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Asia-Pacific News


  • China to free clearing market for bank cards Wednesday, 29 Oct 2014 | 7:18 PM ET

    China will open up its market for clearing domestic bank card transactions, in a move that could benefit companies such as Visa and Mastercard.

  • India's delivery men offer prize investment Wednesday, 29 Oct 2014 | 7:45 PM ET
    The Snapdeal.com website is displayed in this photo.

    Everyone wants a piece of India's booming online retail sector, but for those without billions to spare, the best bet may be the delivery men.

  • Korea targets young singles to save economy Wednesday, 29 Oct 2014 | 7:45 PM ET
    An employee looks at Samsung Electronics Co. ultra high definition (UHD) televisions at the company's digital plaza store in Seoul, South Korea.

    As South Korea's population ages, makers of consumer goods are increasingly targeting so-called "golden singles" - young unmarrieds living alone.

  • As inflation deadline looms, what are BOJ's options? Wednesday, 29 Oct 2014 | 8:05 PM ET

    There is almost no way the Bank of Japan can hit the inflation target Kuroda set when he unleashed unprecedented monetary stimulus in April 2013.

  • Is South Korea headed for Japan-style deflation? Wednesday, 29 Oct 2014 | 6:30 PM ET

    As inflation expectations in South Korea drop, experts are debating whether Asia's fourth-largest economy risks Japan-style inflation.

  • What a vacation to North Korea is really like Wednesday, 29 Oct 2014 | 6:38 PM ET
    Chinese tourists leave after paying homage to a giant portrait of Kim Il-sung at a square in Rason city in North Korea.

    As tourism to the isolated communist country of North Korea increases, more travelers are choosing to make up their own minds about the country.

  • Will Asia’s exports ever recover? Wednesday, 29 Oct 2014 | 6:38 PM ET

    Asia's export growth has stalled since a post-financial crisis recovery, faced with a combination of weak global demand and structural changes, HSBC said.

  • Alibaba in talks with Sony Pictures: Report Wednesday, 29 Oct 2014 | 10:35 AM ET
    Jack Ma

    Alibaba Pictures, the media arm of the the Chinese e-commerce giant, is reportedly in talks with Sony Pictures to co-finance movies.

  • China's smog tied to trade: Report Wednesday, 29 Oct 2014 | 12:54 PM ET
    A haze of pollution as the sun sets over the harbour in Hong Kong as thousands of ships burn dirty fuels that have turned the once-fragrant harbor into a city often covered in smog with air pollution killing over 3,000 people yearly.

    Chinese ships carrying exports to market are churning out air pollution in its major port cities, according to a report.

  • Hong Kong protesters face police bust online Tuesday, 28 Oct 2014 | 11:32 PM ET
    Umbrellas are opened as tens of thousands come to the main protest site one month after the Hong Kong police used tear gas to disperse protesters in Hong Kong.

    There is heightened fear that the authorities have begun to police the Internet in mainland China. The New York Times reports.

  • Beijing subway fares poised to double Tuesday, 28 Oct 2014 | 11:09 PM ET
    Chinese commuters crowd onto a subway car on the metro during rush hour in Beijing, China.

    Beijing has warned users that subway fare increases could more than double the cost of an average commute. The Financial Times reports.

  • China to revamp judiciary system Tuesday, 28 Oct 2014 | 7:49 PM ET
    Chinese President Xi Jinping.

    China's Communist Party pledged to speed up legislation to fight corruption and make it tougher for officials to exert control over the judiciary.

  • China can afford 7% growth in 2015: World Bank Wednesday, 29 Oct 2014 | 1:16 AM ET

    China can afford to cut its 2015 economic growth target to 7 percent and still keep its labor market healthy, the World Bank said on Tuesday.

  • Hong Kong activists say will fight on for a year Tuesday, 28 Oct 2014 | 7:59 PM ET
    Protesters hold umbrellas and signs as thousands come to the main protest site one month after the Hong Kong police used tear gas to disperse protesters in Hong Kong.

    Nearly nine out of 10 Hong Kong protesters say they are ready to stay on the streets for more than a year to push for full democracy.

  • Alibaba’s market value surpasses Wal-Mart Tuesday, 28 Oct 2014 | 8:27 PM ET
    An employee walks past the Alibaba logo during a media tour organized by government officials at the company’s headquarters outside of Hangzhou, Zhejiang province, China.

    Alibaba muscled ahead of Wal-Mart by one important measure, when its market valuation surpassed the retailer by revenues. The Financial Times reports.

  • Is China's demand for robots creating a bubble? Tuesday, 28 Oct 2014 | 8:16 PM ET
    A robot carrying food to customers in a restaurant in Kunshan, China.

    China wants domestic companies to buy more locally made robots, but industry insiders have warned its policies are over-stimulating the market.

  • Japan factory output logs fastest pace in 8 months Tuesday, 28 Oct 2014 | 7:51 PM ET

    Japan's industrial production rose 2.7 percent on month in September, above expectations for a 2.2 percent rise and up from a 1.9 percent decline in August.

  • Has Singapore's property bubble already burst? Tuesday, 28 Oct 2014 | 7:15 PM ET

    Despite dire predictions of sharp drops, Singapore's property prices don't seem to have budged much, but statistics may mask trouble in the market.

  • Can China host a smog-free APEC summit? Tuesday, 28 Oct 2014 | 6:45 PM ET
    A cyclist wearing a mask rides along a road as heavy smog engulfs China.

    With the Asia-Pacific Economic Cooperation summit due in less than two weeks, Chinese authorities are stepping up measures to combat air pollution.

  • Apple and Alibaba hint at partnership Tuesday, 28 Oct 2014 | 2:41 AM ET
    Apple CEO Tim Cook speaks about Apple Pay during an Apple special event at the Flint Center for the Performing Arts on September 9, 2014 in Cupertino, California.

    Apple CEO Tim Cook said he will discuss a possible partnership with China's e-commerce giant Alibaba some time later this week.

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