Asia-Pacific News


  • Title of Hong Kong’s Favorite Brand Goes to… Monday, 5 Nov 2012 | 10:31 PM ET

    Hong Kong may be synonymous with designer boutiques and luxury retail outlets, with names such as Louis Vuitton and Prada crowding the city, but local consumers appear to be far less image conscious, if their favorite brands are any indication.

  • Is Risk ‘Back On’ Once This Week Is Over? Monday, 5 Nov 2012 | 9:56 PM ET

    There appears to be a perception in markets that once this week’s key political events in the U.S. and China are over, uncertainty will be lifted and investors can get back to the ‘risk on’ trading environment that has prevailed in recent months. Don’t bet on it, strategists say.

  • True Agenda of China’s New Leader Still a Mystery Monday, 5 Nov 2012 | 9:32 PM ET

    Five years ago, Xi Jinping, the man expected to shortly become one of the two most powerful men in China, was having dinner with the U.S. ambassador to Beijing, when he brought up his love of Hollywood movies. In particular, he expressed a great admiration of Steven Spielberg’s World War II epic “Saving Private Ryan.”

  • China’s New Leaders—the Lineup Monday, 5 Nov 2012 | 9:32 PM ET

    Here is a run-down of the main figures in China's Communist Party as the country names the "Fifth Generation" of leaders to the helm of the world’s second largest economy.

  • Here's How to Trade the Huge Week in Global Politics Monday, 5 Nov 2012 | 12:42 AM ET

    Political events this week in the world’s two biggest economies may have had investors sitting on the sidelines, but strategists say it's not time to be overly cautious, rather, investors should resume some risk and buy equities.

  • Thai Acquisition Puts Prudential in ‘Sweet Spot’ Sunday, 4 Nov 2012 | 11:43 PM ET

    Prudential’s acquisition of Thailand's Thanachart Life Assurance, a subsidiary of Thanachart Bank, marks a crucial step in the British insurer’s expansion in Southeast Asia -- a region Group Chief Executive Tidjane Thiam refers to as the company’s “sweet spot”.

  • Motorists fumed in long lines at gas stations around the New York area and screamed at each other Friday as fuel shortages hindered the region's efforts to recover from Super Storm Sandy. But in a move toward normalcy, Atlantic City's casinos were allowed to reopen.

  • Obama or Romney? Here's How Asia Markets Will Vote Friday, 2 Nov 2012 | 4:45 AM ET
    Republican presidential candidate, former Massachusetts Gov. Mitt Romney speaks during the American Legion 94th National Convention on August 29, 2012 in Indianapolis, Indiana. Romney is scheduled to accept his party's nomination on August 30.

    While investment strategists in the U.S. view a Republican victory as positive for the stock market given their presidential candidate Mitt Romney’s pro-business policies, market players in Asia believe a win for the former Massachusetts Governor would in fact be negative for equities on their side of the world.

  • Can Apple Afford to Ignore Emerging Markets? Friday, 2 Nov 2012 | 4:25 AM ET

    From India and Indonesia to Brazil, the cost of an iPhone is often double or triple, the price in developed countries, due mostly to a lack of availability and subsidies from mobile network operators.

  • The recent slew of manufacturing data suggest Asian economies are on the path to recovery after a year of slowing growth, but economists warn it might be too early for celebration.

  • The U.S. jobs market is in focus with monthly payrolls data out later Friday and the one thing that could provide a big boost to job creation - that has stayed weak in recent months - is a signal that the “fiscal cliff” will be avoided, economists told CNBC.

  • Japanese Valuations Look Good: Pro     Thursday, 1 Nov 2012 | 8:35 PM ET

    Kevin Gibson, CIO, Japanese Equities, Eastspring Investments says Japanese equities' valuations are priced at rock bottom, making It a compelling investment case.

  • Mulally Sets the Stage for His Final Act at Ford Thursday, 1 Nov 2012 | 2:44 PM ET
    Alan Mulally, president and chief executive officer of Ford Motor Co., speaks during the unveiling of the Ford Fusion in New York, U.S., on Tuesday, Sept. 18, 2012.

    Why is Alan Mulally publicly proclaiming he will stay at Ford through at least 2014 when he has never set a deadline in the past?

  • Chinese Shoppers Resort to Hand-Me-Down Hermes Thursday, 1 Nov 2012 | 11:21 AM ET

    As China’s economy slows, shoppers are slowly overcoming the stigma of wearing“pre-owned” luxury goods.

  • History Comes Back to Haunt Japan Electronics Makers Thursday, 1 Nov 2012 | 3:22 AM ET

    History is repeating itself in the global consumer electronics space, with newer players threatening the dominance of older established brands -  that is Japanese electronics makers.

  • 7-8% Growth is the New Normal for China     Wednesday, 31 Oct 2012 | 8:55 PM ET

    Robert Prior-Wandesforde, Director, Asia Economics, Credit Suisse says that China is headed for a soft landing. investors should expect that 7% -8% growth as the new normal.

  • GM Retirees Take Lump Sum Buyout Wednesday, 31 Oct 2012 | 1:32 PM ET
    GM's headquarters in Detroit

    General Motors took another big step in its ongoing efforts to reduce the company’s massive pension obligation.

  • Damage From Sandy? What About Potential Economic Boost? Wednesday, 31 Oct 2012 | 7:42 AM ET

    As focus turns to the cost of the damage wrecked by Sandy, one of the biggest storms to hit the U.S., experts say the economy is set for a significant boost from the spending that will result from the need to rebuild homes and infrastructure.

  • CNBC's Kelly Evans reports on all the market moving events from Europe, including a look at positive earnings reports from European airlines and oil and gas firms.

  • Physical demand for gold from Asian consumers may be showing some modest signs of stabilization but the buying interest so common at this time of year during religious festivals and the wedding season still won't be strong enough to lift prices above $1,800 an ounce, strategists said.

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Asia Video

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