Asia-Pacific News


  • Is the Best Trade of 2013 Already Over? Monday, 10 Jun 2013 | 9:53 PM ET

    Selling the Japanese yen has been one of the hottest trades of the year, but the currency's rebound against the U.S. dollar in the past three weeks has some questioning whether the short-yen trade has now run its course.

  • Nikkei Bull Run Over, Looking at 11,500 Now: Chart Monday, 10 Jun 2013 | 9:46 PM ET
    Japanese Prime Minister Shinzo Abe

    How far can the Nikkei fall? It could well be to 11,500 and any rebound will encounter resistance.

  • SoftBank Raises Sprint Nextel Offer to $21.6 Billion Monday, 10 Jun 2013 | 9:07 PM ET

    Japan's SoftBank said on Tuesday that it has agreed with Sprint Nextel to raise its offer for the U.S. wireless operator to $21.6 billion.

  • Lawsuit Against Baidu and China Revisited in US Monday, 10 Jun 2013 | 3:38 PM ET
    Baidu headquarters, Beijing, China

    A U.S. judge has revisited a censorship lawsuit by pro-democracy activists against Baidu and China, even after China invoked its authority as a sovereign nation to block the case.

  • Top 3 Tech Stocks Are in China: Pro Monday, 10 Jun 2013 | 1:33 PM ET

    The top technology plays around aren't in the United States, Light Street Capital Founder Glen Kacher says.

  • Gold’s Secret Enemy: The Yen Monday, 10 Jun 2013 | 12:26 PM ET

    Why the yen could be gold's single biggest driver.

  • In Hong Kong, Ex-CIA Man May Not Escape US Reach Monday, 10 Jun 2013 | 6:58 AM ET
    Edward Snowden

    Edward Snowden's decision to flee to Hong Kong as he prepared to expose the U.S. government's secret surveillance programs may not save him from prosecution.

  • Are Markets Pricing In Hard Landing for Smartphones? Monday, 10 Jun 2013 | 3:28 AM ET

    Samsung's stock fell victim to heavy selling on Friday that wiped out $12 billion of the company's market value on concerns smartphone sales may underperform market expectations.

  • An End in Sight for Japan’s Turbulent Markets? Monday, 10 Jun 2013 | 2:35 AM ET

    After weeks of heavy selling in Japan's equity market and volatility in government bonds, a degree of stability is now expected to return with stronger-than-expected data.

  • Indian Rupee Hits Record Low, but Some Relief Ahead Monday, 10 Jun 2013 | 2:26 AM ET

    India's rupee fell more than 1 percent to a record low against a broadly robust U.S. dollar on Monday, but strategists say it's not all gloom and doom for the battered currency.

  • China Gives US Nothing, but Germans Get Sweets Monday, 10 Jun 2013 | 12:28 AM ET
    President Barack Obama (R) and Chinese President Xi Jinping take a walk at the Annenberg Retreat at Sunnylands in Rancho Mirage, California, on June 8, 2013.

    Xi Jinping offered the U.S. nothing on trade yet wants to build a 'Dream Team' with Germany, Michael Ivanovitch points out.

  • In China, Fake Wine More Worrying Than Tariffs Monday, 10 Jun 2013 | 12:13 AM ET

    China faces battle against fake wine as the amount of knock-offs on the market may increase as Beijing investigates wine imports from the European Union.

  • China Downturn Could Be 'Most Drawn-Out' Since '90s Sunday, 9 Jun 2013 | 11:25 PM ET

    The downturn in the world's second largest economy, China, could be the most drawn-out since the 1997-1998 Asian Financial Crisis, said a new report.

  • Are North Korea Firms Stashing Cash in Tax Havens? Sunday, 9 Jun 2013 | 10:39 PM ET
    Kim Il-Sung Square, North Korea

    Ghost companies set up in international tax havens could be sheltering the North Korean regime's fortune, an investigation by South Korean journalists report. The GlobalPost reports.

  • A Central Bank Heavy Week for Asian Markets Sunday, 9 Jun 2013 | 9:43 PM ET
    Bank of Japan headquarters in Tokyo, Japan

    The week ahead in Asia will see a raft of central bank meetings, starting off with Japan and followed by Malaysia, New Zealand, South Korea, Indonesia and the Philippines.

  • Abenomics Success? Japan Revises Growth Upwards Sunday, 9 Jun 2013 | 9:26 PM ET
    A woman looks at cosmetics at Ameyoko market in Tokyo, Japan. The government revised annualized GDP growth for January-March to 4.1 percent from an earlier reading of 3.5 percent on Monday.

    Japan has revised annualized gross domestic product growth (GDP) for January-to-March to 4.1 percent from a preliminary reading of 3.5 percent, official data showed on Monday.

  • Two Koreas Open First Official Talks in Two Years Sunday, 9 Jun 2013 | 8:08 PM ET
    In this photo taken on Monday, April 23, 2012, North Korean soldiers stand guard on the demarcation line of the Demilitarized Zone that separates the two halves of the Korean peninsula at Panmunjom, North Korea. (AP Photo/Vincent Yu)

    North and South Korea opened their first official talks in two years on Sunday at a border village "without argument", building on an easing in tensions from nearly daily threats.

  • Oil to Rise as Markets Digest Payrolls, China Data Sunday, 9 Jun 2013 | 7:32 PM ET

    Crude prices are likely to extend last week's rally even as markets weigh the modest improvement in the U.S. payroll numbers against worrying economic data out of China at the weekend, a CNBC sentiment survey showed.

  • Japan's Abe Unveils Plans to Cut Taxes Sunday, 9 Jun 2013 | 7:07 AM ET
    Japanese Prime Minister Shinzo Abe.

    Japanese Prime Minister Shinzo Abe said on Sunday the government would decide on tax cuts in autumn to encourage companies to boost capital expenditure as part of sweeping reforms to revive the economy.

  • US and China Remain Divided on Cyberspying Sunday, 9 Jun 2013 | 4:39 AM ET
    Barack Obama (R) and Xi Jinping

    After two days of talks, President Obama and President Xi Jinping of China moved closer on North Korea, but remaining sharply divided over cyberespionage, the New York Times reports.

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