Asia-Pacific News


  • The Aussie Dollar Is Only Taking a Breather: Chartist Monday, 13 May 2013 | 10:30 PM ET

    The fall of the Aussie below parity against the U.S. dollar may not be the start of a downtrend for this resilient currency.

  • Li Ka-shing Cancels Sale of Hotel Units in Hong Kong Monday, 13 May 2013 | 10:28 PM ET

    Property conglomerate Cheung Kong said on Monday it will cancel sales of hotel units at a Hong Kong project after regulators ruled the deals were unauthorized investments.

  • American Found Dead in Singapore Surfed Suicide Sites Monday, 13 May 2013 | 10:12 PM ET

    A young U.S. engineer found dead in his Singapore flat last year had accessed several websites on suicide and depression, a lawyer for the city state said. The Financial Times reports.

  • What to Expect From Australia's Budget  Monday, 13 May 2013 | 7:11 PM ET

    As markets await Treasurer Wayne Swan to unveil the country's budget later on Tuesday, CNBC's Matthew Taylor investigates why its unlikely for the government to deliver a surplus this year.

  • More Bloomberg Muddle: 10,000 Messages Leaked Monday, 13 May 2013 | 5:14 PM ET

    Thousands of private messages sent between users of Bloomberg's financial terminals have leaked online.

  • Jack Lew's 'Gamble' on Japan  Monday, 13 May 2013 | 11:35 AM ET

    The Treasury's strategy seems to be that the U.S. economy is strong enough to withstand whatever negative impacts that may come from a stronger dollar against the yen, reports CNBC's Steve Liesman.

  • Retailers Sign Bangladesh Factory Safety Agreement Monday, 13 May 2013 | 10:23 AM ET

    The world's two biggest fashion retailers backed an accord aimed at preventing a repeat of last month's collapse of a Bangladesh factory building.

  • 'Cauldron' of Bad Luck Derails Nuclear Power Monday, 13 May 2013 | 8:57 AM ET
    The North Anna Power Station, operated by Dominion Energy, in Mineral, Va.

    Everything seems to have gone wrong for the nuclear industry, which a few years ago was seen as a potential competitor to fossil fuels and was gearing up for a renaissance.

  • New Range Emerges for Gold Monday, 13 May 2013 | 8:41 AM ET

    As gold faces pressure, Rich Ilczyszyn reveals the new levels that will matter to the market.

  • China Shaping Up for a Disappointing Quarter Monday, 13 May 2013 | 5:00 AM ET
    Beijing's Central Business District

    Chinese economic data for April has cast further doubt over the recovery in the world's second largest economy.

  • India's April trade deficit leapt to $17.8 billion on a massive surge in imports of cheaper gold that will increase concerns about the current account deficit in Asia's third largest economy.

  • Weak Yen Remains a Wild Card for Japan's Growth Monday, 13 May 2013 | 3:44 AM ET

    Even as Japan prepares to unveil first quarter GDP figures later this week, experts warn that further falls in the yen – which has been a key reason for the recent optimism in the economy – could pose a risk to future growth.

  • Is the Fed Prepping Markets for the End of QE? Monday, 13 May 2013 | 2:09 AM ET

    If an article in Monday's Wall Street Journal is anything to go by, the U.S. Fed is getting ready to unwind monetary stimulus. That prospect is unlikely to be as alarming for markets as feared, analysts tell CNBC.

  • China Industrial Output Up 9.3%, Misses Forecast Monday, 13 May 2013 | 1:42 AM ET

    China's annual industrial output growth quickened to 9.3 percent in April, recovering from a seven-month low hit in March but still missing market expectations, data showed on Monday.

  • Carson Block: Why We Are Betting Against StanChart Monday, 13 May 2013 | 1:41 AM ET

    Standard Chartered's asset quality is deteriorating and investors are miscalculating risk in the loan book of the British lender, according to Carson Block, founder of U.S.-based short seller Muddy Waters.

  • Bloomberg Reporters Admit to Terminal Snooping Monday, 13 May 2013 | 1:21 AM ET

    The company said at least one reporter gained access to data on Goldman Sachs after complaints were made. The NYT reports.

  • AirAsia's Long Haul Unit Eyes $300 Million IPO Monday, 13 May 2013 | 12:15 AM ET
    Air Asia

    Long-haul carrier AirAsia X, founded by entrepreneur Tony Fernandes, began meeting investors on Monday to gauge interest for an initial public offering in Malaysia Worth up to $300 million.

  • Feeling the Pain—Aussie Dollar Slips Below Parity Sunday, 12 May 2013 | 11:14 PM ET

    What goes up must come down. This is finally holding true for the resilient Australian dollar that has begun to show weakness against the greenback.

  • Taiwan's Tech Sector Runs Into Serious Trouble Sunday, 12 May 2013 | 10:03 PM ET
    Taipei, Taiwan

    Fostering innovation has become a mantra among corporate leaders and government officials alike in Taiwan this year this year because the island's huge consumer electronics industry has run into serious trouble. The New York Times reports.

  • China Sets Tone in Busy Week for Asia Markets Sunday, 12 May 2013 | 8:58 PM ET

    A slew of Chinese economic data on Monday will kick off another busy week for Asian markets as investors try to assess the state of play in the economic giant.

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