Asia-Pacific News


  • Emerging markets: The comeback kid of 2014? Thursday, 29 Aug 2013 | 11:46 PM ET
    An Indonesian man waits for customers at a street money changer in Jakarta on August 28, 2013.

    Emerging markets are getting a beating right now, but the tattered asset class could be poised to become the “comeback kid” of 2014, some analysts say.

  • Indian rupee now in unchartered territory Thursday, 29 Aug 2013 | 10:02 PM ET

    The rupee has fallen so far so fast that not even analysts can define the currency's future. They are struggling to make sense of a currency that is now in uncharted territory.

  • Will India resort to buying gold from citizens? Thursday, 29 Aug 2013 | 8:52 PM ET

    India is considering to direct commercial banks to buy gold from ordinary citizens in an attempt to curb imports and take some heat off the plunging currency.

  • Is Japan's economic recovery gaining traction? Thursday, 29 Aug 2013 | 7:47 PM ET
    Pedestrians and shoppers walk through the Odaiba area of Tokyo, Japan.

    Economic data from Japan on Friday showed upbeat industrial output, inflation and employment figures, in the latest signs of a recovery taking hold.

  • The Bernie Madoff of China: Innocent man executed? Thursday, 29 Aug 2013 | 12:06 PM ET
    A paramilitary police officer stands guards in front of flags at Tiananmen Square in Beijing.

    It's a question many have been asking: Was Zeng Chengjie, who's been likened to Bernie Madoff and was executed by China, a perpetrator or a pawn of a flawed a money system?

  • Death by firing squad for Kim Jong Un's ex Thursday, 29 Aug 2013 | 8:02 AM ET
    Kim Jung Un

    The ex-girlfriend of North Korean leader Kim Jong Un was among a number of musicians who were executed by firing squad on August 20.

  • India's rupee surges on currency intervention Thursday, 29 Aug 2013 | 7:45 AM ET

    India's beaten-down currency showed on Thursday that it hasn't given up the fight, staging it's biggest one-day gain for over 15 years on central bank intervention.

  • China’s Xiaomi poaches top Google Android exec Thursday, 29 Aug 2013 | 7:19 AM ET
    Hugo Barra

    Google has lost a top executive from its Android management team to fast-rising Chinese smartphone maker Xiaomi, the FT reports.

  • Indonesia hikes benchmark rate by 50 bps to 7% Thursday, 29 Aug 2013 | 3:58 AM ET

    Indonesia's central bank raised its benchmark reference rate 50 basis points to 7.0 percent on Thursday in a bid to stabilize the wilting rupiah and economy.

  • China has much at stake with Syria, but little control Wednesday, 28 Aug 2013 | 11:10 PM ET

    The worsening Syria conflict has exposed an uncomfortable truth behind China's cherished policy of non-interference: Beijing cannot do much to influence events even if it wanted to.

  • Bank Indonesia seen raising rates as rupiah wilts Wednesday, 28 Aug 2013 | 11:08 PM ET

    Indonesia's central bank is expected to raise interest rates on Thursday in its latest attempt to defend the plunging rupiah, which has slid some 12 percent so far this year.

  • Singapore dollar: the next currency to fall? Wednesday, 28 Aug 2013 | 7:07 PM ET

    Even the Singapore dollar, underpinned by a robust economy, has failed to escape the pressure facing its regional peers.

  • India calls on expats to save the battered rupee Wednesday, 28 Aug 2013 | 6:35 PM ET

    Indians overseas have helped the country avert past economic crises, so policymakers are pleading with them to plug a trade gap that is punishing the currency.

  • China aims to hike taxes on luxury goods, property Wednesday, 28 Aug 2013 | 3:18 PM ET

    The moves are part of a push by China's leaders to reshape its economy to one driven more by consumers but to discourage ostentation.

  • Bottom in emerging markets near: Fund manager Wednesday, 28 Aug 2013 | 1:12 PM ET

    The recently struggling emerging markets are getting "closer to a bottom," Leah Zell, founder of Lizard Investors, tells CNBC. She also offers two global stock picks.

  • Is nuclear disaster looming in Japan? Wednesday, 28 Aug 2013 | 6:59 AM ET
    Japan's nuclear watchdog members, including Nuclear Regulation Authority members in radiation protection suits in Fukushima

    As the world watches Syria amid concerns of a U.S.-led military intervention, halfway across the globe a nuclear disaster could be unfolding with the potential for years of repercussions in Japan.

  • Are Singapore home prices about to ease, finally ? Wednesday, 28 Aug 2013 | 5:29 AM ET

    Singapore's government issued another round of cooling measures for its real estate sector, this time targeting the subsidized public housing market.

  • Is the Aussie dollar finally finding a floor? Wednesday, 28 Aug 2013 | 4:46 AM ET

    The Aussie dollar has been swathed in bearish sentiment in recent months, but the tide could be turning for the battered currency as analysts find reasons to be optimistic.

  • For China inflation hawks, it's time to watch pigs Wednesday, 28 Aug 2013 | 3:22 AM ET

    The rapid rise in pork prices is developing as the main threat to currently subdued inflation in China, according to analysts at Bank of America Merrill Lynch.

  • Across China, skyscrapers brush the heavens Wednesday, 28 Aug 2013 | 2:47 AM ET
    The Shanghai Tower (L), China's tallest building.

    China is planning to erect the world's tallest building this winter, and in record time. But the project's scale and speed have set off a burst of national introspection about whether leaders and developers have gone too far in their manic reach for the skies. The New York Times reports.

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