Asia-Pacific News


  • Emerging market rout in Asia: Worse than the '90s? Monday, 26 Aug 2013 | 5:01 AM ET
    Kuala Lumpur, Malaysia

    The current market rout in emerging Asia isn't another late 1990's-style financial crisis, but analysts have concerns that the region may not be able to "catch-up" with the developed world.

  • India isn't suffering from 'policy paralysis': Fitch Monday, 26 Aug 2013 | 4:57 AM ET

    Even as India continues to suffer from a crisis of confidence among investors, policymakers haven't fared as badly as many industry watchers have suggested.

  • Thailand may have been 'ground zero' during the Asian financial crisis in the late 1990s, but the country isn't seen at risk this time around.

  • Shoppers walk in the Myungdong shopping district in Seoul, South Korea.

    South Korea is ready to tackle the potential fallout from a winding down of U.S. monetary stimulus and would embrace tightening measures if necessary, the nation's deputy prime minister told CNBC.

  • In Fukushima, radiated water has nowhere to go Monday, 26 Aug 2013 | 2:02 AM ET
    One of Tokyo Electric Power's (TEPCO) nuclear power plants.

    Tanks were bolted together as makeshift repository for the cascade of water being pumped through the reactors of Fukushima, but at least one of the tanks has already failed.

  • Chinese prosecutors want heavy sentence for Bo Xilai Monday, 26 Aug 2013 | 1:18 AM ET
    A screen shows the picture of the sentence of Chinese politician Bo Xilai (Center) on September 22, 2013 in Beijing, China.

    Chinese prosecutors demanded a heavy sentence for Bo, saying his "whimsical" challenge to bribery and abuse of power charges flew in the face of the evidence.

  • Why the crippled rupee may not head to 70, after all Monday, 26 Aug 2013 | 12:35 AM ET

    The beleaguered rupee, which has pared back losses after breaching the 65 mark against the U.S. dollar last week, will head back to 60 in the coming months.

  • China detains well-known blogger in crackdown Sunday, 25 Aug 2013 | 11:50 PM ET

    China has detained a well-known Chinese-American microblogger and angel investor as Beijing rolls out a new campaign to "purify" the country's social media, writes Kathrin Hille.

  • Clive Palmer

    Aspiring PM Clive Palmer, has lashed out at Kevin Rudd and Tony Abbott, claiming neither of them understand the concept of business or how to get the country’s economy back on track.

  • Data could cast bigger shadow on emerging markets Sunday, 25 Aug 2013 | 10:25 PM ET

    Economic growth data from India and the Philippines, as well as trade data from Thailand, are to be in focus this week as investors assess outlook for Asia's emerging markets.

  • China set to overtake US as biggest oil importer Sunday, 25 Aug 2013 | 3:02 PM ET
    Traffic in Beijing.

    According to a report released this week, the world's second-largest economy will be the globe's largest importer of oil by 2017.

  • China's Bo slams former police chief as vile liar Sunday, 25 Aug 2013 | 12:52 AM ET
    A screen shows the picture of the sentence of Chinese politician Bo Xilai (Center) on September 22, 2013 in Beijing, China.

    Ousted senior Chinese politician Bo Xilai angrily ripped into his former police chief on Sunday on the fourth day of his trial, calling him a "vile character" who faked testimony accusing Bo of covering up a murder committed by his wife.

  • No cure: Japan doctor's lobby takes on Abenomics Saturday, 24 Aug 2013 | 11:22 PM ET
    Prime Minister of Japan Shinzo Abe

    Japanese Prime Minister Shinzo Abe wants to promote the advanced medical technology industry as part of a plan to breathe new life into the economy- but the country's doctors' lobby is opposing what they say is risky surgery.

  • El-Erian: No 1990s-style emerging market collapse Friday, 23 Aug 2013 | 10:05 AM ET

    Emerging markets are in a better position than they were in the 1990s, even with the recent plunge in places like India and Indonesia, Pimco CEO Mohamed El-Erian said on Friday.

  • Tesla hits roadblock in China over trademark Friday, 23 Aug 2013 | 9:44 AM ET

    Tesla Motors's plans to enter the China auto market have stalled after a Chinese businessman claimed trademark rights to the name, Reuters reported.

  • Goldman downgrades emerging Asia currencies Friday, 23 Aug 2013 | 1:15 AM ET

    U.S. investment bank Goldman Sachs says it expects the rout in Asian emerging market currencies to continue, downgrading its forecasts for battered currencies in the region.

  • Calls get louder for India to free up currency Friday, 23 Aug 2013 | 1:09 AM ET

    As the world's worst performing currency this year plumbed new lows this week, some analysts are suggesting that India policymakers loosen the grip on the rupee to stop the rout.

  • Is a Volcker on the cards for India's central bank? Friday, 23 Aug 2013 | 12:03 AM ET
    Paul Volcker

    An aggressive tightening environment may be a drastic prescription for India's beleaguered economy, but some economists are advocating the measure as a way to ease inflation and put a floor under the rupee.

  • Three charts that explain why India is in trouble Thursday, 22 Aug 2013 | 11:13 PM ET

    As India's rupee languishes near record lows against the dollar, analysts say weakness in Asia's third largest economy highlight why the rupee is one of the most heavily sold emerging market currencies.

  • Singapore tightens grip on airport crown Thursday, 22 Aug 2013 | 8:27 PM ET
    Changi Airport in Singapore.

    Singapore's project to double its air passenger handling capacity by the mid-2020s is set to extend its lead over neighbors, whose airports are struggling with congestion and construction delays.

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