Asia-Pacific News


  • More Than Easing Needed to Make Tokyo Stocks a Buy  Thursday, 21 Mar 2013 | 9:15 PM ET

    Eric Sprott, CEO at Sprott Asset Management explains why promises of money printing by the Bank of Japan's new leadership isn't enough reason to buy Japanese stocks.

  • From Russia With Love: China's Xi Visits Moscow Thursday, 21 Mar 2013 | 8:21 PM ET

    China's new leader Xi Jinping arrives in Russia on Friday for his first overseas trip, with an elusive gas deal expected to be high on the agenda.

  • Is There Room for the New BlackBerry Z10? Thursday, 21 Mar 2013 | 7:21 PM ET
    BlackBerry introduces its new smartphone, Z10.

    The BlackBerry Z10 hits store shelves Friday and there's a lot at stake for the company. But with the Android and iPhone -- is there even room for the new BlackBerry?

  • BOJ's New Head Vows All to Hit Inflation Target Thursday, 21 Mar 2013 | 7:21 PM ET
    Bank Of Japan New Governor Haruhiko Kuroda

    The new governor of the Bank of Japan says the central bank is ready to use all means available, including buying longer-term assets, to achieve its 2 percent inflation target.

  • YouTube Reaches 1 Billion Users Milestone Thursday, 21 Mar 2013 | 2:18 AM ET
    Google, which owns Youtube, is considering a plan to sell cablelike services via the Internet.

    Google's YouTube said the number of unique users visiting the video-sharing website every month has reached 1 billion.

  • Cyprus a Sign World Is 'Not Better': StanChart CEO Thursday, 21 Mar 2013 | 12:31 AM ET

    The Cyprus bailout chaos serves as a stark reminder that fundamental issues in the world economy are not yet fixed, said CEO of Standard Chartered Bank Peter Sands.

  • Australia’s Prime Minister Wins Leadership Vote Thursday, 21 Mar 2013 | 12:08 AM ET
    Prime Minister of Australia Julia Gillard with former Prime Minister Kevin Rudd in the background.

    Australia’s Prime Minister Julia Gillard won a leadership contest on Thursday unopposed, although analysts said vote was unlikely to end damaging internal divisions with a risk that elections scheduled for September may have to be held earlier.

  • China Needs 'High Standards' to Join TPP, US Says Wednesday, 20 Mar 2013 | 11:31 PM ET

    China has to meet high standards if it wants to join the U.S.-led trade negotiations with Asia Pacific economies, Trade Representative Demetrios Marantis told CNBC.

  • World's Top Maker of Solar Panels Nears Insolvency Wednesday, 20 Mar 2013 | 11:02 PM ET

    A group of Suntech Power lenders want the Chinese solar panel maker's main unit declared insolvent, a sign Beijing is losing support for the industry.

  • South Korea: Chinese Address Source of Cyberattack Wednesday, 20 Mar 2013 | 10:24 PM ET
    Cheonggyecheon Stream runs through an urban park in Seoul.

    A Chinese Internet address was the source of a cyberattack on one of the South Korean companies hit in a massive computer shutdown that affected five other banks or companies, initial findings indicated Thursday. The Associated Press reports.

  • North Korea Military Threatens US Bases as Targets Wednesday, 20 Mar 2013 | 10:24 PM ET

    North Korea's supreme military command said on Thursday its "precision attack" weapons have U.S. navy bases in Guam and Okinawa in their sights and will attack them if it is provoked.

  • China HSBC Flash PMI Up in March After Holiday Dip Wednesday, 20 Mar 2013 | 9:49 PM ET

    Growth in China's vast manufacturing sector picked up in March, a preliminary survey of factory managers showed, recovering from a holiday-driven dip the month before but still short of January's strong performance.

  • Is New BOJ Governor About to Deliver Bold Action? Wednesday, 20 Mar 2013 | 9:19 PM ET
    Bank of Japan Governor Haruhiko Kuroda

    Haruhiko Kuroda, the new Bank of Japan Governor, holds his first press conference on Thursday, with media reports suggesting he will use the opportunity to unveil a major departure in monetary policy.

  • Chinese Premier Pressed by Lew on Cyber Spying Wednesday, 20 Mar 2013 | 9:14 PM ET

    The newly appointed U.S. Treasury secretary "pressed hard" in meetings with Chinese leaders over alleged Chinese cyber attacks aimed at stealing commercial secrets from American companies, according to U.S. officials. The Financial Times reports.

  • New BOJ Head Poised to Lead Regime Change Wednesday, 20 Mar 2013 | 7:09 PM ET
    Haruhiko Kuroda

    Haruhiko Kuroda has long been frustrated with Japan's poor economic performance. Now, as the Bank of Japan's new governor, he can do something about it.

  • Samsung Gets a Head Start on Apple With SmartTVs Wednesday, 20 Mar 2013 | 11:22 AM ET
    Kim Hyun Suk, vice president of Visual Display at Samsung Electronics Corp., pose with company's F8000 series smart television in Seoul, Seoul, South Korea.

    Samsung recently introduced a new line of smart TVs that will make the TV interface more like a mobile device.

  • North Korea Eyed After South Korea Hack Attack Wednesday, 20 Mar 2013 | 6:53 AM ET

    Computer networks at major South Korean banks and top TV broadcasters crashed Wednesday, prompting speculation of a cyberattack by North Korea.

  • Fortescue CEO Refutes $70 Call on Iron Ore Wednesday, 20 Mar 2013 | 4:03 AM ET

    Extreme bearish forecasts for iron ore prices to drop to as low as $70 a metric ton are an overreaction to the oversupply situation in the sector, said the CEO of the world's fourth largest iron ore producer.

  • India Reassures on Reforms After Key Ally Quits Wednesday, 20 Mar 2013 | 2:19 AM ET

    The Indian government said on Wednesday it was still able to pass reform legislation in parliament, a day after its biggest ally abruptly quit the ruling coalition.

  • BlackRock's Fink Sees Hope in Japan's New Policies Wednesday, 20 Mar 2013 | 2:07 AM ET

    Japanese government policies to help kickstart its economy and ease the burden of long-term deflation are "on the right path," BlackRock Chairman and Chief Executive Laurence Fink said.

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