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Asia-Pacific News


  • Woman gets jail term after 'nut rage' on airline Thursday, 12 Feb 2015 | 5:02 AM ET
    Former Korean Air Lines Vice President Cho Hyun-Ah, center, leaves the Seoul western prosecutors' office as she is transferred to a detention house on December 30, 2014 in Seoul, South Korea.

    An airline chairman's daughter got a one year prison sentence after being found guilty over an incident about the way she was served nuts.

  • Yen surges on reports of hawkish tone from BOJ Thursday, 12 Feb 2015 | 5:25 AM ET
    U.S. Dollar Japan Yen currencies money

    The yen surged against the U.S. dollar following a report that the country's central bank is cooling on the idea of adding more stimulus.

  • Malaysian economy picks up speed in Q4 Wednesday, 11 Feb 2015 | 11:16 PM ET
    Shoppers at the Pavilion Mall shopping center in downtown Kuala Lumpur, Malaysia.

    Malaysia's economy picked up in Q4 on strong construction and manufacturing activity, boosting full-year growth to its fastest in four years.

  • Japan's key gauge of capex spending looking good Wednesday, 11 Feb 2015 | 10:34 PM ET

    Japan's core machinery orders rose in December and companies expect orders to increase this quarter, a positive sign for the recovering economy.

  • Australia's unemployment spikes, Aussie sinks Wednesday, 11 Feb 2015 | 7:43 PM ET

    Australia's economy unexpectedly lost jobs in January while the unemployment rate spiked to levels not seen in 13 years, sending the Aussie crashing.

  • First Chinese bought US apartments, now it's hotels Wednesday, 11 Feb 2015 | 7:22 PM ET

    The closing of the sale on Wednesday of New York's famed Waldorf Astoria hotel to China's Anbang Insurance Group for $1.95 billion marks the tip of an unprecedented wave of Chinese investment pouring into U.S. hotels.

  • Once an investment magnet, Australia loses allure Wednesday, 11 Feb 2015 | 6:59 PM ET

    After a good financial crisis, with sound finances, robust banks and buoyant Chinese demand for its commodities, the returns that made Australia a magnet for investors are buckling under the weight of negative yields elsewhere.

  • Chinese monetary policy undergoes quiet revolution Wednesday, 11 Feb 2015 | 6:19 PM ET

    In 2014, China's central bank engineered a revolutionary monetary policy to grow money supply in response to a dramatic fall in capital inflows.

  • Tech puts new spin on Chinese New Year tradition Wednesday, 11 Feb 2015 | 5:42 PM ET
    Screen grab of WeChat's holiday add-on that allows users to send electronic red packets to family and friends.

    The growing trend of online transactions and e-commerce are putting new twists to Chinese traditions for the coming Lunar New Year.

  • Baidu sales fall short as customers go mobile Wednesday, 11 Feb 2015 | 9:25 PM ET

    Baidu reported a 47.5 percent rise in quarterly revenue as users switched from PCs to mobile devices, which have less lucrative forms of advertising.

  • Black market iPhones in China Wednesday, 11 Feb 2015 | 11:01 AM ET
    Black market iPhones in China

    Eunice Yoon explains why China's iPhone black market is booming.

  • Duty free? Here are the top buyers Wednesday, 11 Feb 2015 | 11:59 AM ET
    Airline passengers browse in the DFS Duty Free Galleria at San Francisco International Airport in San Francisco.

    Global spending on tax free shopping is constantly increasing. Find out which travelers are the most likely to splurge abroad.

  • Delhi election blow: What now for Modi Wednesday, 11 Feb 2015 | 12:04 AM ET

    India's ruling Bharatiya Janata Party suffered a humiliating defeat in Delhi state elections laying potential road blocks for its national reform agenda.

  • TransAsia: 10 pilots fail crash tests Wednesday, 11 Feb 2015 | 3:45 AM ET

    Taiwan's aviation regulator says 10 of TransAsia's 49 pilots have failed oral proficiency tests on handling an aircraft during engine failure.

  • Wealthy housewives won’t play Abe’s game Tuesday, 10 Feb 2015 | 11:06 PM ET

    Japan is not getting women into the workforce at a fast enough rate with the country's hidebound culture keeping of them at home, analysts say.

  • US firms in China: We feel less welcome here Tuesday, 10 Feb 2015 | 8:00 PM ET

    American businesses feel increasingly less welcome in China, according to a new survey, with rising protectionism in the mainland a top concern.

  • Australia police say imminent ISIS attack thwarted Wednesday, 11 Feb 2015 | 12:09 AM ET
    Police officers talk next to Lindt Cafe, Martin Place on December 15, 2014 in Sydney, Australia. Police attend a hostage situation at Lindt Cafe in Martin Place.

    Australian counter-terrorism police said they had thwarted an imminent attack linked to Islamic State after arresting two men in Sydney.

  • China's aging population has this sector booming Tuesday, 10 Feb 2015 | 6:23 PM ET

    Investors are rushing into China's booming healthcare business as the country prepares to cater to hundreds of millions of elderly patients.

  • Japan's MUFG to introduce US-style board - sources Tuesday, 10 Feb 2015 | 6:33 PM ET

    Mitsubishi UFJ Financial Group aims to add more directors to its board from outside the bank, revamping its management structure, says sources.

  • Hedge funds playing with fire shorting the Nikkei Tuesday, 10 Feb 2015 | 5:50 PM ET

    Hedge funds are playing with fire shorting on Nikkei futures, said one analyst, noting Japan’s public pension fund is ready to buy the dip.

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