Asia-Pacific News


  • A couple walks past upturned vehicles sitting on a wall in the city of Miyako

    Almost two weeks since an earthquake and tsunami devastated a large part of Japan and forced Japanese automakers to shut down their plants, there's a growing panic with American car buyers.

  • Yoshikami: How to Outsmart Global Crises! Wednesday, 23 Mar 2011 | 11:06 AM ET

    There is no shortage of challenges facing the world today and many investors are frozen waiting for clarity in these times of uncertainty. The problem is, in all likelihood, the world will not settle down any time soon and we will surely continue to see geopolitical shifts and unrest plaguing the investment world. So what are investors to do?

  • Japan Crisis Won't Derail ECB Rate Plans: Official Wednesday, 23 Mar 2011 | 9:33 AM ET
    Jean-Claude Trichet

    The crisis in Japan following the devastating earthquake and tsunami that killed thousands of people will not have an effect on the European Central Bank's interest rate policy, Manfred Schepers, vice-president finance and chief financial officer for the European Bank for Reconstruction and Development, told CNBC.

  • Diplomas, and an Uncertain Future, for Japanese Pupils Wednesday, 23 Mar 2011 | 2:21 AM ET
    A school pupil receives a graduation certificate during the graduation ceremony at Takkon Elementary School on March 22, 2011 in Ofunato, Iwate, Japan. The 9.0 magnitude strong earthquake struck offshore on March 11 at 2:46pm local time, triggering a tsunami wave of up to ten metres which engulfed large parts of north-eastern Japan, and also damaging the Fukushima nuclear plant and threatening a nuclear catastrophe. The death toll continues to rise with numbers of dead and missing exceeding 20,0

    Schools in Japan begin class in April and hold graduation ceremonies in March; like spring, they represent renewal and rebirth. On Tuesday morning, in a school meeting hall in the tsunami-ravaged seaport of Kesennuma, it became something else: an act of defiance. The NYT reports.

  • Employees of the Chernobyl Nuclear Power Plant walk outside of the destroyed 4th block of the plant on February 24, 2011 ahead of the 25th anniversary of the meltdown of reactor number four due to be marked on April 26, 2011. Ukraine said early this year it will lift restrictions on tourism around the Chernobyl nuclear power plant, formally opening the scene of the world's worst nuclear accident to visitors. Chernobyl's number-four reactor, in what was then the Soviet Union and now Ukraine, expl

    It was truly a trial by fire — one that has now become part of Russia’s nuclear marketing message.  How Chernobyl made Russia the most safety-conscious nuclear proponent. The NYT reports.

  • Investors Bet on Fertilizer Plays as Food, Oil Spike Tuesday, 22 Mar 2011 | 9:42 PM ET

    Portfolio managers have found a way to ride the increase in inflation, they are looking at fertilizer plays to hedge against higher oil and food costs.

  • Charting Asia | Hang Seng Index Tuesday, 22 Mar 2011 | 8:23 PM ET
  • This is a transcript of top stories presented by China's CCTV Business Channel as produced by CNBC Asia Pacific.

  • Japan's Road to Recovery     Tuesday, 22 Mar 2011 | 1:43 PM ET

    CNBC's Jane Wells takes a look at the hot topics surrounding the recovery and rebuilding of Japan, from ConExpo, one of the world's largest construction, mining and agricultural equipment shows.

  • Halftime: 4 Market Movers to Watch Tuesday, 22 Mar 2011 | 1:30 PM ET

    Why the "Fast Money" traders are monitoring these market moving stocks.

  • Buffett Looking at Investing in India, Large Countries Tuesday, 22 Mar 2011 | 12:31 PM ET
    Mumbai, India

    Billionaire Warren Buffett on Tuesday said he is looking to invest in large countries like India, China and Brazil, but added that restrictions on foreign ownership in India's insurance industry could act as a deterrent in the sector.

  • Johnson: Why Do Bubbles Burst? Tuesday, 22 Mar 2011 | 10:38 AM ET
    Vegas Homes

    The financial markets have spent the last two years uncharacteristically civil, dismissing massive government deficits and loose monetary policy as innocuous byproducts of the economic recovery. Our timeless dance with capital, however, is occasionally contaminated with greed and mismanagement, causing pronounced speculations that increase prices beyond any reasonable measure of value, thereby causing a bubble.

  • Yoshikami: Yen Exchange Rate Matters for Japan Tuesday, 22 Mar 2011 | 9:31 AM ET
    A factory building has collapsed in Sukagawa city, Fukushima prefecture, in northern Japan. A massive 8.9-magnitude earthquake shook Japan, unleashing a powerful tsunami that sent ships crashing into the shore and carried cars through the streets of coastal towns.

    The G7 intervened to weaken the Yen last Friday in an attempt to stabilize the Japanese currency’s dramatic rise since the catastrophic earthquake, tsunami, and nuclear disaster. Europe’s central banks, the Federal Reserve and the Bank of Canada followed the Bank of Japan’s Yen sales, pushing it down against the US dollar.

  • Natural Gas Now Viewed as Safer Bet Tuesday, 22 Mar 2011 | 4:41 AM ET
    Natural Gas

    Natural gas may be having its day, as its rival energy sources come under a cloud. The serious problems at the nuclear power plant in Japan have raised new doubts about the safety of nuclear energy the New York Times reports.

  • India Fashion Week 2011 Monday, 21 Mar 2011 | 9:29 PM ET
    Models display creations during the Gennext Designers show at the opening of the Summer Resort 2011 Lakme Fashion Week in Mumbai on March 11, 2011. AFP PHOTO/STR (Photo credit should read STRDEL/AFP/Getty Images)

    The 2011 edition of India’s annual show-stopper the Lakme Fashion Week Summer/Resort ended last week in the entertainment capital of Mumbai. Check out the highlights!

  • Japan's Nuclear Crisis Turns the Corner Monday, 21 Mar 2011 | 6:41 PM ET

    This is a transcript of top stories presented by China's CCTV Business Channel as produced by CNBC Asia Pacific.

  • Crises in Japan Ripple Across Global Economy Monday, 21 Mar 2011 | 5:27 AM ET
    80-year-old Sumi Abe is rescued from her destroyed house nine days after the 9.0 magnitude earthquake and tsunami on March 20, 2011 in Ishinomaki, Miyagi, Japan.

    In the wake of Japan’s cascading disasters, signs of economic loss can be found in many corners of the globe, from Sendai, on the battered Japanese coast, to Paris to Marion, Ark., reports the New York Times.

  • 5 Questions with Milo's Knitwear International MD Monday, 21 Mar 2011 | 1:55 AM ET

    Willy Lin, MD of Milo’s Knitwear International, which supplies knitwear to high-end European labels, plans to move all production to China. He tells Managing Asia how he is weaving together a strategy that will last for generations.

  • China's Shrinking Labor Pool Creating 'Spoilt' Workers Monday, 21 Mar 2011 | 12:08 AM ET

    "Mama Mia," the GM of an Italian company lamented to me over lunch in Shanghai, "The corruption I can deal with, but human resource issues are driving me insane.  Workers are too short-term focused – 50 percent leave within two months no matter how much money and training we give."

  • G7 Nations Intervene to Curb Yen's Rise Sunday, 20 Mar 2011 | 11:33 PM ET

    This is a transcript of top stories presented by China's CCTV Business Channel as produced by CNBC Asia Pacific.

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