Asia-Pacific News


  • Helen Clark, Administrator, United Nations Development Programme and Former Prime minister of New Zealand said the transition towards a sustainable economy will also stimulate innovation, create new jobs, and boost GDP growth.

  • Patrick Phillips, CEO of the Urban Land Institute discusses the housing challenges arising in Asia in the face of increasing urbanization.

  • BMW and Toyota logos

    BMW, the world’s largest luxury automaker, is teaming up with Toyota, Japan’s largest automaker, to focus on the next generation of cars. More specifically they will be developing electric drivetrains, fuel cell technology and finding new ways to make lighter vehicles.

  • Bankers Fleeing Europe Crisis Head to Singapore Friday, 29 Jun 2012 | 6:20 AM ET

    Several global recruitment firms have told CNBC they’ve seen a significant increase recently in the number of European bankers wanting to relocate to Singapore.

  • European Markets Rise     Friday, 29 Jun 2012 | 6:10 AM ET

    European equities opened the last day of the week positively, responding to decisions made at the EU Summit, with CNBC's Kelly Evans.

  • Indonesian Stocks Could Jump 15% This Year: Citi Friday, 29 Jun 2012 | 6:05 AM ET
    Indonesia's Jakarta Composite Index

    The Indonesian stock market has been the worst performer in Southeast Asia this year, owing to recent declines, but Citigroup says it’s time to take advantage of the low valuations, forecasting over 15 percent upside for the country’s equities over the rest of 2012.

  • Jim Rogers

    Even as markets cheered the agreement by European leaders to allow the direct use of the bloc’s bailout funds to recapitalize struggling banks, well-known investor Jim Rogers told CNBC the move does nothing to help solve the region’s biggest problem, which is its high debt levels.

  • Day traders at a local brokerage in Hong Kong

    Sentiment is very fragile in the Chinese market after the seventh down day in a row, wiping out all of 2012’s gains.

  • Is It Time to Cash Out of Global Luxury Stocks? Thursday, 28 Jun 2012 | 6:14 AM ET
    A man walks past a billboard outside a shopping mall housing luxury brands in Shanghai.

    Global luxury stocks have surged in the first-half of the year, driven by investor optimism over company earnings, but  growing concerns over a further slowdown in global growth, particularly in the world's second-largest consumer of luxury products China, is putting into question whether the gains can be sustained. 

  • CNBC's Silva Wadhwa reports "the big grand fix" is not going to happen this week as European leaders gather for a summit in Brussels, and France calls for EU countries to assume joint liability for each other's debt, Also, a look at all the market moving events from Europe, with CNBC's Kelly Evans.

  • Mongolia's Growth Prospects Off The Charts     Wednesday, 27 Jun 2012 | 8:50 PM ET

    Jim Dwyer, Executive Director, Business Council of Mongolia says from 2013-2020 the IMF projects 20 % growth in Mongolia.

  • Buy Investment Grade Corporate Bonds: Pro     Wednesday, 27 Jun 2012 | 8:10 PM ET

    Yonghao Pu, Regional Chief Investment Officer of APAC, UBS Wealth Management advises investors to be overweight on investment grade corporate bonds that have a 5 percent return.

  • China Stocks Seen in Tight Range After 6th Straight Loss Wednesday, 27 Jun 2012 | 11:07 AM ET

    The Chinese market may trade in a narrow range after shares fell for the sixth day in a row — the longest downturn seen this year.

  • America Sets a New Record for Old Cars Wednesday, 27 Jun 2012 | 7:30 AM ET
    Mechanic Harrison Garcia works on a Ford Mustang at Brake and Wheel Service Center in San Francisco, California.

    Feel like you’re driving an old car? You’re not alone. In fact, the average age of vehicles in the U.S. has hit a new all-time high.

  • Global Markets Update: EU Summit Eyed     Wednesday, 27 Jun 2012 | 6:06 AM ET

    CNBC's Kelly Evans reports on all the market moving events from Europe, including German Chancellor Angela Merkel's opposition to euro bonds, saying such debt instruments would not occur, "as long as I live."

  • Hong Kong-listed jewelers have been battered in recent months by concerns over a slowdown in sales growth in the mainland along with rising risk aversion among investors.

  • Why Mumbai’s Real Estate Market Is Still Red Hot Wednesday, 27 Jun 2012 | 2:16 AM ET
    Mumbai, India skyline.

    A 28th floor apartment in south Mumbai, facing the Arabian Sea, sold for a record-setting 390 million rupees ($6.8 million) this month, underscoring the dichotomy in India’s property market where prices remain stubbornly high, even as the economy falters and the currency nosedives.

  • Anita Yadav, Managing Partner, SJ Seymour Group explains why it is a great time to invest in corporate debt of Singapore's DBS Bank and India's Reliance Industries.

  • J. West Riggs, Managing Director & Head of Asia Equity Capital Markets, Piper Jaffray says while there is a robust pipeline of companies looking to go public, retail demand for IPOs in Hong Kong is extremely low at the moment.

  • Nigel Chalk, MD & Head of Emerging Asia Research, Barclays says the global economy is stuck in a stress and intervention cycle. He adds that policy interventions will have to be bigger each time it's used.

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