Asia-Pacific News


  • Affordable Art For Everyone?     Thursday, 14 Mar 2013 | 9:50 PM ET
    FILE - This undated photo provided by Sotheby's shows "The Scream" by Norwegian painter Edvard Munch. The work, which dates from 1895 and is one of four versions of the composition, will lead Sotheby's Impressionist & Modern Art Evening Sale in New York on May 2, 2012. (AP Photo/Sotheby's, File)

    Hong Kong plays host to a different type of art fair this weekend - one aimed at regular folks.

  • 'Abenomics’ Is Going to Fail: Mr. Yen Thursday, 14 Mar 2013 | 9:40 PM ET

    "Abenomics" will not be able to achieve the two percent inflation target in Japan, Eisuke Sakakibara, former vice finance minister of Japan told CNBC on Friday.

  • Japan Parliament Approves Kuroda as BOJ Governor Thursday, 14 Mar 2013 | 9:11 PM ET

    Japan's parliament approved Haruhiko Kuroda as the Bank of Japan's next governor on Friday, setting the stage for the central bank to embark on more vigorous monetary easing once the new chief takes over next week.

  • This Week's Winners and Losers     Thursday, 14 Mar 2013 | 8:40 PM ET

    CNBC's Asia Squawk Box recaps what made headlines this past week

  • Prudential Taps Asia's Growth Potential     Thursday, 14 Mar 2013 | 8:10 PM ET

    Barry Stowe, CEO, Asia at Prudential talks about the company's growth strategy in Asia. He says the regional markets are growing so quickly that penetration rates fall sometimes.

  • Samsung Takes on Apple With New Galaxy S4 Thursday, 14 Mar 2013 | 7:53 PM ET
    A Samsung employee displays the Samsung Galaxy S IV for a photo March 14, 2013 in New York City.

    Samsung has unveiled the Galaxy S4, a phone that allows users to scroll with their eyes and navigate the screen without touching it.

  • China's Latest Medium to Expose Corruption     Thursday, 14 Mar 2013 | 7:40 PM ET

    China is increasingly using social media sites like Weibo, China's version of Twitter, as a de-facto townhall to expose wrongdoing and debate social issues. CNBC's Eunice Yoon has more.

  • Obama, China's Xi Discuss Cybersecurity in Phone Call Thursday, 14 Mar 2013 | 7:20 PM ET

    President Barack Obama has taken mounting U.S. concerns about computer hacking straight to China's new president.

  • Rusal CEO: 'Last Act of Drama' in Commodities Thursday, 14 Mar 2013 | 1:37 PM ET

    Oleg Deripaska, the CEO of the world's largest aluminum company Rusal said global commodity producers need to cut output by up to 10 percent.

  • China Bowing to Public Outcry Over Pollution: Advocate Thursday, 14 Mar 2013 | 10:27 AM ET

    Rapid development at the expense of China's natural environment has become a major cause for discontent in the world's second largest economy, but now the government is finally bowing to public outcry, says a leading environmentalist.

  • Honda to Recall 250,000 Vehicles for Braking Problems Thursday, 14 Mar 2013 | 9:24 AM ET
    This undated image made available by Honda shows the 2013 Acura ILX 2.0L. (AP Photo/Honda)

    Honda Motor will recall nearly 250,000 vehicles globally, including some Acura MDX crossover SUVs, due to braking problems, the automaker said.

  • Are Global Central Banks Manipulating Gold? Thursday, 14 Mar 2013 | 4:17 AM ET

    Gold prices are being kept artificially low by Western Central Banks and "no one alive" has ever seen the true price of gold, according to the Secretary of the Gold Anti-Trust Action Committee (GATA).

  • Will Xi Be Able to Deliver on People’s High Hopes? Thursday, 14 Mar 2013 | 4:04 AM ET
    Chinese Communist Party President Xi Jinping.

    Despite Xi Jinping's signal to reform, many experts are skeptical if the son of a revolutionary hero will be able to push for radical change.

  • Indian Inflation Picks Up, but Rate Cut Bets Unchanged Thursday, 14 Mar 2013 | 3:22 AM ET

    India's headline inflation picked up in February on higher fuel costs but another measure of price pressures cooled, reinforcing expectations that the central bank will deliver a rate cut.

  • Emerging Markets Being Left Out of Global Rally Thursday, 14 Mar 2013 | 2:57 AM ET

    Emerging markets appear to be losing out as investors pile into developed markets on hopes of better economic conditions.

  • China's Colossal Credit Bubble a Big Risk: Marc Faber Thursday, 14 Mar 2013 | 2:21 AM ET
    A woman sits at a securities exchange in Huaibei, central China's Anhui province.

    The next major risk for investors is China's "colossal credit bubble, " Marc Faber, editor and publisher of The Gloom, Boom & Doom Report told CNBC on Thursday.

  • In China, New Leadership Brings New Set of Problems Thursday, 14 Mar 2013 | 2:05 AM ET
    China's newly-elected President Xi Jinping (R) talks with former President Hu Jintao (L) during the fourth plenary meeting of the National People's Congress at the Great Hall of the People in Beijing.

    Xi Jinping is officially China's new president, ending a once-in-a-decade transition of power that began last November. Much has happened since then, highlighting the challenges the new leadership team now face.

  • China’s Reform-Minded Stocks Regulator Loses Job Thursday, 14 Mar 2013 | 1:35 AM ET
    Chinese stock investors monitor their share prices at a stock brokerage firm.

    China's top securities regulator, Guo Shuqing, will be moved from his post soon and take over as governor of eastern Shandong province, a shift prompted partly because his market reform drive has upset vested interests.

  • Philippines Is Running Out of Monetary Bullets Thursday, 14 Mar 2013 | 1:08 AM ET

    The Philippine central bank has cleaned out its coffers over the past year, spending billions of pesos to shield its currency and economy from the impact of large inflows of foreign money.

  • McDonald's Gives Away a Million McMuffins in China Wednesday, 13 Mar 2013 | 11:56 PM ET

    McDonald's will give away more than a million breakfast McMuffins across China on Monday, a few days after Chinese state television airs its annual expose on corporate malpractice to mark World Consumer Rights Day.

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