Asia-Pacific News


  • Indian Unions Prepare to Strike, Could Cost Billions Tuesday, 19 Feb 2013 | 6:24 PM ET

    Major Indian trade unions have called for a two-day strike starting on Wednesday, as the beleaguered government prepares to present an austerity budget to parliament.

  • Kloppers: BHP's Strategy Won't Change     Tuesday, 19 Feb 2013 | 6:20 PM ET

    Marius Kloppers, outgoing CEO of BHP Billiton reassures shareholders at a Sydney press conference that the world's biggest miner won't change tack after shocking investors by announcing Kloppers' retirement in May.

  • GE Executive: We Get Hacked All the Time     Tuesday, 19 Feb 2013 | 6:15 PM ET

    John Rice, Vice Chairman & CEO of Global Growth Operations at General Electric Company, tells CNBC how cyber attacks remain a regular phenomenon amongst corporates.

  • BHP Billiton Names New CEO as Profit Slumps Tuesday, 19 Feb 2013 | 6:03 PM ET

    Global miner BHP Billiton appointed the head of its non-ferrous business as its new chief executive on Wednesday to replace Marius Kloppers.

  • China's Hacking Defense Is 'Hard to Believe': Expert Tuesday, 19 Feb 2013 | 12:48 PM ET
    A building in a Shanghai suburb that is reportedly a center of cyberespionage.

    It's highly unlikely that the Chinese government was not at least aware of the cyber attacks that targeted U.S. companies, organizations and government entities, one security expert said.

  • Hilton Tokyo Narita Airport

    The Hilton Tokyo Narita Airport provided exceptional value during a recent stay, including a comfortable room and delicious buffet. A Road Warrior review.

  • Is Time to Board the Renminbi Train? Tuesday, 19 Feb 2013 | 5:56 AM ET

    If we accept that the renmimbi is on its way, banks should set up an ability to trade and settle the currency itself, as well as handle bonds and equity denominated in it, writes Moorad Choudhry.

  • Hong Kong Disney Ends Seven-Year Itch to Make Money Tuesday, 19 Feb 2013 | 2:57 AM ET

    It's been a long seven-year itch, but Hong Kong Disneyland is finally making some money. The park made $14 million in the last financial year, while this is only about a 2.5 percent return on revenues of $550 million, it's still a profit.

  • Aussie Dollar at $1.30: Are You Kidding? Tuesday, 19 Feb 2013 | 2:36 AM ET

    The robust Australian dollar could actually get a whole lot stronger over the next two years, rising to as high as $1.30, but this is subject to strong gains in Asian equity markets.

  • At Last, China Bulls Are Having Moment in the Sun Tuesday, 19 Feb 2013 | 1:37 AM ET

    The long awaited recovery in Chinese stocks is here to stay, with the Shanghai Composite Index building on the surge seen late last year. Now analysts are expecting it to rally up to 30 percent in 2013.

  • Coca Cola

    There is some "light at the end of the tunnel" for Australian food manufacturers that have suffered under the weight of a strong Australian dollar.

  • SCMP Shares Tank 10% on Possible Takeover Tuesday, 19 Feb 2013 | 12:01 AM ET

    Shares of SCMP Group, the publisher of the South China Morning Post, fell as much as 10 percent in resumed trade on Tuesday after it said it was in talks about the possible acquisition of a group of media companies.

  • This Time Around, Abe May Prove He's Got It Right Monday, 18 Feb 2013 | 11:44 PM ET

    Japanese Prime Minister Shinzo Abe is out to prove that the man who threw in the towel after barely a year in office has what it takes to survive as a long-term leader.

  • Why US Crude Will Find It Difficult to Breach $100 Monday, 18 Feb 2013 | 9:08 PM ET

    Put next to NASDAQ and S&P rallies, U.S. Crude oil's performance looks a little ordinary.

  • Australia's central bank saw scope to cut interest rates further if needed, but felt it prudent to hold steady at its February meeting given parts of the economy were already responding.

  • Hong Kong Disneyland Reports a Profit, Finally Monday, 18 Feb 2013 | 7:07 PM ET

    A record number of visitors helped Hong Kong's Disneyland to finally turn a profit for the first time. The Global Post reports.

  • Huawei Denies Work Links in Singapore Death Monday, 18 Feb 2013 | 6:40 PM ET
    A receptionist sits behind the counter at the Huawei office in Wuhan, central China's Hubei province.

    Chinese telecommunications company Huawei said on Monday it had not worked with an institute in Singapore on any projects in the specialist field of an American engineer who died mysteriously last year.

  • Currency Trading Is Interesting Again Monday, 18 Feb 2013 | 10:14 AM ET
    A trader monitors the foreign exchange and stocks index in Tokyo.

    In the last month or so, in an effort to stimulate growth, central bankers have begun a new round of creative experiments. This should lead to more market volatility and unexpected investment opportunities, particularly in currencies.

  • Singapore Dollar Slides on Disappointing Export Data Monday, 18 Feb 2013 | 3:21 AM ET
    Singapore paper currency and coins

    The Singapore dollar slid on Monday after worse-than-expected export data, though it later recouped some of its early losses as it neared a key chart support level.

  • Look Out! Correction Looms for Soaring Nikkei Monday, 18 Feb 2013 | 3:04 AM ET

    As the Nikkei 225 scales a 33-month high, investors risk getting burnt as analysts warn of a correction.

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