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  • Australian Prime Minister Julia Gillard

    One thing is already clear about Australia's unprecedented eight-month election campaign: it won't be a popularity contest. Prime Minister Julia Gillard, regularly described on talkback radio and in conservative media as untrustworthy and desperately clinging to power, is set to be trounced in the September election if opinion polls are to be believed.

  • Southeast Asia's Biggest Lender Misses in Earnings Tuesday, 5 Feb 2013 | 7:19 PM ET

    DBS Group Holdings, Southeast Asia's biggest lender, posted an 11 percent rise in core fourth-quarter net profit on Wednesday after a drop in bad debt charges but missed expectations due to weak margins.

  • Disputed set of islands in East China Sea, referred to as Senkaku or Diaoyu islands.

    A Chinese navy vessel aimed a type of radar normally used to aim weapons at a target at a Japanese navy ship in the East China Sea, prompting Japan to protest, Japan's defense minister said on Tuesday, an action that could complicate efforts to cool tension in a territorial row between the rivals.

  • China OKs Sweeping Tax Reforms to Tackle Inequality Tuesday, 5 Feb 2013 | 6:04 PM ET

    China unveiled sweeping tax reforms on Tuesday to make wealthy state-owned firms, property speculators and the rich pay more to narrow a yawning gap between an urban elite and hundreds of millions of rural poor.

  • Jim O'Neill

    Jim O'Neill, the chairman of Goldman Sachs Group's asset management division who coined the popular term "BRIC" to refer to four fast-growing emerging markets, will retire later this year, according to an internal memo.

  • KFC parent Yum Brands on Tuesday said time, not ad spending, is the cure for a steep sales decline in China that was sparked by a food safety scare.

  • Indonesia Defies Weak Exports to Post Robust Growth Tuesday, 5 Feb 2013 | 1:33 AM ET
    Jakarta

    Indonesia reported marginally lower-than-expected economic growth of 6.23 percent in 2012, a year in which robust domestic demand and investment outweighed declining exports and a trade deficit that put pressure on the country's currency.

  • Toyota Shares Surge Past 4-Year Highs After Earnings Tuesday, 5 Feb 2013 | 1:22 AM ET

    Toyota Motor raised its annual net profit forecast by more than 10 percent to 860 billion yen ($9.3 billion) on strong sales of the Camry sedan and other vehicles in its biggest market the United States, as well as the yen's drop.

  • Watch the Dollar—It Could Trigger the Next Crisis Tuesday, 5 Feb 2013 | 1:17 AM ET

    Expectations of an end to ultra-easy U.S. monetary policy are likely to set in during the second-half of 2013, triggering a bull run in the dollar, says independent economist Andy Xie. And this, he argues, could lead to a “crisis” in emerging markets as hot money inflows unwind.

  • Activity in India's service sector expanded at the fastest pace in a year last month, driven by rising foreign orders, but businesses were a little less optimistic about the future, a survey showed on Tuesday.

  • Oil Bulls Remain in Charge for Now Monday, 4 Feb 2013 | 11:17 PM ET

    Benchmark oil prices are poised to make fresh multi-month highs this week amid improved economic data in the U.S. and China, according to CNBC's latest survey of market sentiment. However, a minority of the trade are questioning the rally, arguing the move higher is overdone and Monday's pullback in prices may deepen.

  • Australia Leaves Interest Rates Unchanged at 3% Monday, 4 Feb 2013 | 10:36 PM ET

    Australia's central bank held its main cash rate at a record low of 3.0 percent on Tuesday, as expected, but left the door wide open for further easing if necessary to support the economy.

  • Videos are the way forward as China's younger generation "gives up" on TV, the CEO of Sohu.com, which runs one of the country's most popular online video site, told CNBC on Tuesday.

  • New Loans at Major Chinese Banks Surge 50% Monday, 4 Feb 2013 | 9:21 PM ET

    China's four largest banks extended 370 billion yuan ($59.4 billion) of new loans in January, up from 320 billion yuan in the same period last year, the official China Securities Journal reported on Tuesday.

  • Baidu Posts Slowest Profit Growth Since 2009 Monday, 4 Feb 2013 | 6:49 PM ET

    Baidu, China's largest search engine company, reported its slowest profit growth since 2009, as competition in the sector heats up and more users switch to mobile search.

  • Hitachi Shares Tumble After Gloomy Profit Forecast Monday, 4 Feb 2013 | 6:28 PM ET

    Japan's Hitachi cut its full-year profit outlook by about 13 percent on Monday to 420 billion yen ($4.5 billion), citing a weak economic recovery in Europe and a slowdown in emerging markets.

  • Workers distribute packs at an express company in November  in Wuhan, China. Tmall.com and Taobao.com are China's biggest online shopping sites of Chinese e-commerce giant Alibaba Group Holding.

    Chinese entrepreneur went around government suspension on IPO by offering his shares through a shopping website and pulled in a total of 1.2 million yuan ($192,700)

  • Where Other Asian Countries See the Yen Monday, 4 Feb 2013 | 4:14 PM ET
    Japan's Prime Minister Shinzo Abe

    Almost none of Japan's neighbors think there is a fundamental case for a weaker dollar against the yen, this expert says.

  • Probe Finds Suspected Fixing in Soccer Matches Monday, 4 Feb 2013 | 10:28 AM ET
    Director of Europol Rob Wainwright.

    Criminal organizations have infiltrated the highest levels of soccer, threatening the integrity of the sport, law enforcement officials said Monday.

  • Will Australia Deliver a Surprise Rate Cut? Sunday, 3 Feb 2013 | 10:26 PM ET
    Syndney, Australia

    Australia's central bank, which holds its first policy meeting of the year on Tuesday, could use the opportunity to deliver a surprise interest-rate cut to underpin the economy and dent the appeal of the robust Aussie dollar, strategists told CNBC.

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