Asia-Pacific News


  • US anti-virus software pioneer John McAfee eats in a restaurant in Guatemala City.

    Guatemala will seek to expel John McAfee from the country after the anti-virus software guru, on the run from a murder probe in Belize, entered illegally.

  • The 'Fiscal Cliff' a 'Bungee Jump' for Markets: Expert Wednesday, 5 Dec 2012 | 9:56 PM ET

    As the prospect of the U.S. economy falling off a "fiscal cliff" looms large, keeping stock markets on edge, one technical analyst says falling off the "cliff" is likely to end up being a non-event for equities.

  • Audisoft: Asia Is Our Primary Focus     Wednesday, 5 Dec 2012 | 8:50 PM ET

    Christophe Pochart, CEO, Audisoft discusses the firm's expansion plans in Asia.

  • Here's How India's FDI Push Will Help Farmers     Wednesday, 5 Dec 2012 | 8:40 PM ET

    Viral Bhuta, Fixed Income Portfolio Manager, UTI International says that opening up India's supermarket sector to foreign players will cut wastage and boost bottom lines for farmers.

  • Importance of Asia in US Foreign Policy     Wednesday, 5 Dec 2012 | 7:45 PM ET

    Michele Flournoy, Former U.S. Under Secretary of Defense for Policy says the greatest opportunity for the U.S. lies in the Asia Pacific region.

  • Focus on Asia, Ignore the Noise     Wednesday, 5 Dec 2012 | 7:10 PM ET

    Catherine Yeung, Investment Director, Fidelity Worldwide advises investors to ignore the negative sentiment in the markets and focus on Asian equities given their strong long term fundamentals for Asia are still strong and high dividends.

  • Indian Government Votes to Welcome Foreign Retailers Wednesday, 5 Dec 2012 | 8:58 AM ET

    Foreign retail companies could soon be free to move onto Indian soil after parliament voted to allow foreign direct investment in a fiercely contested debate on Wednesday evening.

  • Global Markets: European Shares Move Upward     Wednesday, 5 Dec 2012 | 6:15 AM ET

    CNBC's Ross Westgate reports on all the market moving events from Europe, as shares traded higher ahead of key budget statements from the United Kingdom and Ireland.

  • Investors watch the electronic board at a stock exchange hall in Huaibei, China.

    Chinese stocks, which have had a forgettable year so far, climbed 3 percent on Wednesday, after the country's new leadership promised further reforms. But is the rally that has fizzled out many times in the past here to stay?

  • India is slated to become the world's second-most competitive destination for manufacturing operations, after China.

  • China Economy May Grow 8.2% in 2013: Think-Tank Tuesday, 4 Dec 2012 | 10:52 PM ET

    China's economic growth may quicken to 8.2 percent in 2013 from an expected 7.7 percent this year in response to official growth-promoting polices, but downside risk remains from global uncertainties, a top Chinese think-tank said on Wednesday.

  • Zhengzhou Coal Tumbles in HK Debut, Bodes Ill for PICC Tuesday, 4 Dec 2012 | 10:25 PM ET

    Zhengzhou Coal Mining shares tumble in its Hong Kong debut, negatively affecting the underwriters of the $300 million offering, underscoring reduced appetite for new IPOs.

  • China's Services Sector Growth Slows in November Tuesday, 4 Dec 2012 | 9:09 PM ET

    Growth in China's services sector slowed in November as lackluster growth in new orders and a surge of work backlogs.

  • Is Asia Underperforming?     Tuesday, 4 Dec 2012 | 8:15 PM ET

    Robert Musetti, Global Head of Institutional Sales, Cash Equity, Derivatives and Financing, Asia Pacific, BNP Paribas says that Asia is an underperformer relative to Europe and the United States. He explains why.

  • Heineken Expands Its Asian Footprint     Tuesday, 4 Dec 2012 | 7:50 PM ET

    After winning a hard-fought battle for Asia Pacific Breweries, Heineken is set to further increase its investments in Asia. CEO Jean Francois van Boxmeer talks about which markets the Dutch brewer sees the strongest growth in.

  • Trouble Ahead for Australia's Economy Tuesday, 4 Dec 2012 | 7:48 PM ET

    Australia's resource-blessed economy grew a moderate 0.5 percent last quarter thanks to a fresh burst of business investment, but lower export revenues, government cutbacks and a cresting mining boom mean tougher times may lie ahead.

  • CNBC's Ross Westgate reports on all the market moving events from Europe, including gains for defensive stocks such as utilities.

  • Qualcomm will invest as much as $120 million in Sharp, a cash injection likely to make it the struggling Japanese TV maker's biggest shareholder.

  • What Will the Aussie Central Bank Do Next? Tuesday, 4 Dec 2012 | 1:37 AM ET

    In line with expectations, the Reserve Bank of Australia (RBA) delivered a 25 basis point rate cut on Tuesday, taking the benchmark interest rate to 3 percent - its lowest level since 2009. However, analysts remain divided on whether the central bank will push rates even lower next year.

  • Is Asia’s Hot Spot for Investment Under Threat? Tuesday, 4 Dec 2012 | 1:21 AM ET

    Southeast Asia's largest economy is going to implement double-digit wage hikes next year which raises the question – Is the country's position as a hot spot for foreign investment under threat.

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