Asia-Pacific News


  • North Korea Surrenders to Foreign Currency Invasion Sunday, 2 Jun 2013 | 8:54 PM ET

    Chinese currency and U.S. dollars are being used more widely than ever in North Korea instead of the country's own money, a testament as to how much Kim Jung-un has lost control over the economy.

  • Foreign Investors Still Barred from This, in China Sunday, 2 Jun 2013 | 8:20 PM ET

    Ms. Wang, considered to be the richest woman in Asia and a flamboyant figure, faced an obstacle: Foreigners were barred from holding stakes in Chinese financial institutions.

  • Will It Be Hit or Miss for Abe's Final Arrow? Sunday, 2 Jun 2013 | 7:18 PM ET

    There has been a certain buzz around Japan since Prime Minister Shinzo Abe promised radical change. Whether that will last or fizzle out will depend on what long-term strategy Abe outlines this week.

  • India's Tech Giant Recalls Founder to Trouble Shoot Sunday, 2 Jun 2013 | 12:20 AM ET

    India's No. 2 IT services firm Infosys grappling with disappointing results and loss of market share, has recalled founder and former chairman N.R. Narayana Murthy to act as executive chairman for five years.

  • China's May Factory Activity Stronger Than Expected Saturday, 1 Jun 2013 | 12:01 AM ET

    China's official PMI rose to 50.8 in May from 50.6 in April, data showed on Saturday, beating market expectations and raising optimism for the world's second-largest economy.

  • S. Korea Suspends Imports on 'Frankenwheat' Fears Friday, 31 May 2013 | 12:50 PM ET

    South Korean millers suspended imports of U.S. wheat on Friday after the discovery of an unapproved strain of genetically modified wheat.

  • Apple Joins Other Brands in Hiking Prices in Japan Friday, 31 May 2013 | 7:08 AM ET
    Customers at the Apple flagship store in New York City.

    Apple hiked prices in Japan, becoming the latest brand to foreign firms asking Japanese consumers to pay more as a weakening yen squeezes income.

  • Mandarin the New Language of Private Banking? Friday, 31 May 2013 | 12:39 AM ET

    With so many super rich in Chinese-speaking countries, many have begun to speculate about a shift from the usual English or German to Mandarin.

  • One Surprising Factor Driving Inflation in Japan Friday, 31 May 2013 | 12:25 AM ET

    Consumer prices in Tokyo rose for the first time since 2009 in May and televisions were the factors behind the surprise inflation.

  • China Stocks—May's Best Performers Friday, 31 May 2013 | 12:04 AM ET

    Asia's infamous stock market laggard seems to have regained a little swagger in May. Even as most major global markets managed to shake off the "sell-in-May" syndrome, it's China that's taken the lead position in the gains.

  • Myanmar: The Next Austria? Thursday, 30 May 2013 | 11:53 PM ET

    Myanmar could be the next Austria, according to Aung Tun Thet, a member of President Thein Sein's National Economic and Social Advisory Council.

  • Can Global Markets Shake Off the Nikkei Jitters? Thursday, 30 May 2013 | 11:08 PM ET

    Japan's blue-chip stock index has in May suffered its two sharpest sell-offs for the year and its high volatility is fueling concern about a spill over into other major markets.

  • How South Koreans Show Loyalty to Their Companies Thursday, 30 May 2013 | 10:43 PM ET

    In South Korea, pressuring employees to buy their own company's products as a way of boosting sales and manipulating profits remains a fairly common practice. The GlobalPost reports.

  • Chinese Tourists Behaving Badly Thursday, 30 May 2013 | 10:40 PM ET

    Chinese tourists have recently found themselves at the center of controversy and anger over poor etiquette abroad.

  • Intel Scores Major Win in Samsung Galaxy Tablet Thursday, 30 May 2013 | 10:25 PM ET

    Samsung Electronics has chosen an Intel processor to power a new version of one of its top-tier Android tablets, in a major victory for the U.S. chipmaker.

  • No Quick Fix for India's Moribund Economy Thursday, 30 May 2013 | 10:14 PM ET

    India's economic growth remained stuck around a near four-year low in the March quarter, data on Friday will likely show, compounding the government's woes as it heads into a busy election period.

  • Who Knew Pork Could Be a National Security Problem? Thursday, 30 May 2013 | 10:02 PM ET

    A Chinese meat producer’s $4.7 billion acquisition of Smithfield Foods is subject to a national security review, which is no picnic given American anxiety about China. The NYT reports.

  • Asia Drives World Private Wealth to Record Levels Thursday, 30 May 2013 | 9:30 PM ET

    There are more millionaires and "super rich" people than ever before as the rapid growth in Asia's emerging markets propels private wealth to record levels. The Financial Times reports.

  • Japan's Deflation Abates, Industrial Output Picks Up Thursday, 30 May 2013 | 8:56 PM ET

    Japan's deflation abated slightly in April and factory output picked up as a weaker yen and firmer overseas demand boosted growth, boding well for Prime Minister Shinzo Abe's efforts to shake the economy out of stagnation.

  • Sony Board Will Review Loeb Spinoff Proposal: CEO Thursday, 30 May 2013 | 5:36 PM ET

    The Sony board will examine activist investor Dan Loeb's proposal to spin off part of the entertainment business, CEO Kazuo Hirai told CNBC.

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