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Asia-Pacific News


  • Where's the yen going? Look to the Fed for answers Friday, 2 Aug 2013 | 5:35 AM ET

    This year's sharp fall in the yen may have been driven by aggressive monetary stimulus in Japan, but whether that trend continues is largely dependent on the U.S. monetary policy outlook, analysts say.

  • Here are other ways to play the weak Aussie trade Friday, 2 Aug 2013 | 4:14 AM ET

    As the Aussie dollar continued its slide to a fresh 3-year low against the greenback, analysts said there are other currencies that might make a better bet against the battered Aussie.

  • Toyota raises profit forecast on weak yen, US sales Friday, 2 Aug 2013 | 2:11 AM ET

    Toyota raised its operating profit forecast for the financial year ending in March 2014 by 7.8 percent as the weakening yen makes its export business more profitable.

  • Time to bet on Chinese exporters: Goldman Sachs Friday, 2 Aug 2013 | 2:06 AM ET

    Goldman Sachs recommends gaining exposure to China'e export sector since it is set to benefit from a turnaround in the global economy, in particular a revival in the U.S. economy.

  • Shoppers walk down the Third Street Promenade's outdoor shopping mall in Santa Monica, California.

    Australia boasted the largest ever rise in visitor arrivals in June as fans of the British and Irish Lions invaded the country to watch a one-in-12 year rugby test series.

  • Chinese President Xi Jinping and his wife Peng Liyuan get off the plane at Vnukovo airport outside Moscow on March 22, 2013.

    China's first lady Peng Liyuan has landed on the coveted Vanity Fair international best-dressed list ahead of her U.S. counterpart Michelle Obama.

  • Top French winemakers eye China vintage Thursday, 1 Aug 2013 | 9:27 PM ET
    Flight of wine at California Pizza Kitchen

    In a few remote corners of China, two of France's top winemakers have more on their minds than a trade row with their most promising export market.

  • Singapore wealth fund: Western banks are healing Thursday, 1 Aug 2013 | 9:22 PM ET

    Singapore sovereign wealth fund GIC said it believes the western banking industry is healing and it has the capacity to invest more in the financial sector.

  • Toyota Motor's slower-than-expected growth in Southeast Asia is becoming a headache as the world's best-selling carmaker closes on its six-year-old profit record.

  • Facebook, Google face threat from Asian chat apps Thursday, 1 Aug 2013 | 8:35 PM ET

    With a burgeoning middle class and fast-rising smartphone sales, southeast Asia has become the front line in a battle for mobile phone users, threatening the western heavyweights.

  • Inside North Korea's not so isolated economy Thursday, 1 Aug 2013 | 2:24 PM ET
    Kim Jong-Un and Dennis Rodman at a basketball game in North Korea in February 2013

    As Dennis Rodman was scheduled to return to North Korea, the NBA star's trip sheds light on the totalitarian state, where—surprise!—pockets of capitalism have emerged.

  • When travelers attack: China tackles 'air rage' Thursday, 1 Aug 2013 | 11:21 AM ET
    Stranded travellers arguing with police (R) and airline personnel at Changshui International Airport in Kunming, China, January, 2013.

    Chinese travelers frustrated by chronic delays seem to be on the verge of rebellion: attacking flight attendants, ignoring security protocols and engaging in screaming matches with airline staff.

  • No need to doubt our reform vow: Japan minister Thursday, 1 Aug 2013 | 6:59 AM ET

    Japan remains committed to transforming its economy, which has suffered from years of deflation and weak growth, Toshimutsu Motegi, the country's minister of the economy, trade and industry told CNBC.

  • Business sentiment in this city-state is on the rise Thursday, 1 Aug 2013 | 4:49 AM ET
    Singapore's business district skyline at dusk

    Businesses confidence in Singapore rose in the first half of the year on the back of improving access to capital and a brighter economic outlook, a survey published by the Association of Chartered Certified Accountants (ACCA) on Thursday showed.

  • It seems the only way is down for the Aussie Thursday, 1 Aug 2013 | 4:28 AM ET

    The battered Aussie hit a three-year low of $0.90 on Thursday, and there seems no end to its vicious slump, with some analysts pointing to a 20 percent decline in the coming years.

  • Inside Europe's commercial property boom Thursday, 1 Aug 2013 | 3:29 AM ET

    Chinese and Korean investors are snapping up commercial real estate in major European countries, helping drive investment in the region, according to Jones Lang LaSalle.

  • Will DBS, Danamon deal collapse curb Indonesia M&A? Thursday, 1 Aug 2013 | 3:22 AM ET

    A decision by Southeast Asia's biggest bank to quit a year-long pursuit of Indonesia's Bank Danamon could deter other foreign banks from the banking sector.

  • The positive surprise in China's official PMI is a result of improving business sentiment on the back of Beijing's recent stimulus announcement, analysts told CNBC.

  • Are fears over China government debt overblown? Thursday, 1 Aug 2013 | 12:49 AM ET

    Beijing's nation-wide audit of China's local government loans has fueled fears over the severity of the state's colossal debt pile, but BAML says the concerns are overblown.

  • China's manufacturing sector managed to stay in expansionary phase in July, according to official government data on Thursday, defying forecasts of a contraction.

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