Asia-Pacific News


  • Chris Powell, Secretary at Gold Anti-Trust Action Committee, claims that Western central banks are manipulating gold markets in order to rig currency markets.

  • Can China's New President Deliver Reforms?     Wednesday, 13 Mar 2013 | 7:17 PM ET

    As China's new president Xi Jinping is officially voted into power, CNBC's Eunice Yoon takes a look at his path to reform.

  • Expect the New Samsung Galaxy to Look Familiar Wednesday, 13 Mar 2013 | 2:59 PM ET

    Don't expect a striking new look for Samsung's latest Galaxy smartphone. Here's what to look for on the inside.

  • Crumbling BRICs: Why You're Better Off Elsewhere Wednesday, 13 Mar 2013 | 1:04 PM ET

    Brazil, Russia, India and China have been seen as the collective pillar of emerging market growth. But signs indicate that investors are now looking elsewhere.

  • Apple vs. Samsung—Size Matters: Blodget Wednesday, 13 Mar 2013 | 10:27 AM ET
    People walk by the entrance to the Samsung Electronics Co. showroom at its headquarters in Seoul, South Korea, Friday, Aug. 31, 2012. The Tokyo District Court on Friday dismissed Apple Inc.'s claim that Samsung had infringed on its patent - the latest ruling in the global legal battle over smartphones that pits the two technology titans against each other. (AP Photo/Lee Jin-man)

    Apple may be "leapfrogged" on Thursday when Samsung unveils the next generation of its flagship Galaxy smartphone, Business Insider's Henry Blodget told CNBC.

  • China Central Bank Warns on Inflation, Pledges Reform Wednesday, 13 Mar 2013 | 9:11 AM ET

    China must stabilize inflation expectations, the head of the People's Bank of China said on Wednesday, vowing to vigilantly manage the risks of rising prices.

  • Cool Things Your Smartphone Will Soon Do Wednesday, 13 Mar 2013 | 7:22 AM ET
    Cooltra scooter as seen in the GSMA Connected City

    A phone that can make you coffee? Hitch you a ride? Here are 10 of the coolest things your smartphone will soon do.

  • Prudential: We Can Withstand Two Depressions Wednesday, 13 Mar 2013 | 4:23 AM ET
    A pedestrian passes the Prudential Plc company logo, on display outside the company's headquarters in London, U.K., on Wednesday, Aug. 3, 2011.

    The CEO of Britain's largest insurer told CNBC that continued strong profits and credit reserves would enable the company to withstand two severe depressions.

  • Investors Flee South Korea as War Threat Looms Wednesday, 13 Mar 2013 | 3:48 AM ET

    Increasing tensions with North Korea, a strengthening won versus the yen and weak economic growth - things are not looking great for South Korean equities, the second worst performing stock market in Asia this year.

  • Cathay Pacific's Second Half Profit Plunges 83% Wednesday, 13 Mar 2013 | 2:01 AM ET

    Cathay Pacific Airways, the world's largest international air cargo carrier, returned to profit in the second half of 2012 but still underperformed ending the year with a huge drop in full year net profit.

  • Think Gold Slump Is Bad? Bullion Stocks Way Worse Wednesday, 13 Mar 2013 | 1:56 AM ET

    While gold is down about 4 percent since the start of the year, this is just a small fraction of the losses seen in the shares of gold miners.

  • Android Tablet Shipments Will Top iPad This Year Wednesday, 13 Mar 2013 | 12:55 AM ET

    Shipments of tablets running Google's Android will overtake the iPad this year for the first time, the IDC predicted.

  • NAB Unveils Plan to Save $825 Million a Year Wednesday, 13 Mar 2013 | 12:27 AM ET

    National Australia Bank, Australia's largest bank by assets, said it would not engage in a "desperate fire sale" of its UK unit, as it announced restructuring plans to save up to A$800 million ($825 million) a year.

  • Singapore Police to Share Death Evidence With FBI Wednesday, 13 Mar 2013 | 12:03 AM ET

    Singapore's police have pledged to share with the FBI evidence they collected in the death of Shane Todd, an American engineer found hanged in his Singapore apartment in June, Singaporean foreign minister, K. Shanmugam, said on Tuesday.

  • Is AirAsia a Game Changer for Indian Aviation? Tuesday, 12 Mar 2013 | 11:37 PM ET
    Tony Fernandes, chief executive officer of AirAsia.

    While it might be some time before AirAsia starts flying in India, the near $15 million deal that gives the budget carrier a 49 percent stake in a new Indian airline is restoring confidence in the turbulent sector.

  • Silicon Valley to Bash India Over Market Access Tuesday, 12 Mar 2013 | 11:27 PM ET

    A lobby group representing US technology companies is set to attack India for its domestic procurement policies at a congressional hearing Wednesday, in a sign of growing concern among multinationals about market access in the south Asian nation. The Financial Times reports.

  • 'Abenomics' Comes at Expense of Silver Savers Tuesday, 12 Mar 2013 | 10:10 PM ET

    The "reflationary" policies of Japan's Prime Minister Shinzo Abe may be just what the economy needs, but it will come at the expense of Japan's fastest-growing demographic group: its so-called "silver savers.

  • BHP Faces Questions Over Olympics Hospitality Tuesday, 12 Mar 2013 | 9:05 PM ET

    BHP Billiton Ltd said authorities had asked it about its sponsorship of the 2008 Beijing Olympics and said it had complied with all applicable laws, after media reported it was facing an investigation.

  • China's Rising Environmental Challenge     Tuesday, 12 Mar 2013 | 8:45 PM ET

    Fears in China are rife that pollution is out of control after 6,000 dead pigs were cleared from a Shanghai river.

  • Is This Chinese Firm Just Too Big to Fail? Tuesday, 12 Mar 2013 | 8:19 PM ET

    Cash-strapped Chinese solar panel maker Suntech Power is likely to be bailed out by the state, despite a temporary reprieve from some debt holders, as it struggles to cover a $541 million convertible bond.

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