Asia-Pacific News


  • Singapore Takes Further Steps to Cool Housing Market Saturday, 29 Jun 2013 | 5:22 AM ET

    Singapore's central bank on Friday introduced rules to ensure that a property buyer's monthly payments do not exceed 60 percent of his income, a move aimed at cooling the housing market.

  • China Banking Regulator Insists Liquidity Sufficient Saturday, 29 Jun 2013 | 2:03 AM ET

    China's chief banking regulator said on Saturday that liquidity in China's banking system is sufficient and pledged to control risks from local government debt, real estate and shadow banking.

  • Sony PlayStation's Sex Hotline 'Mistake' Friday, 28 Jun 2013 | 3:54 PM ET

    Developers of the PlayStation 3 title "The Last of Us" are scrambling to patch the title upon learning that phone numbers that appear in the game connect people to actual sex hotlines.

  • New Investors Shouldn't Go to China, Starnes Says Friday, 28 Jun 2013 | 8:41 AM ET
    Chip Starnes

    Chip Starnes, the CEO held hostage by his workers in China, said he'd advise new investors not to do business there.

  • HSBC Cuts Global Growth Forecasts on Fed, China Friday, 28 Jun 2013 | 7:39 AM ET

    HSBC downgraded its global growth forecast on Friday, citing risks to emerging markets.

  • Fed Tapering Hasn't Affected This Currency Friday, 28 Jun 2013 | 4:03 AM ET

    Emerging market currencies have slumped since the Fed indicated that it could taper QE later this year, but there is one currency that has stood up.

  • It's been a brutal quarter for Asian equity markets that have seen a sharp withdrawal of funds over April-June on concerns over a tapering of the Fed's bond buying program.

  • Latest Data Help Allay Doubts Over Japan's Policies Friday, 28 Jun 2013 | 12:19 AM ET

    If there have been doubts about the effectiveness of Japan's radical economic policies, Friday's flurry of data should help put some of the disquiet to rest, analysts told CNBC.

  • 'Dirty Underside to Doing Business in China:' Starnes Thursday, 27 Jun 2013 | 11:53 PM ET
    Chip Starnes

    American businessman Chip Starnes arrived in New Jersey, on Thursday evening, ending seven days of captivity in a Chinese factory. CNBC met him at the airport for an exclusive interview.

  • Chinese Company Charged for Stealing Trade Secrets Thursday, 27 Jun 2013 | 9:05 PM ET

    Chinese wind turbine maker Sinovel Wind Group Co and two of its employees were charged with stealing trade secrets from U.S.-based AMSC.

  • Myanmar Awards Telco Licences to Foreign Firms Thursday, 27 Jun 2013 | 7:54 PM ET
    Communication Tower

    Norway's Telenor and Qatar's Ooredoo won licences on Thursday to enter the Myanmar market, bringing foreign companies across one of the world's last telecoms frontiers.

  • China Manufacturing – Getting Bad to Worse? Thursday, 27 Jun 2013 | 7:03 PM ET

    China's factory activity is likely to have slowed further in June, official PMI due Monday will show, with one analyst expecting the index to fall into contractionary territory for the first time in nine months.

  • EM Growth Hits Lowest Since Financial Crisis Thursday, 27 Jun 2013 | 10:30 AM ET

    Emerging market growth has slowed to its weakest pace since the financial crisis, research firm Capital Economics said on Thursday.

  • US Boss Held Captive by Workers Leaves China Thursday, 27 Jun 2013 | 4:48 AM ET
    Chip Starnes

    The American businessman who said he was being held hostage by his factory employees in China over a pay dispute has been released.

  • India's Current Account Good News May Be Fleeting Thursday, 27 Jun 2013 | 3:58 AM ET
    Indian Rupees

    India's current account deficit narrowed sharply in Q1, but the rapidly-falling rupee could threaten the balance going ahead, analysts said.

  • China Industrial Profits Jump in May, Beat Forecast Thursday, 27 Jun 2013 | 12:50 AM ET

    China's industrial profits unexpectedly jumped 15.5 percent in May from the same month last year, beating forecasts and helping to support share markets in China.

  • China Cash Rates Ease for a Fifth Straight Day Thursday, 27 Jun 2013 | 12:45 AM ET

    Chinese money market rates extended their moderation into a fifth day on Thursday after the central bank did not drain any cash from the market, and stocks recovered some of their big losses from earlier in the week as investor sentiment steadied.

  • Can Rudd Stop the Rout in the Australia Dollar? Thursday, 27 Jun 2013 | 12:16 AM ET

    The swearing in of Kevin Rudd on Thursday for a second time as Australia's prime minister brought some relief to the Aussie dollar, which hit a one-week high on the news.

  • Is the Nikkei Taking Its Cue From China Markets? Wednesday, 26 Jun 2013 | 10:10 PM ET

    Japan's blue-chip stock index doesn’t usually follow the direction of China’s stock market but that has changed this week as the Shanghai Composite slumped to its lowest level in more than four years.

  • Japan’s Fad-Loving Consumer Threatens Sony’s Sales Wednesday, 26 Jun 2013 | 8:51 PM ET
    Sony's Xperia Z

    Sony's Xperia Z, which went on sale in February, has already sold almost a million units by some estimates. But troubles are foreseen for the tech giant. The NYT reports.

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