Asia-Pacific News


  • Welcome to Macca's as McDonald's Goes Aussie Monday, 7 Jan 2013 | 11:56 PM ET

    Looking for a McDonald's in Australia this month? You may bump into a "Macca's" instead. The international fast food giant will temporarily change signs to "Macca's," the affectionate Australian nickname for the chain, in celebration of Australia Day.

  • Yen Could Weaken to 100 Against Dollar This Year Monday, 7 Jan 2013 | 11:42 PM ET

    Japan's new government has vowed to revive the economy and expectations for aggressive monetary easing are running high. This sets the scene for the yen, which has fallen sharply and quickly in recent weeks, to weaken to the 100-mark versus the dollar, possibly this year, some analysts say.

  • Curtain Rising on Theater Investment Monday, 7 Jan 2013 | 9:08 PM ET

    A government-backed investment fund is one of several waiting in the wings for a chance to support – and profit from – China's fast-growing performing arts and film companies. Caixin Online reports.

  • Avoid These Asian Tech Markets: Pro     Monday, 7 Jan 2013 | 7:50 PM ET

    Ajay Kapur, Head of Equity Strategy, Asia, Deutsche Bank explains why he dislikes tech sectors in Korea and Taiwan. He says since they manufacture in China, they do not have much margin power.

  • Still Bullish on China: Pro     Monday, 7 Jan 2013 | 7:40 PM ET

    Ajay Kapur, Head of Equity Strategy, Asia, Deutsche Bank says expects the MSCI China to have an upside of 15% and 10% EPS growth.

  • Where Retail Investors Are Heading     Monday, 7 Jan 2013 | 7:15 PM ET

    Ajay Kapur, Head of Equity Strategy, Asia, Deutsche Bank sees the beginning of a trend of retail investors coming back into equities, especially Asian markets.

  • Samsung Electronics said it likely earned a quarterly profit of $8.3 billion, as it sold close to 500 handsets every minute.

  • A Return to Equities in 2013: Deutsche Bank     Monday, 7 Jan 2013 | 7:10 PM ET

    Ajay Kapur, Head of Equity Strategy, Asia, Deutsche Bank thinks 2013 will be a good year for equities. He expects 10-15% upside for Asian markets and 10% growth in EPS.

  • Yum Brands Warns China Sales Worse Than Expected Monday, 7 Jan 2013 | 6:23 PM ET

    KFC parent Yum Brands on Monday warned that sales in its key China division shrank more than expected in the fourth quarter, and it reiterated an earnings forecast that was below what Wall Street expected.

  • Don't Overlook This Tail Risk in 2013     Monday, 7 Jan 2013 | 6:10 PM ET

    Richard Jerram, Chief Economist, Bank of Singapore says that even though the threat of an oil supply disruption has been looming for a while, it still remains a key risk this year.

  • Top 2013 Political Risks     Monday, 7 Jan 2013 | 5:30 PM ET

    David Gordon, Head of Research, Eurasia Group discuss the top political and market risks for the year.

  • How to Build a Storm-Proof Portfolio     Monday, 7 Jan 2013 | 5:20 PM ET

    Matt Rubin, CIO, Neuberger Berman Trust advises investors to look at individual companies with attractive valuations and emerging market exposure to weather any economic "storms".

  • Global Markets: Shares Edge Lower     Monday, 7 Jan 2013 | 6:13 AM ET

    CNBC's Ross Westgate reports on all the market moving events from Europe, as bank stocks pushed higher after regulators eased key elements in the Basel III reform package.

  • Dollar Retreats From 2-1/2 Year High vs. Yen Monday, 7 Jan 2013 | 5:15 AM ET

    The dollar fell against the yen on Monday on profit-taking after its swift rise to a 2-1/2 year high last week -- a rally driven by expectations of aggressive monetary easing by the Bank of Japan.

  • Tokyo, Japan

    Japan's new government will set up schemes worth nearly $5 billion to boost businesses, including helping them buy foreign companies, according to a draft economic stimulus package seen by Reuters on Monday that could be approved later this week.

  • Year-End Wii U Sales Steady, Says Nintendo Chief Monday, 7 Jan 2013 | 2:47 AM ET
    Nintendo's Wii U GamePad.

    Nintendo year-end sales of its Wii U games console were steady, though not as strong as when its Wii predecessor was first launched, the Japanese game maker's top executive told Reuters on Monday.

  • As Currency Sinks, Egypt Eyes IMF Deal Monday, 7 Jan 2013 | 2:37 AM ET

    Egypt's crisis-stricken economy may get a fresh infusion of confidence with a senior International Monetary Fund (IMF) official due in Cairo on Monday to resume discussions about a much-needed $4.8 billion loan.

  • Why It's Time to Buy Chinese Bank Stocks Monday, 7 Jan 2013 | 1:40 AM ET
    China Construction Bank branch in Beijing, China

    A turnaround in China's bank earnings seen in the second half of last year is likely to continue into 2013 as the economy improves further, prompting analysts to turn bullish on the sector.

  • Goldman on China Stocks: We'll Be Right This Time Monday, 7 Jan 2013 | 12:28 AM ET

    Goldman Sachs may have been significantly off the mark on its call for a bumper rally in Chinese equities in 2012, but this year, the U.S. investment bank is confident that its upbeat outlook for the market will materialize.

  • Shinzo Abe

    2013 could prove to be the year that Japan steps up its military role in Asia. A simmering territorial spat with China and Japan's assertive new Prime Minister Shinzo Abe will see to that, analysts tell CNBC.

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