Asia News

  • Indian Rupee Volatility Jumps Most Since August on Election Risk

    Updated 4 minutes ago

    A gauge of expected fluctuations in India’s rupee surged the most since August amid speculation the currency will pare this year’s gains should election results due in a month go against predictions.

  • Asian Stocks Rise on Telcos as Investors Weigh China Data

    Updated 18 minutes ago

    Asian stocks rose for the first time in four days amid a rally in telecommunication shares and as investors weighed prospects for stimulus after China’s economic growth slowed to the weakest pace in six quarters.

  • China’s Growth Slows to Six-Quarter Low

    Updated 40 minutes ago

    China’s expansion moderated to the weakest pace in six quarters and property construction plunged, testing leaders’ commitment to keep reining in credit as risks mount of a deeper slowdown.

  • South Korea Now Says Hundreds May Be Missing After Ferry Sinking

    Updated 25 minutes ago

    South Korea’s government said at least 100 people remain unaccounted for and the total may be far greater, almost seven hours after rescuers began aiding survivors of a ferry that sank en route to a holiday resort.

  • European Stocks Rise Before U.S. Data as Tesco Rallies

    Updated 19 minutes ago

    European stocks rose the most in three weeks as investors weighed earnings reports and awaited data that may show American housing and industrial activity increased. U.S. index futures and Asian shares climbed.

  • Gold Extends Decline on Prospects for Further Tapering by Fed

    Updated 1 hour, 13 minutes ago

    Gold retreated for a second day, extending the biggest drop in three weeks, on prospects for further cuts to the Federal Reserve’s stimulus program as the U.S economy shows signs of recovery. Silver fell.

  • Korean Company Risk of Distress Dwarfs Japan, AlixPartners Says

    Updated 2 hours, 4 minutes ago

    South Korean companies are more likely to face financial distress this year than their counterparts in Japan as the won’s strength makes exporters’ goods more expensive, AlixPartners LLP said.

  • Dollar Gains as Ukraine Tension Rises; Aussie Erases Loss

    Updated 1 hour, 49 minutes ago

    The yen fell against all but one of its 16 major peers and the Australian dollar erased an earlier loss after data showed China’s economic growth slowed less than forecast, spurring demand for higher-yielding assets.

  • Indonesia Sees Chance for Policy Easing in 2015: Southeast Asia

    Updated 35 minutes ago

    Indonesia will have a chance to ease monetary policy next year as inflation slows, after maintaining a tight stance in 2014, Bank Indonesia Deputy Governor Halim Alamsyah said.

  • ACB Bank Founder Pleads Not Guilty to Vietnam Fraud

    Updated 31 minutes ago

    Nguyen Duc Kien, a founder of Asia Commercial Bank, pleaded not guilty to fraudulently taking assets, tax evasion and other crimes that partly caused losses the Vietnamese lender estimates at 8.67 trillion dong ($411 million).

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