Asia Pacific Business News

China on Tuesday executed a former securities trader for embezzlement, the first person in the industry to be put to death, but millions of yuan are still missing, a state newspaper said. Yang Yanming was sentenced to death in late...

The dollar dipped on Tuesday after Federal Reserve Chairman Ben Bernanke dampened speculation of an early U.S. Asian shares steadied as investors took a breather after recent gains. European shares were set to be little changed on opening, according to...

In a speech squarely aimed at global regulators, Glenn Stevens criticised some of the key controls being planned for banks around the world. And he questioned whether banks in countries such as Australia should be punished for the problems caused...

To the markets where the NZX50 is down five points to 3,132. AMP down 5c to $7.78, ANZ down 24c to $27.54, Auckland International Airport down 1c to $1.83, Contact Energy down 5c to $5.85, Fisher & Paykel Healthcare down...

The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0600 GMT on Tuesday. ** Shareholders in Australian coal miner Felix Resources Ltd (FLX.AX) approved a A$3.3 billion ($3.0 billion) takeover offer from Chinese...

IN THE world according to Westpac, mortgages are much like banana smoothies, and the cost of borrowing money is like the cost of bananas. All of this will be news to the hundreds of thousands of Westpac customers who received...

Yukio Hatoyama's government, which took office in September, agreed yesterday to spend �7.2 trillion ($81 billion) to avert a return to recession, adding an extra �100 billion as a concession to a coalition partner whose demand for �8 trillion had...

A group of Japanese medical examiners Wednesday inaugurated an entity to provide an Internet-based autopsy service to enable doctors in remote places to accurately determine the cause of death by sending postmortem imaging data. To access full stories on Kyodo...

Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.62 percent, Dow Jones futures down 0.53 percent and Nasdaq 100 futures down 0.52 percent, at 0840 GMT (3:40 a.m...Investors...

She says that has been mainly caused by the fall in the meat and dairy sector caused by lower dairy prices. ASB Economist Jane Turner agrees a lot of the weakness has come from the meat and dairy sector. She...