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CNBC Franchise Archive Asia Economy


  • TOKYO, July 30- Japan's factory output rose modestly in June after a big drop in the prior month, highlighting worries of a second-quarter economic slump as exports weaken and manufacturers are saddled with large inventories. Analysts expect the economy to bounce modestly in the current quarter, helped by a pick-up in private consumption as household incomes...

  • Xiaomi partners Uber for smartphone delivery Wednesday, 29 Jul 2015 | 9:08 PM ET
    Xiaomi partners Uber for smartphone delivery

    Hugo Barra, vice president of international at Xiaomi, introduces the on-demand delivery scheme it is rolling out with Uber and explains why China's economic slowdown hasn't dampened the company's growth.

  • MANILA, July 30- Gold hovered not far from a 5-1/ 2- year low early on Thursday after the Federal Reserve said the U.S. economy and job market continue to strengthen, supporting a possibile interest rate rise when the Fed meets again in September. *Spot gold was flat at $1,096.75 an ounce by 0036 GMT. It sank to as low as $1,077 last week, its weakest since February 2010,...

  • WASHINGTON, July 29- The United States is in talks to reach an agreement on currency policy with all its partners in a potential Asia-Pacific trade pact, a U.S. Treasury official said on Wednesday. "We are discussing with all of our TPP partners provisions to promote our mutual interest in preventing unfair currency practices," the official said, referring to the...

  • FOREX-Dollar rises as Fed's jobs view hints at rate hike Wednesday, 29 Jul 2015 | 3:35 PM ET

    NEW YORK, July 29- The dollar rose modestly against a basket of currencies on Wednesday as the Federal Reserve upgraded its view of the labor market, supporting some traders' opinion that it would raise benchmark U.S. interest rates, perhaps as early as September. Although inflation has remained below the Fed's 2 percent target and overseas developments...

  • Bill Gross: Chinese market difficult to play Wednesday, 29 Jul 2015 | 2:20 PM ET
    Bill Gross: Chinese market difficult to play

    Bill Gross, Janus Capital, discusses his play on the collapse in China's stock market.

  • How much longer can China rescue its markets? Wednesday, 29 Jul 2015 | 7:36 AM ET
    How much longer can China rescue its markets?

    Stephen Roach, Yale senior fellow, shares his thoughts on the Chinese government's plans to prop up its equities.

  • China auto sales slump hits industry fortunes Wednesday, 29 Jul 2015 | 4:09 AM ET

    BEIJING— General Motors Co.' s $5 billion initiative to create cars for China and other emerging markets comes just as automakers face a collapse in the booming Chinese demand they were counting on to power their growth. On Wednesday, Volkswagen AG said its second-quarter profit fell 16 percent due partly to weakness in China, where first-half sales fell 0.5...

  • *China official PMI seen at 50.2 in July, unchanged from June. BEIJING, July 29- Growth in China's manufacturing sector likely steadied in July but remained at a subdued pace, a Reuters poll showed, fuelling hopes that a slowdown in the world's second-largest economy may be gradually bottoming out. The flash Caixin/Markit PMI released last week showed China's...

  • NEW YORK— U.S. stocks rose on Wednesday after Federal Reserve policymakers voted to keep interest rates unchanged and gave no indication that a rate rise was imminent. "Yeah, the economy is improving, but they are not really saying that the economy is taking off here," said Tom di Galoma, head of rates trading at ED&F Man Capital. There are several reasons why the Fed...

  • SHANGHAI, July 29- China's yuan inched up against the dollars on Wednesday as some corporate clients sold dollars after the central bank set the official guidance rate slightly firmer, traders said. The People's Bank of China set the midpoint rate at 6.1150 per dollar prior to market open, 0.01 percent firmer than the previous fix at 6.1154.

  • China markets historically wild: Pro Tuesday, 28 Jul 2015 | 3:07 PM ET
    China markets historically wild: Pro

    Insight to the action in China's stock market, and buildup of debt in the economy there, with Ken Brown, Wall Street Journal Asia Finance Editor & Hong Kong Bureau Chief.

  • O'Leary still in China companies Tuesday, 28 Jul 2015 | 11:01 AM ET
    O'Leary still in China companies

    The play on equities amid a steep selloff in China, with "Shark Tank" investor Kevin O'Leary.

  • What China's stock plunge means for US real estate Tuesday, 28 Jul 2015 | 10:58 AM ET
    A new home for sale in a gated community in San Antonio, Texas.

    "Few assets offer the combination of relatively modest risk and high returns as U.S. real estate," a Zillow researcher says.

  • 3 charts explaining the Chinese stock market Tuesday, 28 Jul 2015 | 10:46 AM ET
    An investor observes stock market at a stock exchange hall in Hangzhou, Zhejiang Province of China.

    The Chinese stock market is moved by retail investors, and behaves much differently than other major markets. Here's a look.

  • Why this Chinese stock plunge could be different Tuesday, 28 Jul 2015 | 7:23 AM ET
    Investors look at an electronic board showing stock information at a brokerage house in Shanghai.

    The plummet in Chinese stocks may not directly harm the country's real economy, but it could have wide-ranging effects.

  • Chinese farmer loses money and hope to stock market Tuesday, 28 Jul 2015 | 6:21 AM ET
    Chinese farmer loses money and hope to stock market

    CNBC's Eunice Yoon reports how a Chinese investor lost all of his savings to Chinese markets.

  • BEIJING, July 28- China's top economic planner said on Tuesday that it was optimistic on the outlook for the economy in the second half of 2015, but was paying close attention to volatility in the country's stock markets. Beijing is facing an uphill battle to channel money into the real economy but banks are reluctant to lend as the slowing economy fuels a rise in...

  • *June factory output -8.0 pct y/y, biggest fall since March 2014. BANGKOK, July 28- Thailand's finance ministry on Tuesday cut its economic growth forecast for the third time this year due mainly to shrinking exports, a big obstacle to the trade-dependent country regaining traction. Since then, growth targets for Southeast Asia's second-largest economy have...

  • South Korea declares country out of MERS danger Tuesday, 28 Jul 2015 | 1:21 AM ET
    Shoppers walk in the Myungdong shopping district in Seoul, South Korea.

    South Korea declared it is effectively out of danger from MERS, more than two months after the first case was reported and after the death of 36 people.

Contact Asia Economy


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