Asia-Pacific News


  • Trade

    Leaders of Southeast Asian countries are meeting in Bali this week to try to push for the creation of a free trade zone by 2015 that would rival China and India. But can the region  match up to their size and importance?

  • The Nikkei average fell to its lowest closing level since March 2009 on Monday. Gloomy fiscal data also dampened investor sentiment. The Nikkei's Makiko Utsuda reports.

  • The Monju nuclear power plant located in Tsuruga, Fukui prefecture.

    By weakening Tokyo Electric, reformers hope to break the linchpin of the collusion between business and government that keeps the country mired in stagnation, the New York Times reports.

  • Philips CEO: There's a Lot of Growth to Be Had in Asia Thursday, 17 Nov 2011 | 10:50 PM ET

    Royal Philips Electronics is looking to its lighting and healthcare businesses to turn its fortunes around as profits come under pressure. The Dutch giant's CEO Frans van Houten spoke to CNBC's Christine Tan on how he plans to put the spark back into the 120-year-old company.

  • Asean Integration Will Benefit Us: StanChart     Thursday, 17 Nov 2011 | 10:05 PM ET

    Tom Aaker, CEO of Standard Chartered Indonesia, says economic integration in the Asean region will benefit Standard Chartered's retail and wholesale banking operations.

  • Banking Health in Asia     Thursday, 17 Nov 2011 | 7:40 PM ET

    Dan McConaghy, president, Asia of FICO, discusses how Asian banks are actively demanding analytics to understand their customers better in this risky environment.

  • RBI Warns Over Bias in Bank System Thursday, 17 Nov 2011 | 7:38 PM ET
    Indian Rupee banknotes

    The Reserve Bank of India has warned of deep imbalances in the country’s banking system saying that capital is being allocated to a handful of elite industrialists but not to the broader, more dynamic economy. The FT reports.

  • Nikkei Hits 1-Month Low on Euro Debt Fears     Thursday, 17 Nov 2011 | 11:00 AM ET

    Tokyo stocks fell today as investors moved away from risky assets, over fears of Europe's debt problems. Shares of Olympus plunged more than 16 percent .The Nikkei's Makiko Utsuda reports.

  • Morton's Asia Growth Plan     Wednesday, 16 Nov 2011 | 8:20 PM ET

    Christopher Artinian, president & CEO of Morton's Restaurant Group which owns and operates Morton's Steak House, discusses the company's plans to expand in Asia.

  • India Plays Politics With Petrol Price Cut Wednesday, 16 Nov 2011 | 7:55 PM ET
    Bombay Traffic

    Indian state-controlled refiners cut petrol prices for the first time in three years on Wednesday, after one of the ruling Congress party’s key political allies threatened to quit the alliance over recent price hikes. The FT reports.

  • Thai Army Turns Flooding Into a PR Opportunity Tuesday, 15 Nov 2011 | 8:12 PM ET
    PATUM THANI, THAILAND - OCTOBER 14: Thai soldiers help residents onto a military truck as floods continue to hit Pathum Thani province on October 14, 2011 in Pathum Thani, north of Bangkok,Thailand. Crews of public workers, soldiers and volunteers are evacuating residents from flooded areas north of Bangkok as efforts continue to protect the capital from increased rainfall and rising tides during the worst floods to hit the country for decades.

    Troops and army trucks are rolling through the streets of Bangkok again. This time it is not to battle protesters or overthrow a prime minister, but to help flood-hit civilians. The NYT reports.

  • Temasek Syndicate Buys BofA Shares in CCB Tuesday, 15 Nov 2011 | 7:21 PM ET
    Two Chinese girls make their to the China Construction Bank head office in Beijing 28 October 2005. China Construction Bank (CCB) met a muted response from investors in its debut on the Hong Kong Stock Exchange after making the world's biggest share offer in four years.

    A syndicate including Temasek, the Singapore state investment agency, and a number of Chinese institutions has bought 10.4 billion shares in China Construction Bank from Bank of America for about $6.6 billion, according to people familiar with the transaction. The FT reports.

  • Buy China's Unloved Banks?     Tuesday, 15 Nov 2011 | 10:24 AM ET

    Is now the time to invest in Chinese banks? Insight with Tim Seymour, EmergingMoney.com founder.

  • Charting Asia | Nymex Oil Monday, 14 Nov 2011 | 10:51 PM ET
  • Sebastian Evans, fund manager at Naos Asset Management, discusses the hidden value in Village Roadshow's film production business, Engenco's good turnaround track record, and Tissue Therapies' potential partnership deal.

  • Indonesia Plans Infrastructure Upgrade     Monday, 14 Nov 2011 | 10:30 PM ET

    Mari Pangestu, Minister for tourism and creative economy for Indonesia, says the Government plans to upgrade airports, access roads to tourism destinations and also develop Special Economic Zones.

  • Asian Bonds Look Promising     Monday, 14 Nov 2011 | 10:10 PM ET

    Rajeev De Mello, head of Asian fixed income at Schroders Investment Management, thinks that Asian bonds, especially Indonesian ones, tend to be less volatile than foreign issues.

  • ADB Urges Asia to Help Rescue Eurozone Monday, 14 Nov 2011 | 9:06 PM ET

    The Asian Development Bank has called for India and China to be ready to help rescue the eurozone from its sovereign debt crisis to avoid a long-term downturn that will stunt the growth of Asian economies. The FT reports.

  • Bruce Rockowitz, President of Li & Fung talks about the resilience of his business in the face of global uncertainty.

  • Buffett: China & U.S. Will Get Along     Monday, 14 Nov 2011 | 8:00 AM ET

    Warren Buffett, Berkshire Hathaway chairman/CEO says the relationship between U.S. and China will be bumpy at times, however the two countries will align interests over time.

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