Asia-Pacific News


  • Fuzzy numbers? Real China growth only half: Expert Monday, 15 Jul 2013 | 7:43 AM ET
    A shopper counts Chinese yuan banknotes as he shops for fruit and vegetables at a market in Shanghai, China.

    The official economic numbers that China released Monday are dramatically over-estimating growth there, the author of "The Coming Collapse of China" tells CNBC.

  • Watch out: China's growth could fall to 4-5% by 2020 Monday, 15 Jul 2013 | 6:00 AM ET
    A traffic jam in Beijing, China

    China's economy will continue to slow, a number of high profile analysts said on Monday, forecasting that growth could fall to as low as 4-to-5 percent by the end of the decade.

  • Does Nissan risk losing business in 'Datsun' move? Monday, 15 Jul 2013 | 4:32 AM ET

    Nissan's move to drop its brand name in the cheaper car segment is garnering mixed reaction from analysts who say the carmaker could lose buyers with the unfamiliar 'Datsun' label.

  • China's economy slows for second straight quarter Monday, 15 Jul 2013 | 3:09 AM ET

    China's economic growth in the second quarter of the year may not have slowed as much as some had feared, but a large degree of uncertainty about the outlook for the world's second biggest economy remains, strategists say.

  • China, Bernanke in focus for Asia markets Monday, 15 Jul 2013 | 1:37 AM ET

    For Asian markets this week, the direction of the Chinese economy and the Federal Reserve's monetary policy are likely to remain the key focal points.

  • Why aren't markets rallying over China's GDP? Monday, 15 Jul 2013 | 1:28 AM ET

    China's highly anticipated second quarter gross domestic product (GDP) data allayed some fears over a sharp growth deceleration, yet cheer was limited in Asian markets on Monday.

  • Mystery illness stalks the young in India Monday, 15 Jul 2013 | 12:39 AM ET

    Doctors in India work to calm the convulsions and keep the children hydrated, but then have to watch helplessly as their young patients die. The New York Times reports.

  • China police say Glaxo broke law, execs detained Sunday, 14 Jul 2013 | 10:54 PM ET

    British drugmaker GlaxoSmithKline used travel agencies and consultancies to bribe officials and doctors and illegally boosted the sales prices of its drugs sold in China.

  • Will a job market scare push Beijing to act? Sunday, 14 Jul 2013 | 10:47 PM ET

    A slowdown in China's job market is a major risk factor for policymakers, and economists say this could lead them to boost growth if there are further signs of deterioration.

  • Thrift trumps as Japan shoppers stick to bargains Sunday, 14 Jul 2013 | 9:45 PM ET

    "Abenomics" hinges on a pick-up in consumer spending, but eight months after its launch, it has yet to convince many Japanese to part with their thrifty ways.

  • Foreign firms in China feel sting amid slowdown Sunday, 14 Jul 2013 | 9:41 PM ET
    Shopping district in Beijing, China

    China's vast market for foreign goods and services, once seen by global companies as a modern-day El Dorado, is becoming a weight around their necks as its growth slows.

  • How alarming is Singapore's soaring household debt? Sunday, 14 Jul 2013 | 9:16 PM ET

    Singapore has seen soaring household debt levels in recent years as low interest rates have led to a borrowing spree, prompting the government to step in to curb demand.

  • Pros: Emerging markets look cheap, but still risky Sunday, 14 Jul 2013 | 7:00 AM ET
    An investor watches the electronic board at a stock exchange hall in Hefei, China.

    Don't be tempted by cheap emerging market valuations just yet, say strategists: The short term is still fraught with danger.

  • Nissan goes on a cheap-car push in India Sunday, 14 Jul 2013 | 2:17 AM ET

    Nissan Motor takes the veil off the first car in its resurrected Datsun brand in New Delhi on Monday, part of a foray by the Japanese auto maker into cheap cars for emerging markets.

  • China to keep credit growth steady: Central bank Sunday, 14 Jul 2013 | 1:31 AM ET

    China's central bank pledged on Sunday to use a mix of policy tools to adjust banking liquidity to ensure steady credit growth,to soothe market fears about tighter monetary conditions.

  • Third Chinese schoolgirl dies in Asiana air crash Saturday, 13 Jul 2013 | 6:25 AM ET
    Oxygen masks hang from the ceiling in the cabin interior of Asiana Airlines Flight 214.

    A Chinese girl died in a San Francisco hospital on Friday, becoming the third fatality in the crash of an Asiana Airlines jet at the city's airport last Saturday, doctors and Chinese officials said.

  • China ends $6 billion uranium project after protest Saturday, 13 Jul 2013 | 2:20 AM ET

    China has cancelled plans to build a uranium processing plant in a southern Chinese city a day after hundreds of protesters took to the streets demanding the project be scrapped.

  • Tsinghua Holdings to buy chipmaker Spreadtrum Friday, 12 Jul 2013 | 8:58 AM ET
    An engineer at Spreadtrum Communications Inc., tests a mobile phone in an Antenna Mesurement System (anechoic chamber) at the company's facility in Shanghai, China.

    Chinese cellphone chip designer Spreadtrum Communications will be acquired by a unit of government-owned Tsinghua Holdings for a raised offer price of about $1.78 billion.

  • An Asian Economy's Huge Move to Lure Capital Back Friday, 12 Jul 2013 | 1:28 AM ET

    Indonesia surprised with a rate hike twice the size of what the market expected, which the central bank says will bring capital back to the country and support its flagging currency.

  • Is it time for China to push its currency lower? Friday, 12 Jul 2013 | 12:41 AM ET
    Figurines of manual workers pushing Chinese coins on push carts.

    China's slowing economy has led to talk of whether the central bank should encourage the yuan to weaken, helping struggling exports. Analysts say such a move would be the wrong medicine.

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