GO
Loading...

Asia Top News and Analysis

More

  • China’s Reform-Minded Stocks Regulator Loses Job Thursday, 14 Mar 2013 | 1:35 AM ET
    Chinese stock investors monitor their share prices at a stock brokerage firm.

    China's top securities regulator, Guo Shuqing, will be moved from his post soon and take over as governor of eastern Shandong province, a shift prompted partly because his market reform drive has upset vested interests.

  • Philippines Is Running Out of Monetary Bullets Thursday, 14 Mar 2013 | 1:08 AM ET

    The Philippine central bank has cleaned out its coffers over the past year, spending billions of pesos to shield its currency and economy from the impact of large inflows of foreign money.

  • McDonald's Gives Away a Million McMuffins in China Wednesday, 13 Mar 2013 | 11:56 PM ET

    McDonald's will give away more than a million breakfast McMuffins across China on Monday, a few days after Chinese state television airs its annual expose on corporate malpractice to mark World Consumer Rights Day.

  • Air Cargo Showing a Marked Pickup: Cathay CEO Wednesday, 13 Mar 2013 | 10:01 PM ET
    Cathay Pacific Airways Chief Executive John Slosar speaks during a news conference in Hong Kong Wednesday, May 9, 2012. Cathay said its first half earnings will be disappointing because of the cloudy global economic outlook and high fuel prices, forcing it to cut costs and reduce flights on some long-haul routes. (AP Photo/Kin Cheung)

    After a lackluster few years for the air cargo industry, the CEO of Cathay Pacific Airways told CNBC he expects a recovery in global demand to rejuvenate the flagging sector.

  • China's First Lady Gets In on Charm Offensive Wednesday, 13 Mar 2013 | 9:47 PM ET

    US presidents have long deployed their wives to broaden their appeal. Now Xi Jinping, China's incoming head of state, is getting in on the act. The Financial Times reports.

  • Chinese Art Spend Shrank by a Quarter in 2012 Wednesday, 13 Mar 2013 | 9:34 PM ET

    Chinese spending on art and antiques shrank by nearly a quarter in 2012, ending a streak of spectacular growth that helped drive up global prices and made China the biggest player in the market by 2011.

  • Australia Employment Soars, Kills Rate Cut Hopes Wednesday, 13 Mar 2013 | 9:10 PM ET

    Australian employment soared by 71,500 in February, far above any forecast and the biggest increase in over a decade, the most compelling sign yet that low rates and rising asset prices are fueling an economic pick-up.

  • 'Abenomics' to Bring On Bigger Employee Bonuses Wednesday, 13 Mar 2013 | 8:27 PM ET
    Toyota

    Japanese exporters will hand out bigger bonuses for the next fiscal year as Prime Minister Shinzo Abe's policies drive the yen to multi-year lows, with Toyota Motors leading the way.

  • Can China Mobile Tap Into Apple Smartphone Demand? Wednesday, 13 Mar 2013 | 8:06 PM ET

    China Mobile hopes to tap pent-up demand for Apple smartphones by rolling out new 4G technology this year and having an iPhone model that will finally run on it.

  • Cardinal Bergoglio of Argentina Is New Pope Wednesday, 13 Mar 2013 | 2:07 PM ET
    Pope Francis I

    Jorge Mario Bergoglio of Argentina was elected in a surprise choice to be the new leader of the troubled Roman Catholic Church, and said he would take the name Francis I.

  • Meet ALMA, $1.5 Billion ‘Time Machine’ in Chile Wednesday, 13 Mar 2013 | 10:10 AM ET
    ALMA telescope located in the Chilean Andes.

    In the high desert of the Chilean Andes, a $1.5 billion international telescope was brought to full power on Wednesday, enabling mankind to peer deeper into space and further back in time than ever before.

  • World's Largest Solar Panel Maker on Brink of Collapse Wednesday, 13 Mar 2013 | 9:26 AM ET

    Suntech Power, a U.S.-listed company that is closing its Arizona plant, is poised to be taken over by the government of its hometown in China, reports The NYT.

  • Consumer Health Suggests Better GDP, Say Analysts Wednesday, 13 Mar 2013 | 9:22 AM ET

    Despite economic headwinds and uncertainty in Washington, US consumers are rocketing ahead, leading analysts to revisit their GDP forecasts for the first quarter.

  • China Central Bank Warns on Inflation, Pledges Reform Wednesday, 13 Mar 2013 | 9:11 AM ET

    China must stabilize inflation expectations, the head of the People's Bank of China said on Wednesday, vowing to vigilantly manage the risks of rising prices.

  • Italy Three-Year Debt Cost at 2013 High After Downgrade Wednesday, 13 Mar 2013 | 7:30 AM ET
    Italy, Rome, city skyline from Vittorio Emanuele Monument

    Italy's three-year borrowing costs rose to their highest since December on Wednesday after Fitch cut its credit rating last week, but the country also managed to sell the top planned amount of a new 15-year bond.

  • Cool Things Your Smartphone Will Soon Do Wednesday, 13 Mar 2013 | 7:22 AM ET
    Cooltra scooter as seen in the GSMA Connected City

    A phone that can make you coffee? Hitch you a ride? Here are 10 of the coolest things your smartphone will soon do.

  • Prudential: We Can Withstand Two Depressions Wednesday, 13 Mar 2013 | 4:23 AM ET
    A pedestrian passes the Prudential Plc company logo, on display outside the company's headquarters in London, U.K., on Wednesday, Aug. 3, 2011.

    The CEO of Britain's largest insurer told CNBC that continued strong profits and credit reserves would enable the company to withstand two severe depressions.

  • Investors Flee South Korea as War Threat Looms Wednesday, 13 Mar 2013 | 3:48 AM ET

    Increasing tensions with North Korea, a strengthening won versus the yen and weak economic growth - things are not looking great for South Korean equities, the second worst performing stock market in Asia this year.

  • Cathay Pacific's Second Half Profit Plunges 83% Wednesday, 13 Mar 2013 | 2:01 AM ET

    Cathay Pacific Airways, the world's largest international air cargo carrier, returned to profit in the second half of 2012 but still underperformed ending the year with a huge drop in full year net profit.

  • Noodle-Making Moves From China to UK on Weak Pound Wednesday, 13 Mar 2013 | 1:58 AM ET
    An employee monitors instant noodles along the production line

    Years of inflation in Chinese wages and freight costs have chased several US manufacturers back home from China. Now a British food producer is delivering arguably the ultimate blow to the one-time factory of the world. The FT reports.

Charting Asia with Daryl Guppy

  • Chinese stocks stormed higher in recent months, but charts indicate they may face a period of consolidation.

  • A one kilogram gold bar sits on top of silver bars.

    Gold fell on concerns that a strong dollar and improving economy could damp demand, and silver charts suggest that bullion may not regain upward momentum soon.

  • The European Central Bank in Frankfurt, Germany

    Charts suggest that the downtrend in the euro/dollar is firm ahead of the European Central Bank's (ECB) policy meeting on Thursday.