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What's News Asia

Last Build Date: Fri, 02 Dec 2016 00:30:04 EST

Copyright: copyright © 2016 Dow Jones & Company, Inc.

Foreign Firms Face New Clampdown for Getting Money Out of China

Fri, 02 Dec 2016 00:06:12 EST

Multinational companies are suddenly finding themselves in the crosshairs as China dials back its effort to turn the yuan into a global currency, alarmed that it has accelerated the flight of capital from its shores. image

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Abu Dhabi Sovereign-Wealth Fund Gets Entangled in Sprawling Scandal

Thu, 01 Dec 2016 21:31:18 EST

Investigators probing the missing billions at Malaysia’s 1MDB state development fund believe two former officials of the Abu Dhabi sovereign-wealth fund IPIC played a central role in the alleged international fraud. The extent of the probe shows the financial scandal’s global reach.image

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Pence Says Trump Administration Planning Ambitious Agenda

Fri, 02 Dec 2016 00:00:10 EST

The incoming administration aims to press ahead with its goals to overhaul the tax code, health care and immigration during its early days in the White House, the vice president-elect said.image

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Thailand Gets New King, but Few Clues to What's Next

Fri, 02 Dec 2016 00:21:30 EST

As King Maha Vajiralongkorn takes over from his late father, the focus is whether he will strengthen a long alliance with the army or step back from politics.image

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Bond Market Slide Intensifies

Fri, 02 Dec 2016 00:09:50 EST

The rise in yields since July, with the 10-year Treasury note up by more than 1 percentage point in that time, has hammered debt issued in emerging markets and many U.S. states and cities.image

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Emerging Market Outflows Raise Specter of Taper Tantrum

Thu, 01 Dec 2016 21:53:32 EST

Foreigners pulled $24.2 billion from emerging markets in November, prompting some to ask whether the fallout from Donald Trump’s U.S. election victory is causing a repeat of the so-called taper tantrum of 2013.image

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Trump Warns Firms Will See Penalties if Jobs Leave the U.S.

Fri, 02 Dec 2016 00:05:10 EST

The president-elect vowed to punish U.S. companies that shift jobs overseas as he praised a deal that would save about 800 factory jobs in Indiana.image

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