World Economy Asia-Pacific News


  • India goes all out to court foreign investors Friday, 17 Apr 2015 | 8:40 AM ET

    India's bid to woo foreign investors was very much in focus this week at the world’s biggest industrial technology fair, Hannover Messe, in Germany.

  • Korea Inc getting squeezed by China: FinMin Thursday, 16 Apr 2015 | 11:35 PM ET

    South Korean companies feel the pain from the wave of low-cost competition out of China, said Finance Minister Choi Kyung-hwan.

  • Hong Kong's next hurdle: fewer mainland shoppers Thursday, 16 Apr 2015 | 11:06 PM ET

    Hong Kong has a dilemma: retailers depend on mainland Chinese shoppers, but local resentment has prompted Beijing to tighten the flow of visitors.

  • This will be Asia's next trillion-dollar economy Thursday, 16 Apr 2015 | 6:43 PM ET

    Indonesia is on track to become Asia's next trillion dollar economy in two years, joining the ranks of China, Japan, India, Australia and South Korea.

  • South Korea's Park swept up in political storm Friday, 17 Apr 2015 | 12:51 AM ET

    A tycoon's suicide, the looming resignation of a prime minister: This may sound like a Hollywood film, but it's the latest headache for South Korea.

  • China suspends rules on tech companies serving banks Thursday, 16 Apr 2015 | 8:18 PM ET
    U.S. Treasury Secretary Jacob Lew shakes hands with Chinese Premier Li Keqiang before a meeting at the Great Hall of the People on March 30, 2015 in Beijing

    China has suspended a policy that would have effectively pushed foreign technology companies out of the country's banking sector. The NYT reports.

  • The Force is strong in this one: ANA's Star Wars plane Thursday, 16 Apr 2015 | 11:17 PM ET
    Picture courtesy of All Nippon Airlines

    The Japanese airline announced an R2-D2 livery on its new 787-9 Dreamliner, which is just the start of a five-year ANA Star Wars Project.

  • China slowdown sparks friction in Australia Thursday, 16 Apr 2015 | 8:06 PM ET

    The last time Western Australia was engaged in a dispute with Canberra of this magnitude was during the 1930s Depression. The Financial Times reports.

  • India's statisticians face flood of questions on GDP Thursday, 16 Apr 2015 | 7:35 PM ET

    India's statistician faced nonstop questioning about how a new way of measuring GDP created the world's fastest-growing major economy overnight.

  • China's incredible shrinking factory Thursday, 16 Apr 2015 | 7:25 PM ET
    China manufacturing

    No longer. The Chinese factory – an institution that was once so large, it was measured in football fields – is shrinking.

  • Who'll be the US' biggest creditor? Thursday, 16 Apr 2015 | 4:18 AM ET

    Japan has overtaken China to become the leading holder of U.S. Treasurys and looks like it will be America's biggest creditor for some time.

  • IMF: AIIB is a 'positive step' Thursday, 16 Apr 2015 | 11:20 AM ET
    IMF: AIIB is a 'positive step'

    When asked about the influence that China's AIIB (Asian Infrastructure Investment Bank) will have, David Lipton, deputy managing director at the IMF, says that it's a "positive step on their part to contribute to infrastructure investment."

  • Huawei launches P8 smartphone: CEO Thursday, 16 Apr 2015 | 4:35 AM ET
    Huawei launches P8 smartphone: CEO

    Huawei unveiled its flagship P8 smartphone yesterday. CNBC catches up with Richard Yu, CEO of Huawei Consumer Business Group, and asks him about his target audience in Western markets.

  • OECD urges Japan to keep an eye on QE Thursday, 16 Apr 2015 | 12:42 AM ET

    Japan must keep an eye on how its bond-buying program is disrupting the bond market, but it is right to tackle deflation, says OECD economist.

  • How a Chinese travel rule spooked luxury investors Wednesday, 15 Apr 2015 | 6:16 PM ET
    A pedestrian walks past a Tiffany & Co. store on Canton Road in the Tsim Sha Tsui area of Hong Kong.

    Restrictions on mainland Chinese visitors to Hong Kong have caught Wall Street's attention, with growing worries the rules could hit luxury brands.

  • New Zealand govt, central bank clash on housing Thursday, 16 Apr 2015 | 12:59 AM ET

    Increasing supply is the only way to cool New Zealand's red-hot housing market, the deputy prime minister told CNBC, ignoring calls for new taxes.

  • Korea mourns ferry accident victims one year later Thursday, 16 Apr 2015 | 12:33 AM ET
    People pay a tribute at a group memorial altar for the victims of the sunken South Korean ferry Sewol at a remembrance hall in Ansan on April 16, 2015.

    South Korean parents mourning victims of last year's Sewol ferry disaster cried out their names at the spot where the ship went down.

  • Blowout Aussie jobs data temper rate cut expectations Wednesday, 15 Apr 2015 | 9:32 PM ET

    The Australian economy added more jobs than expected in March easing pressure on the central bank to reduce interest rates further.

  • Forget China, this market is Asia's sweet spot Wednesday, 15 Apr 2015 | 7:57 PM ET
    Currency dealers monitor exchange rates in a dealing room at the Korea Exchange Bank in Seoul, South Korea.

    China stocks remain in the spotlight, but some analysts believe another Asian market offers better opportunities: South Korea.

  • Japan's Sharp, banks near $1.7 billion overhaul deal Wednesday, 15 Apr 2015 | 11:18 PM ET

    Sharp and its main banks are to meet on Thursday to agree on a nearly $2 billion rescue and overhaul plan for the loss-making electronics maker.

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