Asia-Pacific News


  • Credit habit proves hard for China to kick Monday, 26 Aug 2013 | 11:02 PM ET

    The Chinese government says its debt problem is under control, but the people of Pianpo village have cause to disagree.

  • Japan begins six days of hearings on sales tax Monday, 26 Aug 2013 | 9:29 PM ET
    Shubiya district, Tokyo, Japan

    Japan's government opened on Monday a week-long hearing that may help determine Prime Minister Shinzo Abe's decision on how to proceed with a planned increase in sales tax.

  • India data to show economy remains in bad shape Monday, 26 Aug 2013 | 9:25 PM ET

    India's economic growth likely languished at a decade-low of around 4.6 percent in the April-June quarter, with the deepening slowdown sparing few sectors in Asia's number three economy.

  • Huge India food program criticized as profligate Monday, 26 Aug 2013 | 5:55 PM ET
    A market in Mumbai.

    With its currency in meltdown and growth at the lowest in the past decade, India's government on Monday passed a $19.8 billion-a-year food subsidy bill.

  • These Asian equities still over-valued: Macquarie Monday, 26 Aug 2013 | 7:43 AM ET

    Equities in south east Asia are over-valued despite the ongoing emerging market rout and investors should get out while they still can, a senior portfolio manager from Macquarie told CNBC on Monday.

  • 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.

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