Asia-Pacific News


  • Why investors are still shorting China financials Sunday, 21 Jul 2013 | 9:16 PM ET

    Seventy percent of analysts covering Chinese financial stocks rate them a buy, yet financials are the worst performing this year in the group, data shows.

  • Access to capital remains a challenge for small and medium sized enterprises. CNBC's Chloe Cho reports on how two very different SMEs, used connections and creativity to clear their financing hurdles.

  • Alibaba.com's headquarters in Hangzhou, China

    A Hong Kong journalist has quit in a controversy over disputed remarks that Jack Ma, founder of Alibaba Group, is reported to have made in support of Beijing's violent crackdown on Tiananmen Square protesters in 1989.

  • GlaxoSmithKline expected to talk about China probe Sunday, 21 Jul 2013 | 4:17 PM ET
    GlaxoSmithKline Shanghai headquarters

    GlaxoSmithKline CEO Andrew Witty will detail this week what action the drugmaker is taking in response to allegations of bribery against it in China, sources said.

  • Japan PM's coalition wins election convincingly Sunday, 21 Jul 2013 | 10:16 AM ET

    Japanese Prime Minister Shinzo Abe's ruling bloc won a decisive victory in an upper house election on Sunday, cementing his grip on power.

  • Man hurt after setting off explosion at Beijing airport Saturday, 20 Jul 2013 | 1:12 PM ET
    Beijing Airport

    A man in a wheelchair detonated a home-made explosive in Beijing airport on Saturday evening, injuring himself.

  • Samsung could be close to signing FBI mobile deal Saturday, 20 Jul 2013 | 4:16 AM ET
    A Samsung employee displays the Samsung Galaxy S IV for a photo March 14, 2013 in New York City.

    Samsung is close to signing a deal to sell its Galaxy devices to the FBI, according to sources familiar with the situation.

  • China liberalizes bank lending rates in reform push Friday, 19 Jul 2013 | 10:20 AM ET
    A shopper counts Chinese yuan banknotes as he shops for fruit and vegetables at a market in Shanghai, China.

    China's central bank said that relaxing controls on bank deposit rates is a risky process that needs mature market conditions, so it will be carried out gradually.

  • India is doing all it can to boost foreign investment to try and revive flagging growth but analysts say the measures introduced are actually having the reverse effect.

  • Just before election, Nikkei goes on wild ride Friday, 19 Jul 2013 | 1:45 AM ET

    The Nikkei went on wild ride on Friday, falling sharply from a two-month peak as volatility returned to Japan's benchmark stock index just before the election on Sunday.

  • Will it be third time's a charm for dollar-yen? Thursday, 18 Jul 2013 | 11:51 PM ET

    The dollar-yen has surged past 100 for the third time this year and analysts say this could be a sign that prolonged yen weakness is here to stay.

  • Taiwan in frontline of global cyberspace battle Thursday, 18 Jul 2013 | 11:12 PM ET
    Taipei, Taiwan

    Taiwan is the frontline in an emerging global battle for cyberspace, becoming a rehearsal area for the Chinese cyberattacks that have strained ties with the United States.

  • If you think NSA is bad, look at South Korea Thursday, 18 Jul 2013 | 10:13 PM ET
    Protesters shout slogans condemning South Korean National Intelligence Service involvement in the country's last presidential elections, during a demonstration outside the Seoul city hall.

    Meet South Korea’s spy service, which stands accused of using subterfuge to get a president elected. The GlobalPost reports.

  • India probes school meal scheme after 23 deaths Thursday, 18 Jul 2013 | 8:33 PM ET

    The Indian government will set up an inquiry into the quality of food in a free meal scheme after at least 23 children died in one of the deadliest outbreaks of mass poisoning.

  • China widens probe into foreign drugmakers     Thursday, 18 Jul 2013 | 8:18 PM ET

    Chinese authorities are widening their net into allegations of bribery by drugmakers when officials visited Belgian pharmaceutical giant UCB on Thursday

  • Ex-CIA Head: Huawei spied for China Thursday, 18 Jul 2013 | 8:02 PM ET
    A receptionist sits behind the counter at the Huawei office in Wuhan, central China's Hubei province.

    Western intelligence agencies believe that Huawei has spied on behalf of Beijing, an incendiary claim made by one of the U.S.'s most experienced espionage officers.

  • What Sunday’s Japan election means for Abenomics Thursday, 18 Jul 2013 | 7:43 PM ET
    Japanese Prime Minister Shinzo Abe

    If Shinzo Abe's ruling coalition wins Sunday's elections, Japan's prime minister will have a clear mandate to push ahead with his radical economic agenda.

  • Keppel: Costs of doing business in Singapore     Thursday, 18 Jul 2013 | 6:42 PM ET

    The CEO of one of the world's top offshore rig-makers, Singapore's Keppel Corp, will be stepping down at the end of this year. In one of his final interviews as CEO, Choo Chiau Beng describes the challenges for the rest of the year.

  • The possibility of Chinese deflation could pose a greater risk to global markets than Fed tapering, according to Societe Generale's Albert Edwards.

  • Nokia misses estimates; sales to China halve Thursday, 18 Jul 2013 | 8:32 AM ET

    Finnish mobile maker Nokia shipped fewer phones than forecast in the second quarter, despite a 32 percent rise in sales of its flagship Lumia smartphone.

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