Asia-Pacific News


  • Goldman cuts earnings forecasts for South Asia Friday, 6 Sep 2013 | 8:19 AM ET

    Despite the selloff, South Asia's markets have further to fall, Goldman Sachs said, cutting its targets for the region.

  • Here’s what may trigger more BOJ stimulus Friday, 6 Sep 2013 | 3:41 AM ET

    Talk that the BOJ could ramp up its aggressive monetary easing program should the government press ahead with a controversial rise in the country's sales tax is gaining ground.

  • The one event that counts for Japan this weekend Friday, 6 Sep 2013 | 2:56 AM ET

    While the world will be focused on the G20 Summit this weekend, there is one event that will top all others for Japan: the vote on who will host the 2020 Olympics.

  • Olympic Decision: Battle to host games heats up Saturday, 7 Sep 2013 | 5:54 AM ET
    Madrid, Spain

    Madrid, Istanbul and Tokyo parade before the Games' organizing body in a "least ugly" contest as they attempt to conceal their blemishes and win the right to host the 2020 Olympics.

  • Yuan now one of world's most tradable currencies Friday, 6 Sep 2013 | 1:06 AM ET

    For the first time ever, the Chinese yuan is one of the world's ten most frequently traded currencies, according to a Bank of International Settlements (BIS) survey.

  • Another weekend, another set of solid China data? Friday, 6 Sep 2013 | 12:50 AM ET

    Improvements in China's economy likely led to double-digit import growth and a steady pickup in exports in August, data due out Sunday is expected to show.

  • The Australian central bank's attempts to talk down its currency have backfired as markets have pushed up both borrowing costs and the dollar on a view its easing cycle may be over.

  • McDonald's reptile ruckus verdict: It's chicken Thursday, 5 Sep 2013 | 11:53 PM ET
    Photo posted on McDonald's Singapore Facebook page

    McDonald's Singapore hasn't served up any leaping lizards, with lab tests ending the reptile ruckus that erupted after a customer claimed her Sausage McMuffin contained a baby lizard.

  • Foreign investors ignore panic gripping India Thursday, 5 Sep 2013 | 11:31 PM ET

    Analysts are announcing ever-more-dire pronouncements on the country's prospects. And yet some foreign investors are not only ignoring the warnings, they are buying more shares.

  • US recovery will aid emerging markets: StanChart CFO Thursday, 5 Sep 2013 | 8:34 PM ET
    Richard Meddings, Standard Chartered Plc CFO

    A U.S. economic recovery would benefit – not hurt – emerging markets, the chief financial officer (CFO) of Standard Chartered Bank told CNBC.

  • Aussie teen does it again—leaks new iPhone Thursday, 5 Sep 2013 | 8:29 PM ET

    Aussie teen who has built an online following by leaking pictures of upcoming Apple products has done it again, showing off the latest iPhone ahead of its expected launch next week.

  • India and Indonesia: who has it worse? Thursday, 5 Sep 2013 | 7:05 PM ET

    The whipping boys of emerging markets – Indonesia and India – have their fair share of problems, but analysts say Southeast Asia's biggest economy could be in a more precarious position.

  • Egypt mogul open to Google deal in North Korea Thursday, 5 Sep 2013 | 8:44 AM ET

    Egyptian billionaire Naguib Sawiris, told CNBC that Koryolink, his joint venture with North Korea, is open to a deal with Google to provide mobile and broadband to the world's most isolated country.

  • Toymaker Lego looks to build on success in China Thursday, 5 Sep 2013 | 5:40 AM ET

    Danish toymaker Lego is looking to build on its popularity – and massive sales growth - by expanding production in China, the chief financial officer of the toy brickmaker told CNBC on Thursday.

  • Asia stocks go one way, China sure to go the other Thursday, 5 Sep 2013 | 2:43 AM ET
    An investor watches the electronic board at a stock exchange hall in Shanghai, China.

    Once again China's stock market is moving in the opposite direction to its Asian peers.

  • Samsung takes shaky first step into wearable future Thursday, 5 Sep 2013 | 2:35 AM ET

    Samsung released its much anticipated new smartwatch to a dubious response from analysts and technology experts.

  • India's new central bank chief dives deep to save rupee Thursday, 5 Sep 2013 | 12:33 AM ET
    Newly appointed governor of the RBI, Raghuram Rajan (L) addresses a news conference in Mumbai on September 4, 2013.

    A day after the Reserve Bank of India's new governor used his first day in the job to unveil measures to save the battered rupee, markets are giving him the thumbs up by pushing the rupee and stocks sharply higher.

  • Sony CEO: This unit is 'certainly not for sale' Thursday, 5 Sep 2013 | 12:19 AM ET

    Sony CEO Kazuo Hirai remains committed to the firm's flagging TV business despite recent calls for it to be streamlined, he told CNBC at the IFA electronics show in Berlin Wednesday.

  • A Samsung Electronics Co. Galaxy Gear watch and Galaxy Note 3.

    Samsung's Galaxy Gear is unlikely to be a game changer for the consumer technology giant, even after the company beat rival Apple with the launch of its smartwatch on Wednesday.

  • Bank of Japan stays pat, says economy recovering Wednesday, 4 Sep 2013 | 8:34 PM ET
    Bank Of Japan Governor Haruhiko Kuroda

    The Bank of Japan kept monetary policy steady on Thursday and revised up its assessment of the economy, encouraged by growing signs the benefits of its stimulus policy are broadening.

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