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  • South Korea's Risky Bet to Avert Mortgage Mountain Wednesday, 16 Jan 2013 | 6:19 PM ET

    Eager to dig homeowners out from under a $374 billion mortgage mountain, South Korea is moving to let its banks start selling securities similar to those at the center of the 2007 U.S. housing crisis.

  • Beijing's Toxic Smog Was Years in the Making Wednesday, 16 Jan 2013 | 6:34 PM ET
    Cyclists and bikers stop at a traffic light, as buildings are faintly seen, rear, shrouded in a haze of smog in Beijing. (AP Photo/Shuji Kajiyama)

    Chinese leaders dazzled the world by clearing the skies as if by edict before the Beijing Summer Olympics in 2008. Fast forward to January 2013, and the government seems powerless against those same skies, tarnished by an opaque, toxic cloud that has smothered the city for nearly a week.

  • Japan: The Test Case for Boeing’s Dreamliner Woes? Wednesday, 16 Jan 2013 | 2:28 AM ET
    A Boeing Co. 787 Dreamliner airplane for All Nippon Airways

    Japan will be a test case for how customers of aircraft manufacturer Boeing respond to safety concerns surrounding the Dreamliner 787, the pride of Boeing's passenger jet fleet, airline industry watchers.

  • Japan November Core Machinery Orders Rise 3.9% Tuesday, 15 Jan 2013 | 8:14 PM ET

    Japan's core machinery orders rose for a second straight month in November in a sign that companies may gradually increase capital spending, but uncertainty over the global economy could continue to pressure the Bank of Japan to ease policy.

  • The China Beige Book Has Some 'Shocking' Data Wednesday, 16 Jan 2013 | 3:44 AM ET
    Shanghai street scene

    China's growth is expected to have re-accelerated to near 8 percent in the fourth quarter of last year, but there are some troubling inconsistencies in the economy, according to the China Beige Book released on Wednesday.

  • Why Home Prices in Singapore, Hong Kong Won't Tank Wednesday, 16 Jan 2013 | 2:23 AM ET
    Singapore skyline

    Singapore and Hong Kong now have identical 15 percent levies to slow the foreign money that has added fuel to their overheated property markets - measures that will help first-time buyers but throw the spotlight on investors' next targets.

  • World Bank Slashes Global Growth Forecasts for 2013 Tuesday, 15 Jan 2013 | 7:13 PM ET
    World Bank building in Washington, DC.

    A frustratingly slow economic recovery in developed nations is holding back the global economy, the World Bank said on Tuesday, as it sharply cut its outlook for world growth in 2013.

  • Peter Ma

    When a high-profile, billion dollar deal for a stake in a Chinese insurer was inked in early December, officials at the country's biggest policy bank were asking one question seemly unrelated to the transaction: Who is Xiao Jianhua? Caixin reports.

  • Japan's Abe Turns to Southeast Asia to Counter China Tuesday, 15 Jan 2013 | 6:05 PM ET
    Shinzo Abe, incoming Prime Minister of Japan.

    The last time he was prime minister of Japan, Shinzo Abe's inaugural foreign trip was to China. In the job again 7 years later and relations with Beijing now chilly, Abe is turning first this time to the rising economic stars of Southeast Asia.

  • First Shots Fired in 'Currency War' Monday, 14 Jan 2013 | 10:58 AM ET
    Dollar, Euro and Iranian Rial

    Japan set the stage for a global currency war, which could hamper the global recovery and relatively robust stock market.

  • Biggest Risk to Asia? Not What You Think Tuesday, 15 Jan 2013 | 2:00 AM ET

    As Asian economies shift into recovery mode, inflation appears to be low on the priority list of central bankers, but HSBC's Asia economist warns against such complacency, as he expects a resurgence in price pressures this year, fueled by wage growth.

  • India's largest software services exporter Tata Consultancy Services gained the most in more than eight months in Mumbai trading after posting better-than-expected earnings and prompting a raft of analyst upgrades.

  • A Chinese government crackdown on lavish spending by officials has pushed expensive liquor and high-end watches out of favor in the luxury gift-giving market, a survey from the Hurun Report, known for its annual China Rich List, showed on Tuesday.

  • Chinese Company Places Huge Order for Airbus Jets Tuesday, 15 Jan 2013 | 4:11 AM ET
    Airbus

    BOC Aviation, the aircraft leasing arm of Bank of China, has placed its largest ever order to buy 50 A320 family jets from Airbus at a list price of $5 billion.

  • Will Lady Luck Return to Australia This Year? Tuesday, 15 Jan 2013 | 12:13 AM ET

    Often called the "lucky country" because of its rich natural resources, Australia's growth has long been funded by the commodities boom but now, economists say, there are a few other bright spots that could pick up where mining left off.

  • A miner at Vaal River gold mine, operated by AngloGold Ashanti in Klerksdorp, South Africa

    Conflict in the West African state of Mali -- the continent's third-largest gold producer -- poses "manageable" risks for miners active in the country's south as Al Qaeda-linked Islamist rebels remain confined to strongholds in the north while former colonial power France continues its offensive against militant bases.

  • You Just Can’t Keep This Currency Down Monday, 14 Jan 2013 | 9:12 PM ET

    Forget a weakening economy and the prospect of further monetary easing. Here's what will keep the Aussie dollar robust in the months ahead - a rebound in commodity prices and even lower interest rates among the world's big economies.

  • Japan Says Confidence in Dreamliner at Stake Tuesday, 15 Jan 2013 | 2:08 AM ET

    Japan's transport minister acknowledged that passenger confidence in Boeing's new 787 Dreamliner jet is at stake,as both Japan and the United States have opened broad and open-ended investigations into the plane after a series of incidents that have raised safety concerns.

  • Yen Rebounds After Minister Warns of Excessive Weakness Tuesday, 15 Jan 2013 | 12:33 AM ET

    The yen rebounded from a 2-1/2-year low on Tuesday after Japanese Economics Minister Akira Amari's remarks that excessive yen weakness could have a negative impact on the country sparked profit-taking in heavy bets against the Japanese currency.

  • Eager to tap China’s movie market, Hollywood studios try to win censors’ approval — taking on Chinese partners, tweaking story lines and, when filming in China, inviting bureaucrats to the set. The New York Times reports.

Editor's Picks

  • The Australian dollar has had a swift, hard fall and now Goldman Sachs is predicting it could fall to as low as $0.80.

  • More fund managers are growing increasingly bearish on the outlook for China, believing "a hard landing" for the economy and a "commodity collapse" are currently the biggest tail risks facing markets, a monthly survey by Bank of America/Merrill Lynch show

  • Japan surpassed expectations in the first quarter, expanding at its fastest pace in a year, but an important pillar of growth was missing.

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