — markets will be closed on Friday for the Dragon Boat Festival.

  • Charting Asia | Euro Stoxx 50 Monday, 18 Jun 2012 | 11:18 PM ET

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