Asia-Pacific News


  • Currency Wars Come to Moscow as G-20 Meets Thursday, 14 Feb 2013 | 7:29 PM ET

    'Currency wars' will come to Moscow on Friday as finance officials from the Group of 20 nations spar over Japan's expansive policies that have driven down the value of the yen.

  • ANZ Q1 Profit Up 6.2% on Strong Global Markets Thursday, 14 Feb 2013 | 6:29 PM ET

    Australia and New Zealand Banking Corp, the country's fourth-largest bank, posted a 6.2 percent rise in first quarter earnings on Friday, boosted by strong global markets and Australian retail banking.

  • Why You Should Buy Rio Tinto at $64 a Share     Thursday, 14 Feb 2013 | 5:45 PM ET

    Jonathan Barratt, Founder, Barratt's Bulletin discusses if Rio Tinto's cost-cuts are achievable. He explains why $64 and below is a good buying point for Rio's stock.

  • Parents may find themselves wishing they could check-in their toddlers when it comes to travel. CNBC's Sri Jegarajah explores the child-friendly concept airline by design firm RKS that promises a hassle-free journey.

  • Rio Tinto Posts Annual Loss; New CEO Vows to Cut Costs Thursday, 14 Feb 2013 | 6:45 AM ET

    Rio Tinto's new chief flagged he would slash costs, spend capital more carefully and focus on shareholder value after the world's no.3 miner reported a $3 billion loss, its first ever full-year loss.

  • Soros Fund Bets Against Yen, Makes $1 Billion: Report Thursday, 14 Feb 2013 | 5:49 AM ET

    U.S. hedge fund investor George Soros has gained about $1 billion betting against the yen, the Wall Street Journal reported, citing people with knowledge of the firm's position.

  • India's headline inflation rate moderated to its lowest level in more than three years in January, helped by a slower rise in fuel and manufactured goods prices.

  • Is Asia's IPO Market Getting Its Mojo Back? Thursday, 14 Feb 2013 | 2:20 AM ET

    Shares in Japan Prologis REIT, a real estate investment trust set up by the world's largest owner of industrial buildings, soared more than 20 percent in their Tokyo market debut on Thursday. The strong start for the $1 billion initial public offering (IPO) is a sign that Asia's IPO market is getting its buzz back, analysts say.

  • Soccer Fixing Probe Hinges on a Shadowy Singaporean Thursday, 14 Feb 2013 | 1:43 AM ET

    Italy's top three leagues and 680 matches worldwide are considered suspicious by European law enforcement. Investigators believe a man from Singapore named Tan Seet Eng is a common link in many of them. The New York Times reports.

  • Why You Should Look Past Japan's GDP Miss Thursday, 14 Feb 2013 | 1:42 AM ET

    Japan's economy contracted again in the final three months of last year, highlighting that the world's third biggest economy remains in recession. Still, analysts argue it's the outlook that investors should pay attention to.

  • Central Banks Bought Most Gold in Nearly 50 Years Thursday, 14 Feb 2013 | 1:00 AM ET

    Central banks scooped up more gold in 2012 than they have annually in nearly half a century as they sought to diversify reserves, the World Gold Council (WGC) said on Thursday.

  • SingTel CEO Warns of More Jobs Cuts at Optus Unit Thursday, 14 Feb 2013 | 12:15 AM ET

    Singapore Telecommunications (SingTel) isn't ruling out additional job cuts at its Australian operation Optus in an effort to drive down costs after slashing headcount by almost 10 percent over the last nine months.

  • BOJ Keeps Policy Steady, Ups Economic Outlook Wednesday, 13 Feb 2013 | 10:48 PM ET
    Bank of Japan headquarters in Tokyo, Japan

    The Bank of Japan kept monetary policy steady and raised its assessment of the economy on Thursday, as the yen's recent declines offered some relief to the export-reliant economy.

  • While world leaders reacted with shock and anger to Tuesday's nuclear test, Pyongyang's third and most powerful to date, the top item searched on South Korean Internet portals was a monthly cosmetics sale by local brand Innisfree.

  • As Rupiah Declines, Indonesia Moves to Prevent Panic Wednesday, 13 Feb 2013 | 9:07 PM ET

    Indonesia's central bank is gradually closing trading loopholes used by global investors in an attempt to exert more control over its weakening currency and prevent a desirable depreciation of the rupiah from turning into a panicky tailspin.

  • Why ‘Abenomics’ Has This Billion Dollar IPO Excited Wednesday, 13 Feb 2013 | 8:36 PM ET
    Japan's Prime Minister Shinzo Abe

    As Japan's Prologis REIT, a real estate trust, makes its debut on the Tokyo Stock Exchange on Thursday, Prologis CEO tells CNBC that he is excited about the radical economic policies of Japan's new Prime Minister Shinzo Abe.

  • Hedge Funds Made Billions Betting Against Yen Wednesday, 13 Feb 2013 | 8:34 PM ET

    Some of the giants of the hedge fund world have made billions betting against the yen in recent months, marking a return to form for some blue-blood investors that stumbled after the financial crisis. The Financial Times reports.

  • Bank of Korea Governor Kim Choong-Soo

    South Korea's central bank held interest rates steady for a fourth straight month on Thursday, in line with with market expectations.

  • Japan Still in Recession, but Pickup Likely This Year Wednesday, 13 Feb 2013 | 6:57 PM ET

    Japan's economy contracted for the third consecutive quarter in October-December, showing the country is struggling to escape from a mild recession.

  • Southeast Asia's Biggest Telco Posts Profit Miss Wednesday, 13 Feb 2013 | 6:57 PM ET

    Singapore Telecommunications, Southeast Asia's largest telecom operator, reported on Thursday a worse-than-expected 8.3 percent fall in third quarter net profit and reiterated its forecast for a fall in revenues this year.

Contact Asia-Pacific News


    Get the best of CNBC in your inbox

    › Learn More

Asia Video