Asia-Pacific News
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Despite all the negative headlines, Chinese investment in the US hit an all-time record in 2012: $6.5 billion. It will likely surpass that level in 2013.
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China stocks may open higher on Monday, after the People's Bank of China announced Saturday a 50-basis point cut in the banks' reserve requirement ratio (RRR).
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The economic slowdown in India is one of the world’s biggest economic stories, but it is commanding only a modicum of attention in the United States.
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US manufacturers have attacked plans by JPMorgan Chase to launch an exchange-traded fund backed by physical copper, arguing that the product would “grossly and artificially inflate prices” and “wreak havoc on the US and global economy”. The FT reports.
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Two days after being criticized for dropping direct ads on Facebook, General Motors said it will also stop running ads during the Super Bowl.
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Soon after lawmakers finished work on new financial regulations, JPMorgan lobbyists descended on Washington. Their goal was to obtain special breaks that would allow banks to make big bets in their portfolios. The New York Times reports.
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Call it prosperity without a whole lot of pull, at least when it comes to investors. This is the new reality of the auto industry. Business is booming, profits are strong, investors are indifferent.
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Two new models geared toward two very different buyers are the latest moves by Ford and GM.
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A week and a half after dismissing concerns about the risky trades being made by a unit at the bank, top executives in a conference room on the 48th floor of the bank’s Park Avenue headquarters realized they had a problem. The New York Times reports.
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Chinese and U.S. leaders said Friday that they had made important progress on a range of economic issues, with China Prime Minister Wen Jiabao saying the agreement had included “some important breakthroughs.”
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Parallels are being drawn between Europe’s current debt crisis and Japan’s so-called Lost Decade, when the Asian country’s economy imploded in the 1990s. The NYT reports.
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Harsha Basnayake, Singapore and Asean Leader for Transaction Advisory Services at Ernst & Young Solutions, says mergers and acquisitions activity is still healthy in Southeast Asia.
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The framework for a Free Trade Agreement (FTA) between South Korea and China may be ready in two years, said the South Korean President.
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Donna Kwok, Greater China Economist, HSBC expects a lower China trade surplus with weakening demand in Europe.
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Too many Americans are addicted to cheap credit and to artificially cheap Chinese imports at big box stores
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China stocks are set for more rangebound trading on Friday, as investors continued to grapple with global and domestic economic uncertainties.
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Stuart Crow, Head of Capital Markets, Asia Pacific, Jones Lang LaSalle Property Consultants says commercial property will turn around in the second half of the year after a big drop in transactions because of worries about the euro debt crisis.
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Sitao Xu, Director, Economist Intelligence Unit says that Chinese dissident Chen Guangcheng's case could bring about positive change to China's political front.
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This week the world's top auto executives have been gathering in China for the Beijing auto show. We’ve put together photos of new models and concept cars introduced at the event.
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Despite all the debate about the Buffett rule, the U.S. ranked 23rd in terms of the top marginal tax rate in 2011. Find out which 10 countries have the world's highest income tax rates.
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Walk into the BMW Beijing Huadebao Auto showroom and you quickly see why China has become a huge focus for the German luxury automaker.
Editor's Picks
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Hong Kong's Hang Seng stock index may be one of Asia's laggards, but Morgan Stanley reckons the market is poised to more than double to 50,000 by the end of 2015.
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First it was gold, and now it's silver. The metal fell victim to heavy selling on Monday.
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Australia's dollar has received its fair share of whacking lately and perhaps it's time to give the currency a bit of a break, currency strategists say.
Asia Video
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Tokyo is proposing a low tax zone for foreign companies to help accelerate economic growth. The proposal, part of Prime Minister Abe's strategy, would aim for the new zone to bring at least part of the capital's corporate tax rate close to those of Singapore and Hong Kong.
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John Rogers, President and CEO of CFA talks the importance of creating a professional standard in the financial industry.
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Ed Rogers, CEO & CIO of Rogers Investment Advisors talks Sony and Japanese economic reforms.