Asia-Pacific News


  • Asia's fourth-largest economy is far less vulnerable to shocks triggered during the Asian financial crisis in 1997.

  • How South Korea Became a Consumer Product Juggernaut Monday, 16 Jul 2012 | 2:39 PM ET
    Samsung Electronics flag and South Korean flag (R) flutter outside its headquarters in Seoul.

    The economy is dominated by companies that are now household names such as Samsung Electronics, LG Electronics, Hyundai Motors, and Kia Motors.

  • South Korea's economy and its stock market are dominated by dozens of financially complex, family-run, multinational conglomerates that have been central to the nation's rise on the global stage.

  • Investing in an 'Asian Tiger'? Expect Volatility Monday, 16 Jul 2012 | 2:38 PM ET

    South Korea's resilient economy has earned it a rank among the so-called Asian tigers. But, its export-driven industries are volatile, even as it's grown to global prominence.

  • Are Mileage Lawsuits Picking Up Speed? Monday, 16 Jul 2012 | 2:35 PM ET

    Recent cases may be just the start of a new period where consumers take automakers to court over mileage claims.

  • China Market Sentiment Near ‘Freezing Point’ Monday, 16 Jul 2012 | 10:16 AM ET

    Market sentiment has reached what's described in Chinese media as "freezing point" on a combination of concerns about neverending initial public offerings, an upcoming over-the-counter market, and disappointing corporate scorecards.

  • The World's Best International Airlines 2012 Monday, 16 Jul 2012 | 10:15 AM ET

    As more people decide to fly, there are some airlines that have a distinctive edge over their rivals when it comes to providing the best service.

  • CNBC's Kelly Evans reports on all the market moving events from Europe, including a look at equities; weighed down by earnings worries.

  • Beijing Hopes to Cash In Taiwanese Public Support Monday, 16 Jul 2012 | 2:58 AM ET

    China is finding that it may not need to threaten or invade this diplomatically isolated island, which it considers a rogue province. It’s doing just fine buying influence from the inside out, the Global Post reports.

  • The Sun Hung Kai Centre building in Hong Kong, China

    News that Sun Hung Kai’s billionaire co-chairmen have been charged for bribery has cast a pall over the stock and prompted a downgrade from Barclays on Monday, as investors continue to weigh the extent of the fallout from the scandal on Asia's largest developer.

  • Tax Cuts Perpetuate Inequality, Should End: Summers Sunday, 15 Jul 2012 | 11:52 PM ET
    Lawrence Summers, Director of President Barack Obama's National Economic Council

    The United States should not extend Bush-era tax cuts for the wealthiest Americans even as the so-called ‘fiscal cliff’ looms because it will perpetuate income inequality, says Larry Summers, former U.S. Treasury Secretary. Instead, these revenues should go towards strengthening public education and ensuring that low-income students are presented with equal opportunities as their wealthy counterparts so that they can participate in the economy.

  • Avoid Pure Cyclical Plays: Pro     Sunday, 15 Jul 2012 | 9:20 PM ET

    Simon Godfrey, Head of Investment Specialists, EM Group, BNP Paribas Investment Partners shares his top stock picks within Asia. He says the current environment is not good for pure cyclical plays.

  • Macau’s Wheel of Fortune Turns Sunday, 15 Jul 2012 | 8:58 PM ET

    Las Vegas casino mogul Sheldon Adelson was in a buoyant mood on a visit to his new project in Macau three months ago. The 5,800-room Sands Cotai Central, scheduled for completion next year, had already cost $4.4billion by then – “but who’s counting?” he said. The FT reports.

  • Can Chinese Data be Trusted?     Sunday, 15 Jul 2012 | 7:40 PM ET

    Li-Gang Liu, Head of China Economic Research, ANZ says to look at monthly high frequency data for a more accurate growth picture.

  • China Eases Taxes for Foreign Companies Sunday, 15 Jul 2012 | 7:00 PM ET

    China will cut taxes on the profits that foreign companies take out of the country by up to 50 percent after rules on withholding taxes were relaxed to encourage more overseas investment. The FT reports.

  • China Traders to Shift Focus to Earnings This Week Sunday, 15 Jul 2012 | 12:28 PM ET

    Attention turns to earnings after last week's June data showed the Chinese  economy slowed in line with expectations.

  • Chinese Premier Says Economic Woes to Continue Sunday, 15 Jul 2012 | 7:56 AM ET
    Beijing, China

    China's economic woes that have brought growth to a three-year low will continue for some time, but the slower expansion remains within expectations, Premier Wen Jiabao said Sunday.

  • Pilot Demand Forecast Raising Safety Concerns Friday, 13 Jul 2012 | 4:10 PM ET
    Airplane on runway

    There's growing worry about a global pilot shortage among industry experts. Asia already is experiencing a shortage. Learn why.

  • Betting on Creating US Jobs     Friday, 13 Jul 2012 | 8:40 AM ET

    Michael Leven, Las Vegas Sands president & COO, shares his thoughts on how to create jobs in America, and weighs in on growing the Asian gaming industry.

  • CNBC's Kelly Evans reports on all the market moving events from Europe, including returns on Italian bonds, and whether the IMF will issue more financial support to Greece.

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