Asia-Pacific News


  • Is Japan headed for another recession? Monday, 29 Jul 2013 | 9:34 PM ET
    A pedestrian holding an umbrella looks at an electronic stock board displaying the closing figure of the Nikkei 225 Stock Average outside a securities firm in Tokyo, Japan.

    Even before Japan can stage a convincing rebound, fears are already building over a sharp slowdown, with one analyst warning of a possible recession next year.

  • Apple supplier accused of hiring underaged workers Monday, 29 Jul 2013 | 8:50 PM ET

    One of Apple's big suppliers employed underage workers and pressured employees to work illegal overtime, according to a Chinese workers' rights group. The Financial Times reports.

  • China appears in danger of following Japan into the same kind of economic coma that Japan has been trying to wake up from 20 years later.

  • Abenomics setback? Japan industrial output falls Monday, 29 Jul 2013 | 8:13 PM ET

    Japan's industrial output fell by a worst-than-expected margin in June, sparking concerns whether the government's radical economic revival plans are having enough of an impact.

  • Forget growth, China is contracting, experts say Monday, 29 Jul 2013 | 1:04 PM ET
    An investor watches the electronic board at a stock exchange hall on June 24, 2013 in Huaibei, China.

    China's economy may be contracting, investment experts told CNBC on Monday. That's in sharp contrast to China's official growth assessment of 7.5 percent in the second quarter.

  • China's 260 million new spenders may save economy Monday, 29 Jul 2013 | 6:46 AM ET

    Steps that encourage China's 260 million migrant workers to settle into cities should help turn them into urban spenders and underpin growth amid worries of a sharp slowdown in the world's second biggest economy, a new report from HSBC suggests.

  • What might China’s government debt audit reveal? Monday, 29 Jul 2013 | 2:33 AM ET

    China's audit of local government debt may find that borrowings have ballooned to 17.5 trillion yuan ($2.85 trillion) from 10.7 trillion at the end of 2010.

  • Credit squeeze in Asia worst since financial crisis Monday, 29 Jul 2013 | 1:12 AM ET

    Bank lending conditions in emerging Asia have tightened the most since the global financial crisis, according to the latest survey from the Institute of International Finance (IIF).

  • Japan faces most crucial earnings season in a decade Monday, 29 Jul 2013 | 1:02 AM ET

    Japan is gearing up for its most important reporting season in over a decade with key industry bellwethers due to report their earnings for the April to June quarter this week.

  • China, EU reach deal on solar prices Monday, 29 Jul 2013 | 12:53 AM ET
    The boat's top deck is covered in 5,554 square feet solar panelling.

    China and the European Union defused their biggest trade dispute on Saturday with a deal to regulate Chinese solar panel imports and avoid a wider war in goods from wine to steel.

  • Oil may crack further if China data show slowdown Sunday, 28 Jul 2013 | 11:22 PM ET

    Benchmark oil prices may soften further this week if official data confirm China's manufacturing slowed to its slowest in 11 months, implying lower demand for primary inputs.

  • Volatility exacerbates market suspicion in Japan Sunday, 28 Jul 2013 | 9:15 PM ET

    The wild ride in Japanese equities this year has been driven by the hopes and fears accompanying the bold economic policies of PM Shinzo Abe. The New York Times reports.

  • Cambodia's ruling party wins general election Sunday, 28 Jul 2013 | 8:44 PM ET
    Cambodian Prime Minister Hun Sen shows his stained finger after voting during the Cambodian general elections in Phnom Penh, Cambodia.

    Cambodia's ruling party won Sunday's general election but with a much-reduced majority, a result that will be seen as a setback for authoritarian leader Hun Sen.

  • Company in crisis? Here's how Samsung stays on top Sunday, 28 Jul 2013 | 8:42 PM ET

    As margins shrink on tablets and smartphones, Samsung attempts to reinvent itself through disruption — again. The GloalPost reports.

  • Indonesian currency traders are hoping they won't have to retreat to rest rooms to swap market gossip, now that Bank Indonesia has started to relax its tight grip on the rupiah.

  • China slowdown digs a hole for US industrials Sunday, 28 Jul 2013 | 9:00 AM ET

    As policymakers look to shift from an economy based on rapid credit expansion and heavy infrastructure investment to one based on consumer demand, miners and their suppliers have had to adjust.

  • China orders audit of government debt Sunday, 28 Jul 2013 | 5:01 AM ET
    Beijing, China.

    China's National Audit Office will conduct an audit of all government debt at the request of China's State Council or cabinet, it said in a statement on Sunday.

  • More bad news for China? Factory profit growth eases Saturday, 27 Jul 2013 | 8:09 AM ET

    Profits earned by Chinese industrial firms rose 6.3 percent in June from a year earlier to 502.4 billion yuan ($81.9 billion), easing from a year-on-year growth of 15.5 percent in May, the National Bureau of Statistics said.

  • China detains 18 more in Glaxo probe: reports Saturday, 27 Jul 2013 | 6:22 AM ET
    GlaxoSmithKline Shanghai headquarters

    At least 18 more people have been detained in China in connection with a corruption scandal involving GlaxoSmithKline, state media reported.

  • China, EU settle biggest-ever trade dispute Saturday, 27 Jul 2013 | 4:43 AM ET
    A container ship berths in Qingdao port, east China's Shandong province.

    The European Commission said on Saturday it had agreed a deal to resolve a dispute over alleged Chinese dumping of solar panels in Europe.

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