Asia-Pacific News


  • Japan Logs Trade Deficit for Ninth Straight Month Wednesday, 17 Apr 2013 | 8:47 PM ET

    Japanese exports picked up in March from a year earlier, beating forecasts and offering hope that a weaker yen is starting to support a slow upturn in the export-reliant economy.

  • Foreign Demand for Japan Shares Highest Since 2005 Wednesday, 17 Apr 2013 | 8:24 PM ET

    Foreign investors' net buying of Japanese equities hit the highest last week since the Ministry of Finance started collecting the data in 2005, buoyed by the Bank of Japan's sweeping stimulus measures unveiled on April 4.

  • Oil Slide to Continue as Demand Picture Weakens Wednesday, 17 Apr 2013 | 7:36 PM ET

    Oil prices have cascaded lower in the global commodities rout and may still have further to go before finding a floor, analysts say.

  • 'Lacking Demand': Apple Skids to One-Year Low Wednesday, 17 Apr 2013 | 5:08 PM ET
    Tim Cook, CEO of Apple Inc.

    Apple tumbled to its lowest level in over a year, as investors continued to dump shares of the tech company amid worries over second-quarter iPad mini shipments.

  • Copper Falls Below Key Level, Warning Signs Flash Wednesday, 17 Apr 2013 | 2:57 PM ET

    "When I look at copper, it reminds me a lot of gold before that big breakdown," one analyst said.

  • As Gold Crashes, One Contrarian Spots 'Buy' Sign Wednesday, 17 Apr 2013 | 12:28 PM ET

    When everyone hates a trade, it's time to buy, a contrarian explains.

  • Sliding Yen Could Herald New Asia Crisis: Strategist Wednesday, 17 Apr 2013 | 8:58 AM ET
    A businessman passes before a share prices board in Tokyo.

    The falling yen coupled with a fall-off in Chinese investment inflows "increasingly resembles" the run-up to the 1997 currency crisis, said Albert Edwards, Societe Generale's ultra-bearish strategist.

  • Ban on Boeing 787 Dreamliner Flights Could End Soon Wednesday, 17 Apr 2013 | 8:45 AM ET
    United Airlines 787 Dreamliner.

    The top aviation regulator said he expects to decide "very soon" whether to approve Boeing's redesigned 787 Dreamliner battery system, potentially ending a three-month ban on flights by the high-tech jet.

  • Apple iPad Faces Rising Challenge From $65 Rivals Wednesday, 17 Apr 2013 | 5:42 AM ET

    Apple may have surged ahead with tablet sales, but the competition is heating up in China, where ultra-cheap tablets are giving consumers more options.

  • No Need for China Panic: Sovereign Wealth Fund Chief Wednesday, 17 Apr 2013 | 12:16 AM ET

    China's economy will grow at sustainable levels and there's no need for panic about the level of growth, said Jin Liqun, chairman of China's sovereign wealth fund.

  • Fund Managers Say Goodbye China, Hello Japan Wednesday, 17 Apr 2013 | 12:12 AM ET

    Growing investor bullishness over Japan's economy is being met by evaporating optimism for China, a survey of fund managers shows.

  • China's Bird Flu Death Toll at 16 Wednesday, 17 Apr 2013 | 12:11 AM ET

    Two more people in China have died from a new strain of avian influenza, bringing to 16 the number of deaths from the H7N9 virus.

  • Singapore Exchange Expects IPO Pipeline to 'Step Up' Tuesday, 16 Apr 2013 | 11:51 PM ET

    The Singapore Exchange is confident the number of companies looking to go public will increase this year, SGX President Muthukrishnan Ramaswami told CNBC.

  • Would You Buy a 'Man-Made' Diamond? Tuesday, 16 Apr 2013 | 8:50 PM ET

    Consumers of high-end diamond jewelry want the real thing and are willing to pay up, even though the lab-made variety are free of the 'blood diamonds' stigma.

  • IMF: There Is No Silver Bullet for Debt Concerns Tuesday, 16 Apr 2013 | 8:42 AM ET
    Christine Lagarde, managing director of the International Monetary Fund

    The International Monetary Fund has urged advanced economies to use "all prudent measures" to boost sluggish demand, including monetary policy, even as it trimmed 2013 growth forecasts for the global economy to 3.25 percent.

  • Pakistan Bears Brunt of Iran Earthquake, 13 Killed Tuesday, 16 Apr 2013 | 7:08 AM ET
    Pakistanis are pictured outside after evacuating nearby buildings following tremors in Karachi on April 16, 2013.

    At least five people were killed and hundreds of houses destroyed in Pakistan on Tuesday when the region was struck by tremors from an earthquake centered in neighboring Iran.

  • Bigger Is Better: SUVs and CUVs Rule the Road in China Tuesday, 16 Apr 2013 | 6:44 AM ET
    A family takes delivery of their new Ford Focus at a dealership in Chongqing, China.

    China has fallen hard for utility vehicles with SUV sales jumping 20.8 percent last year, outpacing the overall auto sales rate in the U.S.

  • Why Some Gold Bugs Are Still Hanging On Tuesday, 16 Apr 2013 | 3:33 AM ET

    Gold may have suffered its biggest one-day decline this week but that hasn't stopped some gold bulls from standing firm.

  • Why the Aussie May Not Escape This Time Tuesday, 16 Apr 2013 | 2:28 AM ET

    The Australian dollar may have won a reprieve from Monday's sharp sell-off, but analysts say even this resilient currency will struggle to overcome global headwinds.

  • Market Tumble an Overdue Reality Check? Tuesday, 16 Apr 2013 | 12:08 AM ET

    This week's sell-off in global financial markets, which has spared few asset classes, may well reflect investors reassessing their outlook for the global economy.

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