Asia-Pacific News


  • Asia’s Pension Plans Face a Big Black Hole Wednesday, 28 Nov 2012 | 8:45 PM ET

    There is a yawning gap between what’s currently in state pension coffers in Asia and what’s needed to cover the elderly in retirement.

  • Home Sales Up by 30%, Says Consultancy Wednesday, 28 Nov 2012 | 8:12 PM ET

    New home sales across major cities in China jumped by 30 percent in November, according Centaline Group Research Center, a Shanghai-based real estate consultancy. Caixin reports.

  • The Chinese Communist Party mouthpiece treated The Onion's spoof of Kim Jong-un as the"Sexiest Man Alive" for 2012 as a straight-laced story, heralding The Onion's "honor" of the stout North Korean dictator. The Christian Science Monitor reports.

  • Chinese Smartphones Upset the Apple Cart Wednesday, 28 Nov 2012 | 6:56 PM ET
    Apple store, Bejing

    Chinese consumers are opting for local brands over international counterparts.

  • Capital Flows And Its Impact on Asia     Wednesday, 28 Nov 2012 | 6:15 PM ET

    Frederic Neumann, MD & Co-Head of Asian Economics Research at HSBC says Asia has lagged behind Latin America in easing capital controls. Meantime, Graeme Maxton, Fellow, Club of Rome explains why he is bullish on Indonesia, the Philippines and Thailand.

  • More Money, More Regulation: HSBC     Wednesday, 28 Nov 2012 | 5:05 PM ET

    Frederic Neumann, MD & Co-Head of Asian Economics Research, HSBC says that as more capital flows enter the Asian region , markets are at risk of more policy regulation.

  • Busch: This Global Game of Chicken Hurts Markets Wednesday, 28 Nov 2012 | 11:16 AM ET

    Financial markets react negatively to three dangerous games of chicken being played out around the globe.

  • European Shares Lower on US 'Fiscal Cliff' Fears     Wednesday, 28 Nov 2012 | 6:06 AM ET

    CNBC's Kelly Evans reports on all the market moving events from Europe, including growing concern U.S. lawmakers are failing to make headway in budget talks.

  • Slumping Chinese Stocks? Don’t Expect Beijing to Help Wednesday, 28 Nov 2012 | 3:37 AM ET
    Investors watch the electronic board at a stock exchange hall in Huaibei, China.

    China’s Shanghai Composite Index has shed more than 60 percent since its 2007 peak, and analysts expect little help from Beijing.

  • China is certain to hit the government's economic growth target of 7.5 percent for 2012 and could even exceed it, Commerce Minister Chen Deming said on Wednesday.

  • China Rethinks One-Child Policy as It Ages Rapidly Wednesday, 28 Nov 2012 | 1:48 AM ET

    China is mulling changes to its one-child policy with government advisory bodies drafting proposals in the face of a rapidly aging society.

  • Is There Truth in Muddy Waters’ Report on Olam? Tuesday, 27 Nov 2012 | 11:34 PM ET

    The ongoing tussle between Muddy Waters and Singapore commodities firm Olam International further heated up after the short-seller published a much-awaited 133-page report on Tuesday detailing “shocking” accounting gaffes at the trading firm, prompting Olam to respond with a 45-page rebuttal on Wednesday.

  • Asean Chief Warns on South China Sea Disputes Tuesday, 27 Nov 2012 | 10:28 PM ET

    Southeast Asia’s top diplomat has warned that the South China Sea disputes risk becoming “Asia’s Palestine”, deteriorating into a violent conflict that draws sharp dividing lines between nations and destabilises the whole region. The FT reports.

  • A New Party Emerges in World's Biggest Democracy Tuesday, 27 Nov 2012 | 9:53 PM ET

    The world's largest democracy gave birth to a new political party today, this one focused on fighting corruption. The Christian Science Monitor reports.

  • The Korea Times thinks the North Korean leader really IS the sexiest man alive. The GlobalPost reports.

  • Calls for government officials to disclose personal and family assets are growing louder, as a large number of corruption cases are uncovered every year. Caixin reports.

  • Asian Cyclical Economies to Lead Growth: Citi     Tuesday, 27 Nov 2012 | 7:20 PM ET

    Johanna Chua, Chief Economist, Asia Pacific, Citi says Asia's growth will pick up to 6.6% next year from 6.%, with cyclical economies like Taiwan and South Korea leading the charge.

  • Arjuna Mahendran, MD & Head of Investment Strategy Asia, HSBC Private Bank says regardless of the outcome of the fiscal cliff negotiations, growth in spending by American consumers is going to slow for the next 3 to 4 years, and that has significant implications for Asia.

  • China's Passport Propaganda Baffles Experts Tuesday, 27 Nov 2012 | 6:49 PM ET

    China’s neighbors are seething with anger over new Beijing-issued passports that they see as the latest, underhand, Chinese jab in an ongoing regional row about maritime territory. The Christian Science Monitor reports.

  • Short-seller Muddy Waters published a long-awaited report on Olam International with detailed attacks on acquisitions and accounting at the Singapore commodities firm it has said may fail, but Olam dismissed the latest salvo as lacking substance.

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