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Asian stocks, commodities in broad selloff on jitters over Cyprus deal – Reuters

By Chikako Mogi TOKYO | Mon Mar 18, 2013 1:46am EDT TOKYO (Reuters) – Stocks and commodities fell sharply in Asia on Monday as investors were rattled by a radical bailout plan for Cyprus and piled into safer assets including the U.S. dollar, gold and sovereign debt. European markets are also expected to fall, with […]

Asia Bond Risk Surges on Europe Concern; Taiwan Semi Hires Banks – Bloomberg

The cost of insuring corporate and sovereign bonds in the Asia region against non-payment surged as a levy on Cyprus bank deposits spurred renewed turmoil in Europe. Taiwan Semiconductor Manufacturing Co. hired banks for a possible dollar-denominated offering. The Markit iTraxx Asia index of 40 investment-grade borrowers outside Japan jumped five basis points to 106 […]

FOREX-Euro skids in Asia as Cyprus deal alarms – Reuters

Sun Mar 17, 2013 5:14pm EDT March 18 – The euro skidded lower in Asia early Monday as surprise news that Cyprus would have to tax depositors as part of a bailout plan was taken as setting a dangerous precedent that could ultimately risk runs on some banks in the region. The single currency was […]

Japan’s entry to Asia-Pacific trade deal faces scrutiny from business, lawmakers – The Hill (blog)

A broad range of groups are expressing concern that Japan won’t be able to meet the high standards of an Asia-Pacific trade deal, and are urging a careful examination of Tokyo’s push to join talks. Business groups, lawmakers and U.S. automakers are calling on Japanese Prime Minister Shinzo Abe to provide specifics as to […]

China’s new leader to usher in ‘renaissance’ – Aljazeera.com

Xi Jinping, China’s new president, has said that he will try to usher in a “great renaissance”, in his first speech as head of state of the world’s most populous country. Xi called for “arduous efforts for the continued realisation of the Chinese dream“, in a speech on Sunday to delegates at the National People’s […]

Over 12000 dead pigs fished out in China – Aljazeera.com

Chinese workers have fished more than 12,000 dead pigs out of a main waterway in the cities of Shanghai and Jiaxing over the week, in a scandal that has spotlighted China’s troubles with food safety, according to officials. The South China Morning Post newspaper quoted government sources as saying on Sunday that nearly 9,000 […]

World Markets Weekend Review: The Asia-Pacific Divide – Seeking Alpha

World Markets Weekend Review: The Asia-Pacific Divide – Seeking Alpha

Four of the eight indexes on my world watch list are Asia-Pacific players, and over the past week we saw a rather extreme divide among them. At one end was Japan, where the Nikkei 225 rose 2.26% (on top of its previous week’s 5.84% gain). At the other end India’s SENSEX was down 1.30%, China’s […]

Iran wins silver in Asia youth boxing championships – Press TV

On Saturday, Omidi conceded a defeat against his Kazakh rival in the minus 81-kilogram weight class, and finished second in a bout at the gym in the coastal town of Subic. The 2013 ASBC Asian Confederation Youth Boxing Championships started on March 10, and wrapped up on March 17. The event brought together participants […]

Khademi bags gold for Iran in Asia cycling championships – Press TV

On Saturday, the 21-year-old Iranian prevailed over his fellow riders in the 142-kilometer pursuit, and finished with a record of three hours and four minutes and 18 seconds. Nurbolat Kulimbetov and Vladislav Gurbunov of Kazakhstan finished second and third, respectively. In the tough 10-lap race, the neck-to-neck competition among the riders in the leading […]

Why Are Asia’s Markets Trailing The World? – Forbes

Why Are Asia’s Markets Trailing The World? – Forbes

It’s a curious thing when the world’s biggest growth market, Asia, has dramatically underperformed American and European stock markets, this year and over the past 12 months. Particularly as it should be a key beneficiary of any green shoots of global economic recovery. More curious still is that Asia’s most cyclical markets – China, South Korea, […]