Asia-Pacific News


  • 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.

  • Smartwatches: Hot or not? Wednesday, 4 Sep 2013 | 8:17 PM ET
    Galaxy Gear smartwatch

    Samsung unveiled its keenly-anticipated smartwatch on Wednesday, heralding a new era in tech devices. Would you buy it? Vote in our poll and let us know what you think.

  • Australia's closely-fought elections: What's at stake Wednesday, 4 Sep 2013 | 7:17 PM ET
    Australia's Prime Minister Kevin Rudd

    As Australia gears up for its federal elections on Saturday, analysts are mulling how the result will impact the country's investment landscape.

  • Sony's 'watershed' moment with waterproof phone? Wednesday, 4 Sep 2013 | 2:04 PM ET

    Sony has unveiled its latest smartphone, which has a 5-inch display and waterproof exterior, as the Japanese tech giant ramps ups efforts to take on rivals Samsung and Apple.

  • Galaxy Gear is here: Samsung shows off smartwatch Wednesday, 4 Sep 2013 | 12:22 PM ET
    JK Shin, head of Samsung Mobile Communications, presents the Samsung Galaxy Gear in Berlin, Germany, Wednesday, Sept. 4, 2013.

    Forget the mobile wars. The battle of wearable smart devices is finally here. And Samsung and Qualcomm are ahead of the game with the recent launch of their smartwatches.

  • China’s corruption crackdown targets mooncakes Wednesday, 4 Sep 2013 | 5:57 AM ET

    Beijing's ban on officials using public funds to buy mooncakes as Mid-Autumn Festival gifts is set to take a bite out of the country's consumer spending.

  • Rosier forecasts for Singapore: central bank survey Wednesday, 4 Sep 2013 | 1:06 AM ET

    Economists have raised their full-year growth forecasts for Singapore, a survey by the central bank showed, reflecting increased optimism about the outlook for the city-state.

  • Baptism of fire for India’s new central bank chief Tuesday, 3 Sep 2013 | 11:55 PM ET

    Raghuram Rajan takes over as RBI's chief on Thursday and is expected to come under immediate pressure to restore confidence in the country's battered currency.

  • Quake jolts southern Japan, felt in Tokyo Tuesday, 3 Sep 2013 | 11:14 PM ET
    Tokyo, Japan

    An earthquake with a preliminary magnitude of 6.9 jolted southern Japan on Wednesday, with the tremor shaking buildings in the capital, Tokyo.

  • Australia growth edges up slightly in second quarter Tuesday, 3 Sep 2013 | 9:41 PM ET

    Australia's economic growth edged up slightly in the second quarter, with gross domestic product rising 2.6 percent year on year.

  • Radiation at Fukushima tanks at highest level ever Tuesday, 3 Sep 2013 | 9:27 PM ET
    One of Tokyo Electric Power's (TEPCO) nuclear power plants.

    Radiation readings around tanks holding contaminated water at the crippled Fukushima nuclear plant have spiked more than 20 percent to their highest level.

  • Chinese oil billionaire hauled up in graft crackdown Tuesday, 3 Sep 2013 | 9:11 PM ET

    A billionaire Chinese petrochemical entrepreneur became the fifth senior industry figure to become enmeshed in a corruption investigation. The New York Times reports.

  • Malaysian ringgit banknotes

    Emerging markets in Asia appear to have stabilized, but market watchers believe the sell-off is not over, and the rout may be the beginning of a multi-year bear market.

  • An elderly man does a coloring exercise at a day care facility, Japan.

    Sales of adult diapers are set to overtake sales of baby nappies in Japan by next year, a blunt reflection of how rapidly the world's third-largest economy is aging.

  • Pork war: China may not get US bacon after all Tuesday, 3 Sep 2013 | 9:36 AM ET
    Farmland's hickory smoked bacon. Farmland is a brand owned by Smithfield Foods Inc.

    Starboard Value has received "non-binding written indications of interest" for its Smithfield Foods assets, the company said on Tuesday.

  • Bank of America gets out of the China bank business Tuesday, 3 Sep 2013 | 7:01 AM ET
    Bank of America in Times Square, New York.

    Bank of America launched on Tuesday an up to $1.5 billion share offering in China Construction Bank, in a bid to shore up its own balance sheet.

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