Asia-Pacific News


  • China house prices fall again in November Wednesday, 17 Dec 2014 | 8:31 PM ET

    China's home prices posted a third consecutive annual drop in November, fueling speculation that the government will need to undertake further measures to avert a sharp slowdown in the economy.

  • Xi's visit to Macau deals cold deck to VIP gamblers Wednesday, 17 Dec 2014 | 7:18 PM ET

    Chinese President Xi Jinping arrives in Macau with a clear message: the world's biggest gambling center cannot remain a one-industry town.

  • Asian central banks feel safe from ruble crisis Wednesday, 17 Dec 2014 | 7:02 PM ET
    Five thousand rouble notes.

    Asian central bankers are on guard but are confident that Rubles collapse will not trigger their own currencies sell-off.

  • US officials: North Korea ordered the Sony hack Wednesday, 17 Dec 2014 | 6:08 PM ET
    North Korean leader Kim Jong Un inspects KPA Air and Anti-Air Force Unit 458 in an undated photo released by North Korea's Korean Central News Agency (KCNA) in Pyongyang Dec. 8, 2014.

    US officials believe the individuals behind it were acting on orders from the North Koreans

  • Saying 'I do' goes high-tech in India Wednesday, 17 Dec 2014 | 6:07 PM ET

    In India, where the overall wedding market is pegged at a whopping $40 billion, matrimonial websites have hit the big time.

  • Australia orders sweeping siege investigation Wednesday, 17 Dec 2014 | 2:43 AM ET

    Tough new security laws and the courts failed to stop a convicted felon from walking into a Sydney cafe with a concealed shotgun.

  • You'll never believe why these bras were recalled Wednesday, 17 Dec 2014 | 1:40 PM ET
    Triumph International Japan models display the new 'Branomics Bra' inspired from Japanese Prime Minister Shinzo Abe's economic policy 'Abenomics' at a press preview in Tokyo on May 8, 2013.

    A Japanese lingerie maker recalled more than 20,000 brassieres after complaints that underwires suddenly poked out, sometimes while being worn.

  • China's Baidu invests in Uber taxi service Wednesday, 17 Dec 2014 | 5:19 AM ET

    Chinese Internet giant Baidu Inc confirmed on Wednesday it is buying a stake in fast-growing international car-hailing service Uber.

  • McDonald's in Japan limits orders of fries Wednesday, 17 Dec 2014 | 1:13 AM ET

    McDonald's in Japan is limiting the serving size of fries as stocks of spuds run short due to labor disruptions on the U.S. West Coast.

  • Dalian Wanda prepares for the end of urbanization Wednesday, 17 Dec 2014 | 12:21 AM ET
    China Construction of America has successfully bid for state-level and municipal projects in the United  States, such as the $407 million Alexander Hamilton Bridge rehabilitation, seen here.

    Owner of Dalian Wanda says China's era of rapid urbanization will end within a decade, so he is looking to shift toward tourism and entertainment.

  • Japan November exports, imports below view Tuesday, 16 Dec 2014 | 6:52 PM ET

    Japanese exports undershot expectations in November despite the effects of a weaker yen, but rose for the third straight month suggesting a pick up in global demand.

  • China’s top five macro themes next year: HSBC Tuesday, 16 Dec 2014 | 5:49 PM ET

    With disappointing economic data chasing China into the new year, HSBC is cutting its growth forecasts, citing five key themes for the economy.

  • Feast turns to famine for China trusts Tuesday, 16 Dec 2014 | 7:03 PM ET

    China's trust industry has been slowing this year due to a cooled economy and competition for investor funds. The Financial Times reports.

  • RBA says Aussie dollar needs to fall further Tuesday, 16 Dec 2014 | 12:45 AM ET

    RBA felt a further decline in the local dollar was needed to help cushion the economy from falling resource prices when deciding to hold rates.

  • China's outlook worsens with gloomy PMI reading Monday, 15 Dec 2014 | 8:46 PM ET

    Chinese factory output fell for a second straight month in December, adding to concerns about slowing activity in the world's second-largest economy.

  • In pictures: The final hours of the Sydney siege Monday, 15 Dec 2014 | 8:49 PM ET

    The 16-hour Sydney hostage crisis came to a tragic end in the early hours of Tuesday morning.

  • Sydney Siege: What you need to know Monday, 15 Dec 2014 | 8:15 PM ET
    A memorial at the scene of a dramatic siege which left two hostages dead in Sydney on December 16, 2014

    Australia is dealing with the aftermath of a 16-hour terror siege that occurred just three months after the country's terrorism alert was raised. Here a few key questions that arose following the attack.

  • Japan firms promise Abe to lift wages, urge reforms Monday, 15 Dec 2014 | 6:54 PM ET
    Shinzo Abe, Japan's prime minister.

    Japanese business leaders have promised Shinzo Abe to raise wages and allow suppliers to pass on higher costs, while urging for labor reforms.

  • China to build $31B worth of new infrastructure Monday, 15 Dec 2014 | 7:09 PM ET
    Traffic in Beijing.

    China's economic planner has approved the construction of $31 billion of roads and an airport in a government effort to increase investment.

  • Despite risks, Thailand may consider rate cut Monday, 15 Dec 2014 | 5:58 PM ET

    Calls for Thai policymakers to cut interest rates are growing despite an environment of high household debt, as the economy continues to struggle six months after a coup d'etat.

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