Asia-Pacific News


  • It's been a brutal quarter for Asian equity markets that have seen a sharp withdrawal of funds over April-June on concerns over a tapering of the Fed's bond buying program.

  • Latest Data Help Allay Doubts Over Japan's Policies Friday, 28 Jun 2013 | 12:19 AM ET

    If there have been doubts about the effectiveness of Japan's radical economic policies, Friday's flurry of data should help put some of the disquiet to rest, analysts told CNBC.

  • 'Dirty Underside to Doing Business in China:' Starnes Thursday, 27 Jun 2013 | 11:53 PM ET
    Chip Starnes

    American businessman Chip Starnes arrived in New Jersey, on Thursday evening, ending seven days of captivity in a Chinese factory. CNBC met him at the airport for an exclusive interview.

  • Chinese Company Charged for Stealing Trade Secrets Thursday, 27 Jun 2013 | 9:05 PM ET

    Chinese wind turbine maker Sinovel Wind Group Co and two of its employees were charged with stealing trade secrets from U.S.-based AMSC.

  • Myanmar Awards Telco Licences to Foreign Firms Thursday, 27 Jun 2013 | 7:54 PM ET
    Communication Tower

    Norway's Telenor and Qatar's Ooredoo won licences on Thursday to enter the Myanmar market, bringing foreign companies across one of the world's last telecoms frontiers.

  • China Manufacturing – Getting Bad to Worse? Thursday, 27 Jun 2013 | 7:03 PM ET

    China's factory activity is likely to have slowed further in June, official PMI due Monday will show, with one analyst expecting the index to fall into contractionary territory for the first time in nine months.

  • EM Growth Hits Lowest Since Financial Crisis Thursday, 27 Jun 2013 | 10:30 AM ET

    Emerging market growth has slowed to its weakest pace since the financial crisis, research firm Capital Economics said on Thursday.

  • US Boss Held Captive by Workers Leaves China Thursday, 27 Jun 2013 | 4:48 AM ET
    Chip Starnes

    The American businessman who said he was being held hostage by his factory employees in China over a pay dispute has been released.

  • India's Current Account Good News May Be Fleeting Thursday, 27 Jun 2013 | 3:58 AM ET
    Indian Rupees

    India's current account deficit narrowed sharply in Q1, but the rapidly-falling rupee could threaten the balance going ahead, analysts said.

  • China Industrial Profits Jump in May, Beat Forecast Thursday, 27 Jun 2013 | 12:50 AM ET

    China's industrial profits unexpectedly jumped 15.5 percent in May from the same month last year, beating forecasts and helping to support share markets in China.

  • China Cash Rates Ease for a Fifth Straight Day Thursday, 27 Jun 2013 | 12:45 AM ET

    Chinese money market rates extended their moderation into a fifth day on Thursday after the central bank did not drain any cash from the market, and stocks recovered some of their big losses from earlier in the week as investor sentiment steadied.

  • Can Rudd Stop the Rout in the Australia Dollar? Thursday, 27 Jun 2013 | 12:16 AM ET

    The swearing in of Kevin Rudd on Thursday for a second time as Australia's prime minister brought some relief to the Aussie dollar, which hit a one-week high on the news.

  • Is the Nikkei Taking Its Cue From China Markets? Wednesday, 26 Jun 2013 | 10:10 PM ET

    Japan's blue-chip stock index doesn’t usually follow the direction of China’s stock market but that has changed this week as the Shanghai Composite slumped to its lowest level in more than four years.

  • Japan’s Fad-Loving Consumer Threatens Sony’s Sales Wednesday, 26 Jun 2013 | 8:51 PM ET
    Sony's Xperia Z

    Sony's Xperia Z, which went on sale in February, has already sold almost a million units by some estimates. But troubles are foreseen for the tech giant. The NYT reports.

  • Rudd Sworn in as Australian PM, Ousts Gillard Wednesday, 26 Jun 2013 | 8:38 PM ET
    Prime Minister of Australia Julia Gillard with former Prime Minister Kevin Rudd in the background.

    Kevin Rudd was sworn in as Australian prime minister for the second time on Thursday, a day after toppling Julia Gillard and three months out from scheduled elections.

  • How an Election Win by Abe Could Defeat Reforms Wednesday, 26 Jun 2013 | 8:02 PM ET
    Japanese Prime Minister Shinzo Abe

    Pessimists fear that Abe could weaken a commitment to economic reforms if his ruling party gets a decisive win in next month's upper house elections.

  • Reality Will Clobber Japan: Peter Schiff Wednesday, 26 Jun 2013 | 1:25 PM ET
    Prime Minister of Japan Shinzo Abe

    For Peter Schiff, the Japanese Nikkei is like tech stocks in the nineties—but worse.

  • US Boss Held by Workers Calls China 'Wild West' Wednesday, 26 Jun 2013 | 12:28 PM ET
    Chip Starnes

    The U.S. businessman who says he's being held hostage by his employees in China over a pay dispute told CNBC he hopes "pretty good negotiations" will bring his captivity to an end.

  • As Asia Rises, US Seen Arming Less of the World Wednesday, 26 Jun 2013 | 10:16 AM ET
    A General Dynamics (Lockheed Martin) F-16 Fighting Falcon undergoes testing in the United States prior to delivery to the Pakistan Air Force.

    The United States remains the largest player in global defense, but that dominance is expected to wane over the next eight years, according to analysis by IHS Jane's Defence.

  • Will the Reprieve for China’s Lenders Last? Wednesday, 26 Jun 2013 | 1:16 AM ET
    Chinese yuan coins on China's flag

    China's central bank says it is ready to help out local lenders suffering under tight credit conditions, but that doesn't mean the reprieve for banks will last long, analysts say.

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