Asia-Pacific News


  • Seoul Warns of North Korean Rocket Launch Plan Tuesday, 27 Nov 2012 | 6:22 PM ET

    Seoul believes North Korea is preparing to launch a ballistic missile, posing a possible new threat to stability on the peninsula ahead of South Korea’s presidential election in December. The FT reports.

  • Gold Will Soon Break to the Upside: Pro     Tuesday, 27 Nov 2012 | 5:40 PM ET

    Juerg Kiener, MD & CIO, Swiss Asia Capital, says that huge derivatives positions are currently capping gold prices but explains why the bullion will soon break to the upside.

  • US Withholds Blame for China's 'Undervalued' Yuan Tuesday, 27 Nov 2012 | 4:51 PM ET

    The U.S. Treasury on Tuesday said China's currency remained undervalued, but stopped short of labeling the world's second-biggest economy a currency manipulator.

  • Joe Tanious, JPMorgan Funds, explains why he is "not yet quite comfortable" investing in Europe, despite seeing a value opportunity there. He also says he believes that in the end, rationality will prevail.

  • Global Markets Update     Tuesday, 27 Nov 2012 | 6:10 AM ET

    CNBC's Kelly Evans reports on all the market moving events from Europe, including

  • Chinese Auction Houses Go Global Tuesday, 27 Nov 2012 | 1:33 AM ET

    The international art auction world has long been dominated by Sotheby’s and Christie’s which have more than 500 years of history between them. But recent Hong Kong auctions have heralded the emergence of two new rivals – from China. The FT reports.

  • Australian Mining Heiress Hero Worships Her Father Tuesday, 27 Nov 2012 | 1:16 AM ET

    Australian mining magnate Gina Rinehart, one of the world's wealthiest people, has displayed a trait rarely revealed publicly among the super-rich: insecurity.

  • Tsunami Watch: Japan's Floating Junkyard Approaches Tuesday, 27 Nov 2012 | 1:15 AM ET

    Japan's environment ministry expects about 33,000 tons of tsunami debris to reach the western coast of North America by next June. The GlobalPost reports.

  • Debt Reduction Alone Will Not Help Greece: Dallara Monday, 26 Nov 2012 | 9:43 PM ET

    A cloud of uncertainty has been lifted as Greece’s lenders agree on new debt targets, paving the way for the country to receive another tranche of aid, but one expert says Greece needs growth.

  • China's Ping An Eyes Legal Action After NYT Monday, 26 Nov 2012 | 8:18 PM ET
    Peter Ma

    China's second-biggest insurance company has threatened to take legal action against the New York Times for reports that Premier Wen Jiabao's relatives had accumulated massive wealth, largely through holdings in the firm.

  • Samsung Reveals Chinese Labor Breaches Monday, 26 Nov 2012 | 7:58 PM ET

    Samsung Electronics has admitted breaches of labor regulations at its plants in China, as well as at those of outside suppliers. The FT reports.

  • Air New Zealand Unveils Giant Flying Hobbit Monday, 26 Nov 2012 | 7:10 PM ET

    Call it something of a Hobbit fixation, but Air New Zealand has turned its newest aircraft into a flying billboard for the movie "The Hobbit: An Unexpected Journey." The GlobalPost reports.

  • Thousands of angry textile workers demonstrated in the outskirts of Dhaka on Monday after a fire swept through a garment workshop at the weekend, killing more than 100 people in Bangladesh's worst-ever factory blaze.

  • Toyota Is Back, but Can It Stay on Top? Monday, 26 Nov 2012 | 11:56 AM ET
    Toyota Venza

    Competition will make it tough for Toyota to surge past Ford into 2nd place. If the economy perks up, so will truck sales and Ford should further strengthen its 15.5% market share.

  • Japan has a miserable future ahead of it without radical changes to the business climate, the former chief executive of camera and medical equipment maker Olympus has told CNBC.

  • Global Markets Update     Monday, 26 Nov 2012 | 6:10 AM ET

    CNBC's Ross Westgate reports on all the market moving events from Europe, including

  • Global financial markets don't pay much attention to the conflict in the Democratic Republic of Congo. They should. The central African country produces about half of the world’s tin, tungsten and cobalt output and about three percent of the world's copper and gold, according to the U.S. Geological Survey.

  • Trouble Stirs in Thailand: Here’s Why Not to Fret Monday, 26 Nov 2012 | 12:26 AM ET

    Anti-government protests in Thailand over the weekend were a reminder of violent demonstrations in the recent past that have plunged the Southeast Asian state into instability. While the latest outrage was a cause of concern for investors, the risks appear to be contained, as of now, experts told CNBC.

  • Brixit: The European Buzzword for 2013 Sunday, 25 Nov 2012 | 8:56 PM ET

    Breaking up is hard to do. However, tough economic times appear to be encouraging people to try. Catalans are trying to break up with Spain. Scots want to ditch England. And the British are trying to leave the EU. The Globalpost reports.

  • China Versus US: Who’s Better for Africa? Sunday, 25 Nov 2012 | 8:35 PM ET

    Here’s why the answer might be neither. The Globalpost reports.

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