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Vodafone FY Revenue 44.4 Billion Pounds, in Line With Forecasts

Asia-Pacific News

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  • What Most Entrepreneurs Get Wrong Monday, 20 May 2013 | 11:17 PM ET

    Some of Asia's most successful entrepreneurs confess to their most common mistakes.

  • What the Silver Chart Is Telling You About Gold Monday, 20 May 2013 | 8:56 PM ET

    The silver chart shows that those who are wishing for a rise in the gold price will be disappointed. The silver downtrend will continue and gold will follow.

  • Economic Recovery, Made in Bangladesh? Monday, 20 May 2013 | 9:15 PM ET

    Nearly every rich country has gone through a "T-shirt phase" — an economic period in which poor farmers work in textile and apparel factories. Bangladesh is at the beginning of the race. The New York Times reports.

  • Obama to Meet With China's Xi in California in June Monday, 20 May 2013 | 7:06 PM ET

    President Barack Obama and Chinese President Xi Jinping will hold their first meeting since Xi became president in March when they sit down for a June 7-8 summit in California.

  • Goldman to Exit ICBC With $1.1 Billion Sale: IFR Monday, 20 May 2013 | 7:07 AM ET

    Goldman Sachs is selling about $1.1 billion worth of Hong Kong-traded shares in Industrial and Commercial Bank of China, the world's biggest bank.

  • Risky Business: Lessons From the Bloomberg Scandal Monday, 20 May 2013 | 8:30 AM ET

    Bloomberg's scandal offers uncomfortable lessons in how we do business in a digital era. We're also more tolerant of leaving behind our electronic data, and not calling out missteps.

  • The World's Most Dangerous Waters Friday, 17 May 2013 | 11:45 AM ET

    Maritime pirates are honing their tactics and beefing up their weaponry. Here are the world’s most pirate-infested waters, and learn about individual attacks from each place.

  • Korea Goes After Chinese Tourists as Yen Falls Monday, 20 May 2013 | 6:04 AM ET

    Japanese tourists to South Korea, the largest group of visitors to Asia's fourth largest economy last year, fell by 25 percent in the first quarter thanks to a falling yen. But not to worry - the Chinese are here.

  • Yahoo to Buy Tumblr, Vows 'Not to Screw It Up' Monday, 20 May 2013 | 8:49 AM ET
    Tumblr

    Yahoo said Monday it will buy blogging website Tumblr for $1.1 billion cash, in a bold move to make itself more relevant amid the explosion in social media on the Internet.

  • Why This Week Could See Start of Risk-Off Monday, 20 May 2013 | 12:00 AM ET
    Mario Draghi, President of the European Central Bank

    The deteriorating economic and political triggers in Europe appear likely to cause a bout of serious risk-off, Mike Gallagher, director of research at IDEAglobal said.

  • No Love for Precious Metals—Silver Gets Slammed Monday, 20 May 2013 | 1:49 AM ET

    First it was gold, and now it's silver. The metal fell victim to heavy selling on Monday on U.S. dollar strength and as investors turned more cautious.

  • HK Stocks to Double by End-2015: Morgan Stanley Monday, 20 May 2013 | 1:13 AM ET

    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 on the back of ample liquidity.

  • Thai Economy Contracts, Raising Odds of Rate Cut Monday, 20 May 2013 | 12:38 AM ET

    Thailand's economy contracted more than expected in January-March from the previous three months, which economists said raises the chances that this month will bring a rate cut..

  • Australia Stock Rally Showing Signs of Fatigue Sunday, 19 May 2013 | 11:32 PM ET

    Australian stocks have enjoyed solid gains amid the party in global equities, rising around 20 percent over the past six months, but one strategist fears the rally could be short-lived.

  • Chinese Hackers Resume Attacks on US Targets Monday, 20 May 2013 | 7:22 AM ET
    A building in a Shanghai suburb that is reportedly a center of cyberespionage.

    Hackers working for China's army appear to have resumed their attacks on U.S. companies. The NYT reports.

  • Japan's '3 Arrows' May Run Into German Wall Sunday, 19 May 2013 | 10:58 PM ET
    Shubiya district, Tokyo, Japan

    Abe will have a tough job trying to convince his G-8 colleagues next month that his "three arrows" stimulus program is not just a subterfuge to boost exports, says this economist.

  • Woah, Is It Time to Slow That Yen Fall? Sunday, 19 May 2013 | 10:13 PM ET

    Eight months into the yen's steep decline and Japan's policymakers are starting to voice their concern about the pace of the currency's move.

  • Central Banks in Driving Seat for Asia Markets Sunday, 19 May 2013 | 7:33 PM ET
    Haruhiko Kuroda, governor of the Bank of Japan

    A two-day Bank of Japan meeting, a speech by the Federal Reserve's chief and minutes from the latest Reserve Bank of Australia gathering put central banks in focus for Asian markets this week.

  • Dreamliner Flying Again in US After Lengthy Grounding Sunday, 19 May 2013 | 11:27 PM ET
    Boeing 787 Dreamliiner

    After 123 days being grounded and then repaired to ensure its battery systems do not catch fire, Boeing 787 Dreamliners are about to once again make commercial flight in the United States.

  • Bernanke’s Testimony Critical to Oil Prices Sunday, 19 May 2013 | 10:10 PM ET
    Federal Reserve Board Chairman Ben Bernanke

    The U.S. dollar and its reaction to the Federal Reserve Chairman Ben Bernanke's Congress testimony on Wednesday will prove central for crude oil price direction this week.

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.

Asia Video

  • Richard Vuylsteke, President of the American Chamber of Commerce in Hong Kong, discusses the challenges still facing Myanmar and U.S. engagement in the country.

  • Donald Yacktman, President & Co-CIO of Yacktman Asset Management, says recent M&A activity is a sign of the Fed's easy money burning holes in companies' pockets.

  • A chief government spokesman commented that the recent improvements in the Japanese economy show Prime Minister Abe's economic policies are starting to take effect in the real economy. The Nikkei's Makiko Utsuda has more.